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GREENWICH STREET FINANCIAL DISTRICT: THE NEW HUB OF GREENWICH RETAIL, RESIDENTIAL, STREET AND LEISURE Located in the heart of New York’s dynamic new Downtown, 88 Greenwich oers users the opportunity to occupy space in one of the most sought-after markets in Manhattan. With over 50 feet of frontage on Greenwich Street, 82 feet of frontage on Rector Street, and 100’ of frontage on Washington Street, this prime retail location provides retailers with excellent visibility inclusive of approximately 50,000 SF of retail and/or oce space between the ground, second and lower levels. Located at the base of the newly designed Greenwich Club Residences, 88 Greenwich also oers almost 265,000 SF of residential condominiums across 37 floors. 10 MIN WALK 6 51 13 22 14 A 1 2 Beekman 24 Gucci Headquarters 1 BROOKLYN BRIDGE 46 C 17 2 120 Greenwich Street 25 Nobu 1 9 11 3 The Beekman Hotel & Residencies 26 The Freedom Tower 2 26 3 287 key hotel; 68 condominiums 27 Conde Nast Headquarters 4 3 7 4 1 Beekman 28 Eataly 8 Resi-development 29 4 WTC 5 5 The Lara 30 Gap Residential Development - 168 units 31 New PACE dormitory BROADWAY CHURCHST 5 Blink Fitness 32 Saks O Fifth at Brookfield Place GOLD ST 10 6 New YorkBROOKLYN by Gehry 33 L&M Development 18 24 25 PEARL ST A 900 units 34 75 Nassau 32 27 12 C 33 BRIDGE 47 29 7 Spruce Street School AKA PS397 Residential Development - 197 units 370 students 35 130 William Place 16 31 FDR DRIVE 19 E 4 8 NY Presbyterian Lower Manhattan Residential Development - 50 stories 180 bed hospital 36 118 Fulton 5 A 9 PACE University Residential Development 20 C 13,000 students 37 2 Rector GREENWICH ST GREENWICH WEST ST WEST 30 10 Zara 38 42 Trinity Place 28 48 30k SF Flagship 39 68-72 Trinity Place 1 11 Entrance to the Brooklyn Bridge 40 50 West J 21 LIBERTY ST 4k Pedestrians/day; 3,100 cyclists/day 41 111 Washington Z 12 Fulton Transit Center 42 100 Greenwich Street 2 45 300k people daily 43 102 Greenwich Street 44 13 Woolworth Building 44 125 Greenwich Street 50 Residential redevelopment with a 45 133 Greenwich Street 2 penthouse at $110M 46 Whole Foods 3 14 Four Seasons 47 Hermes 41 150 unit condominium; 189 key hotel 48 Sephora R 15 Aloft Hotel 49 Cipriani 43 16 Urban Outfitters 50 W Hotel 39 49 17 Denny's 51 The Smyth, a Thompson Hotel 42 18 The Oculus and Westfield WTC 37 19 Brookfield Place 40 38 20 88 Greenwich Street 21 St. Nicholas National Shrine 23 22 City Hall & City Hall Park 23 Hugo Boss Headquarters $5.8B Lower Manhattan’s spending is $5.8 billion per year $205K RETAIL The average household income in the Financial District is $205,000 REVOLUTION 312K 312,000 employees travel to the Financial District every day GROUND FLOOR SECOND FLOOR rector STREET rector STREET UP A1 EXIT UP DN UP 1,935 SF UP UP UP DN 650 SF SECURITY COMMAND DN DN DN CENTER DN ELEV. UP WATER CURTAIN DN UP HVAC GREENWICH STREET GREENWICH GREENWICH STREET GREENWICH WASHINGTON STREET WASHINGTON WASHINGTON STREET WASHINGTON 23,000 SF 2,200 SF 1,350 SFUP FOR RETAIL LEASING INFO: AUSTIN KNIEF 212.353.5692 [email protected].

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Monthly Market Report
FEBRUARY 2016 MONTHLY MARKET REPORT SALES SUMMARY .......................... 2 HISTORIAL PERFORMANCE ......... 4 NOTABLE NEW LISTINGS ............. 7 SNAPSHOT ...................................... 8 CityRealty is the website for NYC real estate, providing high-quality listings and tailored agent matching for prospective apartment buyers, as well as in-depth analysis of the New York real estate market. MONTHLY MARKET REPORT FEBRUARY 2016 Summary MOST EXPENSIVE SALES The average sale price for Manhattan apartments dipped in the four weeks leading up to January 1, while the number of sales rose. The average price for an apartment—taking into account both condo and co-op sales—was $2.1 million, down from $2.2 million in the preceding month. The number of recorded sales, 1,020, rose a great deal from the 862 recorded in the preceding month. AVERAGE SALES PRICE CONDOS AND CO-OPS $30.5M 834 Fifth Avenue, #10B $2.1 Million 2 beds, 4 baths The average price of a condo was $2.7 million and the average price of a co-op was $1.4 million. There were 542 condo sales and 478 co-op sales. RESIDENTIAL SALES 1,020 $2.1B UNITS GROSS SALES One of the most expensive sales this month was in a grand, prewar co-op on the Upper East Side, while the other two were in the large new downtown condo development The Greenwich Lane. $26.0M The most expensive sale of the month was unit 10B in 834 Fifth Avenue, a two-bedroom, The Greenwich Lane, #PH8 four-bathroom apartment that closed for $30.5 million. The Rosario Candela-designed building 140 West 12th Street is considered one of the most desirable prewar co-ops in Manhattan.
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At Condominium
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