145 Americas Condominium

Amendment 6 May 2005

Unit offering prices increased; Schedule A updated with new prices.

• Offering prices for all units increased to prices shown in new Schedule A
• Unit 4B (4th Floor): $615,000
• Unit 4D (4th Floor): $695,717
• Unit 5C (5th Floor): $900,000
• Unit 5D (5th Floor): $1,955,000
• Unit 7A (6th and 7th Floors): $1,700,000
• Unit 7B (7th Floor): $850,000
• Schedule A effective January 1, 2005 to December 31, 2006

Amendment 5 Apr 28, 2005

Amendment grants Unit BB to HERE Arts Center and Unit 2 to the first Owner special alteration and subdivision rights, and allocates air and development rights to Unit 4D.

• Unit BB owner (HERE Arts Center or designee) granted right to alter, subdivide, combine units, and change layout without Board consent
• Unit 2 first owner granted right to subdivide into two units, combine units, and alter layout without Board consent
• Unit 4D granted ownership of retained development rights up to 30,750 square feet of floor area plus future zoning bonuses
• Unit 4D owner granted easements for additions, support facilities, utility facilities, access, and inspection rights

Amendment 4 Apr 4, 2005

Plan declared effective based on 15% unit purchase agreements, three unit prices increased, and air and development rights allocated to Unit 7C with easements granted.

• Plan declared effective upon acceptance of purchase agreements for 15% of units
• Unit 4B price increased to $615,000
• Unit 4C price increased to $950,000
• Unit 4E price increased to $300,000
• Air and developmental rights made appurtenant to Unit 7C with easements granted to its owner
• Unit 7C owner granted rights to up to 30,750 square feet of floor area and all retained development rights
• Easements granted for additions, support facilities, utility facilities, and access to the property
• Schedule A prices increased for 16 homes (median +19.9%): 3A $277,500 → $332,733; 3B $563,256 → $664,042; 3C $625,949 → $800,000; 3D $712,556 → $825,000; ...
• Schedule A prices decreased for 2 homes (median -9.8%): 2 $5,098,205 → $4,600,000; 4A $1,244,732 → $1,046,204

Amendment 3 Mar 24, 2005

Unit prices increased per Schedule A.

Amendment 2 Mar 9, 2005

The amendment divides three units into separate units, creates one new unit, revises sizes of two units, adjusts common interest percentages, increases the price of Unit 5D, and establishes a shared limited common element.

• Unit 1B divided into Unit BB (5,737 sq ft, $1,200,000) and Unit 1B (3,515 sq ft, $1,873,500)
• Unit 2 divided into Unit 1C (3,310 sq ft, $1,650,000) and Unit 2 (8,508 sq ft, $4,600,000)
• Unit 4A divided to create Unit 4E (750 sq ft, $82,771); Unit 4A revised to 2,700 sq ft
• Unit 7A revised to 3,749 sq ft; Unit 7B revised to 1,207 sq ft
• Unit 5D offering price increased to $1,955,000
• Units BB, 1A, and 1B share 150 sq ft vestibule as limited common element
• Common interest percentages for all units changed due to unit divisions

Amendment 1 Jan 6, 2005

Unit offering prices increased.