Flexible Leasing Profile - base floors of 14,000 square feet versus boutique tower floors of 3,500 square feet allow the Property to target multiple demand segments simultaneously. Spectacular Tower Views - the upper 20 floors of the Property provide some of the most desirable full-floor boutique office suites in New York City, with panoramic views to the south and east. Mark-to-Market Upside - nearly 50% of the Property’s office space expires over the next five years, providing a substantial mark-to-market opportunity. Delivered Free-and-Clear of Debt - new ownership can align its debt strategy with an optimal investment hold period while taking advantage of historically low borrowing rates. Timeless Architecture - the Property is recognized as one of the City’s finest examples of Art Deco architecture, a classic style that attracts strong leasing demand. Commercial Core - situated in the midst of one of the world’s greatest concentrations of major corporations, creating a strong demand base for business services from the tenants at 275 Madison Avenue. Corner Retail Opportunity - available 4,000 square foot prime corner retail space will command market rents exceeding $400 per square foot, delivering immediate enhancement to year 1 NOI.