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JONES LANG LASALLE REPORT BROKER OPINION of VALUE for the WESTERN RAIL YARDS Form

JONES LANG LASALLE REPORT BROKER OPINION of VALUE for the WESTERN RAIL YARDS Form

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Brook fields Manhattan West is a 5.4 million square foot commercial development site located on five acres on the west side of Manhattan the site is flanked to the south and north by 31st and 33rd streets and 9th and Dyer avenues to the east and west railroad tracks leading in and out of New York's Penn Station are located partially uncovered 65 feet below grade the first step in the Manhattan West development is covering the open tracks the process begins with excavation of the north and south sides of the site to about 30 feet below grade and the installation of caissons which will provide a platform for the decking to sit upon cap beams are installed creating a track on which the spans of the deck will be moved into place and a load bearing surface for the deck the staging area and the construction of a temporary platform along Dyer Avenue will allow us to work 24/7 on the installation of the deck while the rails operate unimpeded down below on the south side the cap beam continues

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