249 East 62nd Street Condominium (The Treadwell)

Amendment 5 May 22, 2025

This amendment offers the remaining unsold homes at the prices in Schedule A, updates sponsor, reserve and storage-locker details, and extends the plan's term.

• 21 residential units remain unsold (45 sold), as of May 1, 2025
• Unsold homes offered at the purchase prices in Schedule A (Exhibit A)
• Storage locker license preparation fee: $500 if closed with the unit, $1,500 if closed later
• Permanent Certificate of Occupancy expected within approximately 12 months of the Filing Date, subject to Force Majeure; $74,000 PCO escrow continues
• Working capital account of approximately $220,030 as of May 1, 2025
• Sponsor controls the Condominium Board (Jeremy Blickenstaff, Tim Sullivan, Artie Zeckendorf); first annual meeting about 30 days after the second anniversary of the First Closing
• Sponsor's address changed to 4020 Maple Avenue, Suite 675, Dallas, Texas 75219
• Plan term extended

Amendment 4 Feb 6, 2025

This Fourth Amendment replaces the plan's price schedule (Schedule A) with updated offering prices for the unsold homes, plus related unit and common charge information.

• Schedule A updated with current offering prices for unsold units (Exhibit A)
• Offering prices run from $975,000 (Unit 3C) to $10,500,000 (Unit PH)
• Storage locker price table has a Purchase Price column but no amounts in this copy
• Schedule A footnotes are in the Third Amendment, not in this text

Amendment 3 Sep 20, 2024

This Third Amendment records that the First Closing took place on May 20, 2024, that Common Charges are waived through February 1, 2025, and that Sponsor's unsold-unit and financial disclosures are current as of September 1, 2024.

• Common Charges waived from the First Closing to February 1, 2025; owners pay Actual Operating Expenses instead
• Sponsor advanced $350,000.00 to the Condominium, repayable within sixty (60) days after the Waiver Period expires
• First Closing took place May 20, 2024 with respect to Unit 12B
• Sponsor controls the Condominium Board until the earliest of: fifth anniversary of First Closing, closing of title to all offered Units, or Sponsor's election to relinquish
• Board members are Jeremy Blickenstaff (President), Tim Sullivan (Vice President) and Artie Zeckendorf (Secretary/Treasurer), all affiliated with Sponsor
• First Annual Meeting of Unit Owners about 30 days after the second anniversary of First Closing, or earlier if the Board schedules it
• Sponsor sold 24 Residential Units; 42 Residential Units remain unsold as of September 1, 2024
• Managing Agent is Brown Harris Stevens Residential Management, LLC, which is not affiliated with Sponsor

Amendment 2 Apr 17, 2024

This second amendment to the 249 East 62nd Street Condominium plan updates Schedule A to add an offering price for a Reserved Residential Unit.

• Offering price for a Reserved Residential Unit added to Schedule A (Exhibit A)
• Section 4 states no other material changes except as set forth in this amendment

Amendment 1 Mar 21, 2024

This amendment declares the condominium plan effective after enough buyers signed option agreements, adds a federal money-laundering reporting rule for certain cash purchases, and extends the plan's term.

• Plan declared effective: option agreements from bona fide purchasers for more than 10 of the 65 residential units (excluding the Resident Manager's Unit), an excess of 15%
• Schedule lists 10 counted units with option agreement dates from October 19, 2023 to March 18, 2024
• FinCEN disclosure added: certain all-cash or non-loan purchases in New York City over $300,000 require documents delivered to the title company at closing
• Failure to deliver those FinCEN documents is an Event of Default under the Option Agreement
• FinCEN order stated as in effect until April 18, 2024, subject to further extension
• Plan term extended