TAX ESCALATION COMPARISION
Year
1000 Stewart Avenue
($)
Alternative Site
($)
1
2.37
6.00
2
2.37
6.48 (.48)
3
2.37
7.00 (1.00)
4
2.44 (.07)
7.56 (1.56)
5
2.54 (.17)
8.16 (2.16)
6
2.64 (.27)
8.82 (2.82)
7
2.75 (.38)
9.52 (3.52)
8
2.86 (.49)
10.28 (4.28)
9
3.00 (.63)
11.11 (5.11)
10
3.15 (.78)
11.99 (5.99)
11
3.31 (.94)
12.95 (6.95)
12
3.48 (1.11)
13.99 (7.99)
13
3.65 (1.28)
15.11 (9.11)
14
3.83 (1.46)
16.312 (10.32)
15
4.02 (1.65)
17.62 (11.62)
Assumption: 8% average escalation on $6.00 per squqare foot taxes for typical alternative office/R&D facility in Nassau County
Brian Cruz
P (516) 677-1719
F (516) 364-6943
brian.cruz@cbre.com
Marianne Dugan
P (516) 677-1741
F (516) 364-6943
Marianne.Dugan@cbre.com
Raymond Ruiz
P (516) 677-1704
F (516) 364-6943
Raymond.Ruiz@cbre.com