565 Broome SoHo and ReachNow Announce Car Sharing Program

12/11/17

Luxury Condominium Offers Residents 24-hour Access to On-Site BMW and MINI Vehicles from ReachNow, the BMW Group’s Mobility Services Company -

Bizzi & Partners Development, Aronov Development and Halpern Real Estate Ventures, the development partners behind luxury condominium designed by Renzo Piano Building Workshop 565 Broome SoHo, announced today an engagement with ReachNow, the mobility services division of the BMW Group. Residents of 565 Broome SoHo will have dedicated access to a fleet of ReachNow vehicles inside the building. With this amenity, residents will be able to rent a BMW or MINI vehicle, including the electric BMW i3, on demand by the minute, hour or the day directly through the ReachNow app. 565 Broome SoHo is the first luxury condominium to offer ReachNow’s car sharing service as a building amenity.

“The partnership with ReachNow is another example of our commitment to providing our residents with luxury service and amenities for an unparalleled living experience,” said Davide Bizzi, CEO of Bizzi & Partners Development. “We are focused on minimizing the building’s impact on the environment, and a partnership with a mobility services company, like ReachNow, which has 10 percent of its fleet as electric vehicles, is consistent with our efforts in reducing our carbon footprint. We see this as the future and we are focused on staying ahead of the curve.”

565 Broome SoHo will include 40 parking spots, each of which will be equipped with a full capacity charging station that can serve the electric BMW i3 models included in the fleet of cars provided by ReachNow. ReachNow is the only car sharing company to add electric vehicles (EVs) to the fleet in every market, which is a vital step toward reducing the environmental impact of private cars on the road.

The luxury residential building features more than 17,000 square feet of amenities, including a gated, circular driveway with an automated parking system, providing maximum privacy and security.

“As the first company to build a complete mobility ecosystem, ReachNow is proud to bring our fleet of BMW and MINI vehicles to 565 Broome, which shares our vision that improve mobility for people living in busy, urban cities using a shared fleet of cars,” said Nick Hill, New York Market Manager at ReachNow. “We’re confident that residents of 565 Broome will enjoy the freedom and convenience of on-demand access to cars directly in the building that they do not have to maintain. Whether they need to run a few errands around town or want to get out of town for a long weekend, access to ReachNow in the building will significantly improve mobility for residents.”

Additional amenities at 565 Broome SoHo include a double height RPBW-designed lobby adjacent to the gated motor court, a 24/7 doorman and attended lobby, concierge by LIVunLtd, a 55-foot saltwater lap pool, fitness center, yoga studio, sauna and steam room, media room, landscaped outdoor terrace and a children’s playroom. There is also a glass-enclosed, 90-foot tall green wall with a landscaped lounge and conservatory with a library and wet bar.

Earlier this year, the development team announced an exclusive partnership with TASCHEN, an art, architecture, design and photography book publisher based in New York City. As the exclusive library partner, TASCHEN will curate all books throughout the public spaces of the building, including the lobby and third floor conservatory spaces. TASCHEN will also offer customized library curation services to residents, upon request, a first-of-its-kind “white glove” service between the publisher and a luxury condominium in New York City.

The development team also recently announced a partnership with Think Zero, a consulting firm specializing in waste reduction and diversion planning and implementation. The partnership is a first between Think Zero and a luxury condominium, setting 565 Broome SoHo on track to become one of Manhattan’s first residential Zero Waste buildings.

The RDAI and RPBW-designed triplex sales gallery is located a short distance from 565 Broome Street at 372 West Broadway in SoHo.

For more information, visit www.565BroomeSoho.com

About Bizzi & Partners Development

Bizzi & Partners Development is a global real estate firm with offices in Milan, New York, São Paulo, and Tallinn. Founded by Divide Bizzi in 2000, the firm’s expansive portfolio of residential and commercial properties spans throughout Europe and the Americas with a focus on bringing market-leading, design-driven development into emerging and established locations. Bizzi’s senior management team brings over a century of combined multidisciplinary experience to every facet of development, from design and architecture to finance and construction. The firm’s current projects include an 88-story tower at 125 Greenwich Street in Downtown Manhattan as well as further collaborations with Renzo Piano on Eighty-Seven Park in Miami Beach, and Melanoses: a 10 million square foot mixed-use project in Milan. Previous New York projects include the distinguished 400 Fifth Avenue and the luxury condo conversion at 101 Leonard Street in Tribeca.

About Aronov Development

Aronov Development was established by real estate developer Boris Aronov. The firm has a combined and proven experience of over 20 years in strategic land assemblies, zoning and planning initiatives, development and asset management across a range of sectors. The company’s principals have a comprehensive understanding of the New York and various global real estate markets, ensuring a rapid and accurate appraisal of properties. Aronov Development has access to substantial sources of equity from both corporate and private funding, which is not otherwise available to other developers. Recent New York projects include a 147,000-square-foot luxury residential co-development at 101 Leonard Street.

About Halpern Real Estate Ventures

Halpern Real Estate Ventures is an established boutique real estate investment and operating platform led by a seasoned team of professionals with experience as owners, investors, and capital markets professionals. With an entrepreneurial platform that has sponsor investor and development expertise, Halpern Real Estate Ventures has a proven track record of creating value for investors, partners, and the communities in which they do business. Focused on opportunistic equity and structured investments across multiple asset classes, Halpern Real Estate Ventures has a presence in key markets, including the New York City Metro Area. HREV is a sponsor of multiple ground up developments including mixed-use and residential projects which are nearing completion or currently in development.

About ReachNow

ReachNow is the mobility service division of the BMW Group. Headquartered in Seattle, ReachNow is developing an ecosystem of mobility services that improve mobility for people living in busy, urban cities using a shared fleet of cars. This ecosystem gives members to access hundreds of BMW and MINI cars on demand whether they want to drive or get a ride. In the future, these services will be accessible through one app, giving the member seamless choice between driving a car, getting a ride or renting a car for multiple days. Today, ReachNow is serving more than 75,000 members in Seattle, Portland and Brooklyn with a fleet of more than 1,300 BMW, BMW i and MINI vehicles. Registration for ReachNow is available through the ReachNow app for iPhone and Android. ReachNow is currently offering free lifetime membership (a $39 value) for a limited time. More information available at www.reachnow.com.

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