major regional shopping mall comprising 1.6 million square feet of retail excitement

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1 major regional shopping mall comprising 1.6 million square feet of retail excitement Since its opening, Green Acres Mall has set the trend for retailing excellence in Nassau and Queens counties. Serving the densely populated residential area surrounding Valley Stream, Long Island, Green Acres Mall is a popular regional shopping center destination. Situated on a major heavily traveled highway, the mall features over 200 easily accessible retail establishments with abundant parking. Green Acres Mall possesses all of the attributes of an ideal retail location. It combines an exceptional traffic count, great location, and superb retail demographics resulting in excellent sales.

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3 major regional shopping mall comprising 1.6 million square feet of retail excitement Since its opening, Green Acres Mall has set the trend for retailing excellence in Nassau and Queens counties. Serving the densely populated residential area surrounding Valley Stream, Long Island, Green Acres Mall is a popular regional shopping center destination. Situated on a major heavily traveled highway, the mall features over 200 easily accessible retail establishments with abundant parking. Green Acres Mall possesses all of the attributes of an ideal retail location. It combines an exceptional traffic count, great location, and superb retail demographics resulting in excellent sales.

4 O ver four decades of profitable retail performance Since it s opening in 1956, Green Acres Mall has been highly successful and has offered remarkable marketing opportunities to its tenants. Total Mall sales have consistently exceeded $400 per square foot. Both levels of the Mall s 1,600,000 square foot facility are leased to approximately 200 retail establishments. The existing merchants in the Mall represent many of retailing's most respected names. Anchored by such flagship tenants as Macy s, Sterns, Sears and JCPenney, Green Acres Mall features a strong retail mix, with a variety of retail stores and customer-service oriented businesses. In addition, Green Acres maintains an extensive leasing program that has attracted over 90 new or renovated stores to the Mall in the past few years. Adding to the retailing opportunities of the complex are the surrounding, well developed out parcels including the Plaza at Green Acres that is anchored by Kmart and Waldbaum s. Additional strong destination retailers in the complex include Home Depot, Caldor, Nobody Beats the Wiz, and Kids R Us.

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6 A vast array of America s distinctive and specialty retailers An abbreviated listing of Green Acres Mall tenants include: JCPenney Sears Champs Lane Bryant Lechter s World Footlocker KayBee Toys & Hobby Aeropostale Lerner, New York Waldenbooks Macy s Sterns Modell s Gap/Gap Kids Sam Goody Payless Shoe Source The Disney Store Express Limited Victoria s Secret In addition, Green Acres Mall has a well-visited food court and other eateries designed to satisfy all customer tastes, including: McDonald s Friendly s Arthur Treacher s Wendy s Charley s Steakery Nathan s Hot Dogs

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9 A retail trade area that features incredible population density With over 2.4 million residents in a 10 mile radius of the Mall, Green Acres retail market is extremely impressive...representing approximately 825,000 households having an average family income of $67,000 and a household income of $57,500. Incidentally, the Mall is located in one of the most affluent areas in the nation an area that possesses ten of the wealthiest ZIP codes in the county. Customers come from a well-educated, solid middle class, diversified population. Green Acres typical customer is urban, female, has children living at home, visits the Mall 2-3 a week, and spends in excess of $75 a visit. Surveys have indicated that over 12,000,000 shoppers visit Green Acres Mall each year. R ETAIL P ERFORMANCE H IGHLIGHTS Annual Sales per Sq Ft of Retail Space Total mall sales are in excess of $400 per square foot with some retailers approaching $1000 per square foot. D EMOGRAPHICS 5 mile 10 mile Population 656,317 2,379,363 Ave. HH Income $63,530 $57,478

10 E xcellent regional accessibility afforded by an extensive highway network The highly successful Green Acres Mall is located on the south side of the seven lane divided Sunrise Highway. This major traffic artery travels the length of Long Island and connects to New York City. The Mall is easily accessible for customers through convenient public transportation as well as through major New York City and Long Island highways, including the Southern State Parkway, the Belt Parkway, and the Cross Island Parkway. Convenient access to the Mall is also provided by the Long Island Railway Station that is located a short block north of the property. In addition the Mall benefits from JFK Airport that is located five miles away. First Stop shopping of international travelers on extended layovers is a frequent occurrence at Green Acres Mall. The very recognizable Mall complex provides excellent visibility from the heavily traveled adjacent highways, as well as from the surrounding retail properties. High recognition is afforded by beautiful landscaping, abundant lighting, and distinctive signage. These features help make the Mall a premier shopping destination with high retail shopping traffic.

11 New York Albany New Jersey 95 9A 1 Bronx New York City Valley Stream Hudson River Manhattan La Guardia Queens Long 25A Island Northern Expressw ay State Pkwy 278 Nassau Garden City New York 678 Elmont Hempstead Southern State Pkwy 278 Brooklyn 27 Flatbush Ave. JFK Valley Stream 27 Oceanside Freeport Shore Pkwy Lower New York Bay Atlantic Ocean Long Beach 134 Ave 141 Ave 142 Ave 43 Ave Brookville Blvd Laurelton (Belt) Parkway 243 St Weller Ave Caney Rd 144 Ave 145 Ave Mayda Rd Ave 138 Ave North Conduit Ave South Conduit Ave 246 St Memphis Ave 135 Ave Ave SUNRISE HWY 247 St 248 St 249 St 250 St Caney La 253 St 254 St 255 St 256 St 257 St 147 Ave 139 Ave Lewis Blvd 145 Ave 133 H ook Creek Blvd Frankton Princeton Ash Street Beech Street Cedar Street Dean Street Elm Street Fir Street Merrick Blvd. Green St Liberty Blvd Green Acres Road Flower Road Lotus Oval Viola Merrick Boden Nassau Brentwood Clear Stream Ave. Union Terrace Eastwood Montague Waldinger Montgomery Sidney Woodland Catalpa Camdike West Valley SUNRISE HWY Bucknell Bittersweet Pilgrim Hamilton East Merrick Blvd Roosevelt Ave Hicks St Fletcher Fairvi Mineol Jamaica Hawthorne Rd Heath erfield Forest Rd Sunnyfield Fieldstone Darewood Jasmine Columbine Jamaica CENTRAL AVE Stream Blvd 249 St 253 St 147 Rd 147 Dr 148 Ave 148 Rd 148 Dr 149 Ave 257 St 259 St Rushfield Southgate Cloverfield Rd MILL ROAD Fair Field Elmwood Berkley Cambridge Derby Hollywood Wood Spruce La La Pine Cochran Rockaway Gibson

12 C ustomer attracting retail amenities Every aspect of Green Acres Mall is designed to create a revitalized shopping experience. High traffic locations can be made available for both large and small retailers as well as entertainment and restaurant facilities. Recent renovations create a warm and welcoming greeting to customers. Other Mall amenities and customerattracting resources include: coat and package checking, enclosed elevators, office and travel services, wheelchair and stroller rentals, banking, information services, and UPS shipping. The Mall also has 16 beautifully designed merchandise and service kiosks. The Mall has a professional security staff on duty 24 hours a day. All Mall entrances have public telephones, and conveniently located ATM s. In addition, various social and civic seasonal events are held in the Mall throughout the year.

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14 reen Acres Mall...your next retail location Because of Green Acres strong and varied retail store mix, the densely populated area, and the Mall s excellent geographic location, new and exciting merchandising opportunities await your consideration. You are cordially invited to contact us at (201) and visit our dynamic complex. We are confident that Green Acres Mall is your ideal retail location and that it can lead your business into the next century and beyond. For specific leasing or other information, contact: Vornado Realty Trust Park 80 West, Plaza II Saddle Brook, NJ Tel: (201) Fax: (201)

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16 R E A L T Y T R U S T Park 80 West, Plaza II Saddle Brook, NJ Tel: (201) Fax: (201)