Manhattan College BRONX
Tenay Williamsbridge FIRSTN QUARTER 2019Park REPORT
Knickerbocker CC
FIRST QUARTER 2019 UPDATE Englewood Clis NEW Over the past year our repositioning and leasing efforts have resulted in overallYORK occupancy across the New York City REIT, Inc. Bronx Englewood Zoo INWOOD Henry Hudson Pkwy (“NYCR”) portfolio improving from 88% as of March 31, 2018 to 94.6% as of March 31,W 207th2019. St The significant occupancy level New York University
Dyckman St improvements at 9 Times Square and 123 William Street, which increased to 84.4% andAve 10th 100%,New York respectively, from 69.1% and University Nagle Ave
The Bronx Cloisters
Margaret 90.3%, are key contributors to this overall improvement. Corbin Rd
Fort George Ave
Teaneck Cabrini Blvd Cabrini Management continues to work closely with leasing agents, commercial brokers,Riverside Dr tenants and property managers to lease up Palisades Park FORT vacant space, pursue potential acquisitions and fortify our existing tenant relationships.W 187th StGEORGE Successful execution of the lease-up
Saint Nicholas Ave Washington Brdg strategy continues to require upfront costs, mainly in the form of leasing commissionsHenry Hudson Pkwy W 181st St and tenant improvements, which are used Alexander Hamiliton Trans Mahattan Exwy Brdg
W 177th St
to attract tenants to sign new leases. We expect these initial investments to Georgeprovide Washington Brdg Blvd Cabrini long-term benefits for the company and our Riverside Dr Riverside Leonia WASHINGTON shareholders as increased occupancy levels and net operating income will improve the valueHEIGHTS of the portfolio as we prepare for an
Presbyterian
eventual liquidity event. Hospital Dr River Harlem Riverside Dr Riverside
Fort Fort Washington Ave Washington Fort Lee Edward M Morgan Pl
Riverside DrW Edgecombe Ave As of March 31, 2019, our portfolio consisted of seven properties, one located W 158thin St Brooklyn and the other six located in Riverside Dr
W 155th St Yankee Frederick Douglass Blvd Frederick Macombs Stadium Manhattan, the financial capital of the world and the epicenter of commerce among New York Dam BrdgCity’s five boroughs. These assets
HAMILTON
8th Ave Riverside Dr Riverside 1 Palisades HEIGHTS comprise more than one million square feet. Overall,Park our weighted average lease term(Sugar remaining Hill) was 6.1 years and our net Ridgeeld
W 145th St Ave Edgecombe Park 145th St leverage remains low at 32%3, providing room for additional leverage and potential portfolio growth.Brdg Additionally, during the Riverside Dr 1
first quarter, 28,612 square feet of new leases commenced with a weighted average lease term of 8.3W 138th St years. E 138th St Harlem
Hospital Saint Nicholas Ave Nicholas Saint Adam Clayton Powell Jr Blvd ClaytonAdam Powell Center WEST Ave Convent W 135th St E 135th St HARLEM City College CENTRAL of New York HARLEM
Marginal St
Manhattanville
5th Ave Third Ave 12th Ave E 130th St Saint Clair Pl
Malcolm X Blvd
Second Ave Cliside E 128th St Willis Ave PORTFOLIO HIGHLIGHTS Ridgeeld Edgewater E 127th St Brdg (As of March 31, 2019) Park W 125th St E 126th St E 125th St Triborough Brdg Hancock Pl
Frederick DouglassFrederick Blvd Little General Grant E 124th St QUEENS Ferry Nat'l Monument Seminary Row
120th St Mount Morris Park W Park Morris Mount Downing
Henry Hudson Pkwy Hudson Henry Stadium MORNINGSIDE Dr Morningside Property Highlights Financial HighlightsHEIGHTS Barnard Sewage College Disposal W 116th St Morningside Ave W 116th St Manhattan E 116th St Plant Columbia University Laguardia 2 - E 34Th St Cathedral Fairview of St John Laguardia Number of Properties 7 Real Estate InvestmentsThe Divine EAST $774 million - Wall St
W 110th St Frederick Cathedral Pkwy Manhattan Ave Manhattan Central Park N E 110th St HARLEM Douglass Cir (El Bario) Frawley Cir
Lasker Rink Triborough Brdg & Pool
3 Amsterdam Ave Moonachie W 106th St E 106th St Manhattan Rentable Square Feet 1.1 million Net Leverage Museo Psychiatric Center 32% Del Barrio
Broadway Museum of The
City Of New York FDR Dr FDR
Mt Sinai Hospital Metropolitan
Occupancy 94.6% Weighted AverageDr Riverside Effective Interest Rate 4.5%
97th St Transverse Rd Hospital Henry Hudson Pkwy Hudson Henry W 96th St Tennis Madison Ave E 96th St Courts
Jewish 1 Museum
UPPER Ferry Weighted Avg. Remaining Lease Term (Yrs.) 6.1 Cooper Hewitt Terminal WEST Museum E 90th St Soldiers and Gracie SIDE Guggenheim Sailors 86th St Transverse Rd Mansion Carlstadt Monument Museum Queens
North Central Ave Lexington
Park Ave Park Bergen W 86th St Park E 86th St 1st Ave YORKVILLE Children's Museum Metropolitan UPPER 2 Riverside Museum Of Art EAST Park Delecorte
CentralW Park Columbus Ave W 81st St Theater SIDE Obelisk REAL ESTATE INVESTMENTS PROPERTYAmerican MAP (in millions) Hayden W 79th St Planetarium Museum Of
E 79th St Ave York Natural HistoryBelvedere Guttenberg Castle 79th St Transverse Rd W 77th St Boat House
W End Ave New York Historical Society Whitney Museum Bethesda of American Art Fountain & Terrace NYC W 72nd St REIT E 72nd St Cornell $800 Asia Society Medical Bandshell The Frick Museum College Henry Hudson Pkwy Hudson Henry Collection NYC REIT LINCOLN New York ROOSEVELT Hospital ISLAND SQUARE Center Museum of Julliard Tavern On 5th Ave American The Green LENNOX West New School Folk Art 65th Street Transverse Rd 3rd Ave 3rd HILL Rockefeller $750 The Zoo York Lincoln University Center Dairy E 63rd St Abigail NY State Wollman E 62nd St Adams Smith
Theater Rink House Museum 2nd Ave 2nd Henry Hudson Pkwy Hudson Henry E 61st St
Fdr Fdr Dr E 60th St Fordham Queensboro Brg Conn Queensboro mbus Univ u Ci Central Park S l r o Brdg
C W 58th St $700 Plz Army Grand Plaza Hotel NYC W 57th St E 57th St REIT NY Convention Trump & Visitors Carnegie Tower Bureau Hall Museum Of Modern Art E 53rd St Museum of TV & Radio $650 American Craft Museum St Patricks Passenger Cathedral Ship Terminal Radio City
Music Hall Ave First Waldorf - Rockefeller Astoria Hotel E 48th St TIMES Center Rockefeller Plz NYC
Intrepid 8th Ave Sea-Air-Space SQUARE REIT MIDTOWN Museum $600 9th Ave Grand NYC Central United REIT Vanderbilt Ave Nations
12th Ave 11th Ave
7th Ave Chrysler
Park Ave Park W 42nd St United Nations Plz
Weehawken Building E 42nd St Queens Midtown Tunnel Dyer Ave Dyer
10th Ave Bryant Park E 40th St
Lincoln Tunnel The Americas OfAvenue NY Public MURRAY $550 Lincoln Tunnel Library W 39th St W 38th St GARMENT HILL Ferry HELLS Pierpont Terminal DISTRICT Morgan Secaucus Jacob Javits KITCHEN Library Convention Center
Fashion Ave Fashion Empire State
Park Ave Park 1st Ave 1st Dyer Ave W 34th St Building General E 34th St $500 Post O ce Madison Square Garden NYU W 31st St Ave 3rd Penn Ave 2nd Medical Station W 30th St 8th Ave Center
Chelsea MIDTOWN KIP'S Park SOUTH E 28th St BAY Union Bellevue $450 City CENTRAL Hospital Madison E 25th St Square VA
7th Ave Park Hospital W 23rd St E 23rd St
CHELSEA S Ave Park FLATIRON $400 Theodore DISTRICT Roosevelt Gramercy STUYVESANT Birthplace Park TOWN Union GRAMERCY Square PARK
11th Ave Avenue C Avenue Union Sq E E 15th St
W 14th St The Americas OfAvenue E 14th St $350 Union SqW E 14th St Greenwich Ave GREENWICH Ukranian VILLAGE Museum
Stevens Institute Ave 4th St Marks E 9th St Church
of Technology Ct Lafayette W 8th St 8th St Cooper Saint Marks Pl Tompkins Astor Pl Union Square Landmark
$300 S Ave 7th Washington EAST WEST Bleecker St Sq N Washington Washington Pl VILLAGE VILLAGE Washington SqW Square
Washington Sq S Washington Sq E Cooper Sq E 4th St E 4th Walk Hoboken New York
Christopher St University
Avenue D Avenue
Avenue A Avenue
Avenue B Avenue Avenue C Avenue
Greenwich St Greenwich NOHO E Houston St Varick St Laguardia Pl $250 Hudson St
Clinton St
Columbia St
FDR Dr Prince St New Museum of Contemporary Mulberry St W Houston St Art Sarah D Rivington St
Allen St Roosevelt Delancey St Lafayette St Lafayette Pkwy Williamsburg Brdg
Delancey St The Americas The
NYC Fire Of Avenue Delancey St Museum SOHO Kenmare St Bowery $200 Pl Cleveland LITTLE Broome St Tenement ITALY Museum
Canal St Grand St BOWERY West St West Watts St Seward Holland Tunnel W Broadway Park LOWER EAST Corlears
Varick St Varick SIDE Hook Front St Park $150 Chinese E Broadway Alternative Museum CHINATOWN History Museum Pike St
Brooklyn South St Duane St Support US Court House Park Row Activity Manhattan Brdg $100 Chambers St TRIBECA City Hall Avenue Of The Finest Saint James Pl
NYC Kearny Woolworth Barclay St Church St REIT Bldg Park Row Brooklyn Brdg Natl $50 WTC 9/11 Fulton St Memorial North Cove Maiden Ln Yacht Harbor Liberty St Pearl St Liberty Plz Liberty Federal Reserve American Bank South Stock Ex Greenwich St Street Jersey BATTERY New York
Trinity Pl Trinity Stock Ex Wall St Seaport PARK Ferry City Water St Terminal $0 CITY Exchange Aly Morris St
Saint Peters St Greenwich Brooklyn College Battery Pl US Whitehall St FINANCIAL 1Q ‘16 2Q ‘16 3Q ‘16 4Q ‘16 1Q ‘17 2Q ‘17 3Q ‘17 4Q ‘17 1Q ‘18 2Q ‘18 3Q ‘18 4Q ‘18 1Q ‘19 Custom State St Battery House DISTRICT Park Castle Clinton Nat'l Monument Ferry Terminal Ferry Real Estate Investments2 ($MMs) Terminal Note: Map shows six properties located in Manhattan. Medical office building in BrooklynBrooklyn Battery Tunnel not pictured. Ellis Island National Monument
Governors Island 1 Weighted average remaining lease term in years based on annualized straight-line rent as of March 31, 2019. Support Center 2 Total real estate investments, at cost as of March 31, 2019, recorded on NYCR balance sheet. Jersey City State College Prospect Park Statue Of Liberty 3 Based on total mortgage notes payable, gross less cash and cash equivalents divided by total real estateNat'l Monument investments at cost as of March 31, 2019. KINGS
Newark Manhattan College BRONX
Tenay Williamsbridge N Park
Knickerbocker CC
Englewood Clis NEW YORK
Bronx Englewood Zoo INWOOD Henry Hudson Pkwy W 207th St New York University
Dyckman St 10th Ave 10th New York University Nagle Ave
The Bronx Cloisters
Margaret Corbin Rd
Fort George Ave
Teaneck Cabrini Blvd Cabrini
Riverside Dr Palisades Park FORT W 187th StGEORGE
Saint Nicholas Ave Washington Brdg
Henry Hudson Pkwy W 181st St
Alexander Hamiliton Trans Mahattan Exwy Brdg
W 177th St
George Washington Brdg Blvd Cabrini Riverside Dr Riverside Leonia WASHINGTON HEIGHTS
Presbyterian
Hospital Dr River Harlem Riverside Dr Riverside
Fort Fort Washington Ave Washington Fort Lee Edward M Morgan Pl
Riverside DrW Edgecombe Ave W 158th St
Riverside Dr
W 155th St Yankee Frederick Douglass Blvd Frederick Macombs Stadium Dam Brdg
HAMILTON
8th Ave Palisades Dr Riverside HEIGHTS Park (Sugar Hill)
Ridgeeld Edgecombe Ave Edgecombe W 145th St 145th St Park Brdg
Riverside Dr
W 138th St E 138th St Harlem
Hospital Saint Nicholas Ave Nicholas Saint Adam Clayton Powell Jr Blvd Clayton Adam Powell Center WEST Ave Convent W 135th St E 135th St HARLEM City College CENTRAL of New York HARLEM
Marginal St
Manhattanville
5th Ave Third Ave 12th Ave E 130th St Saint Clair Pl
Malcolm X Blvd
Second Ave Cliside E 128th St Willis Ave Ridgeeld Edgewater E 127th St Brdg Park W 125th St E 126th St E 125th St Triborough Brdg Hancock Pl
Frederick DouglassFrederick Blvd Little General Grant E 124th St QUEENS Ferry Nat'l Monument Seminary Row
120th St Mount Morris Park W Park Morris Mount Downing
Henry Hudson Pkwy Hudson Henry Stadium MORNINGSIDE Dr Morningside HEIGHTS Barnard Sewage College Disposal W 116th St Morningside Ave W 116th St Manhattan E 116th St Plant Columbia University Laguardia - E 34Th St
Cathedral Fairview of St John Laguardia The Divine EAST - Wall St
W 110th St Frederick Cathedral Pkwy Manhattan Ave Manhattan Central Park N E 110th St HARLEM Douglass Cir (El Bario) Frawley Cir
Lasker Rink Triborough Brdg & Pool
Moonachie W 106th St Amsterdam Ave E 106th St Manhattan Museo Psychiatric Center Del Barrio
Broadway Museum of The
City Of New York FDR Dr FDR
Mt Sinai Hospital Metropolitan
Riverside Dr Riverside 97th St Transverse Rd Hospital Henry Hudson Pkwy Hudson Henry W 96th St Tennis Madison Ave E 96th St Courts
Jewish Museum
UPPER Ferry Cooper Hewitt Terminal WEST Museum E 90th St Soldiers and Gracie SIDE Guggenheim Sailors 86th St Transverse Rd Mansion Carlstadt Monument Museum Queens
North Central Ave Lexington
Park Ave Park Bergen W 86th St Park E 86th St 1st Ave YORKVILLE Children's Museum Metropolitan UPPER Riverside Museum Of Art EAST Park Delecorte
CentralW Park Columbus Ave W 81st St Theater SIDE Obelisk Hayden American W 79th St Planetarium Museum Of
E 79th St Ave York Natural HistoryBelvedere Guttenberg Castle 79th St Transverse Rd W 77th St Boat House
W End Ave New York Historical Society Whitney Museum Bethesda of American Art Fountain & Terrace W 72nd St E 72nd St Cornell Asia Society Medical Bandshell The Frick Museum College Henry Hudson Pkwy Hudson Henry Collection LINCOLN New York ROOSEVELT SQUARE Hospital ISLAND Center Museum of Julliard Tavern On 5th Ave American The Green LENNOX West New School Folk Art 65th Street Transverse Rd 3rd Ave 3rd HILL Rockefeller York Lincoln The Zoo University Center Dairy E 63rd St Abigail NY State Wollman E 62nd St Adams Smith
Theater Rink House Museum 2nd Ave 2nd Henry Hudson Pkwy Hudson Henry E 61st St
Fdr Fdr Dr E 60th St Fordham Queensboro Brg Conn Queensboro mbus Univ u Ci Central Park S l r o Brdg C W 58th St Plaza Hotel Plz Army Grand W 57th St E 57th St NY Convention Trump & Visitors Carnegie Tower Bureau Hall Museum Of Modern Art E 53rd St Museum of TV & Radio American Craft Museum St Patricks Passenger Cathedral Ship Terminal Radio City
Music Hall Ave First Waldorf - Rockefeller Astoria Hotel
E 48th St Center Rockefeller Plz
Intrepid 8th Ave Sea-Air-Space TIMES MIDTOWN Museum 9th Ave SQUARE Grand Central United Vanderbilt Ave Nations
12th Ave 11th Ave
7th Ave Chrysler
Park Ave Park W 42nd St United Nations Plz
Weehawken Building E 42nd St Queens Midtown Tunnel Dyer Ave Dyer
10th Ave Bryant Park E 40th St
Lincoln Tunnel The Americas OfAvenue NY Public MURRAY Lincoln Tunnel Library W 39th St W 38th St GARMENT HILL Ferry HELLS Pierpont Terminal DISTRICT Morgan Secaucus Jacob Javits KITCHEN Library Convention Center
Fashion Ave Fashion Empire State
Park Ave Park 1st Ave 1st Dyer Ave W 34th St Building General E 34th St Post O ce Madison Square Garden NYU W 31st St Ave 3rd Penn Ave 2nd Medical Station W 30th St 8th Ave Center
Chelsea MIDTOWN KIP'S Park SOUTH E 28th St BAY Union Bellevue City CENTRAL Hospital
Madison E 25th St Square VA
7th Ave Park Hospital W 23rd St E 23rd St
CHELSEA S Ave Park FLATIRON Theodore STUYVESANT DISTRICT Roosevelt Gramercy Birthplace Park TOWN GRAMERCY Union Square PARK
11th Ave Avenue C Avenue Union Sq E E 15th St
W 14th St The Americas OfAvenue E 14th St Union SqW E 14th St
Greenwich Ave Ukranian GREENWICH Museum VILLAGE New York, NY
4th Ave 4th New York, NY Stevens Institute St Marks E 9th St Church
of Technology Ct Lafayette W 8th St 8th St Cooper Saint Marks Pl Tompkins Astor Pl Union Square Landmark
PROPERTY SPOTLIGHT 123 William Street S Ave 7th Washington EAST WEST Bleecker St Sq N Washington Washington Pl VILLAGE VILLAGE Washington SqW Square
Washington Sq S Washington Sq E Cooper Sq E 4th St E 4th Walk OVERVIEW Hoboken PROPERTY AT ANew GLANCE York
Christopher St University Avenue D Avenue
New York City REIT, Inc. acquired 123 William Street, an institutional-quality office property, A Avenue Avenue B Avenue Address 123 William Street C Avenue
Greenwich St Greenwich NOHO E Houston St Varick St Laguardia Pl located in lower Manhattan for $253 million in March 2015. The property contains approximately Hudson St New York, NY 10038 Clinton St
Columbia St
543,000 rentable square feet. FDR Dr Prince St New Museum of Contemporary Mulberry St W Houston St Art Sarah D Rivington St
Allen St st Roosevelt Delancey St During the first quarter, we executed a lease for Fundera, Inc. to add additional office space on the 21 Gross Leasable Area 542,676 squareSt Lafayette feet Pkwy Williamsburg Brdg
Delancey St The Americas The
NYC Fire Of Avenue Delancey St floor comprising of 9,280 square feet, doubling the tenant’s leased space. With the commencement Museum SOHO Kenmare St Bowery Cleveland Pl Cleveland LITTLE Broome St of this lease, we have now extended occupancy at 123 William Street to 100% as compared to 90.3% Purchase Price $253.0 million Tenement ITALY Museum
as of March 31, 2018. Canal St Grand St BOWERY West St West Watts St Seward W Broadway LOWER Holland Tunnel Acquisition Date March 27, 2015 Park EAST Corlears
SELECT TENANT PROFILES St Varick SIDE Hook Park Chinese Front St Alternative CHINATOWN E Broadway Classroom, Inc. is a nonprofit educational organization that helps students in high-poverty Occupancy Museum 100% History Museum Pike St communities develop literacy and leadership skills. By creating digital learning games and curriculum set in the professional world and supporting educators in creating student-centered Brooklyn South St classrooms, Classroom, Inc. invites students to take charge of their learning. Duane St Support US Court House Park Row Activity Manhattan Brdg Chambers St Fundera provides advice and comparison technology to help business owners easily identify their TRIBECA City Hall Avenue Of The Finest Saint James Pl best-fit financial products and, ultimately, make better business decisions. Fundera’s mission is Kearny Woolworth Barclay St Church St Bldg to give business owners the tools and advice they need to build great businesses. Park Row NYC Brooklyn Brdg Natl REIT WTC 9/11 Fulton St Knotel runs a network of custom locations with adaptable environments and on-demand Memorial North Cove Maiden Ln Yacht Harbor Liberty St Pearl St headquarters that cater to modern business needs. With almost 600,000 square feet in New Plz Liberty Federal Reserve York City and its first location in San Francisco, Knotel is the leader in flexible office space for American Bank South Stock Ex Greenwich St Street Jersey BATTERY New York established companies. Pl Trinity Stock Ex Wall St Seaport PARK Ferry City CITY Exchange Aly Water St Terminal LOCATION SUMMARY Morris St
Saint Peters The property is located in Lower Manhattan, also called the Financial District. In addition to St Greenwich Brooklyn College Battery Pl FINANCIAL Chinatown, Little Italy and Battery Park, Lower Manhattan is home to Wall Street as well as the US Whitehall St Custom State St DISTRICT Battery House World Trade Center. Park Castle Clinton Nat'l Monument Ferry Terminal Ferry Terminal
For more information on New York City REIT, Inc., please visit the company website, www.newyorkcityreit.com or call our Investor Relations department at 866-902-0063. The information included herein should be read in connection with your review of NYCR’s Quarterly Report on Form 10-Q for the three months ended MarchBrooklyn 31,Battery Tunnel2019, as filed with the U.S. Securities and Exchange Commission (“SEC”) on May 15, 2019. Ellis Island National Forward-Looking Statement Disclosure Monument The statements in this report include statements regarding the intent, belief or current expectations of NYCR and members of its management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as “may,” “will,” “seeks,” “strives,” “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “should” or similar expressions. Actual results may differ materially from those contemplated by such forward-looking statements due to certain factors, including those set forth in the Risk Factors section of NYCR’s most recent Annual Report onGovernors Form Island 10-K filed on March 15, 2019 and any subsequent Quarterly Reports on Form 10-Q, which are available at the SEC’s website at www.sec.gov. Forward-looking statementsSupport Center speak only as of the date they are made, and NYCR undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.
Jersey City State College Prospect Park Statue Of Liberty Nat'l Monument KINGS
Newark