Entertainment

Shoppinghotels

Affluence

nightlife museums

companies

clothingRestaurants

retailExecutives parkingSUBWAYSFashion

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D O W N T O W N B R O O K L Y N’ S F I N E S T R E T A I L A D D R E S S

345 Adams Street

customers

Offices

Cafes

Access

Understanding the Market

The Location 345 Adams

StreetThree exceptional retail spaces in one extraordinary location.

345 Adams Street

Description

Location

35, 785 square feet of very prime retail space on the first and second floors of a 12-story office building.

N/E/C of Adams Street and Willoughby StreetDowntown Brooklyn, NY

Adjacent to the 675-room New York Marriott HotelAdjacent to Morton’s, The Steakhouse (new)

Directly across from Brooklyn Borough Hall

Centrally-located to MetroTech Center, the Fulton Street Mall and all of Downtown Brooklyn.

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345 Adams Street

The MOST central location.

Downtown BrooklynArea Map

MetroTech Fulton StMall District

BrooklynHeights Brooklyn

Heights

Mon

tagu

e St

Boerum Hill

Marriott

Civic BuildingsBorough

Hall

LIU

BankingDistrict

Brooklyn Bridge Boulevard / Adams Street

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BrooklynLaw School

345 Adams Street

MORTONS

345 Adams Street

Marriott Morton’s Steakhouse 267 Feet of Frontage on Adams Street

MORTON’S

Ceiling Heights

Ground Floor:Second Floor:

Mezzanine:

Midblock Unit A

16 feet16 feet

Pear Street Unit B

16 feet

Corner Unit C

32 feet

14 feet

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345 Adams Street

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Spaces can be divided along logical lines

Corner Unit

345 Adams Street

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Why 345 Adams#1 Brooklyn

2.5 Million residents

4th Largest City in America

Very Diverse Population

Larger than Boston, Miami or Philadelphia

#2 Downtown

3rd Best Retail Market in NYC

Very Strong Economic Growth

14 Subway Lines

17 M SF Offices

300,000 employees

#3 345 Adams

Best-In-Market Location

267 Feet of Frontage

1,100 Car Parking

Heavy Pedestrian Traffic

Excellent visibility

Understanding the Market

The Big PictureBrooklyn

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More than Downtown Brooklyn is “All of Brooklyn.”

Brooklyn, NYThe Big Picture 4th Largest City In the United States

Population of 2.5 Million

Vastly Under-stored

Strong Growing Economy

Diverse Population with many socio-economic market segments across the entire wealth spectrum

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Brooklyn, NYPopulation:2.5 Million People

Equivalent toBeing the 4th

Largest CityIn America

Wide Socio-EconomicSegments

DowntownBrooklyn isConnectedTo All Parts

of Brooklyn,Queens,

ManhattanAnd The Bronx

via Mass Transitand Major

HighwayInfrastructure

Understanding the Market

The Trade AreaDowntown Brooklyn

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Drilling Down to

Downtown BrooklynThere’s MORE right here.

3rd Largest CBD in New York City

4th Largest CBD in the United States Midtown Manhattan Downtown Chicago Lower Manhattan Downtown Brooklyn

Larger than Boston,Houston, Miami or Philly.

150,000 shoppers daily

300,000 employees

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Downtown BrooklynKey AssetsMass Transit Hub

Major Corporate Presence

Major Civic and Legal Center

Major Retail Market

Major Hotel Presence

Major Educational Center

Major Cultural Center

Affluent Residential Neighborhoods

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Downtown BrooklynAmerica’s 4th-Largest City

New Yo

rk, N

.Y.

Los A

ngele

s, Cali

f.

Chicag

o, Ill.

Brookly

n, NY

Housto

n, Te

x.

Philad

elphia

, Pa.

San D

iego,

Calif.

Dallas

, Tex

.

Detroi

t, Mich

.

San F

rancis

co, C

alif.

Austin

, Tex

.

Seatt

le, W

ash.

Bosto

n, Mas

s.

Denve

r, Colo

.

Washin

gton,

DC

Atlanta

, Ga.

New O

rlean

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.

Miami, F

la.0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

9,000,000

2005 Population by U.S. Cities

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Downtown BrooklynDramatic Developments

Undergoing the largest public and private sector investment and revitalization efforts ever experienced in a 5-to-10 year period.

Private sector investment over $9.5 billion.

$300 million in public improvements.

50+ new projects representing more than 23 million square feet over the next five years, including:

New Office Space:New Retail Space:

New Residential Units:New Hotel Rooms:

1.6 million sq ft1.6 million sq ft14,479 Units2,948 Keys

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Downtown BrooklynExceptional Access

Mass Transit Hub

Eleven (11) Bus Lines

Road Access Brooklyn Bridge Manhattan Bridge Brooklyn-Queens Expressway High-Volume Primary & Secondary Roads

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19.5 Million Sq Ft of Office Space

MetroTech Center (9 Million Sq Ft)

Renaissance Plaza (900,000 Sq Ft)

Major Corporate Tenants JP Morgan Chase Bear Sterns National Grid Blue Cross-Blue Shield Sovereign Bank Morgan Stanley Bank of New York

Downtown Brooklyn’sCorporate Presence

FACT:Downtown Brooklyn’s large and affluent daytime population spurs demand for better-quality merchandise. Everything from men’s and women’s apparel to books, restaurants, home furnishings, and more.

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Downtown BrooklynDowntown’s Workforce

120,000+ workers in the Downtown Brooklyn core.

Many at headquarters and operations centers for financial service companies and law offices.

Employment expected to grow by approximately 22% by 2012 as new buildings come online.

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Downtown BrooklynLarge Civic Center

Major Civic and Legal Center

U.S. Eastern Division Federal

Courthouses

New York State Supreme Courthouses

New York City Municipal Courts

and Family Courts

New York City Department of

Finance

New York City District Attorney's Offices

Hundreds of law offices

Brooklyn Borough Hall & The Borough

President’s Office

NYC Department of Finance

Main Brooklyn Post Office

U.S. Secret Service New York Headquarters

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Downtown BrooklynIs Greatly Under-Stored

USA Manhattan Brooklyn Downtown0

10

20

30

40

50

60

36.4

52.2

10.86.0

Retail Space by Square Feet - Per Person

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Downtown BrooklynRetail Dynamics

Major Presence of National, Regional and Local Retailers.

Highly successful retail corridors:

Fulton Street Mall (100,000 shoppers daily)Montague StreetCourt StreetAtlantic AvenueFlatbush AvenueSmith Street

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Downtown BrooklynRetail Dynamics

$1.6 Billion Retail Market and Growing.

Fulton St. Mall Ranked 3rd-Best Retail in NYC.

Fulton St. Macy’s Sales Average over $1,000 PSF and Ranked 3rd-Best Nationwide.

Banking: branches enjoy the highest deposits in Brooklyn fueled by businesses and high-income residents.

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Downtown BrooklynRetail Sales Gap

There’s no better retail location that caters to:• Downtown’s highly-paid corporate executives• Surrounding affluent residential communities

Consumer demand outstrips the availability of better quality merchandise.

Huge opportunity for “Better-Quality” and highly-merchandised retailers.

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Downtown BrooklynRetail Sales Gap

Significant number of affluent and sophisticated customers.

Opportunities exist for better-quality retailers and restaurateurs offering:

Apparel Table cloth restaurants Home furnishings Lifestyle/electronics/Books, etc.

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Downtown BrooklynLodging

New York Marriott Hotel at Renaissance Plaza 675-Room 4-Star Hotel 89% Average Occupancy Rate 3rd-Largest Banquet Facility in

New York City 25 Conference Rooms, Pool

and Health & Fitness Club Parking for 1,100 cars

Sheraton Hotel (Opening June 2009)

300 Rooms

aLoft Hotel (Under Construction)

176 Rooms

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MORTON’S

MarriottHotel

MarriottHotel

RenaissancePlaza Offices(900,000 SF)

MetroTch Center(9 Million SF)

Downtown BrooklynEducation

Seven Institutions of Higher Education: Long Island University (Brooklyn Campus) PolyTechnic Institute (New York University) New York City University's College of Technology Brooklyn Law School Saint Francis College Saint George College Pratt Institute

35,000 Students 5,000 faculty members

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Downtown Brooklyn Residential

Downtown Brooklyn has an exceptional housing stock in established neighborhoods, including:

14,479 new residential units now being built.

Average household income of new residents (mostly condo buyers) is $142,000 annually. *

Brooklyn HeightsBoerum Hill

Fort GreeneDumbo

Cobble HillPark Slope

Prospect Heights

* Source: Downtown Brooklyn PartnershipThere’s MORE right here.

Downtown BrooklynNeighborhoods

BrooklynBridge

ManhattanBridge

BrooklynNavy Yards

BrooklynHeights

Boerum Hill

Fort Greene

Cobble Hill

Park Slope

Williamsburg

AtlanticCenter

DowntownBrooklyn

Dumbo

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Middle MarketUpper-MarketBAM

Cultural District

Downtown BrooklynCultural Centers

Major art and cultural attractions draw nearly 1 million patrons annually.

The Brooklyn Museum is the 2nd largest museum in the City of New York:

Over 500,000 attendees annually; 560,000 square foot, Beaux-Arts building.

300,000 square feet of world-class cultural space at The Children's Museum and The New York Transit Museum.

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Downtown BrooklynCultural Centers $650 million Brooklyn

Academy of Music (BAM) Cultural District will be built around the existing BAM facility: Includes an arts library; 299-seat Frank Gehry-designed

Theater.

The Brooklyn Botanic Garden located within ten(10) minutes

of Downtown Brooklyn.

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Supporting Employment Data

2006 Employment Data Key Brooklyn

Zip Codes*

1-Mile Radius

3-Mile Radius

5-Mile Radius

Total Employment 716,531 422,176 819,568 2,728,074

Downtown Core Employmentwithin Five (5) blocks

300,000+

Select Fields - Executive & Professional 260,042 96,768 259,161 1,000,092

Management 51,529 57,264 70,773 237,589

Sales & Marketing 85,157 18,839 91,578 335,365

Health-Legal-Social 45,323 18,371 49,108 135,157

Engineer-Science-Computer Professional

10,501 7,303 24,612 79,014

Educators 53,134 7,747 35,857 90,014

Journalists-Creative Professional 14,398 2,243 23,232 102,801Source: Claritas 2006 Workforce Analysis*11201, 11204, 11206, 11208, 11210, 11212, 11214, 11216, 11218, 11220, 11222, 11224, 11226, 11229, 11231, 11233, 11235, 11237, 11239

Demographic Data2007 Polygon Demographics

%

Population 177,116 Income

Race Avg. Household $87,139

White 89,449 50.5

Median Household $58,923

Black 54,182 30.6

Per Capita $39,622

American Indian 574 0.3 New Resident’s $142,000

Asian 11,788 6.7 Number of New Residences

35,000

Pacific Islander 68 0.0 Median Age 34.7

Other/Multi-Racial 21,055 11.9

Sex

Hispanic Population 36,514 20.6

Male 48.5%

Female 51.5%Demographic information extrapolated from a 1.5 radius excluding Manhattan.

Contact

Robert C. GreenstoneTel: 212-362-5414

Mobile: 646-522-8460E-Mail: rob@greenstonerealty.com

309 West 86th Street, Suite 9ANew York, NY 10024 - USA

Exclusive Leasing Agent