The document summarizes a presentation made to the NTMA Board of Trustees regarding the recommendation to sell the NTMA office building. Key points include: the building is deteriorating and in need of extensive and expensive repairs; the area has declined posing safety issues for employees; being a landlord is problematic and not financially beneficial; leasing office space better meets NTMA's current and future organizational needs based on a cost-benefit analysis; and selling the building would allow NTMA to strategically plan for its future space and location needs.

1. BOARD OF TRUSTEES’ PRESENTATION NTMA 2007 FALL CONFERENCE PITTSBURGH, PA SUNDAY, OCTOBER 14, 2007 9:00 – 11:00 am Renaissance Pittsburgh Hotel, Pittsburgh, PA NTMA Office Building 9300 Livingston Road Ft. Washington, MD 20744

3. Original Wing Built in 1972

4. Second Wing Built in 1982

8. Auditorium – several floods, water damage, wall damage, mold damage

9. Auditorium (after mold remediation)

10. Parking Lot

13. Overgrown trees – rear view of lobby and executive office

14. Overgrown Trees

16. Leaking Windows – Lobby and Atrium

17. Windows-Replacements Required

18. Windows-Replacements Required

19. Windows-Seals Required Throughout

20. Ceiling Water Damage

21. Mechanical Room – Water Damage

23. Ground Sink Around Foundation

24. Broken Stairwell Doors

25. Flooding: Temporary Fix of Drainage

26. Broken Stair Rails & Debris

32. Street View

33. Vandalism

34. Vagrants living on property

39. Property Management – flooded lobby cleaned by staff

42. Proposed Future Office Floor Plan (10,000 sq. ft)