INVESTMENT STRATEGY - QUALIFIED OPPORTUNITY ZOillE3 • Through RXR's ESM Strategy, RXR has amassed downtown redevelopment projects such as (a) large- scale, single-site, transit-oriented development projects, and (b) m

s in tenants starting up businesses in this location Brought in David Gise. co-founder and executive director of the Center for Social Innovation at RXR's Starrett Lehigh Building as a full time project executive here to oversee the community building and forge community partnerships Value Creation Op

PIPELINE: VILLAGE • Village Square is one of RXR's two projects in the City of Glen Cove (the "City") • The City has nearly 30,000 residents and is located on Long Island's North Shore • The City

everal years and had already assembled a portfolio of developments before the opportunity zone legislation was passed. The Fund is a continuation of RXR's "Emerging Submarket Strategy" of targeting transit-oriented developments in New York City's suburban downtowns and outer boroughs The investments