EFTA00823144.pdf

From: "Jeffrey E." <[email protected]> To: David Mitchell. Subject: Re: CALL FOR OFFERS: , New York, NY Date: Wed, 27 Jul 2016 16:01:15 +0000 Call my cell On Wednesday, 27 July 2016, David Mitchell < > wrote: Have idea DAVID MITCHELL Mitchell Holdings LLC New York NY 10065 USA Begin forwarded message: From: Glenn Tolchin Date: July 27, 2016 at 11:54:17 AM EDT To: <I Subject: CALL FOIt OFFERS: , New York, NY Reply-To: Having trouble viewing this email? View online instead. For Sale: A Prime Boutique Office Building New York, NY The Hammacher Schlemmer Building EFTA00823144 Gr Please be advised that written offers to acquire the property are due via email by 3:00PM. Wednesday. August 10th. 2016. JLL. as exclusive ent, is leased to offer for sale the fee simple interest in (the Property"). a 12- story plus penthouse. 64.000 square foot newly-renovated boutique office building located along Billionaires' Row in the center of Manhattan's prestigious Plaza District. Known as the "Hammacher Schlemmer Building: the beautiful loft-style design features high ceilings. protected light and air, and 5.000 square foot floorplates ideally suited to boutique financial. legal, and creative firms seeking exclusive full-floor identity in Manhattan's best commercial district. Fully Modernized Asset A comprehensive renovation exceeding 510 million includes a new lobby and elevators. all new windows. new electric. a full façade restoration. and new fire safely systems. Iconic Building The beautiful Art Deco building is a well-known Manhattan landmark that conveys the innovation. creativity, and prestige of the Hammacher Schlemmer brand. Prestigious Plaza District Location Most desirable and expensive office market in New York City. with direct asking rents averaging 588.80 per square foot. Boutique Floorplates Building tenants enjoy boutique 5.000 square foot floorplates offering enhanced privacy, security, and the prestige of full-floor identity. Established Full-Floor Tenants All occupied floors at the Property are currently leased by full-floor tenants, with more than 50% of the building's area leased through 2020 and beyond. Immediate Upside Five lull floors will be available upon completion of the renovation. with an opportunity to more than double the cash flow over the next two years. Penthouse Addition Renovation includes a new glass-walled 2,500 square foot penthouse level with private outdoor space— one of the finest boutique office spaces in the City. Billionaire's Row Branding 57th Street is now the most prestigious residential location in Manhattan, with new super-tall super-luxury towers lining the boulevard. 57th Street Retail The prime 57th Street retail corridor is expanding west. with a major 56.000 square foot Saks OFF 5th flagship opening just across Lexington Avenue from the Property. Potential Condominium Exit Strategy Boutique floorplates, appealing architecture, and a prestigious 57th Street location are all ideally suited to residential or office condominium conversion. Superior Transportation Three blocks from the 59th Street subway hub, one of the most well connected subway stations in Manhattan. with the 4. 5. 6. N. O. R. and F lines serviced. 2b access the due dillgerxre websae and receive infomiefforte4 materials please return an executed conlidenbalay agreement Wa entail to Executive Summary Confidentiality Agreement Glenn Tolehln Yoav Oelsner Anthony LedeSMIt Richard Baxter Matthew Lemer Click hew to decline this property Sent by JLL - NYCMG Team, , New York, NY 10017. Unsubscribe EFTA00823145  please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00823146