FACTS
FIGURES
Gross Building Area
200,000 rsf
Building Features
Lobby
Central lobby with shared access to ground level courtyard
Outdoor Space
Garden level, Floors 1, 7, 11, 12
Bike Room
Subways
A, B, C, D and #1 trains
Design Parameters
Floor-to-Floor Heights
Base:
12'-3" to 14'-0" typ;
17'-0" max.
Tower:
13'-2" to 13'-6" typ;
15'-0" max.
Finished Ceiling Heights
Base:
9'-0" to 10'-6" typ;
13'-6" max.
Tower:
10'-0" to 10'-2" typ;
11'-8" max.
Exterior Wall
Base:
Windowed masonry
Tower:
Glass curtain wall
Column Spacing
Base:
East to West: 13'-0" to 16'-0"
North to South: 10'-0" to 16'-3"
Tower:
East to West: 26'-0"
North to South: 17'-0"
Building Systems
Structure
Base:
Cast iron columns, steel frame, concrete slab
Tower:
Steel frame, concrete slab
Floor Load
50 lbs. live load
Elevators
Three passenger, one swing [freight/passenger]
Heating and Cooling
Base: Air-cooled variable
refrigerant flow
Tower: Air-cooled variable
refrigerant flow; floor-mounted fin-tube perimeter radiation
Tenant Electrical Load Capacity
6 watts per usable square foot demand load
Telecommunications
Two telecom closets per floor
TOWER
BASE
FLOOR 3
20,531 RSF
Workstation
90
Office
14
Reception
1
Conference
5
Meeting
15
Cafe
1
Copy/Print
2
20,531 RSF
Workstation
90
Office
14
Reception
1
Conference
5
Meeting
15
Cafe
1
Copy/Print
2
Suite W—6,117 RSF
Suite E—14,414 RSF
SUITE
W
E
Workstation
28
60
Office
6
7
Reception
0
1
Conference
1
4
Meeting
5
10
Cafe
1
1
Copy/Print
2
1
Suite W—6,117 RSF
Suite E—14,414 RSF
SUITE
W
E
SUITE
W
E
Workstation
28
60
Office
6
7
Reception
0
1
Conference
1
4
Meeting
5
10
Cafe
1
1
Copy/Print
2
1
FLOOR 10
12,553 RSF
Workstation
61
Office
13
Reception
1
Conference
1
Meeting
3
Cafe
1
Copy/Print
1
12,553 RSF
Workstation
61
Office
13
Reception
1
Conference
1
Meeting
3
Cafe
1
Copy/Print
1
TENANT
ECONOMIC
INCENTIVE
BENEFITS
REAL ESTATE TAX EXEMPTION
The Malt House will qualify for an enhanced 25 year Industrial and Commercial Abatement Program (ICAP) real estate tax benefit that will significantly reduce tenants’ exposure to real estate tax increases.
COMMERCIAL RENT TAX EXEMPTION
Malt House tenants are exempt from the occupancy tax that companies pay south of 96th Street. This exempts users from an annual tax of 3.9% of the rent, representing savings of over $2 per square foot per year.
ENERGY COST-SAVINGS PROGRAM AND BUSINESS INCENTIVE RATE
Qualifying Malt House tenants will benefit from reduced electric rates from two programs: ECSP and BIR. The ECSP program will reduce the entire electric bill by approximately 15% to 20% annually for twelve years; the BIR program will reduce the entire electric bill by an additional 12% to 15% for fifteen years. Combined savings range from approximately 27% to 35% of total electric costs. Tech, life science and other manufacturers may also benefit from savings on gas charges.
RELOCATION AND EMPLOYMENT ASSISTANCE PROGRAM (REAP)
Malt House tenants that relocate jobs from outside New York City or from below 96th Street in Manhattan are eligible to receive REAP business income tax credits equal to $3,000 per employee per year for twelve years. A company relocating 200 employees would receive a $600,000 per year income tax credit under REAP representing savings of between $15 and $20 per square foot per year.