Schedule A and Schedule B: Reading Prices, Common Charges and the Budget in a Condo Offering Plan

Updated Sep 25, 2026 · 3 min read

Two schedules hold most of the numbers buyers care about in a NYC condo offering plan. Schedule A is the unit-by-unit price list. Schedule B is the building's projected first-year budget.

Schedule A: The Unit-by-Unit Price List

Schedule A is a table of every unit the sponsor is offering. For each unit it typically lists:

• Unit number, and often the number of rooms, bedrooms and bathrooms.
• Approximate square footage, sometimes with outdoor space listed separately. The plan explains how it was measured, and plan square footage is often larger than the usable interior area.
• Offering price: the sponsor's price for the unit when the schedule was filed.
• Percentage of common interest: the unit's share of the common elements. It drives the unit's share of common charges and its vote.
• Estimated monthly common charges for the first year.
• Estimated monthly real estate taxes for the first year, with notes on any tax abatement or exemption assumed.

Parking spaces and storage units, when they are sold as separate units, usually appear in Schedule A too, with their own prices and common interest. That makes Schedule A the place to check whether parking is its own unit or a license that comes with an apartment.

Schedule A also adds up to the plan's total offering price, the figure the Attorney General shows on the plan record. It is the sum of all units at the plan's prices, not what the units actually sold for.

Schedule B: The First-Year Budget

Schedule B is the sponsor's projected budget for the condominium's first year of operation. It shows expected income (mostly common charges) and each category of expense, typically including:

• Payroll for building staff, such as a superintendent, porters and doormen
• Utilities for common areas: electricity, gas, water and sewer, heating fuel
• Insurance for the building
• Repairs, maintenance, supplies and service contracts, such as elevators and cleaning
• The managing agent's fee, and legal and accounting costs
• A reserve contribution

The footnotes matter as much as the numbers. They explain what each line assumes: how many staff, which utilities are paid by the building rather than by owners, what insurance covers. Offering plans also typically include a letter from the sponsor's budget expert on the adequacy of the budget.

What to Check

• Use the latest version. Amendments often file new Schedule A and Schedule B pages. The most recent ones replace the originals. (How to find amendments.)
• Look at the date. A budget prepared years before the first closing can be out of date on insurance, payroll and fuel.
• Read the tax notes. Taxes shown with an abatement can rise when the abatement phases out. The notes to Schedule A say what was assumed.
• Compare common charges per square foot. Dividing a unit's monthly common charge by its square footage makes buildings comparable.
• Check what's missing. If a line you expect, like a doorman, isn't budgeted, the building may not have one at the projected cost.

How to Find Schedule A and Schedule B

In the plan PDF, the schedules usually sit together, either near the front of the plan after the introductory sections or in the back with the exhibits. The page headers say "Schedule A" and "Schedule B".

On Open Book, a searchable plan's building page tells you where to look. The Pricing & units tab lists the pages headed Schedule A, the Budget & charges tab lists the pages headed Schedule B, and both cover amendments too. For example, see the Residences at Prospect Place (CD240334).

To look across many buildings at once, search Open Book for Schedule B budgets or Schedule A, then narrow by borough, neighborhood, building size or parking.

Common Questions

Are Schedule A prices what the units sold for?

No. They are the sponsor's offering prices when the schedule was filed. Actual sale prices can be higher or lower and are recorded when each unit closes.

Are Schedule B common charges guaranteed?

No. They are first-year projections. Plans often describe sponsor commitments around the first-year budget; the plan's own terms say what, if anything, is guaranteed and for how long.

What is the percentage of common interest?

Each unit's share of the condominium's common elements, set out in Schedule A and the declaration. It generally determines that unit's share of common charges and its voting weight.