Ansonia Condominium *

Amendment 110 Feb 5, 2026

This amendment raises the asking prices of 37 unsold residential units at The Ansonia Condominium, with old and new prices listed in Exhibit A.

• Prices of 37 unsold residential units raised
• Apt. 3-31 raised from $225,000.00 to $850,000.00
• Apt. 7-18 raised from $1,400,000.00 to $4,500,000.00
• Apt. 15-41 raised from $1,100,000.00 to $3,425,000.00
• Apt. 17-77 raised from $185,000.00 to $575,000.00
• Amendment does not extend the Plan

Amendment 109 Oct 24, 2025

Amendment 109 changes the asking prices of two unsold residential units, 4-104 and 11-54, and makes no other changes to the plan.

• Price of unit 4-104 set at $1,050,000
• Price of unit 11-54 set at $1,395,000

Amendment 108 2025

This amendment changes the price of one unsold residential unit, Unit 12-102, to $950,000.00, and does not extend the Plan.

• Price of Unit 12-102 set at $950,000.00
• Plan is not extended

Amendment 107 Jun 3, 2025

This amendment updates prices for seven unsold units, sponsor ownership and carrying costs, tax and budget figures, financial statements, and the status of building repair work.

• Prices of 7 unsold units changed: 4-104 $995,000.00; 4-137 $995,000.00; 5-006 $1,050,000.00; 6-126 $2,225,000.00; 13-031 $925,000.00; 14-040 $1,300,000.00; 16-060 $625,000.00
• Sponsor owns 47 unsold residential units as of May 1, 2025
• Aggregate monthly real estate taxes on Sponsor's unsold units approximately $45,210.60 for July 1, 2024 through June 30, 2025
• Aggregate monthly common charges on Sponsor's unsold units approximately $76,310.85 as of May 1, 2025; monthly capital assessment approximately $10,234.65
• Commercial and School Units carry a first mortgage of $53,400,000.00 from Morgan Stanley Bank, N.A., maturing April 1, 2035
• Budget for May 1, 2025 through April 30, 2026 attached as Exhibit B
• Financial statements for periods ending April 30, 2024 and April 30, 2023 attached as Exhibit C
• Local Law 11 facade work completed; Local Law 126 garage and ramp work ongoing, with the 74th Street ramp closed

Amendment 106 May 16, 2024

This amendment combines two pairs of unsold units, sets new prices for four unsold homes, and updates the sponsor's unit holdings, building repair work, and budget status.

• Units 6-126 and 6-129 combined into Unit 6-126, priced at $2,195,000
• Units 11-157 and 11-158 combined into Unit 11-157, priced at $995,000
• Price of Unit 13-031 set at $895,000
• Price of Unit 14-040 set at $1,200,000
• Sponsor owns 54 unsold residential units as of April 1, 2024
• Local Law 11 façade work projected to be completed in or about late spring 2024
• Budget for May 1, 2024 through April 30, 2025 not yet available
• Local Law 126 parking structure inspection report disclosed (findings cut off in text)

Amendment 105 Sep 18, 2023

Sponsor lowers or sets new purchase prices for four unsold residential units (11-157/158, 11-92, 5-06, 13-31) and does not extend the Plan.

• Price of unit 11-157/158 set at $995,000
• Price of unit 11-92 set at $1,125,000
• Price of unit 5-06 set at $995,000
• Price of unit 13-31 set at $850,000

Amendment 104 May 15, 2023

This amendment sets new prices for two unsold apartments and updates the Sponsor's unsold-unit holdings, carrying costs, building work, management fee, and board seat.

• Prices set: Apartment 11-157 at $425,000; Apartment 11-092 at $985,000
• Sponsor owns 55 Unsold Residential Units as of April 1, 2023; Unit 3-087A is not offered for sale
• Monthly real estate taxes for Sponsor's unsold units approximately $49,007.39 (July 1, 2022 to June 30, 2023)
• Monthly common charges for unsold units approximately $72,212.00; monthly capital assessment approximately $11,803.73
• Local Law 11 façade work projected to be completed in or about December 2023
• Managing agent fee reduced to $100,000 as of January 1, 2023, increasing to $105,000 for May 1, 2023 through April 30, 2024
• Circuit breaker electric panels on multiple upper floors replaced in 2022
• Sponsor Representative board seat formerly held by Marc Lippman is vacant

Amendment 103 Jun 29, 2022

This amendment sets the purchase price of one unsold residential unit, 8-77, at $2,475,000, and does not extend the Plan.

• Price of unsold unit 8-77 set at $2,475,000
• Amendment does not extend the Plan
• No other material changes to the Property or offering, except as stated in this amendment

Amendment 102 Nov 22, 2021

This amendment changes the prices of two unsold units and updates the Sponsor's unsold-unit holdings, unsold-unit taxes, budget, financial statements, board members, and the Local Law 11 façade work and its loan for The Ansonia Condominium.

• Purchase price of Unit 5-006 is $895,000
• Purchase price of Unit 11-158 is $300,000
• Local Law 11 façade work projected substantially complete in or about summer 2022; cost approximately $15,000,000, paid from NCB loan and prepaid capital assessments
• Sponsor owns 59 Unsold Residential Units as of November 1, 2021, listed on Exhibit A
• Real estate taxes for unsold units for July 1, 2021 through June 30, 2022 listed on Exhibit A
• Budget for May 1, 2021 through April 30, 2022 attached as Exhibit B; budget for May 1, 2022 through April 30, 2023 not available
• Condominium financial statements attached as Exhibits D-1 and D-2
• Current Condominium Board members listed

Amendment 101 Jun 2, 2021

This amendment lowers nothing but changes the purchase prices of two unsold residential units, Unit 13-31 and Unit 10-109, and does not extend the Plan.

• Price of Unit 13-31 set at $695,000
• Price of Unit 10-109 set at $1,525,000

Amendment 100 Nov 23, 2020

This amendment sets new asking prices for two unsold residential units, 6-79 and 7-77, and states that the asking prices exclude purchaser's closing costs.

• Asking price of unsold unit 6-79 set to $1,600,000.00
• Asking price of unsold unit 7-77 set to $3,250,000,00
• Asking prices do not include purchaser's closing costs
• This amendment supersedes any conflicting terms in the Plan

Amendment 99 Aug 26, 2020

This amendment updates the Ansonia offering plan with July 1, 2020 data on unsold units, their carrying costs and taxes, the 2020/2021 budget, 2019 and 2018 financial statements, building violations, and the board roster.

• 60 Unsold Residential Units as of July 1, 2020 (approximately 12.959% of all 463 Residential Units originally offered); Unit 3-087A is not offered
• Asking prices, July 1, 2020 monthly common charges and 7/1/20 to 6/30/21 annual real estate taxes for unsold units listed in Exhibit A
• Real estate taxes are based on a tentative tax rate and will be adjusted when the final rate is set by the New York City Council
• Unsold units' monthly common charges aggregate approximately $76,377, capital assessment approximately $13,196, and real estate taxes approximately $671,260 a year
• Financial statements for April 30, 2019 and 2018 attached; net losses from operations of ($428,854) for 2019 and ($44,996) for 2018
• Condominium budget for May 1, 2020 to April 30, 2021 attached; common charges not increased
• 14 New York City Department of Buildings violations and 5 Environmental Control Board violations as of July 1, 2020; correction work in progress
• One Residential Board Member vacancy

Amendment 97 Jun 26, 2019

The Sponsor lowers nothing but changes the asking price of one unsold residential unit, 12-02, to $949,000.00, which excludes purchaser's closing costs.

• Asking price of unsold unit 12-02 set to $949,000.00
• Asking price excludes purchaser's closing costs

Amendment 96 Oct 12, 2018

This amendment sets new asking prices for two unsold residential units, effective immediately, and states that the asking prices exclude purchaser's closing costs.

• Asking price of unit 7-06 set at $ 795,000
• Asking price of unit 13-60 set at $ 995,000
• Asking prices do not include purchaser's closing costs

Amendment 95 2018

This amendment updates the 2018 status of the offering plan, including unsold units, a 2.5% common charge increase in the 2018/2019 budget, the latest financial statements, loan balances, and building violations.

• 65 Unsold Residential Units as of July 24, 2018 (approximately 14.04% (rounded) of all 463 Residential Units originally offered); Unit 3-087A is not offered
• The new 2018/2019 budget increases the common charges by 2.5%
• Condominium's NCB loan reduced to $897,845.40 as at May 1, 2018, maturing May 1, 2022, at 7.65% a year
• Commercial and School Units mortgaged to TD Bank in the original principal amount of $60 million, maturing March 31, 2025
• Financial statements at April 30, 2017 and 2016 attached; net income of $679,060 (2017) and $817,745 (2016)
• Unsold Residential Units' July 1, 2018 monthly common charges approximately $81,731; 7/1/18 to 6/30/19 real estate taxes approximately $698,247
• As at July 1, 2018, 28 NYC Department of Buildings violations and 3 Environmental Control Board violations
• Local Law 11 progress report (KEPC Report dated July 14, 2018) attached as Exhibit E

Amendment 94 Apr 17, 2018

This amendment, effective immediately, sets new asking prices for five unsold residential units, and the asking prices exclude purchaser's closing costs.

• Asking price of unit 7-06 set at $ 849,000
• Asking price of unit 11-75 set at $1,175,000
• Asking price of unit 12-137 set at $1,495,000
• Asking price of unit 13-60 set at $1,150,000
• Asking price of unit 14-87 set at $1,125,000
• Asking prices do not include purchaser's closing costs
• This amendment supersedes any inconsistency between the Plan and the amendment

Amendment 93 Nov 22, 2017

This amendment sets asking prices for the plan's unsold residential units, listed in Exhibit A, and states that those prices are negotiable for units not under contract and exclude purchaser's closing costs.

• Asking prices set for unsold residential units, listed in Exhibit A
• Asking prices of units not under contract are negotiable and subject to change under the Plan
• Asking prices do not include purchaser's closing costs
• Exhibit A also lists common interest, monthly common charges for 5/1/17-4/30/18, and monthly R/E tax for 7/17-6/18
• Amendment supersedes any inconsistency between the Plan and this amendment

Amendment 92 Jun 29, 2017

This amendment updates the unsold unit count and asking prices, attaches the 2016 financial statements and the 2017/2018 budget (which does not increase common charges), and reports tax assessments, open violations and sponsor financial disclosures.

• 69 Unsold Residential Units as of June 9, 2017, including those under contract; asking prices listed in Exhibit A
• Unit 3-087A is not offered
• 2017/2018 budget attached; it does not increase common charges
• Actual assessed valuation for 7/1/17 to 6/30/18 is $34,242,763; transitional assessed valuation is $33,665,040
• 2017/2018 real estate tax rate is tentative and subject to City Council adjustment
• As of June 12, 2017: 16 DOB violations (all elevator-related) and 2 ECB violations (one elevator, one façade); correction in progress
• Financial statements for years ended April 30, 2016 and 2015 attached; net income from operations $817,745 (2016) and $156,009 (2015)
• Board officers and members listed; Sponsor-related members identified

Amendment 91 Mar 13, 2017

This amendment raises the asking prices of two unsold residential units, 5-19 and 13-60, effective immediately, and otherwise leaves the Plan in place.

• Asking price of unsold unit 5-19 raised to $575,000.00
• Asking price of unsold unit 13-60 raised to $1,295,000.00
• Increases effective immediately
• Asking prices do not include purchaser's closing costs
• Asking prices of units not under contract are negotiable and subject to change under the Plan

Amendment 90 Aug 12, 2016

This amendment restores the asking prices of three unsold units to the amounts set in the Eighty-Eighth Amendment, reversing an earlier change made in the Eighty-Ninth Amendment.

• Asking prices of 3 unsold units reinstated to Eighty-Eighth Amendment amounts
• Unit 8-31 new asking price 895,000.00
• Unit 11-144 new asking price 2,175,000.00
• Unit 14-14 new asking price 575,000.00
• Reverses an inadvertent price change made in the Eighty-Ninth Amendment
• Asking prices of unsold units not under contract are negotiable and subject to change under the Plan
• Asking prices do not include purchaser's closing costs

Amendment 89 Jul 22, 2016

This amendment updates the plan with the unsold-unit count and pricing reference, the 2016/2017 budget, real estate tax and assessed valuation figures, unsold-unit carrying costs, 2015 financial statements, a DOB violation status, and the Board roster.

• 73 Unsold Residential Units as of May 2, 2016 (including those under contract and Unit 3-087A), about 15.767% of the 463 Residential Units originally offered
• Asking prices for unsold units are listed in Exhibit A and are subject to change at any time
• The May 1, 2016 to April 30, 2017 budget does not increase common charges
• 2016/2017 real estate tax rate and taxes not yet determined; Plan to be amended if there is a material increase
• Assessed valuations shown for 7/1/15-6/30/16 and 7/1/16-6/30/17, both under protest
• Monthly common charges for unsold units about $88,472; real estate taxes $656,671.40 for 7/1/15 to 6/30/16; monthly rents about $55,370.06
• Financial statements at April 30, 2015 and 2014 added, showing net income of $156,009 (2015) and $2,393,826 (2014)
• One active DOB violation (unauthorized illuminated sign on a 17th floor Sold Residential Unit) reported as removed; the unit owner must have it closed with the DOB

Amendment 88 Nov 3, 2015

This amendment raises the asking prices of five unsold residential units, effective immediately, and notes that those prices are negotiable and exclude closing costs.

• Asking price of unit 3-40 increased to $1,450,000.00
• Asking price of unit 8-31 increased to 895,000.00
• Asking price of unit 11-144 increased to 2,175,000.00
• Asking price of unit 14-14 increased to 575,000.00
• Asking price of unit 14-75 increased to 1,530,135.00
• Asking prices of unsold units not under contract are negotiable and subject to change under the Plan
• Asking price does not include purchaser's closing costs

Amendment 87 May 27, 2015

This amendment updates the Ansonia's unsold unit count and asking prices, the 2015/2016 budget, the financial statements, the DOB violation status, and the unsold units' carrying costs.

• 74 unsold residential units as of May 8, 2015 (including those under contract), about 15.982% of 463 units offered; asking prices in Exhibit A are subject to change
• 2015/2016 common charges up 4.35%, monthly fuel surcharge eliminated, net increase of 1.45% effective May 1, 2015
• Contingency reserve reduced to 5% from the required 10%
• 2015/2016 real estate taxes not yet determined; plan to be amended if there is a material increase
• Financial statements at April 30, 2014 and 2013 added: net income $2,393,826 for 2014 and net loss of ($86,272) for 2013
• Financial statements for the fiscal year ended April 30, 2015 not yet completed
• One active DOB violation for an unauthorized illuminated sign on a 17th floor sold unit, since removed; unit owner responsible for having it closed out
• Unsold units: monthly common charges about $88,724, 2014/2015 real estate taxes about $605,760, monthly rent about $60,563

Amendment 86 Sep 16, 2014

This excerpt is the Eighty-Sixth Amendment to the Ansonia Condominium offering plan, but the text cuts off after the preamble and the start of the definitions, so it states no specific changes to the plan.

Amendment 85 Jun 16, 2014

This amendment updates the offering plan with the 2014/2015 budget (no common charge increase and elimination of the monthly capital assessment), the current list of 79 unsold units, the 2013 and 2012 financial statements, tax figures, and violation status.

• Common charges not increased in the May 1, 2014 to April 30, 2015 budget
• Monthly capital assessment eliminated
• Potential 5% common charge increase later in the 2014/2015 budget year if FNMA disagrees with reducing the FNMA contingency reserve from 10% to 5%
• 79 Unsold Residential Units as of May 1, 2014 (including those under contract and Unit 3-087A), with asking prices listed in Exhibit A, subject to change
• Monthly fuel surcharge unchanged
• 2014/2015 real estate taxes not yet determined; Plan to be amended to disclose any material increase
• Financial statements at April 30, 2013 and 2012 attached as Exhibit B; April 30, 2014 statements not yet completed
• As of May 1, 2014: three active DOB violations and two LPC warnings

Amendment 84 Mar 12, 2014

Effective immediately, the asking prices of two unsold residential units, 13-70 and 16-63, are raised to the new amounts shown.

• Asking price of unit 13-70 raised to $1,850,000,00
• Asking price of unit 16-63 raised to $1 ,250,000-00
• Asking prices exclude purchaser's closing costs

Amendment 83 Feb 7, 2014

The amendment raises the asking prices of three unsold residential units, and the asking prices exclude the purchaser's closing costs.

• Asking price of unit 8-126 raised to $1,495,000.00, effective immediately
• Asking price of unit 13-93 raised to $1,125,000.00, effective immediately
• Asking price of unit 16-157 raised to $1,250,000.00, effective immediately
• Asking prices of unsold units not under contract are negotiable; asking price does not include purchaser's closing costs

Amendment 82 Sep 24, 2013

The Eighty-Second Amendment raises the asking prices of two unsold residential units, 12-60 and 13-93, and states that asking prices are negotiable and exclude purchaser closing costs.

• Asking price of unit 12-60 raised to $1,125,000.00
• Asking price of unit 13-93 raised to $995,000.00
• Asking prices of unsold units not under contract are negotiable and subject to change under the Plan
• Asking prices do not include purchaser's closing costs

Amendment 81 Jun 12, 2013

The amendment updates the list of 80 unsold units and their asking prices, raises common charges 2.35% under the 2013/2014 budget, and splits the monthly assessment into a fuel surcharge and an assessment.

• 80 Unsold Residential Units as of May 7, 2013 (including those under contract and Unit 3-087 A); asking prices listed in EXHIBIT A and subject to change
• Common charges increased by 2.35% in the 2013/2014 budget (May 1, 2013 to April 30, 2014)
• Monthly assessment remains the same but is now split into a monthly fuel surcharge and a monthly assessment
• Board's new improvement program and continuation of the monthly fuel surcharge and assessment for the next 23 months (Board letter dated May 22, 2013)
• Monthly common charges, fuel surcharges and assessments for Sponsor's Unsold Residential Units total approximately $98,921.05, effective June 1, 2013
• 2013/2014 real estate tax rate and taxes not yet determined; Plan to be amended to disclose any material increase
• Financial statements at April 30, 2012 and 2011 added; April 30, 2013 statements not yet completed
• 22 New York City Department of Buildings violations as of May 1, 2013; 20 elevator violations corrected and being removed from record

Amendment 80 Feb 8, 2013

The sponsor raises the asking price of one unsold residential unit, 3-54, to $425,000, and states that asking prices are negotiable and exclude purchaser closing costs.

• Asking price of unsold unit 3-54 increased to $425,000
• Asking prices of unsold units not under contract are negotiable and subject to change under the Plan
• Asking price does not include purchaser's closing costs
• Plan, as amended, governs; this amendment supersedes any inconsistency with the Plan

Amendment 79 May 31, 2012

The amendment updates the count of unsold units, the 2012-2013 budget and capital projects budget, real estate tax abatement status, building violations, and the financial disclosures for unsold units.

• 85 unsold residential units (about 18.14% of 463 originally offered) are listed, with asking prices in Exhibit B subject to change at any time
• Purchase agreements will reflect the then-current common charge, special assessment and real estate tax for each unit
• One J-51 real estate tax abatement remains in effect and expires June 2012
• Real estate tax rate for the 2012/2013 tax year not yet determined; the plan will be amended to disclose any material increase
• Condominium budget for May 1, 2012 to April 30, 2013 attached for information; it does not change common charges or the capital assessment
• Capital assessment payable over two years ending April 1, 2013 (Revised Capital Projects Budget in Exhibit C-1)
• 22 Department of Buildings violations: 20 elevator violations corrected and being removed from record; 2 others (Commercial Unit and a sold residential unit) being remedied
• Financial statements for fiscal year ended April 30, 2012 not yet completed; they will be included in the next amendment

Amendment 78 Mar 5, 2012

The Sponsor raises the asking prices of two unsold residential units, 3-87 and 16-08, and otherwise confirms the Plan's terms still apply.

• Asking price of unit 3-87 set at $1,050,000
• Asking price of unit 16-08 set at $625,000
• Asking prices of unsold units not under contract remain negotiable and subject to change under the Plan
• Asking price does not include purchaser's closing costs
• Amendment supplements the Plan dated February 16, 1990 and all prior amendments, and governs any inconsistency

Amendment 77 Jul 29, 2011

This amendment raises the asking prices of four unsold residential units in The Ansonia Condominium.

• Asking price raised to $1,595,000.00 for Unit 6-144
• Asking price raised to $565,000.00 for Unit 6-135
• Asking price raised to $400,000.00 for Unit 6-155
• Asking price raised to $400,000.00 for Unit 14-143
• Asking prices of unsold units not under contract are negotiable and exclude purchaser's closing costs
• Where this amendment conflicts with the Plan, this amendment controls

Amendment 76 Jun 23, 2011

This amendment updates the unsold unit count and asking prices, adopts a new 2011/2012 budget with a two-year capital assessment, and reports taxes, financial statements, violations, board members and sponsor finances as of May 2011.

• 90 Unsold Residential Units (including those under contract and Unit 3-087A) listed in Exhibit A with current asking prices, subject to change; Unit 3-087A is not offered
• New 2011/2012 budget adopted; common charges unchanged, but a new capital assessment is payable over two years
• Three J-51 real estate tax abatements still in effect; 2011/2012 tax rate and real estate taxes not yet determined
• Financial statements for April 30, 2010 and 2009 attached as Exhibit B
• Approximately six elevator violations of record as of May 20, 2011
• Current Condominium Board officers and members listed
• Unsold Residential Units' May 2011 common charges total approximately $99,499.70 a month; rental income approximately $67,050 a month
• One Commercial Unit subject to a first mortgage serviced by Wells Fargo Bank, original principal $38,000,000, fixed at 5.20% a year, interest only

Amendment 75 Mar 3, 2011

This amendment raises the asking price of Unsold Residential Unit 5-40 to $1,250,000 and states that asking prices exclude purchaser's closing costs and are negotiable for units not under contract.

• Asking price of Unsold Residential Unit 5-40 increased to $1,250,000, effective immediately
• Asking prices of unsold units not under contract are negotiable and subject to change under the Plan
• Asking prices do not include purchaser's closing costs
• This Amendment supersedes any inconsistency between the Plan and this Amendment

Amendment 74 Aug 6, 2010

This amendment raises the asking prices of four unsold residential units in The Ansonia Condominium, effective immediately.

• Asking price of unit 4-126 increased to $1;575,000
• Asking price of unit 6-\02 increased to 595,000
• Asking price of unit 11-43 increased to 988,125
• Asking price of unit 14-102 increased to 650,000
• Asking prices exclude purchaser's closing costs
• Asking prices of unsold units not under contract are negotiable and subject to change under the Plan

Amendment 73 Jul 16, 2010

The Seventy-Third Amendment updates unsold-unit counts, asking prices and carrying costs, financial disclosures, the 2010/2011 budget, and related plan information for the Ansonia Condominium.

• Unsold units: 92 Unsold Residential Units as of May 1, 2010 (including those under contract and Unit 3-087A); Unit 3-087A is not offered
• Asking prices, common charges, special assessments and real estate taxes for unsold units listed in Exhibit A and subject to change at any time
• Common charges for the 2010/2011 budget increase approximately 2.266%, excluding the capital assessment
• Financial statements at April 30, 2009 and 2008 attached as Exhibit B, showing net income of $201,361 for fiscal 2009 and net (loss) of ($223,191) for fiscal 2008
• Status of violations: approximately 17 DOB violations of record as at May 21, 2010
• Board membership list updated, with Sponsor's Initial Control Period having ended November 19, 1995
• Financial disclosure: Commercial Unit subject to a Wells Fargo first mortgage of $38,000,000 maturing December 11, 2015; unsold residential units not mortgaged
• J-51 tax abatements totaling $146,765 credited against Residential Unit real estate taxes for approximately 10.8 years

Amendment 72 Dec 24, 2009

This amendment raises the asking price of one unsold unit, Unit 7·20, to $295,000 and states that asking prices exclude purchaser's closing costs and are negotiable.

• Asking price of Unsold Residential Unit 7·20 increased to $295,000, effective immediately
• Asking prices of unsold units not under contract are negotiable and subject to change under the Plan
• Asking price does not include purchaser's closing costs
• This amendment supersedes any inconsistency between it and the Plan