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OWNERSHIP WITH EXPERIENCE

William Macklowe Company (WMC), is a private equity-backed, fully-integrated real estate development. Investment and operating company based in New York City. As one of NYC's leading real estate companies and a manager and investor of capital, WMC employs discipline, as well as investment and risk management strategies, to achieve attractive risk-adjusted returns. The company's primary focus is on the development and redevelopment of prime commercial and residential assets in New York City. WMC has a proven track record with over 25 years of successful investments, with unmatched, repeated value creation through its innovative repositioning and asset management. WMC is an active developer, owner and manager of a diverse array of real estate investments and enjoys a history of success with institutional partners, coupling its diligenvce and enthusiasm with an unparalleled knowledge of New York City real estate. WMC has leased and managed an excess of 15 million square feet of premier office and residential properties in Manhattan, providing a standard of service and operations long-recognized as one of the highest in the industry.