138 North 10th Street Condominium

Amendment 5 Nov 2, 2020

The sponsor declared the plan effective, cut prices on three units, covers New York State and City transfer taxes for buyers who sign within 120 days, corrects the purchase agreement form, and extends the plan's use period by six months.

• Plan declared effective by notice dated October 16, 2020, with 2 purchase agreements (22.25% of residential units)
• Unit THA price reduced from $3,500,000 to $3,250,000
• Unit THB price reduced from $3,500,000 to $3,250,000
• Unit 302 price reduced from $2,275,000 to $1,995,000
• Sponsor pays NYS and NYC real property transfer taxes for buyers who sign within 120 days after presentation of this amendment; Mansion Tax (prices over $1,000,000) remains the purchaser's responsibility
• Purchase agreement paragraph 32(b) amended to require a bona fide purchaser for occupancy or investment
• Exhibit A to the purchase agreement replaced with an updated Affidavit of Intention to Purchase
• Plan use period extended for six months following the acceptance date of this amendment

Amendment 4 Mar 9, 2020

This amendment adds cellar storage room licenses at $50,000 each, raises the price of Unit 301 to $2,325,000, reports the Final Certificate of Occupancy and revised 421-a tax projections, and names Compass Ltd. as selling agent.

• Cellar storage rooms re-designated as General Common Elements and offered for license at $50,000 per room, with an initial $10.00 per month license fee
• Purchase price of Unit 301 increased from $2,200,000 to $2,325,000
• Final Certificate of Occupancy issued February 5, 2020
• 421-a benefits applied for, assuming granted effective July 1, 2020; projected first-year taxes with 421-a of $50,213
• Compass Ltd. designated as Selling Agent
• Footnote added to Schedule A on storage room license fees; Schedule A revised to remove storage room references