Condos @ 251 St. Marks

Amendment 1 Jun 22, 2023

Offering prices for six units are raised, lot line window locations are clarified, construction is substantially complete with TCO expected in October 2023, and floor plans and finishes are updated.

• Offering prices increased for units 1B ($2,750,000), 2A ($1,835,000), 3A ($2,100,000), 3B ($1,685,000), 4A ($1,925,000), 4B ($1,115,000)
• Lot line windows clarified: Unit 1A 2nd floor only, Unit 1B none, Unit 3A 4th floor only, Unit 3B 3rd floor, Unit 4B none
• Temporary Certificate of Occupancy expected in October 2023; Final Certificate of Occupancy expected 3-6 months later
• Rear yard allocations: Unit 1A 379 SF, Unit 1B 816 SF, Unit 2A 456 SF
• Balcony and terrace deck finish changed to 12"x24" black porcelain tile; roof surface to 24"x24" Technika Antracite pavers
• Rear yard to be paved concrete instead of pavers
• Kitchen appliances specified: Bosch ovens, Liebherr or Smeg refrigerators, Bertazzoni cooktops, Bosch dishwashers
• Plan term extended six months from amendment date
• Schedule A prices increased for 5 homes (median +6.0%): 1B $2,595,000 → $2,750,000; 2A $1,750,000 → $1,835,000; 3A $1,845,000 → $2,100,000; 3B $1,595,000 → $1,685,000; ...
• Schedule A prices decreased for 1 home (median -1.0%): 4A $1,945,000 → $1,925,000