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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 9

FOR INFORMATION:516-561-7360Macerich.com

PROPERTY TYPE:Regional

TOTAL SQUARE FEET:2,081,000

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

2018 Total Population 437,467 1,206,606 20,477,969

2023 Total Population 446,261 1,234,442 21,025,868

2018-2023 Population Growth 2.0% 2.3% 2.7%

HOUSEHOLDS

2018 Total Households 132,047 384,728 7,420,036

2023 Total Households 133,862 391,281 7,595,980

2018-2023 Household Growth 1.4% 1.7% 2.4%

INCOME

Average Household Income $94,665 $94,474 $108,893

Median Household Income $76,957 $68,020 $74,510

Per Capita Income $28,775 $30,589 $39,984

HOUSEHOLD INCOME RANGES

$50,000 + 91,337 69.2% 241,963 62.9% 4,768,471 64.3%

$75,000 + 68,156 51.6% 178,847 46.5% 3,694,687 49.8%

$100,000 + 47,788 36.2% 129,274 33.6% 2,823,655 38.1%

$150,000 + 20,882 15.8% 63,071 16.4% 1,606,727 21.7%

AGE

Median Age 38.6 37.9 38.7

EDUCATION / OCCUPATION

Bachelor’s Degree Plus 80,692 26.5% 239,966 29.1% 5,647,833 39.7%

White Collar 124,733 56.2% 327,974 57.0% 6,500,847 64.5%

RACE / ETHNICITY

White 59,900 13.7% 355,926 29.5% 11,610,363 56.7%

Black 262,029 59.9% 495,011 41.0% 3,573,024 17.4%

American Indian 3,183 0.7% 8,818 0.7% 100,340 0.5%

Asian 48,589 11.1% 145,115 12.0% 2,347,637 11.5%

Pacific Islander 375 0.1% 1,152 0.1% 9,966 0.0%

Other Race 63,391 14.5% 200,582 16.6% 2,836,639 13.9%

Hispanic or Latino 65,049 14.9% 268,007 22.2% 5,129,523 25.0%

Not Hispanic or Latino 372,417 85.1% 938,599 77.8% 15,348,446 75.0%

EMPLOYMENT / DAYTIME POPULATION 1 MILE 3 MILE 5 MILE

Total Businesses 1,080 7,541 18,803

Total Employees 11,062 77,416 206,066

Daytime Population 29,377 220,046 608,750

Source: U.S. Census Bureau. ESRI 2018

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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UPDATED 3/19

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 ABOUT $37.3 BILLION IN

ECONOMIC ACTIVITY WITH 53.2 MILLION

PASSENGERS ANNUALLY

GREEN ACRES MALL HAS THREE MAJOR BUS LINES

THAT SERVICE SHOPPERS, THE Q5 GREEN ACRES,

THE Q85 GREEN ACRES AND THE N1

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 COMPLETED IN 2017 WITH AN ADDITION OF 350,000 SQUARE FEET OF RETAIL SPACE, RESTAURANTS, AMPLE PARKING AND FITNESS FACILITY

IMPROVEMENTS TO GREEN ACRES MALL, INCLUDED 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 6.5%

FEB 7.2%

MAR 8.2%

APR 7.7%

MAY 8.2%

JUN 9.2%

JUL 7.8%

AUG 8.1%

SEP 8.2%

OCT 7.6%

NOV 8.8%

DEC 12.5%

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