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V A L L E Y S T R E A M , N Y

M A R K E T P R O F I L E 2 0 1 7

FOR INFORMATION:516-561-7360Macerich.com

PROPERTY TYPE:Regional

TOTAL SQUARE FEET:2,089,000

MAJOR RETAILERS:Green Acres Mall: American Eagle, Best Buy,

Century 21, H&M, House of Hoops by Foot Locker, JCPenney, Macy’s, Old Navy,

Pandora, PINK, Victoria’s Secret, Walmart, ZalesGreen Acres Commons: 24 Hour Fitness,

Burlington, Dick’s Sporting Goods, Homegoods

RESTAURANTS & ENTERTAINMENT:Green Acres Mall: Applebee’s, Chipotle, Olive Garden, Panera Bread, Red LobsterGreen Acres Commons: BJ’s Restaurant

and Brewhouse, Buffalo Wild Wings, Sonic

FOOD COURT:12 units

GREEN ACRES BUILT/RENOVATED: 1956/2007GREEN ACRES COMMONS BUILT: 2016

POPULATION

2016 Total Population 434,460 1,198,168 20,249,968

2021 Total Population 451,062 1,245,706 20,917,210

2016-2021 Population Growth 3.8% 4.0% 3.3%

HOUSEHOLDS

2016 Total Households 132,005 384,592 7,359,361

2021 Total Households 136,164 397,613 7,579,742

2016-2021 Household Growth 3.2% 3.4% 3.0%

INCOME

Average Household Income $86,906 $86,555 $100,098

Median Household Income $69,298 $61,736 $67,326

Per Capita Income $26,612 $28,244 $36,913

HOUSEHOLD INCOME RANGES

$50,000 + 86,568 65.6% 229,475 59.7% 4,530,073 61.6%

$75,000 + 61,805 46.8% 163,339 42.5% 3,412,219 46.4%

$100,000 + 42,608 32.3% 115,686 30.1% 2,550,522 34.7%

$150,000 + 17,360 13.2% 52,575 13.7% 1,369,476 18.6%

AGE

Median Age 38.3 37.6 38.4

EDUCATION/OCCUPATION LEVELS

Bachelor’s Degree Plus 76,859 25.8% 228,410 28.3% 5,342,527 38.3%

White Collar 123,234 56.0% 325,619 56.9% 6,483,547 64.2%

RACE/ETHNICITY

White 61,455 14.1% 360,780 30.1% 11,602,538 57.3%

Black 260,652 60.0% 491,089 41.0% 3,531,810 17.4%

American Indian 3,197 0.7% 8,893 0.7% 99,261 0.5%

Asian 46,554 10.7% 138,830 11.6% 2,252,471 11.1%

Pacific Islander 373 0.1% 1,197 0.1% 10,083 0.0%

Other Race 62,227 14.3% 197,381 16.5% 2,753,805 13.6%

Hispanic or Latino 64,580 14.9% 265,866 22.2% 4,991,202 24.6%

Not Hispanic or Latino 369,880 85.1% 932,302 77.8% 15,258,766 75.4%

DAYTIME EMPLOYMENT

Total Businesses 9,505 32,079 862,020

Total Employees 83,945 327,670 10,388,399

Source: U.S. Census Bureau. ESRI 2016

NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA [MSA]

DEMOGRAPHIC SUMMARY

PRIMARY TRADE AREA TOTAL TRADE AREA

GreenAcres

TRADE AREA MAP

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SECONDARY TRADE AREA

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SITE PLAN

UPDATED 3/17

VALLEY STREAM, NY

MARKET FACT SHEET

THE FIVE TOWNS, N.Y., A PROSPEROUS

SUB-MARKET ADJACENT TO GREEN ACRES MALL,

HAD AN AVERAGE HOUSEHOLD INCOME

OF OVER $150,000 IN 2016

MALL LOCATED 4 MILES FROM JFK

INTERNATIONAL AIRPORT

JFK CONTRIBUTES TO ABOUT $37.3 BILLION IN

ECONOMIC ACTIVITY WITH 53.2 MILLION

PASSENGERS ANNUALLY

GREEN ACRES COMMONS LOCATION WAS A DRIVE-IN

THEATER IN THE 1940S BEFORE IT WAS DEMOLISHED AND REBUILT

AS A MULTIPLEX INDOOR THEATER. SUNRISE MULTIPLEX THEATER WAS

DEMOLISHED IN 2015, TO BUILD THE NEW GREEN ACRES COMMONS

SHOPPING MALL

5.9 MILLION ANNUAL RIDERS

ON THE FAR ROCKAWAY

LONG ISLAND COMMUTER LINE

LOCATED IN NASSAU COUNTY BUT ALSO SERVES QUEENS & BROOKLYN COUNTIES (WITHIN A 5-MILE RADIUS)

60,000 CARS TRAVEL IN FRONT OF GREEN ACRES MALL ON SUNRISE HIGHWAY EVERY DAY

MILLIONS INVESTED IN A DEVELOPMENT OF GREEN ACRES COMMONS TO BE COMPLETED BY END OF 2017 WITH AN ADDITION OF 350,000 SQUARE FEET OF RETAIL SPACE, RESTAURANTS, AMPLE PARKING AND FITNESS FACILITY

IMPROVEMENTS TO GREEN ACRES MALL, INCLUDING STREET-SIDE ENTRANCES, NEW SECURITY EQUIPMENT, LIGHTING, SEATING, TRUCK TUNNEL WORK AND A NEW ROOF

15 MILLION VISITORS ANNUALLY TO GREEN ACRES CAMPUS THAT HAS MORE THAN 2.1 MILLION SQUARE FEET OF GLA

YEARLY SALES

JAN 6.1%

FEB 7.2%

MAR 8.2%

APR 7.5%

MAY 7.7%

JUN 8.9%

JUL 7.8%

AUG 7.7%

SEP 8.5%

OCT 8.1%

NOV 9.0%

DEC 13.2%

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