Eastlight

Amendment 11 Sep 15, 2025

Financial update disclosing 54 unsold residential units and 1 unsold commercial unit with current pricing, common charges, and real estate taxes for 2025/2026.

• 54 residential units and 1 commercial unit remain unsold as of amendment date
• Aggregate monthly common charges for unsold sponsor-owned units: $84,214.56
• Aggregate monthly estimated real estate taxes for unsold units: $88,728.80
• First Unit Owner's meeting occurred January 9, 2025
• Temporary certificate of occupancy issued July 21, 2025, valid through October 19, 2025
• $275,000.00 escrowed for permanent certificate of occupancy
• 2025 fiscal year budget and 2023 audited financial statements attached; 2024 audited statements to follow
• Plan effective period extended 12 months from amendment acceptance date

Amendment 10 May 16, 2025

Price of unit 9B raised to $950,000; total offering price now $237,477,000.00

• Unit 9B price changed to $950,000
• Total Purchase Price of Offering now $237,477,000.00

Amendment 9 Dec 16, 2024

Price of unit 29C raised to $2,650,000, sponsor principals changed, and insurance coverages updated.

• Unit 29C price raised to $2,650,000.00; total offering price now $237,452,000.00
• Xiaocheng Zhou removed as principal of Sponsor
• Jiageng Huang added as principal of Sponsor
• Sponsor address changed to 295 Madison Avenue, Suite 3600, New York, NY 10017
• Insurance coverages updated including Property limit $81,956,407 and Umbrella Liability $50,000,000
• 75 residential units and 1 commercial unit remain unsold
• Aggregate monthly common charges for unsold units owned by Sponsor: $112,095.88
• Aggregate monthly estimated real estate taxes for unsold units: approximately $115,227.68

Amendment 8 Mar 31, 2024

Purchase prices for 67 residential units are revised, storage room license fees and offering prices are updated, board of managers is changed, and floor plans and architect's report are amended.

• Purchase prices updated for 67 residential units; total offering price now $237,397,000.00
• Storage room license offering prices and monthly license fees revised in Schedule A-2
• Monthly storage room license fees now collected upon closing of license agreement
• Floor plans for cellar floor revised to reflect changes in storage room layout
• Addendum to Architect's Report reflects changes to certain storage rooms
• Board of Managers changed; Carlos Diaz (President), Yin Yuan (Vice-President), Zhenting Men (Treasurer) designated by Sponsor
• Storage Room License form amended to reflect updated license fees and collection upon closing

Amendment 7 Dec 12, 2023

Commercial unit price raised, common charges collection begins January 1, 2024, selling agent changed to CORE Group Marketing LLC, and plan effective period extended 12 months.

• Commercial Unit C price raised to $11,980,000; total offering price now $237,052,000.00
• Common Charges collection begins January 1, 2024 (waived through December 31, 2023)
• Selling Agent changed to CORE Group Marketing LLC at 149 Fifth Ave, 11th Fl, New York, NY 10010
• PC of O cost reduced from $1,500,000.00 to $275,000.00 per architect certification dated April 19, 2023
• 94 Residential Units and 1 Commercial Unit remain unsold
• Superintendent's Unit Percentage of Common Interest corrected to 0.9797%
• Effective period of Offering Plan extended 12 months

Amendment 6 Jan 26, 2023

Budget revised with net reduction, unit prices changed to total $234,057,000, Schedule A updated, law firm name and address changed, architect's report amended, first unit closing occurred December 22, 2022.

• Budget for First Year of Condominium Operation revised with net reduction
• Purchase prices for certain Residential Units changed; new total offering price $234,057,000.00
• Common charges allocated to individual units revised
• Revised floor plans for certain Storage Rooms and Common Elements
• Counsel to Sponsor name changed to D'Agostino, Lederman, Landesman, Rivera & Miraglia, LLP
• Counsel address changed to 9 East 40th Street, 5th Floor, New York, New York 10016
• First Unit Closing (5F) occurred in escrow December 22, 2022; $1,500,000 escrowed for permanent certificate of occupancy

Amendment 5 2022

Purchase prices changed for 44 residential units, budget revised for first year of operation, and by-laws updated for electronic meeting provisions.

• Purchase prices changed for 44 units; total offering price now $252,283,000.00
• First Year budget revised; common charges allocated based on revised expenses
• By-laws amended to permit board to hold meetings solely or partially by electronic communication
• 30 units currently in contract
• No first unit closing has occurred; no condominium financial statements available

Amendment 4 May 9, 2022

Plan is declared effective with 22 units purchased, and the effective period is extended 6 months.

• Plan declared effective; 22 units purchased (over 15% threshold)
• Effective period extended 6 months from acceptance date

Amendment 3 Mar 7, 2022

Prices for 15 residential units are raised; total offering price is now $257,701,000.00; plan period extended 6 months.

• Purchase prices raised for units 3C-3E, 5C-5E, 6C-6E, 7C-7E, 8C-8E, 9C-9D, 9E
• Total offering price: $257,701,000.00
• Monthly common charges for unsold units: $171,173.67
• Monthly real estate taxes for unsold units: approximately $160,015.92
• 11 units currently in contract
• Plan effective period extended 6 months from amendment acceptance
• First unit closing has not yet occurred

Amendment 2 Sep 28, 2021

Prices of 23 units increased; pet policy tightened to limit dogs/cats to two per unit and dogs to 75 pounds; legal descriptions updated for merged tax lot; bylaws amended for mortgagee notices to meet Fannie Mae PERS approval.

• Prices of 23 units raised, total offering price now $260,510,000.00
• Pet policy: maximum two domesticated dogs or cats per unit; dogs limited to 75 pounds; no pit bulls without Board permission
• Tenants cannot have pets without written Board or Managing Agent permission
• Legal description in Form of Unit Deed and Declaration of Condominium updated for final merged base tax lot dimensions
• Bylaws amended: mortgagees must approve decisions on repair/reconstruction after casualty if 75%+ of building destroyed
• Board must notify mortgagees of proposed amendments affecting units, Common Interest percentages, voting rights, or use restrictions
• Board must notify mortgagees of condominium termination requiring 51%+ mortgagee consent
• Board must notify mortgagees of condemnation, casualty, or insurance changes

Amendment 1 May 5, 2021

Revised floor plans, architect's report, unit prices for 40 residential units, and Schedule A corrections for common charges and tax projections.

• Purchase prices changed for 40 units ranging from $806,000 to $2,168,000
• Total offering price revised to $263,067,000.00
• Revised floor plans for certain residential units and common elements per DOB requirements
• Architect's Report amended with construction status and structural details
• Schedule A corrected for common charges, real estate tax projections, and carrying charges for Unit PHD