| Building Specifications |
|---|
| Number of Floors |
| 10 |
| Average Slab-to-Slab Heights |
| 10’0” to 12’0” |
| Column Spacing |
| 20’-0” by 20’-0” typical |
| Elevators |
| 2 Elevators: 1 passenger/freight, 1 passenger only |
| Wired Certified Silver |
| Multiple points of telecommunication entry for redundancy and resiliency |
| Building Systems |
|---|
| HVAC |
| High-efficiency, variable volume heat pump with heat recovery and energy recovery ventilation |
| Controls |
| Building management system including Quadlogic submetering and VRF-shared refrigerant control system |
| Cooling |
| High-efficiency VRF system with 50 tons of cooling per floor |
| Heating |
| High-efficiency heat pumps with heat recovery |
| Electricity |
| 120/208V service with 12 W/SF available at all floors, submetered |
| Plumbing |
| New restrooms, plumbing systems, and fixtures on all floors |
| Life Safety |
| 300 KVA emergency standby generator |
| Fire Alarm System |
| Fully equipped, full voice ARC system, including all required life safety systems (e.g. stair pressurization and post-fire smoke purge system) |
| Sprinkler System |
| Fully equipped with wet sprinklers and full fire standpipes |
| West Floorplate Specifications |
|---|
| Year Built |
| 1926 |
| Construction Class |
| Cast-in-place concrete Type 1B |
| Setbacks |
| 6’-3” setback at 9th & 10th floors |
| Frame |
| Flat slab cast-in-place concrete with drop panels and flared capitals at the columns |
| Deck |
| 8” concrete slabs with 4” drop panels over the columns (total of 12”) |
| Design Load |
| 100 PSF live load cellar - 10th floors, 20 PSF live load at roof |
| Exterior Finish |
| Exposed concrete columns & beams, & brick infill |
| East Floorplate Specifications |
|---|
| Year Built |
| 1917 |
| Construction Class |
| Steel framed with concrete floor slabs Type 1B |
| Setbacks |
| 6’-0” setback at 7th floor |
| Frame |
| Steel frame construction with framed terra cotta concrete floor slabs |
| Deck |
| 8” to 12” concrete slabs on concrete encased steel beams |
| Design Load |
| 100 PSF live load at cellar - 7th floors, 20 PSF live load at roof |
| Exterior Finish |
| Brick facade |
ECONOMIC INCENTIVES & CITY INITIATIVES
New York City and New York State provide various incentive programs geared towards attracting commercial tenants to the area, supporting efficient energy use, and promoting commercial development and growth.
| PROGRAM | ELIGIBLE BUSINESSES | BENEFIT | DURATION | POTENTIAL SAVINGS |
|---|---|---|---|---|
|
REAP Relocation & Employment Assistance Program |
Relocating office or industrial tenants from Manhattan or outside NYC | $3,000 business tax credit / employee | 12 years | 33.6% |
|
CEP Commercial Expansion Program |
New, Renewal or expansion office or industrial tenants | $2.50 PSF property tax abatement | 5 years w/ 2 yr phase out (10 years for manufacturing) | 10.0% |
|
IBZ Industrial Business Zone |
Relocating industrial and manufacturing tenants | $1,000 business tax credit / employee | One-time | 11.2% |
|
Excelsior Jobs Program |
Targeted industries that provide new jobs | Various business and property tax credits | 10 years | NA |
|
ECSP Energy Cost Savings Program |
Office or industrial tenants | 45% electrical & 35% natural gas costs | 12 years w/ 4 yr phase out | NA |
|
REAP (Relocation & Employment Assistance Program) Eligible Businesses: Relocating office or industrial tenants from Manhattan or outside NYC Benefit: $3,000 business tax credit / employee Duration: 12 years Potential Savings: 33.6% |
|
CEP (Commercial Expansion Program) Eligible Businesses: New, renewal or expansion office or industrial tenants Benefit: $2.50 PSF property tax abatement Duration: 5 years w/ 2 yr phase out (10 years for manufacturing) Potential Savings: 10.0% |
|
IBZ (Industrial Business Zone) Eligible Businesses: Relocating industrial and manufacturing tenants Benefit: $1,000 business tax credit / employee Duration: One-time Potential Savings: 11.2% |
|
Excelsior Jobs Program Eligible Businesses: Targeted industries that provide new jobs Benefit: Various business and property tax credits Duration: 10 years Potential Savings: NA |
|
ECSP (Energy Cost Savings Program) Eligible Businesses: Office or industrial tenants Benefit: 45% electrical & 35% natural gas costs Duration: 12 years w/ 4 yr phase out Potential Savings: NA |