AT THE CORNER OF BROADWAY AND WEST 42ND STREET TIMES SQUARE

Transcription

1 AT THE CORNER OF BROADWAY AND WEST 42ND STREET TIMES

2 More than any other corner, 42nd and Broadway is the epicenter of New York City and the crossroads of the world. ARTIST S RENDERING CORNER OF WEST 42ND STREET AND BROADWAY

3 orkand S THEATER 40 Broadway Theaters with 12 million theatergoers per year, which generates $2.1 billion in retail and restaurant spending OFFICE Area contains 10% of New York City s employment 434,000 employees within a half mile 17,000 hotel rooms at 95% occupancy 34 major hotels in the area RETAIL World-renowned retail location for global brand flagships $4 billion annual retail sales 300 million annual visitors shop, eat, work, play and live here, and the area is surrounded by top entertainment, office towers and residential The Times Square office market totals over 30 million SF of office space

4 DOUBLE HEIGHT STOREFRONT ARTIST S RENDERING

5 BY THE NUMBERS 6 TIMES AVERAGE DAILY ACTIVITY 6 TIMES PEDESTRIAN STATS FOR THE WEEK OF 7/1/2018 7/31/ ,537 Typical Day 117,158 Typical Week Weekdays Weekends 40,971 Thu 7/19 180,451 Peak Week Sun 7/15 23,214 Wednesday Average 512,635 Total Visitors HOURS TOTAL 5AM - 11AM 15% 2,483 11AM - 5PM 37% 6,184 5PM - 11PM 41% 6,842 % 1,500 1, ,000 15,000 10,000 5,000 11PM - 5AM 6% 1,028 12AM 5AM 10AM 3PM 8PM SUN MON TUE WED THU FRI SAT

6 WEST 42ND STREET ARTIST S RENDERING

7 GROUND FLOOR 98'5" WEST 42ND STREET 50'9" SECOND FLOOR COMMENTS RETAIL 1 6,819 SF RETAIL 2 6,530 SF RETAIL 1 16,555 SF 86' BROADWAY SIZE* RETAIL 1 Ground Floor 6,819 SF Second Level 16,555 SF Lower Level 8,016 SF RETAIL 2 Ground Floor 6,530 SF Lower Level 5,927 SF *Multiple divisons are being considered COMMENTS Double height ceilings at corner entrance The retail sits below the newly renovated historic Knickerbocker Hotel Elevator in place within the space Approved LED signage on exterior signband and within the Second Floor windows Potential for LED blade signage LOWER LEVEL RETAIL 1 8,016 SF RETAIL 2 5,927 SF PLANS

8 A C #6 Trafficked Subway in NYC Average Weekday Ridership 2016: 82,584 34TH STREET WYNDHAM NEW YORKER 1,050 ROOMS 35TH STREET EIGHTH AVENUE 36TH STREET 37TH STREET 38TH STREET 39TH STREET PORT AUTHORITY 65M 225K 40TH STREET AC 300 ROOMS AREAMAP A C people served annually riders per day RIU PLAZA 697 ROOMS THE ROW NYC 1,331 ROOMS THE WESTIN PARQUES TIMES REUNIDOS 873 ROOMS 41ST STREET RIPLEY S BELIEVE IT OR NOT! REGAL CINEMAS 13 SCREENS 43RD STREET 44TH STREET 45TH STREET 46TH STREET 47TH STREET 48TH STREET 49TH STREET 50TH STREET MSG/ PENN STATION 320 EVENTS PER YEAR #5 Trafficked Subway in NYC RENAISSANCE NEW YORK 348 ROOMS WINGATE BY WYNDHAM 92 ROOMS SEVENTH AVENUE GARMENT DISTRICT The fashion capital of the world with millions of square feet of office space. HAMPTON INN MANHATTAN 300 ROOMS SHOCARD 47 ROOMS 1 2 HILTON TIMES 478 ROOMS AMC EMPIRE SCREENS MADAME TUSSAUDS SEPHORA CHAMPS ERNST & YOUNG 3 7 S REUTERS STEVE MADDEN TIMES THEATER DISTRICT 40 Broadway Theaters, 12 Million+ theater goers annually $2.1 Billion retail and restaurant spending 1M People attend New Years Eve at Times Square RAY BANS AT OAKLEY LINE FRIENDS OAKLEY TISSOT MARRIOT MARQUIS 1,960 ROOMS SEPHORA LEVI S EDISON 880 ROOMS W NEW YORK 509 ROOMS 1 PENNSYLAVANIA 1,700 ROOMS HERALD EMPIRE STATE BUILDING 3.5M Annual Visitors MACY S 2.2 MILLION SF STORE 20 Million people visit annually 34TH STREET M 35TH STREET COURTYARD BY MARRIOTT 167 ROOMS 36TH STREET MOXY NYC 612 ROOMS BROADWAY AVENUE OF THE AMERICAS FIFTH AVENUE 37TH STREET 6TIMES 38TH STREET REFINERY 197 ROOMS 39TH STREET COURTYARD BY MARRIOTT 244 ROOMS BRYANT PARK 128 ROOMS #1 Trafficked Subway in NYC Average Weekday Ridership 2016: 202,363 LOFT LUMA 130 ROOMS FOOT LOCKER THE KNICKERBOCKER 282 ROOMS EQUINOX HILTON GARDEN INN 282 ROOMS WHOLE FOODS TOURNEAU #15 Trafficked Subway in NYC Average Weekday Ridership 2016: 57,793 BRYANT PARK NEW YORK PUBLIC LIBRARY 6M WEWORK Annual Visitors M 1 TIMES H&M SKADDEN ARPS 42ND STREET NASDAQ BURGER & LOBSTER BANK OF AMERICA TOWER MIDTOWN CASABLANCA 45 ROOMS 43RD STREET THE CHATWAL 76 ROOMS MELA 232 ROOMS GAP MILLENNIUM BROADWAY 752 ROOMS THE PREMIER TIMES 125 ROOMS AKA TIMES 115 ROOMS 44TH STREET OLD NAVY NIGHT THEATER DISTRICT 72 ROOMS SUNGLASS HUT 45TH STREET FOREVER 21 46TH STREET DOUBLETREE SUITES BY HILTON 468 ROOMS HYATT CENTRIC 487 ROOMS 79 ROOMS ROOM MATE GRACE 139 ROOMS KIMPTON MUSE 200 ROOMS ST. JAMES 150 ROOMS MAC EXPRESS SANCTUARY 113 ROOMS NIGHT 208 ROOMS 47TH STREET NFL/ CIRQUE 48TH STREET GRAND OL OPRY 49TH STREET 50TH STREET

9 6TIMES CONTACT EXCLUSIVE AGENTS PETER RIPKA ANDREW MANDELL RICHARD SKULNIK LINDSAY ZEGANS East 58th Street 15th Floor New York, NY Please visit us at ripcony.com for more information This information has been secured from sources we believe to be reliable, but we make no representations as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.