MARKET STATISTICS    (Based on Office space)

Financial District:      Average Rent/ PSF $37.73  

Range:                         Low $20.00  High $46.00       

Garment District:       Average Rent/ PSF $23.88 

Range:                         Low $17.00  High $36.00

Chelsea:                     Average Rent/SF $25.83 

Range:                         Low $16.50   High $42.00

Soho:                          Average Rent/SF $35.18 

Range:                         Low $20.00   High $48.00

Tribeca/W Village:      Average Rent/SF $37.35  

Range:                          Low $13.00   High $39.00