147 Hope Condominium

Amendment 10 2020

This Tenth Amendment reports the unsold units and the Sponsor's finances, confirms the Valley National Bank construction loan is paid, gives first-year financial details, updates the budget, and extends the Plan for twelve months.

• Eleven residential units and the commercial unit remain unsold and not under contract; unsold units listed in Exhibit 1
• Aggregate monthly common charges for unsold units: $9,264.98; aggregate monthly real estate taxes: $21,553.47
• Valley National Bank construction financing paid in full; unsold units not encumbered by mortgages, liens or encumbrances
• First unit closing occurred November 21, 2019; 2019 working capital contributions totaled $21,932.70; no common charges collected in 2019; 2019 financial statement not yet completed
• Common charges for all units began January 11, 2020
• Temporary Certificate of Occupancy; $15,000.00 held in escrow with Sponsor's attorney for the final Certificate of Occupancy
• Updated budget attached as Exhibit 3, with projected 2020 total expenses of $279,632.75
• Plan extended for twelve months from the date hereof

Amendment 9 Jul 17, 2020

The amendment lowers nothing but raises the asking prices of five unsold homes (Units 2H, 3H, 5A, 5F and 6B) and states no other material changes.

• Unit 2H price set at $ 1,565,000.00
• Unit 3H price set at $ 1,425,000.00
• Unit 5A price set at $ 2,450,000.00
• Unit 5F price set at $ 1,195,000.00
• Unit 6B price set at $ 2,150,000.00
• No other material changes to the Property or the Offering, except as stated in this Amendment

Amendment 8 2020

This amendment changes the selling agent to Compass, reports that fourteen residential units and the commercial unit remain unsold (listed in Exhibit 1), and extends the Plan for six months.

• Selling agent changed to Compass, 110 Fifth Avenue, New York, New York 10011
• Fourteen residential units and the commercial unit remain unsold; list in Exhibit 1 with purchase prices
• Plan extended for six months from the date of the amendment
• Front cover and Section 30 ("Identity of the Parties") updated to include the new selling agent information
• No other material changes except as stated in this amendment

Amendment 7 2020

This amendment reports that the first unit closed in November 2019, a temporary certificate of occupancy was issued, twenty residential units and the commercial unit remain unsold, and the plan is extended for six months.

• Plan extended for six months from the date of this amendment
• Twenty residential units and the commercial unit remain unsold
• First Unit Closing (Unit 4J) occurred November 21, 2019
• Temporary Certificate of Occupancy issued, effective 01/27/2020, expiring 03/27/2020
• $15,000.00 deposited into escrow at First Unit Closing, per architect's certification
• Working capital fund: three months of common charges collected from each purchaser; account had $24,637.23 as of December 19, 2019
• First Unit Owners Meeting to be held within thirty (30) days after the first anniversary of the First Unit Closing
• Sponsor paying building operating costs for November and December 2019, to be adjusted with the Condominium later