Org Chart — 21 East 26th Street No individual owns more than 10% of Lofts 21 LLC through the Ryder 10% + Interests: Madison LLC Class B interest David Mitchell — 21.14% Individual Ryder Madison LLC — 14.29% David J. FT Real Investors Baiit K LLC — 12.86% Mitchell Estate, Inc. 100% New Valley LLC — 12.86% 70.0% 30.0% No individual owns more than 10% of Lofts 21 LLC through the Ryder Madison, Baiit K, or New Valley 1 Class A interests AdvanceStar LLC Ryder Madison LLC Individual and Entity Investors (DE — Managing Member) (NY — Class B Member) (NY — Class A Members) 0% 0% 100% Lofts 21 LLC (NY) MadisonPark Real Estate Company LLC (NY) 35894 ,3 21 East 26th Street, New York, New York EFTA00611756

