132 Cambridge Place Condominium

Amendment 2 Sep 15, 2017

Amendment updates the projected first year of condominium operation to July 1, 2018, adds 421-a tax benefit disclosures and revised assessed valuations, reallocates rooftop common element from Unit 4 to Unit 3, and extends the plan term by six months.

• First year of condominium operation projected to begin July 1, 2018
• Sponsor applying for 421-a Tax Benefits; total assessed value estimated at $522,765 without abatement and $173,349 with abatement
• Estimated real estate taxes $66,490 without 421-a abatement and $22,048 with abatement for first year
• Rooftop area reallocated from Unit 4 limited common element to Unit 3
• Unit 4 rooftop allocation reduced from 225 SF to 0 SF; Unit 3 rooftop allocation increased to 225 SF
• New budget provided; no changes other than projected start date
• Plan term extended six months
• New 339-i Letter and revised Schedule A attached

Amendment 1 Jul 13, 2017

Floor plans and unit specifications updated to match approved DOB Building Plans, with changes to Unit 1 cellar square footage, mechanical systems, closets, doors, finishes, and bathroom layouts.

• Unit 1 cellar now 1,060 square feet total
• Condenser relocated to areaway under stairs
• Sump pump added (Zoeller model N53) for storm drainage
• Closets added, removed, or relocated; some single doors replaced with double doors
• Vestibule door added to lobby (Masonite fiberglass/glass, non-fire-rated)
• Wine cooler added to each kitchen (Frigidaire Model FGWC4633SS)
• Bathroom layouts changed; additional sinks added (Salgar vanities model 20033, sinks model 14711)
• Updated Schedule A with revised unit information and pricing