One of the most impressive results of W&H's portfolio-wide $1.5- billion upgrade program is our wide variety of prime retail offerings. Through our comprehensive repositioning program, we have been able to expand, consolidate and improve the retail space in our nine Pre-War Trophy office buildings to meet the needs of the nation's top retailers, enabling them to showcase their products and raise brand awareness at some of the most important retail corridors in Manhattan.


Rendering of available retail block at 1333 Broadway

Our strategy is straightforward: create valuable, usable retail spaces that offer locations with great visibility, excellent transportation, high pedestrian traffic, complementary retailers, and high-occupancy office and residential towers in the surrounding area.

As a result, top retail brokers are recommending our properties to their clients. For example, one of the country's largest Starbucks just opened on three levels of the Empire State Building, which will also become the home of a high-profile retailer, an AT&T Mobility store. Billabong, the fast- growing global sports apparel company, has opened a flagship location at 112 West 34th Street. At 60 East 42nd Street, Pera, the Zagat-rated Mediterranean brasserie, occupies the Madison Avenue frontage. And Sovereign Bank, one of the largest banking institutions in the northeastern United States, recently leased 4,000 square feet of prime retail space at 1350 Broadway (The Herald Square Building).

Outstanding Opportunities

We still have several very exciting retail spaces available, including two unparalleled branding opportunities for big-box retailers. One is located at 1333 Broadway (3 Herald Square), next to Macy's flagship in the center of the Herald Square district, which boasts the heaviest pedestrian foot traffic in all of New York City, with peak counts of more than 15,000 people per hour. The area is home to Manhattan's busiest transportation hubs (with access to Penn Station, the PATH and nine subway lines), which service 83 million riders annually. Local retailers also benefit significantly from the outstanding media coverage and brand exposure provided by the legendary Macy's Thanksgiving Day Parade.

The space at 1333 Broadway is a three-level, 62,000-square-foot block (subdivisions available) that offers 500 feet of wrap-around frontage on Broadway, 35th and 36th Streets, with exceptional visibility. Neighbors include Madison Square Garden, Penn Station, Manhattan Mall and many national retailers. For more information, please contact Andrew Goldberg of CBRE at 212-984-8155 or Andrew.goldberg@cbre.com.


Rendering of available retail block at 250 West 57th Street

The other big-box opportunity, at 250 West 57th Street, is in the heart of the West 57th Street corridor, perfectly situated on the corner of 57th Street and Eighth Avenue, across from the Hearst world headquarters. The neighborhood is rapidly becoming a destination retail environment, thanks to its proximity to the hugely successful Time Warner Center, where sales per square foot are among the highest in the country. Furthermore, the Columbus Circle/59th Street subway station, which connects seven subway lines, is one of the busiest stations in New York City, with an annual ridership of more than 19.3 million.

The 52,233-square-foot, multi-level retail space offers 18-foot ceiling heights, direct access to the in-building subway station, and more than 240 feet of spectacular wrap-around frontage and visibility. For more information, please contact Joanne Podell of Cushman & Wakefield at 212-841-5972 or joanne.podell@cushwake.com.

Additional retail availabilities are listed on page six and at www.whpropertiesny.com. Please give us a chance to compete for your business.



A Healthy Outlook at W&H Properties: Low Debt, Capital Upgrades, and Delivery on Promises | W&H Celebrates Five Years and Honors Brokers At Annual Event at '21' Club | W&H's New Year's Resolutions | Employee Profile: Theresa Morzello | Leasing Update | Tenant Profile: ML Management Associates, Inc. | Heard in the Hallways | Community Activities Update | Spaces in the Spotlight | Retail on the Radar | Employee News | Show, Lease & Win | Tenant's Corner: Already Green, Going Greener | W&H Tenants Enjoy Macy's Thanksgiving Day Parade From Best Seats in the House | Thinking of Commercial Real Estate As an Investment? Think of Us. | Comissions Available to Pay at W&H Properties | Q & A with Michael Burgio, Executive Vice President of Cushman & Wakefield | AVAILABLE SPACE |


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