Trinity Place Holdings and Pacolet Milliken Acquire Brooklyn Building New Luxury Williamsburg Residential Tower Purchased for $68.8 Million

NEW YORK, NY (December 5, 2016). Trinity Place Holdings, Inc. (NYSE: TPHS) announced today that in a joint
venture with Pacolet Milliken Enterprises, Inc. they have closed on the acquisition of The Berkley, a newly
built, market-leading 95-unit apartment building in Williamsburg, Brooklyn for $68.875 million. The purchase
was capitalized by a $42.5 million interest-only senior loan from Freddie Mac at a spread of 216 basis points
above LIBOR.

Located in North Williamsburg, Brooklyn at 223 North 8th Street, The Berkley is just two blocks from the
Bedford Avenue L subway station and a short walk from the Metropolitan Avenue G subway station and J, M,
and Z trains at Marcy Avenue.

With spectacular views of the Manhattan skyline, The Berkley is widely considered to be Williamsburg’s
premier rental property. Apartments feature top-of-the-line unit finishes including Bertazzoni and Bosch
appliances, in-unit washers and dryers, individual HVAC controls, walk-in closets, 9-10’ ceilings and wide plank
hardwood flooring and most of the of units feature private outdoor space. In addition, The Berkley offers a full
amenity package including a rooftop sun-deck lounge, a two-story fitness center, an outdoor yoga lawn, an
outdoor central courtyard, tenant storage, parking, and spectacular views of the Manhattan skyline. The
property benefits from a 25-year 421a real estate tax abatement.

“We are excited to participate in Williamsburg’s continued renaissance and evolution as a choice
neighborhood for New Yorkers, as well as an increasingly desirable destination for institutional investment,”
stated Matthew Messinger, CEO and President of Trinity Place Holdings. “Just as Williamsburg embodies the
vibrancy, innovation and creativity of Brooklyn, The Berkley’s high-quality design celebrates the
neighborhood’s industrial character and offers an unparalleled lifestyle in a sought after, supply constrained
market within minutes of Manhattan,” he continued. “Also, we fully expect that this investment with Pacolet
Milliken is the beginning of a long-term partnership strategy with one of the nation’s leading family-owned
real estate firms.”

“We are excited to kick off our partnership with Trinity Place Holdings with the acquisition of this trophy
quality asset in one of New York’s most desirable neighborhoods,” stated Brent Abbott, Vice President and
Director of Acquisitions at Pacolet Milliken Enterprises.
For the Pacolet Milliken investment team, led by Clay Adams, Executive Vice President for Real Estate, and Mr.
Abbott, this represents the firm’s second significant investment in Brooklyn this year and advances Pacolet’s
strategy of investing in core-quality real estate with a value creation story. In this case, the continued growth
of the high-end Williamsburg submarket, the increasing 24-7 mixed-use independence of Brooklyn, and the
planned public investment of approximately $1 billion in nearby subway improvements combine to make this
a compelling long term investment opportunity.

Website: theberkleybk.com

About TPHS
Trinity Place Holdings Inc. (the “Company”) is a real estate holding, investment and asset management
company. The Company’s business is primarily to own, invest in, manage, develop and/or redevelop real
estate assets and/or real estate related securities. Currently, the Company is developing a mixed-use
condominium at 77 Greenwich Street (aka 28-42 Trinity Place) in Lower Manhattan, which is one of Lower
Manhattan’s premier development sites. The Company also owns a shopping center located in West Palm
Beach, Florida and retail boxes in Westbury, New York and Paramus, New Jersey. Trinity Place Holdings’
intellectual property includes rights related to the Filene’s Basement trademarks. In addition, the Company
also has over $225 million of Federal tax net operating losses. The Company’s shares are listed for trading on
the NYSE MKT under the symbol TPHS. Many of its current assets are the legacy of certain Syms Corp. and
Filene’s Basement holdings as a result of those companies having emerged from Chapter 11 bankruptcy under
a plan of reorganization in September 2012. More information on the Company can be found at
www.trinityplaceholdings.com.

About Pacolet Milliken Enterprises, Inc.
Pacolet Milliken Enterprises, Inc. is a private, family-owned investment company founded in 2007 by the
shareholders of Milliken & Company with a forward-looking mission to secure and grow high-quality assets
with enduring value in the energy and real estate markets. For more information, please visit
www.pacoletmilliken.com.

Walmart, Tire Kingdom give new life to The Shoppes of Forest Hill By Kevin D. Thompson – Palm Beach Post Staff Writer

Posted: 4:20 p.m. Friday, Aug. 12, 2016

PALM SPRINGS — Amy Kimball has worked at the hair salon Supercuts in the shopping plaza on Forest Hill Boulevard and
Military Trail for 16 years.

For decades, Syms, the defunct discount clothing retailer that filed for bankruptcy in 2011, was the anchor tenant at The
Shoppes of Forest Hill, drawing all sorts of traffic to the site. But when Syms closed, the plaza suffered and was on life
support. “It was just wasting away,” Kimball said. “If it wasn’t for us, I don’t know if the center would’ve survived. The whole
neighborhood knows us.”

Over the past two years, Trinity Place Holdings, the New York-based real estate company that now owns the 112,000-
square-foot site, has invested several million dollars into the plaza to make sure it not only survives, but thrives.
“The center has pretty good bones,” said Matthew Messinger, president and CEO of Trinity Place Holdings. “A lot of what
was needed was some TLC, cosmetic and beautification changes.”

The company painted the facade, upgraded the landscaping, installed new roofs, lighting, re-striped the parking lot, added
more signs. Messinger wouldn’t give the exact amount the company spent. “It was more than $2 million and less than $5
million,” he said. “This site had been a little neglected. It became a place where people would drive by and wonder what was
going on.”

In June, two brand name tenants moved in — a Walmart Neighborhood Market, the company’s grocery store format, and Tire
Kingdom. They joined Boston Market, Taco Bell, Wells Fargo and Rent-A-Center, tenants for several years.

“Walmart and Tire Kingdom appeal to all sorts of people,” Messinger said. “They’ll draw traffic to the center and it should be a
cascading effect.” The 42,000-square-foot Walmart market is the eighth to open in Palm Beach County, according to Adriana
Perdira-Reyes, the company’s director of public affairs and governmental relations in Florida. “We try to go into area that are
underserved and needs revitalization,” Perdira-Reyes said. “By putting a store in that area, we can contribute to the
neighborhood’s improvement.”

The company said it wanted to open a grocery store in Palm Springs because it’s a high traffic area, 80,000 residents live
within 2 miles of the store and there are limited shopping alternatives in the area.

The store features a drive-thru pharmacy and a custom gourmet pizza station that allows customers to make pizzas on site.
Messinger said the plaza has 18 tenants. There’s still about 30,000-square-feet of vacant space. Messinger said he hopes to
fill those empty spaces with medical companies and service firms, which can range from a nail salon to a nutrition place.
“The priority is to get the larger spaces rented,” Messinger said.

Kimball said she likes what’s happening at the plaza, an eyesore for too long. “It’s much prettier when I come to work now,”
she said. “There’s new life in the plaza. Just look at all the cars in the parking lot.”

Trinity Place Holdings Inc., Announces Plans for 285,000-Square-Foot Project At 77 Greenwich Street in Lower Manhattan Mixed-Use Development to Include a 476-Seat Elementary School, Retail Space and Luxury Residential Condominiums Overlooking New York Harbor

Contacts: Nikki Buccina, Quinn, 212-868-1900, ext. 387; nbuccina@quinn.pr
Cassandra Small, Quinn, 212-868-1900, ext. 393; csmall@quinn.pr

NEW YORK, NY – JAN. 27, 2016 – Trinity Place Holdings Inc. (NYSE:TPHS), a real estate investment
company, today announces its plans for a 285,000-square-foot, mixed-use development project at 77
Greenwich Street in New York City’s Financial District neighborhood. The plans call for approximately 85
luxury residential condominiums and 7,000 square feet of retail space on Greenwich Street, as well as the
recently announced 476-seat elementary school serving District 2.

“We are happy to share that we anticipate construction of the project starting this year,” stated Matthew
Messinger, President & CEO of Trinity Place Holdings Inc., owner and developer of the 77 Greenwich
Street project. “We are also proud to be working with the New York City School Construction Authority in
connection with their efforts to bring a much needed new public school to Lower Manhattan. As
Downtown Manhattan continues to see more than $30 billion of public and private investments come to
fruition, we expect 77 Greenwich to be the latest milestone in the neighborhood’s evolution as a highly
desirable live-work community.”

FXFOWLE Architects has designed the mixed-use tower, which is slated to rise approximately 500 feet in
the air and will feature a pleated glass curtainwall above a limestone base. Deborah Berke Partners is
designing the residential interiors. The Marketing Directors will lead the marketing and sales effort for the
luxury condominium residences.

Messinger continued, “What makes the residential component unique is that all condominium residences
will start at an elevation of 150 feet, sitting above the school, allowing for panoramic views of New York
Harbor, the Hudson River as well as the New York City skyline from every home in the building.”
Slated for completion in 2019, the development site is comprised of the former Syms clothing store and
the 19th-century landmarked Dickey House, a federal style townhouse constructed in the early 1800s.
Project plans call for the Dickey House exterior to be meticulously restored and the interiors adaptively
reused.

Strategically located in Lower Manhattan, 77 Greenwich is ideally situated in close proximity to many of
NYC’s most coveted destinations including the World Trade Center, South Street Seaport, Battery Park
City, Brookfield Place, Wall Street and its luxury shops and restaurants including Saks Fifth Avenue,
Burberry, Hermes and Tiffany & Co., to name a few. In addition, future residents at 77 Greenwich will
have the opportunity to live steps away from Nobu, Le District, Hudson Eats and Mario Batali’s Eataly.
The development site is also located steps away from what will be the newly expanded and landscaped
Elizabeth Berger Park as well as ample green space and recreational destinations including the Hudson
River Greenway, Battery Park, Battery Park City and the East River Bikeway. The 1, R, 2, 3, 4, 5 and
PATH trains provide easy access for all future residents and students.

For more information, visit www.trinityplaceholdings.com.

About Trinity Place Holdings Inc.
Trinity Place Holdings Inc. (the “Company”) is a real estate holding, investment and asset management company.
The Company’s business is primarily to own, invest in, manage, develop and/or redevelop real estate assets and/or
real estate related securities. Currently, the Company’s principal asset is a property located at 77 Greenwich Street
(aka 28-42 Trinity Place) in Lower Manhattan, sometimes referred to as the Trinity Place Property, and one of Lower
Manhattan’s premier development sites. The Company also owns a shopping center located in West Palm Beach,
Florida and retail boxes in Westbury, New York and Paramus, New Jersey. Trinity intellectual property includes rights
related to the Filene’s Basement trademarks. In addition, the Company also has approximately $219.0 million of
Federal net operating losses. The Company’s shares are listed for trading on the NYSE MKT under the symbol
TPHS. Its current assets are the legacy of certain Syms Corp. and Filene’s Basement holdings as a result of those
companies having emerged from Chapter 11 bankruptcy under a plan of reorganization in September 2012. More
information on the Company can be found at www.trinityplaceholdings.com.

Forward Looking Statements
This release includes “forward-looking statements” which can be identified by the fact that they do not relate strictly to
historical or current facts. These statements contain words such as “may,” “will,” “expect,” or the negative or other
variations thereof or comparable terminology. These forward-looking statements are based on current expectations
and projections about future events. Investors are cautioned that forward-looking statements are not guarantees of
future performance or results and involve risks and uncertainties that cannot be predicted or quantified, and,
consequently, the actual performance of the Company may differ materially from those expressed or implied by such
forward-looking statements. Such risks and uncertainties include, but are not limited to, that the Company and the
School Construction Authority have not yet entered into a binding agreement regarding the proposed new school,
construction of the project is not yet financed and other risks generally associated with significant mixed use
developments in New York City. As a result, the project may not be completed as planned or at all, as well as other
risks related to the factors described from time to time in the Company’s reports filed with the Securities and
Exchange Commission. Any forward-looking statements are made pursuant to the Private Securities Litigation
Reform Act of 1995 and, as such, speak only as of the date made. The Company disclaims any obligation to update
the forward-looking statements.

 

Trinity Place Holdings Highlights Recent NYSE MKT Listing with NYSE Opening Bell on Jan. 5

Who Trinity Place Holdings, Inc. led by CEO Matt Messinger and members of the
company’s leadership team and board of directors.

What Ringing of the NYSE Opening Bell® to celebrate the company’s listing on
NYSE MKT on December 21, 2015 under the ticker symbol TPHS.

When Tuesday, January 5, 2015
9:30 a.m. ET – NYSE Opening Bell rings

Where New York Stock Exchange Logistics

About Trinity Place Holdings, Inc.
Trinity Place Holdings Inc., together with its wholly owned subsidiaries, is a
real estate holding, investment and asset management company. The
Company’s business is primarily to own, invest in, manage, develop and/or
redevelop real estate assets and/or real estate related securities. Currently,
the Company’s principal asset is a property located at 28-42 Trinity Place in
Lower Manhattan, referred to as the Trinity Place Property, and one of
Lower Manhattan’s premier development sites. The Company also owns a
shopping center located in West Palm Beach, Florida and retail boxes in
Westbury, New York and Paramus, New Jersey. Trinity also controls certain
intellectual property including the rights related to the Filene’s Basement
trademarks. In addition, the Company has approximately $213.0 million of
Federal net operating losses. The Company’s current assets are the legacy
of certain Syms Corp. and Filene’s Basement holdings as a result of those
companies having emerged from Chapter 11 bankruptcy under a plan of
reorganization in September 2012. More information on the Company can
be found at www.trinityplaceholdings.com.

Trinity Place Holdings Inc. to List on NYSE MKT

NEW YORK, December 16, 2015 – Trinity Place Holdings Inc. (the “Company”) announced
today that its common stock has been approved for listing on the NYSE MKT LLC, subject to
continued satisfaction of listing requirements. The Company’s common stock will begin trading
on the NYSE MKT LLC under the ticker symbol “TPHS” on Monday, December 21, 2015.
“This is another important milestone for the Company, following on the successful completion of
our recent rights offering”, said Matt Messinger, Chief Executive Officer of Trinity Place
Holdings Inc. “We have made significant progress since emerging from bankruptcy and are
nearing the completion of our plan to transform into a real estate investment company. We
expect that trading our shares on the NYSE will directly benefit our shareholders both by
improving the liquidity of their investment and enhancing our corporate profile amongst
potential investors and prospective partners.”

About Trinity Place Holdings, Inc.
Trinity Place Holdings Inc., together with its wholly owned subsidiaries, is a real estate holding,
investment and asset management company. The Company’s business is primarily to own, invest
in, manage, develop and/or redevelop real estate assets and/or real estate related securities.
Currently, the Company’s principal asset is a property located at 28-42 Trinity Place in Lower
Manhattan, referred to as the Trinity Place Property, and one of Lower Manhattan’s premier
development sites. The Company also owns a shopping center located in West Palm Beach,
Florida and retail boxes in Westbury, New York and Paramus, New Jersey. Trinity intellectual
property includes rights related to the Filene’s Basement trademarks. In addition, the Company
also has approximately $213.0 million of Federal net operating losses. The Company is currently
traded OTC under the symbol TPHS. Its current assets are the legacy of certain Syms Corp. and
Filene’s Basement holdings as a result of those companies having emerged from Chapter 11
bankruptcy under a plan of reorganization in September 2012. More information on the
Company can be found at www.trinityplaceholdings.com.

Forward Looking Statements
This release includes “forward-looking statements” which can be identified by the fact that they
do not relate strictly to historical or current facts. These statements contain words such as “may,”
“will,” “expect,” or the negative or other variations thereof or comparable terminology. These
forward-looking statements are based on current expectations and projections about future
events. Investors are cautioned that forward-looking statements are not guarantees of future
performance or results and involve risks and uncertainties that cannot be predicted or quantified,
and, consequently, the actual performance of the Company may differ materially from those
expressed or implied by such forward-looking statements. Such risks and uncertainties include,
but are not limited to, risks related to the factors described from time to time in the Company’s
reports filed with the Securities and Exchange Commission. Any forward-looking statements are
made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only
as of the date made. The Company disclaims any obligation to update the forward-looking
statements.

Contacts
Trinity Place Holdings Inc.
Linda Flynn, 212-235-2191
Linda.Flynn@tphs.com

Trinity Place Holdings Inc. Announces Final Results of Rights Offering

NEW YORK, December 8, 2015 – Trinity Place Holdings Inc. (the “Company”) (OTC: TPHS) announced today the
final results of its previously announced backstopped rights offering for 5,000,000 shares of common stock at a
subscription price of $6.00 per share. An aggregate of 3,327,784 shares are being issued pursuant to the rights
offering at an aggregate purchase price of $19,966,704, including shares to be issued to MFP Partners, L.P. (“MFP”)
and Third Avenue Trust, on behalf of Third Avenue Real Estate Value Fund pursuant to the exercise of their
respective basic subscription privileges, and an additional 1,672,216 shares are being issued to MFP pursuant to its
standby purchase arrangement under its Investment Agreement with the Company, for a purchase price of
$10,033,296. In connection with the Investment Agreement, the Standby Purchaser was granted a
minimum$10,000,000 investment, exclusive of their basic subscription rights. Subsequent to the offering, MFP
holds an 11.6% interest in the Company. The Company received gross proceeds of $30,000,000 from the rights
offering and under the investment agreement. A total of 25,240,878 shares of common stock will be issued and
outstanding once all new shares have been delivered.

“We are excited with the success of our rights offering and the broad range of investors who participated, inclusive
of individual and institutional investors, and are pleased that we were able to accommodate all oversubscription
requests.” Matt Messinger, chief executive officer, continued, “the proceeds from the offering will provide liquidity
for working capital as we continue to strengthen our balance sheet and pursue investment opportunities both within
and outside the existing portfolio. We thank MFP Partners, L.P. for their support in backstopping this offering as
well as all our other shareholders who participated.”

The rights offering was made pursuant to a Registration Statement on Form S-3 that was filed with the Securities
and Exchange Commission and became effective on November 4, 2015. For questions about the rights offering,
contact D.F. King & Co., Inc., the information agent for the rights offering, at (866) 796-7180.

About Trinity Place Holdings Inc.
Trinity Place Holdings Inc., together with its wholly owned subsidiaries, is a real estate holding, investment and
asset management company. The Company’s business is primarily to own, invest in, manage, develop and/or
redevelop real estate assets and/or real estate related securities. Currently, the Company’s principal asset is a
property located at 28-42 Trinity Place in Lower Manhattan, referred to as the Trinity Place Property, and one of
Lower Manhattan’s premier development sites. The Company also owns a shopping center located in West Palm
Beach, Florida and retail boxes in Westbury, New York and Paramus, New Jersey. The Company’s intellectual
property includes rights related to the Filene’s Basement trademarks. In addition, the Company also has
approximately $213.0 million of Federal net operating losses. The Company is currently traded OTC under the
symbol TPHS. Its current assets are the legacy of certain Syms Corp. and Filene’s Basement holdings as a result of
those companies having emerged from Chapter 11 bankruptcy under a plan of reorganization in September 2012.
More information on the Company can be found at www.trinityplaceholdings.com.

Forward Looking Statements
This release includes “forward-looking statements” which can be identified by the fact that they do not relate strictly
to historical or current facts. These statements contain words such as “may,” “will,” “expect,” or the negative or
other variations thereof or comparable terminology. These forward-looking statements are based on current
expectations and projections about future events. Investors are cautioned that forward-looking statements are not
guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or
quantified, and, consequently, the actual performance of the Company may differ materially from those expressed or
implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, risks related
to the Company’s limited operating history; the Company’s ability to execute its business plan; risks associated with
investments in owned and leased real estate generally; unanticipated difficulties which may arise with respect to the
Company and the other factors described from time to time in the Company’s reports filed with the Securities and
Exchange Commission. Any forward-looking statements are made pursuant to the Private Securities Litigation
Reform Act of 1995 and, as such, speak only as of the date made. The Company disclaims any obligation to update
the forward-looking statements.

Contacts
Trinity Place Holdings Inc.
Linda Flynn, 212-235-2191
Linda.Flynn@tphs.com

Trinity Place Holdings Inc. Extends Rights Offering Expiration Date To Thursday, December 3, 2015

NEW YORK – Trinity Place Holdings Inc. (the “Company”) (OTC: TPHS) announced today that it has extended
the expiration date for its rights offering from Monday, November 30, 2015 to Thursday, December 3, 2015. The
subscription rights issued by the Company may now be exercised at any time prior to 5:00 p.m. New York City time
on Thursday, December 3, 2015.

Under the terms of the rights offering, the Company distributed 0.248362 non-transferable subscription rights to
purchase shares of its common stock, for each share of its common stock held by a stockholder as of 5:00 p.m., New
York time on the record date of November 4, 2015, as more fully described in the prospectus relating to the rights
offering. Each whole subscription right entitles the holder to purchase one share of common stock at a subscription
price equal to $6.00 per share. Holders as of the record date that exercise their basic subscription rights in full also
have oversubscription rights, pursuant to which they may be able to purchase additional shares at the subscription
price to the extent that not all subscription rights are exercised, subject to certain limitations and as more fully
described in the prospectus.

During the extended subscription period for the rights offering, each holder of non-transferrable subscription rights
may exercise those rights that have not already been exercised. Other than the extension of the expiration date of the
rights offering, all of the offering terms described in the prospectus dated November 5, 2015 remain the same and
apply during the extended subscription period of the rights offering.

The Company has engaged D.F. King & Co., Inc. to act as information agent with respect to the rights offering. For
questions regarding the rights offering, or to obtain copies of the rights offering prospectus and any related
materials, please contact D.F. King & Co., Inc. at (866) 796-7180.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale
of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.

About Trinity Place Holdings Inc.
Trinity Place Holdings currently has significant real estate in three states, a variety of consumer-sector intellectual
property rights and significant net operating losses. Trinity’s assets include real estate in the Westbury, New York,
Paramus, New Jersey, and West Palm Beach, Florida markets, as well as “Trinity Place,” one of Lower Manhattan’s
premier development sites. Trinity intellectual property includes rights related to the Filene’s Basement trademarks.
The company is currently traded OTC under the symbol TPHS. Its current assets are the legacy of certain Syms
Corp. and Filene’s Basement holdings as a result of those companies having emerged from Chapter 11 bankruptcy
under a plan of reorganization in September 2012. More information on the Company can be found at
www.trinityplaceholdings.com.

Forward Looking Statements
This release includes “forward-looking statements” which can be identified by the fact that they do not relate strictly
to historical or current facts. These statements contain words such as “may,” “will,” “expect,” or the negative or
other variations thereof or comparable terminology. These forward-looking statements are based on current
expectations and projections about future events. Investors are cautioned that forward-looking statements are not
guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or
quantified, and, consequently, the actual performance of the Company may differ materially from those expressed or
implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, risks related
to the closing of the rights offering, the Company’s limited operating history; the Company’s ability to execute its
business plan; risks associated with investments in owned and leased real estate generally; unanticipated difficulties
which may arise with respect to the Company and the other factors described from time to time in the Company’s
reports filed with the Securities and Exchange Commission. Any forward-looking statements are made pursuant to
the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company
disclaims any obligation to update the forward-looking statements.

Contacts
Trinity Place Holdings Inc.
Linda Flynn, 212-235-2191
Linda.Flynn@tphs.com

Trinity Place Holdings Inc. Announces Commencement of Rights Offering

NEW YORK – Trinity Place Holdings Inc. (the “Company”) (OTC: TPHS) announced today that it has commenced
its previously disclosed $30.0 million rights offering. Under the terms of the rights offering, the Company will
distribute 0.248362 non-transferable subscription rights to purchase shares of its common stock, for each share of its
common stock held by a stockholder as of 5:00 p.m., New York time on the record date of November 4, 2015, as
more fully described in the prospectus relating to the rights offering. Each whole subscription right will entitle the
holder to purchase one share of common stock at a subscription price equal to $6.00 per share. Holders as of the
record date that exercise their basic subscription rights in full will also have oversubscription rights, pursuant to
which they may be able to purchase additional shares at the subscription price to the extent that not all subscription
rights are exercised, subject to certain limitations and as more fully described in the prospectus. The subscription
rights may be exercised until 5:00 p.m. New York time, on November 30, 2015. As discussed in the prospectus
related to the rights offering, the Company has entered into agreements with two existing stockholders pursuant to
which one will serve as standby purchaser and the other has agreed to purchase at least its pro rata share of common
stock in the rights offering, in each case, pursuant to the terms and conditions of the applicable agreements and as
further described in the prospectus.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale
of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.

About Trinity Place Holdings, Inc.
Trinity Place Holdings currently has significant real estate in three states, a variety of consumer-sector intellectual
property rights and significant net operating losses. Trinity’s assets include real estate in the Westbury, New York,
Paramus, New Jersey, and West Palm Beach, Florida markets, as well as “Trinity Place,” one of Lower Manhattan’s
premier development sites. Trinity intellectual property includes rights related to the Filene’s Basement trademarks.
The company is currently traded OTC under the symbol TPHS. Its current assets are the legacy of certain Syms
Corp. and Filene’s Basement holdings as a result of those companies having emerged from Chapter 11 bankruptcy
under a plan of reorganization in September 2012. More information on the Company can be found at
www.trinityplaceholdings.com.

Forward Looking Statements
This release includes “forward-looking statements” which can be identified by the fact that they do not relate strictly
to historical or current facts. These statements contain words such as “may,” “will,” “expect,” or the negative or
other variations thereof or comparable terminology. These forward-looking statements are based on current
expectations and projections about future events. Investors are cautioned that forward-looking statements are not
guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or
quantified, and, consequently, the actual performance of the Company may differ materially from those expressed or
implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, risks related
to the closing of the rights offering, the Company’s limited operating history; the Company’s ability to execute its
business plan; risks associated with investments in owned and leased real estate generally; unanticipated difficulties
which may arise with respect to the Company and the other factors described from time to time in the Company’s
reports filed with the Securities and Exchange Commission. Any forward-looking statements are made pursuant to
the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company
disclaims any obligation to update the forward-looking statements.

Contacts
Trinity Place Holdings Inc.
Linda Flynn, 212-235-2191
Linda.Flynn@tphs.com

Trinity Brings Walmart Neighborhood Market to Palm Springs Affordable Grocery Options and New Jobs Come to South Florida

NEW YORK, NY (August 6, 2015).

Trinity Place Holdings Inc. (“Trinity”) [OTC:TPHS] announced
today that it has executed a long-term lease with Walmart Stores for a Walmart Neighborhood Market for
its Shoppes at Forest Hill shopping center located at the busy intersection of Forest Hill Boulevard and
South Military Trail in the Village of Palm Springs.

The Walmart Neighborhood Market, the company’s grocery store format, will occupy 42,000 square feet
and become the anchor to the 112,000 square foot center which includes such well-known national tenants
as Taco Bell and Boston Market as well as a strong mix of local convenience retail and medical uses. In
concert with the Marketplace tenancy, Trinity will refurbish the façade and parking areas. The addition of
Walmart to the tenant roster solidifies the shopping center’s institutional quality.

“We are excited to meet the need of this area for fresh affordable items at such a convenient location,”
stated Bill Wertz, Director of Communications for Walmart.

“Trinity is not only happy to welcome the Walmart Neighborhood Market as the centerpiece of our
repositioned center, but to be able to provide Palm Springs with real options for quality and affordable
groceries,” said Matt Messinger, President & CEO of Trinity Place Holdings Inc.

The Walmart Neighborhood Market is expected to open in the Spring of 2016 and will bring
approximately 95 new jobs to the area. The store will provide the Village of Palm Springs residents with
low prices on a broad assortment of merchandise including fresh produce and meats, frozen foods,
groceries as well as pharmacy products.

David Lipp of Atlantic Commercial Group Inc. and David Emihovich of Katz & Associates were the
broker and the agent, respectively, for the transaction.

About Trinity Place Holdings Inc.
Trinity Place Holdings Inc. currently has significant real estate in three states, a variety of consumersector intellectual property rights and significant net operating losses. Trinity’s assets include real estate in the Westbury, New York, Paramus, New Jersey, and West Palm Beach, Florida markets, as well as
“Trinity Place,” one of Lower Manhattan’s premier development sites. Trinity’s intellectual property
includes rights related to the Filene’s Basement trademarks. Trinity is currently traded OTC under the
symbol TPHS. Trinity’s current assets are the legacy of certain Syms Corp. and Filene’s Basement
holdings as a result of those companies having emerged from Chapter 11 bankruptcy under a plan of
reorganization in September 2012. More information on Trinity can be found at
www.trinityplaceholdings.com.

Forward Looking Statements
This release includes “forward-looking statements” which can be identified by the fact that they do not
relate strictly to historical or current facts. These statements contain words such as “may,” “will,”
“expect,” “believe,” “anticipate,” “intended,” “would,” “estimate,” “continue,” “bode well,” “future,” or
the negative or other variations thereof or comparable terminology. In particular, they include statements
relating to, among other things, future actions, new projects, strategies, future performance, the outcomes
of contingencies, and future financial results of Trinity. These forward-looking statements are based on
current expectations and projections about future events. Investors are cautioned that forward-looking
statements are not guarantees of future performance or results and involve risks and uncertainties that
cannot be predicted or quantified, and, consequently, the actual performance of Trinity may differ
materially from those expressed or implied by such forward-looking statements. Such risks and
uncertainties include, but are not limited to, the factors described from time to time in Trinity’s reports
filed with the Securities and Exchange Commission. Any forward-looking statements are made pursuant
to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made.
Trinity disclaims any obligation to update the forward-looking statements, except as required by law.

Trinity Place Holdings Secures Loan Proceeds to Fully Retire Claims and Fund Predevelopment in Lower Manhattan

New York, NY (December 31, 2014).

Trinity Place Holdings Inc. (the “Company”) (OTC: TPHS)
announced today that it has filed a motion seeking bankruptcy court approval of a $40 million loan facility
secured by its properties located at 42 Trinity Place and 67 Greenwich Street in Lower Manhattan. The loan
will be provided by Sterling National Bank and Israel Discount Bank of New York and will close and be funded
following court approval. Trinity is the successor to Syms Corp. and Filene’s Basement which emerged from
Chapter 11 bankruptcy in September 2012 with a significant portfolio of real estate and other legacy assets.
Proceeds from the loan will be used by the Company to pay or reserve for all remaining claims and to
make strategic investments in its remaining assets and potential new opportunities. Once the claims are paid or
reserved for to the satisfaction of the court, the Company will have substantially fulfilled its obligations under
the plan for reorganization.

Proceeds from the loan will also be used for further predevelopment work on Trinity’s Lower Manhattan
holdings at 42 Trinity Place and 67 Greenwich Street. The Company has made significant progress on this
project to date, including defining the program and developing a conceptual design for a mixed-use building of
over 280,000 gross square feet as well as reaching preliminary terms with prospective users for the commercial
base of the building. Significant interest in the development of the property has led the Company to hire Eastdil
KL2 2877030.2

Secured to proceed with a formal and organized process to help evaluate the most appropriate risk-adjusted path
to value maximization for shareholders which may or may not result in a possible sale of the property in whole
or in part with a joint venture partner.

“Sterling National Bank is excited to participate in the growth of Trinity Place Holdings with the
current loan facility. Their developing business plan is exciting and their success to date is impressive. We
look forward to a long term relationship with the Company,” stated Jim Peoples, President of Sterling Banking
Group.

“This new loan facility provided by Sterling National Bank and Israel Discount Bank of New York
bolsters Trinity Place Holdings’ growth plans as a new business. We will fulfill the obligations under the plan
as promised and take key steps forward to create additional value for our stakeholders,” stated Matthew
Messinger, President & CEO of Trinity Place Holdings. “The loan also supports our predevelopment work in
Paramus, NJ, Westbury, NY and West Palm Beach, Florida and in particular at our 42 Trinity Place and 67
Greenwich Street properties in the exceptionally strong market of Lower Manhattan.”

The facility also provides for up to an additional $10 million of proceeds to be made available subject to
certain conditions and approvals.

The motion filed with the court to approve the loan facility also seeks approval of other matters
including a charter amendment to protect the Company’s net operating losses (“NOL’s”) as an asset of the
Company. Further details on the loan and the motion will be included in a Form 8-K filed with the SEC later today.

About Trinity Place Holdings, Inc.
Trinity Place Holdings currently has significant real estate in three states, a variety of consumer-sector
intellectual property rights and significant net operating losses. Trinity’s assets include real estate in the
Westbury, New York, Paramus, New Jersey, and West Palm Beach, Florida markets, as well as “Trinity Place,”
one of Lower Manhattan’s premier development sites. Trinity intellectual property includes rights related to the
Filene’s Basement trademarks. The company is currently traded OTC under the symbol TPHS. Its current assets
are the legacy of certain Syms Corp. and Filene’s Basement holdings as a result of those companies having
emerged from Chapter 11 bankruptcy under a plan of reorganization in September 2012. More information on
the Company can be found at www.trinityplaceholdings.com.

Forward Looking Statements
This release includes “forward-looking statements” which can be identified by the fact that they do not relate
strictly to historical or current facts. These statements contain words such as “may,” “will,” “expect,”
“believe,” “anticipate,” “intended,” “would,” “estimate,” “continue,” “bode well,” “future,” or the negative or
other variations thereof or comparable terminology. In particular, they include statements relating to, among
other things, future actions, new projects, strategies, future performance, the outcomes of contingencies, and
future financial results of the Company. These forward-looking statements are based on current expectations
and projections about future events. Investors are cautioned that forward-looking statements are not guarantees
of future performance or results and involve risks and uncertainties that cannot be predicted or quantified, and,
consequently, the actual performance of the Company may differ materially from those expressed or implied by
such forward-looking statements. Such risks and uncertainties include, but are not limited to, court approval of
the motion or items contained therein, expectations with respect to the monetization of the Trinity Place
property and the Company’s other real estate, tax and intellectual property assets and the other factors described
from time to time in the Company’s reports filed with the Securities and Exchange Commission. Any forwardlooking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company disclaims any obligation to update the forward-looking
statements