The Crossing at Jamaica Station JAMAICA | QUEENS JAMAICA | QUEENS JAMAICA | QUEENS C JAMAICA | QUEENS JAMAICA | QUEENS JAMAICA | QUEENS

DEVELOPER:

LEASING AGENT: C The Crossing At Jamaica Station ARTICLE Jamaica’s rich pickings drawing builders on hunt for cheap land

By Holly Dutton, Deals & Dealmakers Publication (Real Estate Weekly) April 29, 2015

In a city where location and access to transit is king, one neighborhood in Queens is looking to capitalize on its excess of trains, and its proximity to JFK Airport. Jamaica is served by the E,J, Z, and F trains, as well as the Long Island Railroad (LIRR) and the AirTrain, and is just five miles from JFK Airport. Mayor Bill de Blasio’s administration recently unveiled the Jamaica Now Action Plan, a 21-point plan to help revitalize the area. Many of the items on the plan are slated to be completed within three years, while some had already been announced, like the EDC’s plan to redevelop the 168th Street NYPD garage into a mixed-income complex that will include housing units, retail and a community center. Also in the plan is the development of one to four-family houses, condos, co-ops, and smaller affordable rental buildings at 11 sites in the South Jamaica area. Streetscape improvements along Jamaica Avenue, an entrepreneurship program to help train locals at starting new businesses, more NYPD cameras in high-traffic areas, an arts alliance and public art projects are all part of the plan as well. The city will also be giving new incentives to owners of aging and vacant properties near the Air Train/LIRR station, in an attempt to add additional housing and retail. A handful of business improvement districts with the neighborhood of Jamaica, put the area front-and-center at a breakfast last week, in an effort to draw interest to the far east neighborhood that is hoping to see big changes in coming years.Developers, retailers, and members of the community discussed the issues holding the area back — including a dearth of restaurant options in the area. Drew Greenwald, principal of Grid Prop- erties, believes one of downtown Jamaica’s main thoroughfares — Sutphin Boulevard — could be the next 125th Street in Harlem. Greenwald’s firm developed Harlem USA on 125th Street in Harlem, a 285,000 s/f, six- level retail and entertainment complex anchored by a movie theater. “We would love to find a large enough site to do a project here like in Harlem,” said Greenwald at the breakfast. “We want to keep making statements.” The area’s old zoning regulations had been in place since the early 1960’s, until 2007, when the City Council adopted a proposal by the Department of City Planning to establish a special district and rezone a large por- tion of downtown Jamaica. That 368-block rezoned area in downtown Jamaica translates to 5,200 new units of housing, 1.8 million s/f of commercial office space, 2.1 million s/f of retail space, and 1,000 to 2,000 hotel rooms, according to the Sutphin Boulevard BID. Development lagged in the immediate years following the rezoning, but is finally starting to pick up, with a slew of new projects in the works. The BRP Companies, a minority developer, is currently developing The Crossings at Jamaica Station, a $350 million mixed-use complex of two buildings with 580 apartment units total, and 104,000 ± s/f of retail, which will be spread across the first three floors in one building and the first floor in the other building. Amenities at the building will include a fitness center, lounges, terraces, and a rooftop garden. “We had a lot of success in areas like Bed-Stuy that were upzoned, and we’ve seen an influx of folks in that area,” said Steven Smith, managing director of BRP Properties. “We would love to replicate that here in Jamaica.” On Sutphin Boulevard and 94th Avenue, directly across from the AirTrain/LIRR station — which links directly to JFK Airport — Able Management, a minority developer specializing in hospitality, is building a 26-story, 260-room Hilton Garden Inn. Brian Sarath, a director of sales in the capital markets division of Cushman & Wakefield, closed a deal at 163-05/25 Archer Avenue for $22 million. The site consists of two contiguous lots with a combined 719,736 buildable square feet, and was the largest deal in downtown Jamaica in the last 15 years. Sarath cited the “much lower” land prices in Jamaica as compared to the rest of New York City as a big reason investors are going to Jamaica. “The transportation is unparalleled in many neighborhoods,” said Sarath. “The future looks extremely bright.”

© 2015 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. C The Crossing At Jamaica Station MARKET OVERVIEW

Mixed-use Residential & Retail development including 600-units of affordable & market rate residential units in 2 towers, with 100,000 SF of retail space on 3-levels

Located in a 368-block rezoned area in Downtown Jamaica which includes 5,200 new Housing Units, 1.8M square feet of Office Space, 2.1M square feet of Retail and 1,500 new hotel rooms

258,000 people ride the ubway & LIRR Tr & in daily daily

8 Minute Commute to/from

AirTrain JFK carried 6,487,118 paid passengers in 2014, with another

10 million using the service for free on-airport travel.

to Penn Station: 15 Minute Commute (9 out of 10 LIRR lines pass through Jamaica Station)

York College : 8,000 Students

Daily pedestrian count: 21,827

Valet Parking can accommodate 300 cars

Delivery :: Spring of 2018 by

MANHATTAN

TRIANGLE CENTER SHOPS AT NORTHERN BLVD NASSAU COUNTY QUEENS COUNTY

PLAZA 48 SKY VIEW CENTER

QUEENS PLACE OUTLET

QUEENS CENTER

THE SHOPS AT GRAND AVENUE

REGO CENTER Z 800,000 +/- SF Retail Development REGO CENTER I REGO CENTER II METRO MALL

AUSTIN STREET RETAIL SHOPS AT ATLAS PARK C

QUEENS COUNTY

KINGS COUNTY

AIR TRAIN

Downtown Jamaica Facts • 2 Universities with over 1,645 faculty members and 29,700 students resulting in $58 Million in annual spending. • 260,000 visitors per day • Major Employers include: U.S. Social Security Service Center, CUNY’s York College, U.S. Food & Drug Administration’s regional headquarters & laboratory, Queens Family, Civil & Supreme Courts, New York City Finance Department, Long Island Railroad headquarters, Queens Motor Vehicle Department Center * Information from JamaicaCenter.org

New Developments 168th street redevelopment retail mall 79,978 SF 2-Level Retail Existing Theaters/Hotels 64 rooms with meeting 160,000 SF mall with 550+ development with facilities parking garage residential apartment building DEVELOPER: blumenfeld with 435 rooms & 202 parking spaces MODA DEVELOPERs: NYC RFP residential development 12 story, 346 Unit apartment building & 21 apartments 50,000 SF retail building ACHS Management retail DeVELOPER: TCX DEVELOPMENT DEVELOPER: The Dermot company 180,000 SF mall with 550+ parking Park Haven Apartments garage 102 Units DEVELOPERs: alex adjmi & Yorkside towers bobby cayre 180 apartments 3,400 seats StUdY AreA ANd eXIStINg ASSetS VISIoN For JAMAICA the NORMAN TOWERS MARY IMMPartnershipsACULATE HOSPITAL among CONVER theSION City, Queens 324 Apartments new residential apartment DEVELOPER:Borough THE President,CHETRIT GRO UGreaterP Jamaica JAMAICAbuilding with 101 apartments Development Corporation, Regional Plan DEVELOPER: BLUESTONE ORG. Association, York College, community, NoW and private sector will build upon existing jamaica mulitplex cinema community assets to enhance Jamaica 15-screen, stadium seating as a diverse and vibrant destination ACtIoN UNITED CONSTRUCTION & DEVELOPMENT GROUP MIXED use & 200+ residential Units that includes: jamaica performingPl arts AN MARRIOTT COURTYARD/FAIRFIELD INN center ▪ Increased housing338 Roo optionsms for residents at diverse income levels 400 seat performance theater Now is the time to harness the interest of the NeIghborhoodS HOTEL DEVELOPMENT ▪ Improved transportation connections and attractive 108 Rooms with public spaces and streetscapes the community, City, and Queens Borough The Jamaica Action Plan study area encompasses 30,000 SF community facility President to set forth an ambitious agenda the neighborhoods in and around the heart of the ▪ Vibrant commercial districts that showcase Jamaica’s for a diverse, vibrant, and accessible downtown, including Jamaica Estates, Hollis, St. DEVELOPER: Kaushik Patel identity as a fashion, arts and cultural hub Howard johnson inn community7 Storie arounds, 61 R oneooms of our City’s great Albans, Addisleigh Park, South Jamaica, and others. ▪ Strong educational and community resources for youth central business districts and inter-modal downtown Jamaica is characterized by a and young professionals mixture of residential, commercial, retail, and HOTEL developtransportationment hubs – Jamaica, Queens. 15 Stories, 72 Rooms light industrial uses. Neighborhoods outside of THE CROSSING AT JAMAICA STATION ▪ A robust economy providing quality jobs for both the downtown are predominantly residential with The City has made significant investments in recent years residents and entrepreneurs DeVELOPER: TCX DEVELOPMENT 1- and 2-family homes and some lower-density $350M mixed income complex of to lay the groundwork for increased growth and economic multifamily buildings containing ground-floor retail opportunity in Jamaica, including the investment of $1.9 two buildings with 580 apartment HOTEL DEVELOPMENT establishments along prime commercial corridors. 18-Story, 110,463 SF Hotel billionwith in the construction of the AirTrain to JFK Airport in 8,000 STUDENTS, units total, and 104,000 ± sf of retail tIMelCINe ANd eNgAgeMeNt ProCeSS 2003 and the rezoning of 368 blocks of the downtown core fac ulty & Staff 283 Rooms in 2007. However, high While downtown Jamaica is the civic center of the neighborhood, the focus of the Action Plan includes the area DeveLOPER: Pride Hospitalityunemployment, Group inadequate bounded by Union Turnpike, 188th Street/Farmers Boulevard, Linden Boulevard and the Van Wyck Expressway. MAY 2014 infrastructure, and limited FULFILLING THE PROMISE supportive programs have MAP legeNd OF JAMAICA CONFERENCE contributed to a decline in 1 Queens Hospital Center 13 Jamaica Center for Arts and Learning Sutphin Blvd BID* June 24, 2014 DEVELOPMENT LIRR TO PENN STATION 2 St. John’s University 14 Queens Borough Public Library Jamaica Center BID* 250+ participants EXTENSIVE OUTREACH26 Story Apartment Buildingjob growth and real estate CONNECTION 3 Thomas Edison High School 15 Workforce 1 Center 165th St. BID* 6 Breakout sessions July – october 2014 with 380+ Units activity over the last decade, 4 Jamaica High School 16 Afrikan Poetry Theatre 180th St. BID* (8 MINUTES) (15 MINUTES) 12 Elected Official briefings precluding Jamaica from 5 Captain Tilly Park 17 AirTrain Terminal * Business Improvement HILTON GARDEN INNDozens of Stakeholder meetings realizing the potential of 6 Hillcrest High School 18 Food and Drug Administration 6 Issue-based Roundtables 7 Jamaica Hospital Medical Center 19 York College District 27 story TOwer with these investments. 8 NYS Supreme Court 20 Detective Keith L. Williams Park 240 Rooms 9 Queens Civil Court 21 South Jamaica Houses INTER-AGENCY The Jamaica Now Action 10 Rufus King Park & King Manor Museum 22 Brinkerhoff Mall DEVELOPER: aBLE mANAGECOORDINATIONMENT Plan seeks to address 11 Queens Family Court 23 St. Albans Memorial Park JAMAICA PLANNING october – January 2015 Jamaica is also a vibrant center for arts, 12 Jamaica Performing Arts Center 24 Black Spectrum Theater Company these challenges by using Jamaica’s strengths as a dynamic INITIATIVE CONFERENCE A series of meetings with City culture, and commerce. Once home to many November 22, 2014 and State entities to evaluate commercial, cultural, and arts hub to increase quality jobs legendary musicians, the community has a 350+ Participants current and future commitments and small business support, promote commercial growth growing reputation as a venue for theater, 4 Workshop sessions in Jamaica and economic development, and improve livability. The musical and dance performances, and fashion © 2015 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions,strategic assumptions actions or estimatesproposed used in are the for Planexample are only the and product do not represent of a the current or futuredesigners. performance The neighborhood boasts more than JAMAICA SNAPShot RELEASE OF ACTION PLAN of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE andnine-month the CBRE logo arecommunity service marks engagement of CBRE, Inc. and/or process its affiliated and incorporate or related companies in thea dozenUnited States cultural and institutions and hosts hundreds Feb February 2015 recommendations from more than 30 meetings and two • Home to 150,000+ residents other countries. All other marks displayed on this document are the property of their respective owners. 2015 Begin implementation process of festivals, concerts, and live performances every public conferences with Jamaica residents, businesses, year, and has four Business Improvement Districts • Provides employment to 60,000+ workers COMPLETE community leaders, and elected officials. • Served by: 0-3 years representing more than 800 businesses. Multiple SHORT TERM GOALS large anchor institutions such as the United States - 50+ city and regional bus lines Today, new housing, retail, and commercial projects are Food & Drug Administration’s Northeast Regional - 4 subway lines, with 115,000+ daily riders COMPLETE underway and estimated to produce approximately 3,000 3-5 years Laboratory, Queens Hospital Center, Jamaica - 10 Long Island Rail Road lines with 200,000+ daily commuters MEDIUM TERM GOALS housing units, 500,000 SF of retail space, and 800 hotel Hospital, Queens County Family and Civil Courts, - AirTrain to JFK International Airport, carrying 15,000+ daily riders rooms over the next five years. The time is right to leverage and York College of the City University of New COMPLETE this momentum and help Jamaica thrive as an attractive and 5+ years York are all located near downtown Jamaica. LONG TERM GOALS affordable destination to live, work, shop, and play. Auto Insurance 169-05A 168-50 Pet Shop 169-05 Gourmet Deli 169-03 168-46 Fulton Drugs-Surgical 169-01 169th Street 168-42 Children's Day Care 168-40 Step Up Furniture 168-38 Nail Salon 168-36 FOR LEASE 168-34 Jamaica Gourmet Deli 168th Place 168-30 Passage Hair/Cosmetics Supply 168-25 Telco 168-28 Jamaica Fabric FOR LEASE 168-26 1,400 SF (CBRE) Workforce 1 Queens Career Center 168-24 Jamaica Hair Auto Insurance 169-05A 168-50 168-22 Affinity Health Pet Shop 169-05 168-20 The Doc's Building Gourmet Deli 169-03 FOR LEASE 168-46 Kennedy Fried Chicken Fulton Drugs-Surgical 169-01 9,000 SF + BASEMENT 168-15 The Crossing At Jamaica Station 169th Street 168-42 $60.00CLOSE PSFChildren's Day Care UP AERIAL 168-40 FOR LEASE Step Up Furniture 168-38 4,100 SF Nail Salon 168-09 168-36 $60.00 PSF FOR LEASE 168-14 C 168-34 Jamaica Gourmet Deli 2,500 SF 168th Place 168-07 Abele Dental

168-30$80.00 Passage PSF Hair/Cosmetics Supply Lat: 40.70070 Long: -73.80495 Zoom: 1.76 mi 168-25 Telco 168-28 MC Perfumes Jamaica Fabric 168-05 AV Fabric Vision World OpticalFOR LEASE 168-03 J&J Hosiery 168-26 Smart Menswear1,400 SF (CBRE) 168-01 Workforce 1 Queens Career Center 168-24 168th Street Jamaica Hair 168th Street 168-22 Affinity Health FOR LEASE 166-37 retail corridors 4,800 SF 168-20 The Doc's Building 166-36 FOR LEASE $85.00 PSF (1ST FLOOR) Kennedy Fried Chicken 9,000 SF + BASEMENT 168-15 Flashy Girl 166-35 $36.00 PSF (2ND FLOOR) $60.00 PSF 166-34 Cricket All U Need Furmiture QUEENS COUNTY FOR LEASE FOR LEASE 2,200 SF 4,100 SF 168-09 166-33 166-32 1,000 SF AVAILABLE 2/15 CLERKS OFFICE $60.00 PSF $7,000 PER MONTH 168-14$1,100.00 PER MONTH 2,500 SF 168-07 FOR LEASE Abele Dental 166-25, 10,000 SF 166-25A, $80.00 PSF 166-30 MC Perfumes 168-05 $125.00 PSF (1ST FLOOR)AV Fabric 166-25, QUEENS COUNTY Vision World Optical 168-03 $40.00 PSF (2ND FLOORJ&J) Hosiery 166-23 Smart Menswear 168-01 6,000 SF 166-19 166-28 Bangala 168th Street 168th Street CIVIL COURT multplex cinemas $360,000 PER ANNUMFOR LEASE 166-37 ANK Curtains 4,800 SF 166-17 166-26 Jamaica Café 166-36 QUEENS COUNTY Cookies Dept$85.00 Store PSF (1ST FLOOR) 166-15 166-24 National Coming Soon opening 2016 Flashy Girl 166-35 $36.00 PSF (2ND FLOOR) CBRE FOR LEASE BAR ASSOCIATION 166-34 Hot Beat electronicsCricket 166-09 4,000SF GR 4,000SF 2nd All U Need Furmiture 166-16 $85.00 PSF (1ST FLOOR) FOR LEASE FOR LEASE 2,200 SF $40.00 PSF (2ND FLOOR) 166-33 166-32 4,800 SF 1,000 SF 166-07 AVAILABLE 2/15 50' FRONTAGE $88.00 PSF$7,000 PER MONTH $1,100.00 PER MONTH Hot Chic Boutique 166-05 166-14 Joey Pepporoni's Pizza FOR LEASE 166-25, 166-12 Terminal Corset 10,000 SF 166-25A, P+G Blue Angels/ Bridal/ Shoes 155-03-05 166-30 166-10 ABC Wigs NYC FAMILY $125.00 PSF (1ST FLOOR) 166-25, Merrick Boulevard $40.00 PSF (2ND FLOOR) 166-23 166-02 165-25 COURT outlet 6,000 SF 166-19 166-28 Bangala Electronics Store 165-21 Merrick Boulevard $360,000 PER ANNUM Hot Point Ladies 165-15 ANK Curtains 166-17 166-26 Jamaica Café 165-24 Bondi Jewelers 165-13 Cookies Dept Store 166-15 166-24 National Coming Soon Tebernacle Prayer 165-11 165-22 Pan Hill CBRE FOR LEASE MGM Linen Wholesale Retail 165-07 165-20 Gabriella Hot Beat electronics 166-09 4,000SF GR 4,000SF 2nd MultiCell Phone Store 165-05 165-18 Total Home Decorators SOCIAL SECURITY 166-16 $85.00 PSF (1ST FLOOR) FOR LEASE 165-16 RHX Super Value Pretty Women$40.00 PSF (2ND FLOOR)165-01B 4,800 SF 166-07 165-12 Lola/Young Blood Tattoo 50' FRONTAGE ADMINISTRATION $88.00 PSF 165-10 Beyond Cellular Wizard of Eyes Optical 165-01A Hot Chic Boutique 166-05 166-14 Joey Pepporoni's Pizza 165-08 Glory Fashion 166-12 165th Street Terminal Corset & Zan Jewelery P+G Blue Angels/ Bridal/ Shoes 155-03-05 165-04 166-10 ABC Wigs Bad Boy Tattoo Merrick Boulevard King David Jewelry 164-17A 165-02 FOR LEASE 166-02 165-25 165th Street Beauty Feel Supplyoutlet 164-17 Electronics Store 165-21 Merrick Boulevard 164-18 Hot Point Ladies 165-15 164-15 165-24 164-48 Boss Beauty Bondi Jewelers 165-13 164-13 Tebernacle Prayer 165-11 165-22 Pan Hill 8,000 STUDENTS, MGM Linen Wholesale Retail 165-07 165-20 Gabriella 164-11 164-12 NEW COMMERCIAL AND RESIDENTIAL DEVELOPMENT MultiCell Phone Store 165-05 165-18Don’t Panic Shoe Total Home Decorators164-09 fac ulty & Staff 165-16 RHX Super Value 164-10 COMING SOON Pretty Women 165-01B 164-01 4,500 SF 165-12 Lola/Young Blood Tattoo 164-08 165-10 Beyond Cellular 164-04 Wizard of Eyes Optical 165-01A 164th Street 165-08 Glory Fashion 164-02 Vic Intl Logos are for identification purposes only and may be trademarks of their respective companies. LIRR TO PENN STATION 165th Street & Zan Jewelery 165-04 Tick Tock Clothes 163-31 163-44 / Paradise Decorators CONNECTION Bad Boy Tattoo C 163-31 163-34 (8 MINUTES) (15 MINUTES) King David Jewelry 164-17A 165-02 FOR LEASE 165th Street 163-29 163-21 Len's Lab FOR LEASE Beauty Feel Supply 164-17 163-27, 164-186,600 SF WITH BASEMENT 163-30 Expo 2000 163-21 164-15 $130.00 PSF 164-48 Boss Beauty 164-13 163-28 1st Easy Shop Electronics/ Jewelery 163-19 163-26 Electronics 164-11 164-12 FOR SUB-LEASE 163-24 Super M7M Beauty Supply NEW COMMERCIAL AND RESIDENTIAL DEVELOPMENT Don’t Panic Shoe 164-09 164-10 FORMER ZALES COMING SOON 163-13 Porta Bella Menswear 164-01 $130.00 PSF 4,500 SF 163-18 Optical Warehouse/ Zenith Wireless 164-08 Sports Jam 164-04 163-15 164th Street 164-02 $150.00 PSF Vic Intl 163-12 Tick Tock Clothes 163-31 163-44 / Paradise Decorators 163-10 163-11 163-31 163-34 163-08 RENTED-Coming Soon NYC FINANCE DEPARTMENT 163rd Street Beauty Supply AIR TRAIN 163-29 163-21 Len's Lab 163-06 FOR LEASE Illusion OFFICE COMPLEX 163-27, 6,600 SF WITH BASEMENT 163-30 Expo 2000 163-04 Margherita Pizza 163-21 TO JFK $130.00 PSF 163-02 163-28 1st Easy Shop Electronics/ Jewelery Guy R. Brewer Blvd. 163-19 163-26 Electronics FOR SUB-LEASE 163-24 Super M7M Beauty Supply FORMER ZALES 163-13 Porta Bella Menswear $130.00 PSF 163-18 Optical Warehouse/ Zenith Wireless Sports Jam 163-15 $150.00 PSF 163-12 163-10 163-11 163-08 RENTED-Coming Soon 163rd Street Beauty Supply 163-06 Illusion 163-04 Margherita Pizza 163-02 Guy R. Brewer Blvd.

April 2015

This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty C The Crossing At Jamaica Station LOCAL SUBWAY & BUS MAP

34 43 31 E J 30 65 44 83 25

56 56 60 54 41 24 9 6 8 65 34 The shuttle service operates weekdays 7 25 am-11 pm and weekends 7 am-6 pm, cov- 44 ering two routes. From Jamaica: 20B Starting at 7 am, buses will pick up riders 20A every 20 minutes, and transport them to Queens Hall and the Student Union. 30 31 A ccess Information 30 31 • AirTrain connects 8,500 travelers between Jamaica & the airport daily 43 C • 9 out of 10 L.I.R.R. lines pass through Jamaica Station • A free shuttle bus connect passengers to the Resorts World Casino • 258,000 people ride the Subway & Train daily LIRR TO PENN STATION CONNECTION (15 MINUTES) • Less than 20 minutes to Manhattan and Babylon Long Beach Port Jeff Far Rockaway Oyster Bay Ronkonkoma Brooklyn by train (8 MINUTES) Hempstead Montauk West Hempstead • Takes only 8 minutes to get to JFK International Airport by AirTrain & 15 minutes by LIRR 6 65 BUS SERVICE Full-time Service 8 34 25 No Saturday and/or Sunday Service 41 SUBWAY 60 X Subway Stops 9 40

LIRR TO PENN STATION CONNECTION (15 MINUTES) Babylon Long Beach Port Jeff Far Rockaway Oyster Bay Ronkonkoma (8 MINUTES) Hempstead Montauk West Hempstead

ARCHER AVE SUTPHIN BLVD

EGRESS STAIRS & RETAIL AREA TABLE: REV.10.05.2015 GARAGE EXHAUST CELLAR @GROUND FLR Retail Bike Stor/Showers 332 GSF 427 GSF Retail Lobby (shared) 1,100 GSF

I Load. Dock EMR & Stair 914 GSF

X SUB-TOTAL 2,346 GSF

I GROUND FLOOR F IFIX

I IFIX

X Retail Lobby (shared) 1,796 GSF Retail Egress 1 201 GSF UP UP IFIX IFIX Retail Egress 2 930 GSF Loading Dock 3,908 GSF Service/Staging 1,116 GSF PARKING 1 Retail 1 933 GSF (HIGH-RISE) PARKING 2 (MID-RISE) 11,738 GSF Retail 2 1,056 GSF Retail 3 1,659 GSF Retail 4 8,400 GSF Retail 5 6,058 GSF Retail 6 4,273 GSF SUB-TOTAL 30,330 GSF

2ND FLOOR Retail Lobby (shared) 2,758 GSF Retail 7 32,950 GSF SUB-TOTAL 35,708 GSF GARAGE EXHAUST GARAGE EXHAUST @GROUND FLR @GROUND FLR 3RD FLOOR HIGH-RISE MID-RISE Retail Lobby (shared) 2,766 GSF Retail 8 33,101 GSF CELLAR PLAN - MID-RISE SUB-TOTAL 35,867 GSF 2 1/32" = 1'-0" TOTAL 104,251 GSF

PARKING Parking 1 (High-Rise) 20,204 GSF Parking 1 (Ground Flr Ramp) 2,404 GSF Parking 2 (Mid-Rise) 12,165 GSF SUB-TOTAL 34,773 GSF

RETAIL BIKE

STORAGE & I

PARKING 1 (HIGH-RISE) F

I SHOWERS 20,204 GSF X 332 GSF UP

PARKING 2 (MID-RISE) RETAIL LOBBY 1100 GSF

**VALET CAPACITY - UP TO 300 CARS

CELLAR PLAN - HIGH-RISE LOADING DOCK 1 EMR & STAIRS 1/32" = 1'-0" 914 GSF HIGH-RISE MID-RISE 1/32" = 1'-0" CELLAR LEVEL RETAIL PLAN 09.21.2015, REV.11.05.2015 © 2015 PRCBRE,OJ Inc.. NAME:This information hasTH beenE obtainedCROSSI fromNG sources AT believed JAM AIreliable.CA STATWe have IONnot verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property.PROJ You. NUMand yourBE advisorsR: should14015.L00/L01 conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries.CAD AllFILE: other marks displayed on this document are the property of their respective owners. SK-010A © 2011 FXFOWLE ARCHITECTS, LLP | ALL RIGHTS RESERVED FXFOWLE ARCHITECTS, LLP | 22 WEST 19TH STREET | NEW YORK, NY 10011 | T 212.627.1700 | F 646.616.7098 The Crossing At Jamaica Station FIRST FLOOR PLAN C RETAIL AREA TABLE: REV.11.11.2015 CELLAR Retail Bike Stor/Showers 332 GSF Retail Lobby (shared) 1,100 GSF Load. Dock EMR & Stair 914 GSF SUB-TOTAL 2,346 GSF

GROUND FLOOR Retail Lobby (shared) 1,918 GSF Retail Egress 1 201 GSF Retail Egress 2 930 GSF

. Loading Dock 3,908 GSF Service/Staging 1,116 GSF H Retail 1 933 GSF Retail 2 1,056 GSF Retail 3 1,659 GSF Retail 4 8,278 GSF Retail 5 6,058 GSF

147T Retail 6 4,273 GSF SUB-TOTAL 30,330 GSF

2ND FLOOR Retail Lobby (shared) 2,758 GSF Retail 7 32,950 GSF SUB-TOTAL 35,708 GSF

3RD FLOOR ARCHER AVE. Retail Lobby (shared) 2,766 GSF RETAIL EGRESS 1 Retail 8 33,101 GSF FROM 2ND & 3RD FLR SUB-TOTAL 35,867 GSF 201 GSF TOTAL 104,251 GSF 26' - 0" 28' - 11" 89' - 7" 59' - 0" PARKING Parking 1 (High-Rise) 20,204 GSF 18' - 8" 61' - 3" Parking 1 (Ground Flr Ramp) 2,404 GSF Parking 2 (Mid-Rise) 12,165 GSF SUB-TOTAL 34,773 GSF RA RETAIL 2 MP DN

) 36' 6" - 1,056 GSF RETAIL 4 E S 11' 6" - RETAIL 1 I E 8,278 GSF R 35' - FIX 933 GSF - 8" H " F

5 G I S

- RETAIL 6 G ' (H 67' 8" - RETAIL 5 0 4 1

81' 8" - LOCATION OF 6 4,273 GSF RETAIL 3 +/-1'-9" STEP 6,058 GSF G ,40 AT FLOOR SLAB. N 2

95' 3" - I

1,659 GSF K 29' 3" -

35' 3" - UP 54' - 11" A

11' 2"- 15' 9"- 25' 6" - "

8 11' 7" -

' SUTPHIN BLVD. 8 RETAIL EGRESS 2 7 FROM 2ND & 3RD FLR AREA 930 GSF B 9' - 11" ELOW 23' 9" -

23' 9" - LOADING DOCK " 7 3,908 GSF -

SERVICE/STAGING 8 13' - 6" 23' - 8" 1,116 GSF 2 82' - 11" 5' - 7" 32' - 6" RETAIL LOBBY 71' - 1 " 1,918 GSF NOTE: RAILROAD THE POTENTIAL RETAIL TENANT DIVISIONS SHOWN HERE ARE DERIVED FROM A SKETCH OVERPASS HIGH-RISE MID-RISE (ATTACHED) BY CBRE, INC DONE DURING A 1/32" = 1'-0" PROJECT MEETING HELD ON JULY 13, 2015. GROUND FLOOR RETAIL PLAN REV. NOVEMBER 11,2015 PROJ. NAME: THE CROSSING AT JAMAICA STATION LIRR TOPROJ. PENN NUMBER: STATION14015.L00/L01 CONNECTION freight CAD FILE:(15 MINUTES) SK-010B Babylon © 2015Long FXFOWLE Beach ARCHITECTS, LLP | ALLPort RIGHTS Jeff RESERVED FXFOWLE ARCHITECTS, LLP | 22 WEST 19TH STREET | NEW YORK,elevators NY 10011 | T 212.627.1700 | F 646.616.7098 Far Rockaway Oyster Bay Ronkonkoma (8 MINUTES) Hempstead Montauk West Hempstead

CELLAR Retail Bike Stor/Showers 332 GSF Retail Lobby (shared) 1,100 GSF Load. Dock EMR & Stair 914 GSF SUB-TOTAL 2,346 GSF

GROUND FLOOR Retail Lobby (shared) 1,796 GSF Retail Egress 1 201 GSF Retail Egress 2 930 GSF Loading Dock 3,908 GSF Service/Staging 1,116 GSF Retail 1 933 GSF Retail 2 1,056 GSF The Crossing At Jamaica Station Retail 3 SECOND1,659 FLOOR GSF PLAN C Retail 4 8,400 GSF Retail 5 6,058 GSF Retail 6 4,273 GSF SUB-TOTAL 30,330 GSF

2ND FLOOR Retail Lobby (shared) 2,758 GSF Retail 7 32,950 GSF SUB-TOTAL 35,708 GSF

3RD FLOOR Retail Lobby (shared) 2,766 GSF Retail 8 33,101 GSF SUB-TOTAL 35,867 GSF ARCHER AVE. TOTAL 104,251 GSF

PARKING Parking 1 (High-Rise) 20,204 GSF Parking 1 (Ground Flr Ramp) 2,404 GSF Parking 2 (Mid-Rise) 12,165 GSF SUB-TOTAL 34,773 GSF

RESIDENTIAL ELEV & EGRESS STAIR

RETAIL 7 PLANNED RESIDENTIAL 32,950 GSF SUTHPHIN BLVD. DN EGRESS STAIR SUPERMARKET

RETAIL LOBBY 2,758 GSF

DNUP UP

non-exclusive freight elevators 1/32" = 1'-0" 2ND FLOOR RETAIL PLAN 09.21.2015, REV.11.05.2015 PROJ. NAME: THE CROSSING AT JAMAICA STATION PROJ. NUMBER: 14015.L00/L01 CAD FILE: SK-010C © 2011 FXFOWLE ARCHITECTS, LLP | ALL RIGHTS RESERVED FXFOWLE ARCHITECTS, LLP | 22 WEST 19TH STREET | NEW YORK, NY 10011 | T 212.627.1700 | F 646.616.7098

CELLAR Retail Bike Stor/Showers 332 GSF Retail Lobby (shared) 1,100 GSF Load. Dock EMR & Stair 914 GSF SUB-TOTAL 2,346 GSF

GROUND FLOOR Retail Lobby (shared) 1,796 GSF Retail Egress 1 201 GSF Retail Egress 2 930 GSF Loading Dock 3,908 GSF Service/Staging 1,116 GSF Retail 1 933 GSF Retail 2 1,056 GSF Retail 3 1,659 GSF The Crossing At Jamaica Station Retail 4 THIRD FLOOR8,400 GSF PLAN Retail 5 6,058 GSF C Retail 6 4,273 GSF SUB-TOTAL 30,330 GSF

2ND FLOOR Retail Lobby (shared) 2,758 GSF Retail 7 32,950 GSF SUB-TOTAL 35,708 GSF

3RD FLOOR Retail Lobby (shared) 2,766 GSF Retail 8 33,101 GSF SUB-TOTAL 35,867 GSF

ARCHER AVE. TOTAL 104,251 GSF

PARKING RESIDENTIAL ELEV & EGRESS STAIR Parking 1 (High-Rise) 20,204 GSF Parking 1 (Ground Flr Ramp) 2,404 GSF Parking 2 (Mid-Rise) 12,165 GSF SUB-TOTAL 34,773 GSF

RESIDENTIAL EGRESS STAIR S RETAIL 87 S D 33,101 GSF SUTHPHIN BLVD. HRARVI

T RAH R VI

D S

RETAIL LOBBY 2,766 GSF WP DN GFI 42" WP DNUP

non-exclusive freight elevators 1/32" = 1'-0" 3RD FLOOR RETAIL PLAN 09.21.2015, REV.11.05.2015 PROJ. NAME: THE CROSSING AT JAMAICA STATION PROJ. NUMBER: 14015.L00/L01 CAD FILE: SK-010D © 2011 FXFOWLE ARCHITECTS, LLP | ALL RIGHTS RESERVED FXFOWLE ARCHITECTS, LLP | 22 WEST 19TH STREET | NEW YORK, NY 10011 | T 212.627.1700 | F 646.616.7098

LIRR TO PENN STATION CONNECTION (15 MINUTES) Babylon Long Beach Port Jeff Far Rockaway Oyster Bay Ronkonkoma (8 MINUTES) Hempstead Montauk West Hempstead

ARCHER AVE SUTPHIN BLVD

LIRR TO PENN STATION CONNECTION (15 MINUTES) Babylon Long Beach Port Jeff Far Rockaway Oyster Bay Ronkonkoma (8 MINUTES) Hempstead Montauk West Hempstead

VIEW OF NORTH ELEVATION @ HIGH-RISE BUILDING ARCHER AVE June 26 2015

THE CROSSING AT JAMAICA STATION 1 BRP DEVELOPMENT CORP

© 2015 CBRE, Inc. This information14015.L00 has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance ©2015 FXFOWLE ARCHITECTS, LLP | ALL RIGHTS RESERVED of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. C The Crossing At Jamaica Station RENDERING

ARCHER AVE

LIRR TO PENN STATION CONNECTION (15 MINUTES) Babylon Long Beach Port Jeff Far Rockaway Oyster Bay Ronkonkoma (8 MINUTES) Hempstead Montauk West Hempstead

SUTPHIN BLVD

VIEW OF WEST ELEVATION @ HIGH-RISE BUILDING RETAIL June 26 2015

THE CROSSING AT JAMAICA STATION 3 © 2015 CBRE, Inc. This information has been obtained fromBRP sources DEVELOPMENT believed reliable. CORP We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your14015.L00 advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and ©2015 FXFOWLE ARCHITECTS, LLP | ALL RIGHTS RESERVED other countries. All other marks displayed on this document are the property of their respective owners. SUMMARY PROFILE 2000-2010 Census, 2015 Estimates with 2020 Projections Calculated using Weighted Block Centroid from Block Groups The Crossing At Jamaica Station DEMOGRAPHICS C Lat/Lon: 40.7006/-73.8077 RS1 The Crossing at Jamaica Station 5 min drivetime Jamaica, NY

2015 Estimated Population 676,928 2020 Projected Population 715,268 N

O 2010 Census Population 648,164 I T

A 2000 Census Population 642,965 L U

P Projected Annual Growth 2015 to 2020 1.1% O

P Historical Annual Growth 2000 to 2015 0.4%

2015 Median Age 37.1

2015 Estimated Households 231,078

S 2020 Projected Households 240,056 D L

O 2010 Census Households 222,599 H

E 2000 Census Households 223,698 S U

O Projected Annual Growth 2015 to 2020 0.8% H Historical Annual Growth 2000 to 2015 0.2%

2015 Estimated White 31.3% 2015 Estimated Black or African American 29.1% Y D T N I 2015 Estimated Asian or Pacific Islander 24.8% C A I E N 2015 Estimated American Indian or Native Alaskan 0.6% C H A T

E 2015 Estimated Other Races 14.2% R

2015 Estimated Hispanic 21.6%

E 2015 Estimated Average Household Income $75,595 M

O 2015 Estimated Median Household Income $60,563 C N

I 2015 Estimated Per Capita Income $25,907

2015 Estimated Elementary (Grade Level 0 to 8) 14.5% 2015 Estimated Some High School (Grade Level 9 to 11) 13.0% N ) + O

2015 Estimated High School Graduate 20.7% or warranty. representation herein is provided without information The be reliable. sources deemed to and government private from was produced using data report This I 5 T 2 A 2015 Estimated Some College 11.4% E C G U 2015 Estimated Associates Degree Only 6.2% A D ( E 2015 Estimated Bachelors Degree Only 15.4% 2015 Estimated Graduate Degree 18.9%

2015 Estimated Total Businesses 17,902 S S

E 2015 Estimated Total Employees 154,526 N I

S 2015 Estimated Employee Population per Business 8.6 U

B 2015 Estimated Residential Population per Business 37.8

© 2015 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are©2015, for example Sites USA, only Chandler,and do not Arizona,represent 480-491-1112 the current or future performance page 1 of 1 Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. The Crossing At C Jamaica Station

DEVELOPER:

BRP Companies is a New York based real estate firm that is at the forefront of affordable, mixed-income, and market-rate housing and commercial developments. From the firm’s modest beginning in 1998 as a local development company, the firm has successfully evolved into a vertically integrated organization offering a full complement of development, construction, property management, and financial services.

Today, with an experienced staff of 50, a track record of over 600,000 SF of completed real estate projects and over 3 million SF currently in development,B RP is uniquely positioned to meet the demands of urban housing consumers. The firm is an innovator in developing mixed-use, mixed-income, “walkable” urban housing with high- quality, energy-efficient infill properties throughout the city of New York and beyond. Many of the company’s projects include strategic partnerships with leading financial institutions such as Goldman Sachs, government agencies such as New York City Department of Housing Preservation and Development (HPD) and New York City Housing Development Corporation (HDC), not-for-profit companies, and faith-based organizations.

In addition to BRP’s development, construction, and property management services, BRP offers an array of financial products and services through its affiliateB RP CDE, LLC, a Community Development Entity serving the NY, NJ, & PA metropolitan areas. The company seeks to stimulate economic development by working with strategic partners to finance high impact mixed-use affordable housing, retail, and community facility space in its service area.B RP CDE offers below market rate senior and sub- ordinated loans with flexible terms, real estate advisory services, and innovative solutions in low-income communities.

On March 15, 2012, BRP CDE, LLC, announced that it was awarded a $30 million allocation under the federal New Markets Tax Credits 2011 program round administered by the U.S. Department of the Treasury’s CDFI Fund. BRP CDE was one of 70 organizations nationwide receiving awards selected from a pool of 314 applicants through a highly competitive process. This is the second award of this kind for BRP, which received its first award of $21 million in the 2010 program round.

LEASING AGENT:

adam bass jillian ramirez john hanlon associate client services SPECIALIST senior vice president +1 631 370 6028 +1 631 370 6031 +1 631 370 6030 adamb . [email protected] [email protected] [email protected]