THOR EQUITIES Contact: Joshua Greenwald 212-432-3062 [email protected]

FOR IMMEDIATE RELEASE

THOR EQUITIES WELCOMES LAMY TO 452 WEST BROADWAY IN SOHO

Manufacturer of High-Quality Writing Instruments Signs Long-Term Lease for Entire Three-Level Building

New York, November 6, 2017 – Thor Equities, a global leader in urban real estate development, leasing and management, has leased 452 West Broadway in SoHo to Lamy for its flagship U.S. store, company executives announced today.

The German maker of high-quality writing instruments signed a long- term deal for the entire three-level, 2,000-square-foot building for its first store in North America, which is scheduled to debut in spring 2018.

“We are pleased to welcome Lamy to West Broadway in SoHo, which continues to be one of City’s premier shopping destinations for both residents and tourists,” said Melissa Gliatta, COO of Thor Equities.

Situated between Prince Street and West Houston Street, with 30-foot high glass frontage overlooking West Broadway, the property is surrounded by leading retailers such as Birchbox, DSquared2, Ladurée, DKNY, Missoni, Moleskine and Chobani.

In addition to 452 West Broadway, Thor Equities’ SoHo portfolio including multiple buildings along Greene Street, Wooster Street, Broadway, West Broadway, Broome Street and Mercer Street.

###

About Thor Equities: Thor Equities is a leader in the development, leasing and management of commercial, residential, retail, and mixed-use assets in premier urban locations worldwide. The company maximizes returns for investors by recognizing a property’s potential, reducing operating expenses, increasing tenant satisfaction, and leveraging market trends to maintain a long-term competitive edge. Thor Equities is also the exclusive representative of global retailers through Thor Retail Advisors, a premier leasing agent for marquee properties worldwide. For more information, visit www.thorequities.com.

CONFIDENTIALITY NOTICE AND DISCLAIMER This email and any information contained herein are conidential and may be privileged or otherwise protected from disclosure. If you are not the intended recipient, please notify the sender immediately and delete this message and any attachment from your system. Any dissemination or use of this information by a person other than the intended recipient is unauthorized and may be illegal. For the avoidance of doubt, in no event will this e-mail or any subsequent replies be construed as an enforceable agreement, contract or offer to buy, sell, lease, to amend or terminate any agreement, contract, or lease, to pay any consideration, or to undertake renovations of any property or settle any claim. This e-mail is not an agreement to negotiate. Either party may refuse to agree on any point, cease negotiations, or revise provisions previously agreed. The parties shall not be bound until all necessary parties sign inal, deinitive and formal agreements, contracts and/or leases relecting all of the agreed upon terms of the proposed transaction, any consents are obtained making such agreement, contract or lease enforceable and the parties exchange fully executed agreements, contracts or leases.

CONFIDENTIALITY NOTICE AND DISCLAIMER This email and any information contained herein are conidential and may be privileged or otherwise protected from disclosure. If you are not the intended recipient, please notify the sender immediately and delete this message and any attachment from your system. Any dissemination or use of this information by a person other than the intended recipient is unauthorized and may be illegal. For the avoidance of doubt, in no event will this e-mail or any subsequent replies be construed as an enforceable agreement, contract or offer to buy, sell, lease, to amend or terminate any agreement, contract, or lease, to pay any consideration, or to undertake renovations of any property or settle any claim. This e-mail is not an agreement to negotiate. Either party may refuse to agree on any point, cease negotiations, or revise provisions previously agreed. The parties shall not be bound until all necessary parties sign inal, deinitive and formal agreements, contracts and/or leases relecting all of the agreed upon terms of the proposed transaction, any consents are obtained making such agreement, contract or lease enforceable and the parties exchange fully executed agreements, contracts or leases.