The Silk & Halpern Protfolio

Walter & Samuels, Inc. scored a momentous achievement when it formed a strategic alliance with Silk & Halpern Realty Associates, Inc. Concluded in the first quarter of 2001, Silk & Halpern secured Walter & Samuels' asset management expertise, and Walter & Samuels, Inc. gained an ownership stake in the high-quality Silk & Halpern portfolio. It furthermore obtained an affiliation with Richard T. Halpern, the managing partner of Silk & Halpern, who has a long-standing reputation as a superior owner-manager in his own right.

The 500,000-square-foot portfolio of Silk & Halpern buildings provides prospective tenants with quality office space at convenient locations throughout midtown, at affordable market prices.

501 MADISON AVENUE

501 Madison Avenue is a 165,000-square-foot office property whose retail tenants include Georgette Klinger, enticing us with the "world's best facial" since 1941 at this very location. H.L. Purdy's newly renovated flagship optical center on the ground floor services thousands of high-end corporate and professional clients. Abernathy-McGregor, a division of Havas, the fourth-largest advertising firm in the world, chose to locate its headquarters at 501 Madison Avenue. Other prestigious office tenants include the offices of jewelers David Yurman and Oscar Heyman.

425 MADISON AVENUE

MediaCom, one of the world's largest independent strategic media planning and buying agencies, has recently entered into a ten-year lease for the penthouse offices at 425 Madison Avenue. Movie stars flock to the renowned John Sahag's Workshop, whose signature cuts have made this hair guru a mainstay of fashion magazines.

6 EAST 45TH STREET

6 East 45th houses several merchants taking advantage of the building's proximity to the Diamond District. Newcomer retail tenant Gemfish's spectacular window fish tanks stop passersby in their tracks with the stunning array of luxurious tropical fish and aquarium collection. The law firm of Tuchman, Katz, Schwartz, Gelles, Korngold & Weiss specializes in tax certiorari services, presenting superior service to its clients, which include some of the city's most prominent building owners.

136 EAST 57TH STREET

The 57th Street Silk & Halpern building is a stone's throw from some of the most exclusive commercial real estate in the world. Most of the offices on the 19th floor of the 80,000-square-foot property are occupied by doctors and consulting firms.

RICHARD T. HALPERN, LTD.

In addition to serving as the managing member of the Silk & Halpern portfolio, Richard Halpern is the exclusive agent for Tower Records in the eastern United States. Among the sites Mr. Halpern represents are Tower's flagship World Store on Broadway in the East Village, a second at Lincoln Center, and the successfully-negotiated high-profile location at Trump Tower on Fifth Avenue. Mr. Halpern has more than forty years' experience as an innovative real estate broker.

419 Park Avenue South, New York, NY 10016 /// Phone: (212) 685-6200 /// Fax: (212) 685-6429
© Walter & Samuels Inc. 2005