LIMITED SERVICE HOTEL OR CONVERSION TO APARTMENTS Hotel

442 WEST 36TH ST, NEW YORK, NY

NYC WESTSIDE HOTELS FOR SALE:

KW COMMERCIAL PRESENTED BY: 7777 Alvarado Rd., Suite 702 CHRISTOPHER PARRINO, ESQ. TONI-DIANE DONNET La Mesa, CA 91942 Senior Associate Broker 0: 619.308.6860 O: 619.469.0700 [email protected] C: 619.549.8072 CA DRE #01938322 [email protected] CA DRE #01848593 Broker - CA DRE #120623 Attorney 442 WEST 36TH ST, NEW YORK, NY | Hudson River Hotel

OFFERING SUMMARY PROPERTY OVERVIEW KW Commercial is proud to present Hudson River, an independent limited-service non-union hotel in the heart of New York 's . Currently, Hudson River PRICE: Negotiable has fifty-six (56) 250 square foot rooms on 15 floors.

The best and highest use is repositioning the Hotel as a boutique, or converting to multi-family; the zoning (R-8A/HY/C2-5) allows the conversion to apartments, condos, coops, or SROs. With a redesigned floor plan, an apartment conversion KEYS: 56 could have a mix of studio, 1-bedroom, and 2-bedroom units.

LOCATION OVERVIEW Standing on 36th Street, the Property is at the gateway to the vibrant and electric FLOORS: 15 West Side which includes billion-dollar commercial developments on 11th Avenue and the rich cultural mosaic of theater, fine dining, shopping, and nightlife.

A mere 5-minute walk to the West and the Hudson Yards Development. These two major projects contain millions of square feet of office, retail, and BUILDING: 20,344 SF residential. This prime location also offers guests close proximity to the Jacob Javits' Convention Center, the Theater District, Central Park, Fifth Avenue shopping, and major NYC transportation.

ZONING: R-8A/HY/C2-5

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THE SCOPE

Manhattan West is an eight-acre, six-building mixed-use development located in Manhattan’s new Hudson Yards district. Stretching from 9th Avenue to 10th Avenue and 31st Street to 33rd Street. More than five million square feet of custom designed state-of-the-art class-A office space, luxury apartments, a boutique hotel, curated retail amenities, chef-inspired culinary options, and two acres of open space. Manhattan West provides unparalleled transportation access. The site sits directly between the soon-to-be- redeveloped Penn Station and the new 7-train station at Hudson Yards. It is one block from the A, C, E, 1, 2, 3 and 7 subway lines, New Jersey Transit, the Long Island Railroad and Amtrak.

THE MASTER PLAN

Office Towers • One Manhattan West (New Office Tower) – The 67 story, 2-million-square-foot office building currently under construction will be anchored by tenant Skadden Arps, Slate, Meagher & Flom LLP, McKool Smith and the new headquarters for the NHL. The project is scheduled for completion in the fourth quarter of 2019. • Two Manhattan West (New Office Tower) – A second two-million-square-foot office tower will be constructed when an anchor tenant is secured. rd • Five Manhattan West (Existing Office Building) – Formerly known as 450 West 33 Street, this 1.7- million-square-foot 16 story building is currently undergoing a $353 million redevelopment program – designed by celebrated architect Joshua Prince-Ramus of REX – that will fully modernize and integrate the building into the Manhattan West campus. • The Lofts (Existing Office Building) – At 202,000-square-feet, The Lofts at Manhattan West will feature 13 stories, 15,000-square-foot floor plates and a 3,000-square-foot rooftop terrace. Mixed-Use Building/Plaza • The Eugene – The 844-unit, 62 story luxury residential tower recently opened in March 2017 consists of 20% studio, one to three-bedroom units priced at affordable rates. • Boutique Hotel/Condo – Initial plans envision a hotel or further residential units. • Plaza and Retail – The Manhattan West campus will be transected by a two-acre public park – designed by architects James Corner Field Operations – featuring year-round arts and events programming by Arts Brookfield which produces over 400 events globally. Over 200,000 square-feet of carefully curated food, retail and pop-up experiences will activate the site.

1 THE NEIGHBORHOOD

Hudson Yards will include more than 18 million square feet of commercial and residential space, along with more than 100 shops, a collection of restaurants, approximately 4,000 residences, affordable housing, , 14 acres of public open space, a 750-seat public school, the inaugural Equinox Hotel® with 212 rooms, and a first-of-its-kind microgrid and co-gen plant. Hudson Yards is planned as the first LEED platinum neighborhood and has already achieved WiredScore certification.

EASTERN YARD WESTERN YARD 1,800,000 Office 2,000,000 2,600,000 Residential 4,000,000 2,900,000 Retail 100,000 1,300,000 School 120,000 The Shops & Restaurants* 1,000,000 6,220,000 GSF Retail Pavilion 50,000 Equinox Hotel® 220,000 Residential 1,870,000 The Shed 200,000

11,940,000 GSF

*720,000 Leasable SF OFFICE RETAIL RESIDENTIAL HOTEL

OPEN SPACE: 14 ACRES TOTAL: 18,160,000 GSF; 28 ACRES HUDSON RIVER HOTEL | Manhattan West & Hudson Yards

Manhattan West: 6+ Million Square Fee of Office, Retail, Residential, and Hospitality

Hudson Yards: 18+ Million Square Feet of Office, Retail, Residential, and Hospitality

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Double Breakfast Room

Bathroom Queen

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POPULATION 0.25 MILES 0.5 MILES 1 MILE

Total population 4,948 23,841 109,488

Median age 36.0 39.8 38.1

Median age (male) 38.9 40.0 39.2

Median age (Female) 32.8 39.0 37.0

HOUSEHOLDS & INCOME 0.25 MILES 0.5 MILES 1 MILE

Total households 2,549 12,726 59,507

# of persons per HH 1.9 1.9 1.8

Average HH income $102,628 $91,343 $116,513

Average house value $773,104 $772,682 $750,231

* Demographic data derived from 2010 US Census

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