major regional shopping mall comprising 1.6million square feet of retail excitement

Since its opening, Green Acres Mall has set the trend for

retailing excellence in Nassau and Queens counties.

Serving the densely populated residential area sur-

rounding Valley Stream, Long Island, Green Acres Mall

is a popular regional shopping

center destination.

Situated on a major

heavily traveled high-

way, the mall fea-

tures over 200

easily accessi-

ble retail

establishments

with abundant

parking.

Green Acres Mall possesses

all of the attributes of an ideal

retail location. It combines an

exceptional traffic count, great

location, and superb retail demographics resulting in

excellent sales.

major regional shopping mall comprising 1.6million square feet of retail excitement

Since its opening, Green Acres Mall has set the trend for

retailing excellence in Nassau and Queens counties.

Serving the densely populated residential area

surrounding Valley Stream, Long

Island, Green Acres Mall is a

popular regional shopping

center destination.

Situated on a major

heavily traveled

highway, the

mall features

over 200 easily

accessible retail

establishments with

abundant parking.

Green Acres Mall possesses

all of the attributes of an ideal

retail location. It combines an

exceptional traffic count, great location, and superb

retail demographics resulting in excellent sales.

ver four decades of profitable retail performance

Since it’s opening in 1956, Green Acres Mallhas been highly successful and has offeredremarkable marketing opportunities to itstenants. Total Mall sales have consistentlyexceeded $400 per square foot. Bothlevels of the Mall’s 1,600,000 square footfacility are leased to approximately 200retail establishments.

The existing merchants in the Mall representmany of retailing's most respected names.Anchored by such flagship tenants asMacy’s, Sterns, Sears and JCPenney,Green Acres Mall features a strong retailmix, with a variety of retail stores andcustomer-service oriented businesses.In addition, Green Acres maintains anextensive leasing program that hasattracted over 90 new or renovated storesto the Mall in the past few years.

Adding to the retailing opportunities ofthe complex are the surrounding, welldeveloped “out parcels” including thePlaza at Green Acres that is anchored byKmart and Waldbaum’s. Additional strongdestination retailers in the complexinclude Home Depot, Caldor, NobodyBeats the Wiz, and Kids R Us.

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vast array of America’s distinctive and specialty retailers

An abbreviated listing of Green Acres Mall tenantsinclude:

• JCPenney • Macy’s• Sears • Sterns• Champs • Modell’s• Lane Bryant • Gap/Gap Kids • Lechter’s • Sam Goody• World Footlocker • Payless Shoe Source• KayBee Toys & Hobby • The Disney Store • Aeropostale • Express• Lerner, New York • Limited• Waldenbooks • Victoria’s Secret

In addition, Green Acres Mall has a well-visited foodcourt and other eateries designed to satisfy all customertastes, including:

• McDonald’s • Wendy’s• Friendly’s • Charley’s Steakery• Arthur Treacher’s • Nathan’s Hot Dogs

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retail trade area that features incredible population density

With over 2.4 million residents in a 10 mileradius of the Mall, Green Acres’ retail marketis extremely impressive...representingapproximately 825,000 households havingan average family income of $67,000 anda household income of $57,500. Incidentally,the Mall is located in one of the mostaffluent areas in the nation– an area thatpossesses ten of the wealthiest ZIP codesin the county.

Customers come from a well-educated,solid middle class, diversified population.Green Acres typical customer is urban,female, has children living at home, visitsthe Mall 2-3 a week, and spends in excessof $75 a visit. Surveys have indicatedthat over 12,000,000 shoppers visitGreen Acres Mall each year.

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RETAIL PERFORMANCE HIGHLIGHTS

DEMOGRAPHICS

Annual Sales per Sq Ft of Retail Space

Total mall sales are in excess of $400 per square footwith some retailers approaching $1000 per square foot.

5 mile 10 mile

Population 656,317 2,379,363

Ave. HH Income $63,530 $57,478

xcellent regional accessibility afforded by an extensive highway network

The highly successful Green Acres Mall islocated on the south side of the seven lanedivided Sunrise Highway. This major trafficartery travels the length of Long Island andconnects to New York City.

The Mall is easily accessible for customersthrough convenient public transportation aswell as through major New York City andLong Island highways, including the SouthernState Parkway, the Belt Parkway, and theCross Island Parkway.

Convenient access to the Mall is also providedby the Long Island Railway Station that islocated a short block north of the property.In addition the Mall benefits from JFK Airportthat is located five miles away. “First Stop”shopping of international travelers on extendedlayovers is a frequent occurrence at GreenAcres Mall.

The very recognizable Mall complex providesexcellent visibility from the heavily traveledadjacent highways, as well as from the surroundingretail properties. High recognition is affordedby beautiful landscaping, abundant lighting,and distinctive signage. These features helpmake the Mall a premier shopping destinationwith high retail shopping traffic.

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ustomer attracting retail amenities

Every aspect of Green Acres Mall is designedto create a revitalized shopping experience.High traffic locations can be made availablefor both large and small retailers as well asentertainment and restaurant facilities.Recent renovations create a warm and welcoming greeting to customers.

Other Mall amenities and customer-attracting resources include: coat andpackage checking, enclosed elevators,office and travel services, wheelchair andstroller rentals, banking, information ser-vices, and UPS shipping. The Mall also has16 beautifully designed merchandise andservice kiosks.

The Mall has a professional security staff onduty 24 hours a day. All Mall entranceshave public telephones, and convenientlylocated ATM’s. In addition, various socialand civic seasonal events are held in theMall throughout the year.

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reen Acres Mall...your next retail location

Because of Green Acres strong and varied

retail store mix, the densely populated area,

and the Mall’s excellent geographic location,

new and exciting merchandising opportunities

await your consideration.

You are cordially invited to contact us at

(201) 587-1000 and visit our dynamic complex.

We are confident that Green Acres Mall is your

ideal retail location and that it can lead your

business into the next century and beyond.

For specific leasing or other

information, contact:

Vornado Realty Trust

Park 80 West, Plaza II

Saddle Brook, NJ 07663

Tel: (201) 587-1000

Fax: (201) 587-0600

Park 80 West, Plaza IISaddle Brook, NJ 07663

Tel: (201) 587-1000Fax: (201) 587-0600

R E A L T Y T R U S T