Building Overview Index

300 EAST WASHINGTON STREET SYRACUSE, NY 13202

Property Review ...... 1 Property View - Exterior ...... 2 Property View - Interior ...... 4 Property View - Aerial ...... 5 Site Map ...... 6 Loopnet Property Listing ...... 7 Site Graphs ...... 8 Floor Plans ...... 10

Convert to Residential (Alternative Option) ...... 13 CNN Money Reports ...... 16 More Internet Features on the Property ...... 17 Downtown Housing List ...... 18 Downtown Market-Rate Housing Map ...... 26 Contact Information ...... 27 Property Review

Size of Site: Approximately 1.61 acres Year Built: 1970, Expanded in 1973 Stories: 10 Floors (Building is designed for expansion of four (4) additional floors.) Parking: Up to 250 spaces-- 130+ spaces or 200 if attended– indoor Parking garage, 50 Spaces – surface parking Floor-to-Floor Height: 12’0” Exterior Construction: Curtain wall full of windows Construction Type: Reinforced concrete, columns, beams and slabs. Live load 100 - 150 psf. Sprinkler: Standpipe system Heat & Cooling: Central HVAC, in addition Perimeter DX cooling/ heating units. Cooling – 900 Tons Carrier centrifugal chillers Electrical: (4) 2,500 amp boards, 480/277 Volt supplied by Niagara Mohawk with 8 Watts per GSF. No pcb ballasts. Electric closets on each floor. Elevators: Seven (7) Passenger elevator services all floors One (1) Freight elevator services all floors. Loading Dock: Yes. Gross Building Area: 365,330 sq. ft. Gross per Floor: 1 36,000 2, 3 40,000 per floor (200 x 200) 4-10 27,390 per floor (165.5 x 165.5) Total 307,730 Basement 57,600 (garage) 365,330

Location: In heart of downtown Syracuse, right opposite City Hall and NY state office buildings, less than 3 miles from the New Destiny USA upcoming largest mall in USA. Tax Incentives: Within the NY state Economic Development Zone and future federal empowerment zone, thus providing various tax incentives and utilities rebates. Listed below are some of the tax incentives/ rebates available:

• Wage Tax Credit (WTC) - $3000 a year per employee • EDZ Investment Tax and Employment Incentives Credit (ITC- EIC) • New Business Refund - 50% cash refund of unused EZ-WTC and ITC • Zone Capital Credit - 25% tax credit • Utility Rate Reduction • Special Low- Interest Loans • Tax Reduction Tax Credit • Sales Tax Exemption

(This information is from sources deemed reliable. No representation is made as to its accuracy.)

1 Property View EXTERIOR

2 Property View EXTERIOR

3 Property View INTERIOR

4 Property View AERIAL

SYRACUSE, NY

300 E. Washington Street

5 Site Map

6 Downtown Syracuse Carnegie Management Isaac Jacobs · (718) 486-9700 · [email protected]

300 East Washington Street, Syracuse, NY 13202 http://listing.loopnet.com/17103075

Price: $4,500,000 · 350,000 SF

County: Onondaga Status: Active PropertyType: Office LoopNet ID: 17103075 Office Building Building Class: B Property Description indoor parking garage, former nynex facility with numerous amenties, heavy duty hvac & electrical systems, heavy floor loads, eight elevators, lots of windows, high ceilings, large open floor plates located within the ny state economic development zone and future federal empowerment zone, thus providing various tax incentives and utilities rebates. Location Description located in the heart of downtown syracuse central bussiness district, right opposite city hall and NY state office buildings, less than 3 miles from the new destiny usa upcoming largest mall in usa, 2 miles from syracuse university minutes from north/south inerstate 81 and east/west interstate 690, approximately 5 miles to syracuse hancock international airport, close proximity to court house, within walking distance to a variety of restaurants and shops,

Contact Isaac Jacobs Carnegie Management (718) 486-9700

7 Syracuse, NY Market Trends Page 1 of 5

• • H elp • Log Out Syracuse,Syracuse, NYNY MarketMarket TrendsTrends Select a Property Type PagePage 11 of of 55 Enter City & State, or Z Search Advanced Search Syracuse, NY Market TrendsBETA • • • Asking Price Index Trends forH elp Commercial Real Estate • H elp • NewLog York Out • Log Out Syracuse Select a Property Type Industrial PropertySelect aAs Propertyking Price Type Index Trends Enter City & State, or Z Enter City & State, or Z Search Search Advanced Search Site Graphs Advanced Search Syracuse,Syracuse, NYNY MarketMarket TrendsTrendsBETABETA AskingAsking PricePrice IndexIndex TrendsTrends forfor CommercialCommercial RealReal EstateEstate New York New York Syracuse Syracuse Industrial Property Asking Price Index Trends Industrial Property Asking Price Index Trends

vs. 3 mo. Feb 11 prior Y-O-Y - $8.28 +0.8% +0.5% State - $4.86 +1.2% -1.2% M etro - $5.01 +1.6% +0.5% County Was this information helpful? YES | NO vs. 3 mo. vs. 3 mo. Feb 11 prior Y-O-Y Feb 11 prior Y-O-Y - - $8.28 +0.8% +0.5% State $8.28 +0.8% +0.5% State - - $4.86 +1.2% -1.2% M etro $4.86 +1.2% -1.2% M etro Syracuse,- NY Market Trends Page 3 of 5 - $5.01 +1.6% +0.5% County $5.01 +1.6% +0.5% County Was this information helpful? YES | NO Was this information helpful? YES | NO

M etro - $13.39 +1.2% +1.4% County - $13.39 +1.3% +2.0% City

The average asking rental rate per sq ft/year for O ffice properties in Syracuse, N Y as of Feb 11 w as $13.39. This represents an increase of 1.3% com pared to the prior 3 m onths, w ith an increase of + 2.0% year-over-year. County-w ide, average rental rates in Syracuse are + 1.2% higher at $13.39 per sq ft/year for Office properties currently for lease.

Was this information helpful? YES | NO vs. 3 mo. Feb 11 prior Y-O-Y - $89 +0.5% +4.9%

http://www.loopnet.com/Syracuse_New-York_Market-Trends 4/5/2011 vs. 3 mo. vs. 3 mo. Feb 11 prior Y-O-Y Feb 11 prior Y-O-Y - $89 +0.5% +4.9% - $89 +0.5% +4.9%

htthttpp://www.loo://www.looppnet.com/Snet.com/Syyracuseracuse__New-YorkNew-York__Market-TrendsMarket-Trends 44//55//20112011

vs. 3 mo. Feb 11 prior Y-O-Y - 8 $141 +0.9% +2.2% State - $62 +2.8% +3.2% M etro - $62 +2.2% +2.5% County - $46 +4.0% -3.1% City

Current Syracuse m arket trends data indicates an increase of + 4.0% in the m edian asking price per sq ft for O ffice properties com pared to the prior 3 m onths, with a decrease of -3.1% com pared to last year's prices. County-w ide, asking prices for Office properties are 2.2% higher at $62 per sq ft com pared to the current m edian price of $46 per sq ft for Office properties in Syracuse, NY.

Was this information helpful? YES | NO Retail Property Asking Price Index Trends

http://www.loopnet.com/Syracuse_New-York_Market-Trends 4/5/2011 Syracuse, NY Market Trends Page 2 of 5

State - $36 +0.6% +4.2% M etro - $38 +0.0% +5.7% County Was this information helpful? YES | NO Multifamily Property Asking Price Index Trends

vs. 3 mo. Feb 11 prior Y-O-Y - $24,450 -1.5% -8.2% M etro - $23,927 -2.7% -11.5% County Syracuse,- NY Market Trends Page 3 of 5 $24,283 -1.3% -8.4% City

Current Syracuse m arket trends data indicates a decrease of -1.3% in the m edian asking price per unit for Multifam ily properties com pared to the prior 3 m onths, with a decrease of -8.4% com pared to last year's prices. County-w ide, asking prices for Multifam ily properties are -2.7% low er at $23,927 per unit com pared to the current m edian price of $24,283 per unit for M ultifam ily properties in M etro Syracuse, NY. - $13.39 +1.2% +1.4% County Was this information helpful? YES | NO - Office Property Asking Price Index Trends $13.39 +1.3% +2.0% City

Was this information helpful? YES | NO

Syracuse, NY Market Trends Page 2 of 5

State - $36 +0.6% +4.2% M etro - $38 +0.0% +5.7% County Was this information helpful? YES | NO Multifamily Property Asking Price Index Trends vs. 3 mo. Feb 11 prior Y-O-Y - $22.64 -1.3% -3.7% State - $13.32 +1.0% +0.8%

vs. 3 mo. Feb 11 prior Y-O-Y - $141 +0.9% +2.2% State htt-p://www.loopnet.com/Syracuse_New-York_Market-Trends 4/5/2011 $62 +2.8% +3.2% M etro - $62 +2.2% +2.5% County - $46 +4.0% -3.1% City

Was this information helpful? YES | NO Retail Property Asking Price Index Trends Syracuse, NYvs. Market 3 mo. Trends Page 4 of 5 Feb 11 prior Y-O-Y - $24,450 -1.5% -8.2% M etro - $23,927 -2.7% -11.5% County Feb 11 vs. 3 mo. Y-O-Y - $24,283prior -1.3% -8.4% City - $22.64 0.0% +0.0% StateCurrent Syracuse m arket trends data indicates a decrease of -1.3% in the m edian asking price per unit for Multifam ily properties - com pared$10.83 to the +0.0% prior 3 -3.7%m onths, with a decrease of -8.4% com pared to last year's prices. County-w ide, asking prices for Multifam ily Mproperti etro es are -2.7% low er at $23,927 per unit com pared to the current m edian price of $24,283 per unit for M ultifam ily properties in - Syracuse, NY. $10.94 +1.0% -4.0% County - Was this information helpful? YES | NO $10.96 +1.4% -4.0% City Office Property Asking Price Index Trends

The average asking rental rate per sq ft/year for Retail Com m ercial properties in Syracuse, N Y as of Feb 11 w as $10.96. This represents an increase of 1.4% com pared to the prior 3 m onths, w ith a decrease of -4.0% year-over-year. County-w ide, average rental rates in Syracuse are +1.0% higher at $10.94 per sq ft/year for Retail Com m ercial properties currently for lease.

Was this information helpful? YES | NO

http://www.loopnet.com/Syracuse_New-York_Market-Trends 4/5/2011

vs. 3 mo. Feb 11 prior Y-O-Y - $22.64 -1.3% -3.7% State - $13.32 +1.0% +0.8% vs. 3 mo. Feb 11 prior Y-O-Y - $146 +0.2% -3.5% 9 State - $67 -3.4% -6.4% httM etrop://www.loopnet.com/Syracuse_New-York_Market-Trends 4/5/2011 - $78 -1.5% -0.9% County - $60 -7.7% -13.5% City

Current Syracuse m arket trends data indicates a decrease of -7.7% in the m edian asking price per sq ft for Retail Com m ercial properties com pared to the prior 3 m onths, w ith a decrease of -13.5% com pared to last year's prices. County-wide, asking prices for Retail Com m ercial properties are -1.5% low er at $78 per sq ft com pared to the current m edian price of $60 per sq ft for Retail Com m ercial properties in Syracuse, NY.

Was this information helpful? YES | NO

Asking Price / Asking Rent: “Asking” refers to the dollar am ount listed on the LoopN et m arketplace. Charts are based on an index of data from the LoopN et m arketplace by a given property type in a given geography. Asking Rent Trends are obtained by weighting each rental rate by the space available and dividing it by the sum of the total space available.

County / Metro: County and Metro refer to the parent county and m etro of the city. “M etro” is a term LoopN et utilizes and refers to the U.S. Census Bureau definitions of m etropolitan and m icropolitan statistical areas, collectively referred to as CBSAs (learn m ore). For exam ple a chart representing the city of Syracuse m ay contain data representing the county of O nondaga and the Syracuse, N Y m etropolitan statistical area.

Y-O-Y: A com parison to the sam e period in the previous year.

vs. 3 mo prior: A com parison to the average of the 3 m onths before the current m onth.

The inform ation above is based on LoopN et research and analysis of data that have been obtained from sources believed to be reliable. LoopN et m akes no w arranty or representation, express or im plied about this inform ation.

• Contact Us

http://www.loopnet.com/Syracuse_New-York_Market-Trends 4/5/2011 Floor Plans

THIN-FILM PHOTOVOLTAIC PANELS (TYP.) THIN-FILM PHOTOVOLTAIC PANELS (TYP.) TINTED GLASS RENOVATIONS CURTAIN WALL w/ CLEAR ANODIZED TINTED GLASS FRAMES (TYP.) RENOVATIONS

CURTAIN WALL 300 WASHINGTON w/ CLEAR ANODIZED FRAMES (TYP.) 300 WASHINGTON

• • • • • • • •• • • • • • • • ••

• • • • • • • •• • • • • • • • •• WEST ELEVATION SOUTH ELEVATION

WEST ELEVATION SOUTH ELEVATION LLP LLP E.I.F.S. w/ PREMIXED ACRYLIC BASED "LYMSTONE" FINISH E.I.F.S. w/ PREMIXED BY DRYVIT (TYP.) ACRYLIC BASED "LYMSTONE" FINISH BY DRYVIT (TYP.) ALUM. & INSULATED GLASS WINDOWS (BRONZE FINISH) ALUM. & INSULATED • • • GLASS WINDOWS • • • • •• • • • • (BRONZE FINISH) SPANDREL • • • GLASS PANELS (TYP.) • • • • •• • • • • SPANDREL GLASS • • •• •• • ••• PANELS (TYP.)

• • •• •• • ••• RECYCLED GLASS SPANDREL ENGINEERED SURFACE EAST ELEVATION NORTH ELEVATION GLASS PANELS BY TREND-Q (TYP.) PANELS (TYP.) RECYCLED GLASS SPANDREL ENGINEERED SURFACE EAST ELEVATION NORTH ELEVATION GLASS PANELS BY TREND-Q (TYP.) PANELS (TYP.)

10 11 12 ALTERNATIVE OPTION

Convert to Residentional

13 14 15 10 fastest growing real estate markets - Syracuse, N.Y. (4) - Money Magazine Page 1 of 1

10 fastest growing real estate markets

Syracuse, N.Y. 12-month forecast:2.6% Median home price: $126,000 One year price change: 0.8% Five year price change: 29.5% Change in foreclosure rate: 27%

100 best places to live and launch - 59. Syracuse, N.Y. (59) - FORTUNE Small Business Page 1 of 1

100 best places to live and launch

Advertisement 59. Syracuse, N.Y. : 144,755 Commute times are minimal Seed capital scarce for early-stage companies Syracuse's strongest industries include pharmaceuticals and renewable energy, thanks in part to the State University of New York's Upstate Medical University and College for Environmental Science and Forestry. With SUNY right there and prestigious colleges and universities such as Cornell within an hour's drive, Syracuse entrepreneurs can tap into a pool of young talent.

Syracuse is a mature city, with an opera, a symphony and a Museum of Science and Technology as well as an annual international film festival. It gets a lot of snow, but for those who like to be outdoors, the nearby Oneida Lake offers scenery, fishing and water sports in the summer. -Malika Zouhali-Worrall http://money.cnn.com/galleries/2008/moneymag/0805/gallery.resg_gainers.moneymag/4.html 4/5/2011

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Downtown project may start this Spring by Jim Kenyon

Posted: 01.21.2011 at 4:40 PM

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Read more: Local, Economy, Downtown, Syracuse, Witherill, Pike Block, VIP Structures, Mankiewicz, Development

A major development project for downtown Syracuse that's been stalled for a full year is about to get off the drawing boards according to its developer and the head of the Downtown Committee.

The Pike Block Project is named after Henry Pike, the architect who designed the historic Witherill Building on the 300 block of Salina Street in the 19th century. One year ago, January 21st, VIP Structures and community leaders unveiled the $25-million dollar project to transform the Witherill Building and 3 adjacent decaying buildings into 78 one and two bedroom apartments with upscale shops and retail on the street level.

The Executive Director of the Downtown Committee, David Mankiewicz sees Pike Block and a number of other developments as key to the resurgence of downtown Syracuse. "Salina Street is critical to us because changing the nature of Salina Street is what's going to change the public's opinion about downtown." Mankiewicz said.

Construction was supposed to begin in the Spring of 2010, after State and local officials declared that Pike Block would qualify for the New York State Historic Rehabilitation Tax Credit. It would have provided a $2-million dollar incentive for investors to back the project. But then Governor David Paterson put the brakes to the tax credit because of the state's fiscal crisis.

According to Mankiewicz, a lot has changed over the past year. He says the tax credit problem has been cleared up and financing for Pike Block is being restored. "The intention of the developer is to start this spring and I know from all the meetings with them, they have lined up their financing." Mankiewicz told CNY Central's Jim Kenyon.

Charlie Wallace of VIP Structures confirmed, "things are looking up." Wallace said VIP will be getting a "financing commitment from the Community Preservation Corporation any day now." That corporation provides financing for historic renovations throughout New York State.

http://www.cnycentral.com/news/story_print.aspx?id=570694&type=story 4/5/2011 DOWNTOWN HOUSING LIST UPDATED: FEBRUARY 2011

CONTACT: Lisa Romeo, Economic Development Assistant [email protected]

There are currently over 900 market-rate apartments in downtown Syracuse. Housing in downtown Syracuse has a 99% occupancy rate. With units in a variety of vibrant neigborhoods, there’s something for everyone downtown!

ARMORY SQUARE AREA Armory Square offers numerous loft and condo-style apartments in beautifully renovated buildings. Residents of Ar- mory Square enjoy access to restaurants, nightlife, shopping, parks, services, transportation, museums, live performances, and art galleries right at their fingertips.

Center Armory 133 Walton Street Contact: Emhoff Associates @ 315-423-9200 • 38 townhouse units • Units include AC, dishwasher, laundry facilities • Utilities not included (except water) • Parking not included • All units are individually owned

Eddie Butler Building 402 South Franklin Street Contact: John Butler @ 315-249-5508 • 15 units including 2 one-bedroom units, 2 two-bedroom units and 11 units that have open plans with dividing walls (not to ceil- ing height) • Units range from 500 sf to 1,800 sf • One bathroom per unit • Utilities not included • Parking not included • Rents range from $600-$1,000/month

Hogan Block 247 West Fayette Street Contact: Armory Development Corporation @ 315-422-5381 • 1 studio apartment, 18 one-bedroom apartments, 3 two- bedroom apartments • One bathroom per unit, AC, dishwasher, laundry facilities • Utilities not included (except water) • Parking not included • Rents range from $650-$800/month

18 Jefferson Clinton Commons 500 South Clinton Street Contact: Joe Hucko or Matt Moore @ Washington Street Part- ners, 315-426-2624 • 18 upscale condominiums offering luxury amenities • “Green,” featuring environmentally responsible building meth- ods and products • All are two-bedroom, two-bath • Exterior balconies and decks • Covered parking for residents • Concierge services available • NYS Empire Zone Real Estate tax abatement

Labor Temple 309 South Franklin Street Contact: Armory Development Corporation @ 315-422-5381 • 2 one-bedroom units and 6 two-bedroom units (no sf information available) • One bathroom per unit, AC, dishwasher, laundry facilities • Utilities not included (except water) • Parking not included • Rents range from $650-$800/month

Loew’s Residential Suites 108 West Jefferson Street Contact: Storico Development @ 315-422-5381 • 24 units including one, two & three bedrooms, each with a different floor plan • Units range from 975 sf to 1,700 sf • Hardwood floors, dishwasher, AC, washer-dryer in every unit, 24-hour security • One parking space per unit is available for $75/month • All units have been converted into for-sale condominium units

202 Walton Street Contact: RHS Holdings @ 315-442-5947 • 7 luxury apartments • Units range from 1,000 sf to 1,500 sf • 5 two-bedroom and 2 one-bedroom units • Each unit, features high-end finishes such as granite countertops, stainless steel appliances, bamboo floors, as well as a washer & dryer in each unit • Parking located in nearby lot and is included in rent • Rents range from $1,450-$1,600/month

19 359 South Salina Street Contact: Greenwood Real Estate, LLC @ 315-432-8132 • Two-bedrooom, two and a half bathroom luxury apartment • Apartment is 2,200 sf • Unique building design located in the heart of downtown • Modern kitchen with island and state-of-the-art appliances • Built-in entertainment center in living room • Security system • Rent is $1,700/month

Kirk Hotel Building Apartments Contact: Balle 31, Inc. @ 315-345-2729 • Located in Historic Armory Square • 13 apartments offering one- and two-bedroom units • 2 bedroom units have two baths • Unit sizes range from 700 sf to 1,400 sf • Rents range from approximately $700 - $1,400/month

Syracuse Trust Building 325 South Salina Street Developer: PEMCO @ 315-476-1273 • Located just outside Historic Armory Square • 3 condominiums offering two bedrooms & two- and a half- bathrooms • Each unit has over 2,500 sf • Stainless steel appliances, granite countertops, hardwood floors & fireplaces

Hanover Square/Clinton Square In 2001, a number of the upper floors of Hanover Square's historic buildings were converted into loft-style apartments. Hanover Square residents enjoy living in a European style neighborhood and the ability to walk out their door for a cup of coffee or a bite to eat.

The Amos @ Clinton Square 214 West Water Street Contact: Granite Development @ 315-423-9140 • 19 luxury units ranging from 995 sf to 1,500 sf • One- and two-bedroom units • Fitness Center within building • Onsite parking • Washer and dryer in every unit • Located across from Clinton Square • Rents range from $925-$2,790/month

20 Firehouse #1 Condominiums 106 Montgomery Street Contact: Joe Hucko @ 315-426-2624 • 3 units featuring open floorplans with hardwoods throughout ranging from 1,400 sf to 2,000 sf • State-of-the-art kitchens • Body spray showers • Private elevator access to all apartments • Onsite parking • All units are individually owned

Hanover Square Lofts 131 East Water and 136 East Genesee Streets Contact: Monahan Development Corporation @ 315-426-1265 • Large one- & two-bedrooms available • Units range from 1,300 sf to 1,500 sf • Apartment laundry room • Utilities not included • Rents range from $950-$1,200/month

Lofts on Willow 230 West Willow Street Contact: Kevin Valente, The Sutton Cos. @ 315-424- 1111 or [email protected] • 49 units featuring loft-style living • Units range from 430 sf to 935 sf • Located near Dinosaur Bar-B-Que • Onsite parking • Rents range from $650-$1,000/month

123 East Water Street Apartments Contact: Christopher D. Trevisani @ 917-533-7648 or [email protected] • Two 1,200 sf units • Stainless steel appliances, granite countertops, individual washer/ dryer, refinished original hardwood floors • Utilities not included • Rents are $1,400/month

21 124 East Apartments 124 East Genesee Street Contact: Doug Shepard, CNY Alliance Realty @ 315-422-2086 or [email protected] • 8 townhouse-style apartments offering one, two and four bedrooms • Units range from 750 sf to 2,000 sf • Dishwasher, AC, laundry facilities, hardwoods, granite countertops • Heat included in rent on all second floor apartments • Rents range from $900-$2,200/month

218 West Genesee Street Apartments Contact: Bob Lawson, Mosaic Real Estate @ 315-491-6711 or [email protected] • 6 apartments offering one-, two-, & three-bedroom units • Laundry rooms within each unit • Rents range from $800-$1,750/month

Clinton Square Suites Contact: Cosmo Zavaglia, AJF Real Estate Development @ 315-476- 9643 or [email protected] • 34 units: 10 two-bedroom units; 24 one-bedroom units • Units range from 675 sf to 1,000 sf • Hardwood floors, AC, dishwashers, laundry facility on ground floor • Parking is located in the basement of the building for an additional $50/ month • Rents range from $750-$950

323 East Water Street Contact: Property Management Alliance @ 315-422-2086 • 3 two-bedroom units approximately 1,050 sf in size • Laundry facility in each unit • Exposed brick, hardwoods, stainless steel appliances, secure coded entrance, intercom system w/ magnetic lock, 42“ Plasma screen option w/ VGA connection for computer hard drive • Utilities included (satellite, internet, phone, heat, hot water, electricity, trash removal) • Off-street parking available • Rents are $1,575 per month

22 243 East Water Street Apartments Developer: R. F. Esposito Inc. @ 315-445-1920 • Located in Historic Hanover Square • 6 two-bedroom units • All units have over 1,000 sf • AC, hardwood floors, washer & dryer in each unit • Parking available in State Tower Garage, $90/month • Rents range from $1,300-$1,400/month

Columbus Circle Historically, this area was a quiet residential place surrounded by many churches. Today, the Columbus Circle area is a center of civic, cultural, and religious life in downtown Syracuse. In front of the Cathedral of the Immaculate Concep- tion stands the restored Columbus Monument bordered by the Onondaga County Court House, the Onondaga County Civic Center, and a number of churches.

Masonic Lofts 320 Montgomery Street Contact: Monahan Development Corporation @ 315-426-1265 • 32 live/work lofts ranging in size from 900 sf to 3,000 sf • 1 one-bedroom and 31 two-bedroom apartments • Variety of flooring types, including refinished hardwoods, carpet, and finished concrete flooring • Some apartments feature historic stages and balconies • Rents range from $875-$2,675/month

311 Montgomery Luxury Apartments Contact: Linda Henley @ 315-415-8287 • 3 units offering one and two-bedroom apartments • Hardwood flooring, stair and elevator access, HVAC • Parking located in nearby garage • Rents range from $1,450 - $1,950/month

23 317 Montgomery Street Apartments Contact: John Hendricks @ 315-263-8408 • 4 one-bedroom units approximately 750 to 1,200 sf • One unit is two stories • Hardwood flooring and exposed brick walls • Spacious kitchen plan • Washer and dryer • Rents range from $795-$1250/month

Presidential Plaza Presidential Plaza, on the eastside of downtown, consists of multi-story apartments and townhouses. Presidential Plaza's proximity to the hospitals on University Hill makes it a popular home for medical students and doc- tors.

Jefferson Tower 50 Presidential Plaza Contact: Jefferson Tower Management & Leasing @ 315-422-2644 • 256 units - efficiency, one, two, & three-bedroom apartments • Units range from 500 sf to 1,200 sf • AC, dishwasher, disposals, laundry facilities on roof, pool • Utilities included • $20 extra per month for a parking space • Rents range from $600-$1,100/month

Madison Towers 60 Presidential Plaza Contact: Madison Tower Management & Leasing @ 315-422- 1714 • 96 one-bedroom units, 96 two-bedroom units, 40 townhouses • Unit sizes range from 600 sf to 1,100 sf • Single bedroom units have 1 bathroom; larger units have 1.5 bathrooms (depending on floor plan) • AC, dishwasher, disposal, laundry facilities on first floor • Utilities included • $30 per month extra for a parking space • Rents range from $746-$1055/month

24 Projects Currently Under Construction

Hurbson Building Apartments 215 West Fayette Street Developer: CRS Companies @ 716-632-6946 or [email protected] • Located in Historic Armory Square • 14 apartments offering one- and two-bedroom units • Units will range in size from 700 sf to 1,700 sf • Fireplaces, stainless steel appliances and hardwood floors • Anticipated completion: May 2011

Deys Plaza 401 South Salina Street Developer: Armory Development Corporation @ 315-422-5381 • Located just outside Historic Armory Square • 45 apartments offering one- and two-bedroom units • Many units will have 1,100 to 2,000 sf • Anticipated completion: 17 units completed, remaining 28 units in March 2011

Pike Block 300 South Salina Street Developer: VIP Structures @ 315-471-5338 • Located just outside Historic Armory Square • 84 apartments offering one- and two-bedroom units • Some units will have over 1,000 sf • A courtyard and passage will link Armory Square to the Heart of Down- town • Numerous green amenities will be featured in the building • Anticipated completion: Fall 2011

Butler Building Apartments 319 South Clinton Street Developer: Balle 31 Inc @ 315-345-2729 • Located in Historic Armory Square • 12 apartments offering one-, two-bedroom & townhouse-style units • Anticipated completion: Spring 2011

25 26 300 EAST WASHINGTON STREET l SYRACUSE, NY 13202

CARNEGIE MANAGEMENT, INC. 545 Broadway, 4th floor Brooklyn, NY 11206 T: 718 - 4 8 6 - 9 7 0 0 F: 718-486-9681 E: [email protected] [email protected]