Bainbridge House, Inc.

Amendment 26 2008

This amendment discloses the 2007 financial statement, the 2008 budget, and current maintenance charges, lists the board members and officers, and gives financial information about the holder of unsold shares, 568 Realty LLC.

• Maintenance charges are now $12.55 per share per month
• Ongoing assessment of $0.445 per share per month to pay for increased fuel costs
• 2007 financial statement (year ending December 31, 2007) annexed as Exhibit 1
• 2008 budget annexed as Exhibit 2
• Board officers and directors listed; Marc Fishman, Jennifer Solomon and Efi Cohen were designated by the Holder of Unsold Shares
• Schedule of unsold shares (approximately 15% of all shares, held by 568 Realty LLC) annexed as Exhibit 3
• Holder of Unsold Shares pays aggregate monthly maintenance of $4,932.15 and assessment of $174.89, and receives aggregate monthly rents of $7,076.36
• Holder of Unsold Shares states none of its unsold shares are subject to mortgages or financing commitments

Amendment 25 Aug 20, 2007

This amendment discloses the 2006 financial statement, the 2007 budget, current maintenance charges of $12.55 per share per month, the board members, financial information about the sponsor (holder of unsold shares), and a Local Law 11 exterior report stating the building has no unsafe conditions.

• Maintenance charges now $12.55 per share per month
• 2006 certified financial statement annexed as Exhibit 1
• 2007 budget annexed as Exhibit 2
• Board officers and directors listed; Marc Fishman, Jennifer Solomon and Efi Cohen were designated by the holder of unsold shares
• Holder of unsold shares (568 Realty LLC) holds unsold shares of approximately 21% of all shares, with schedule and latest prices in Exhibit 3
• Holder's aggregate monthly maintenance payment is $7,241.35 and aggregate monthly rents received are $8,779.28
• Holder of unsold shares has no financing on its unsold shares and is current on its Plan obligations
• Local Law 11 exterior report annexed as Exhibit 4, stating no unsafe conditions

Amendment 24 Aug 3, 2006

This amendment discloses the cooperative's 2005 financial statement, sets current maintenance at $12.55 per share per month, lists the board members and officers, and gives financial information about the holder of unsold shares, 568 Realty LLC.

• Maintenance charges now $12.55 per share per month
• 2005 certified financial statement attached as Exhibit 1; 2006 budget not attached because the board did not provide it
• Board officers and directors listed; Marc Fishman, Jennifer Solomon and Efi Cohen were designated by the holder of unsold shares
• Schedule of unsold shares attached as Exhibit 2; all held by 568 Realty LLC (approximately 21% of shares)
• Holder of unsold shares pays aggregate monthly maintenance of $7,115.85 and receives aggregate monthly rents of $9,298.37
• No unsold shares are subject to mortgages or financing commitments
• Holder of unsold shares does not control the board; it surrendered control in October 1991

Amendment 23 Aug 4, 2005

The amendment discloses 2004 and 2003 financial statements, the 2005 budget, and a maintenance increase to $12.55 per share per month, names the current board, and discloses successor sponsor 568 Realty LLC, which took over the sponsor's unsold shares.

• Maintenance charges increased to $12.55 per share per month
• Successor Sponsor 568 Realty LLC took over all Unsold Shares (approximately 24% of shares) from Modern Realty Associates
• 2004 and 2003 certified financial statements disclosed
• 2005 budget adopted by the board disclosed
• Current board officers and directors listed; Marc Fishman, Jennifer Solomon and Efi Cohen were designated by the Holder of Unsold Shares
• Aggregate monthly maintenance paid by Successor Sponsor is $8,074.75
• Aggregate monthly rents received by Successor Sponsor are $11,333.54
• None of the Unsold Shares are subject to mortgages or financing commitments

Amendment 22 Dec 17, 2003

This amendment discloses the Cooperative's 2002 financial statements, raises maintenance charges to fund operating losses, lists the current Board members and officers, and reports financial information about the Sponsor and holder of unsold shares.

• Maintenance charges increased by ten (10%) percent to $11.01 per share per month
• 2002 certified financial statements attached as Exhibit 1, showing operating losses in 2002 and 2001
• Budget for 2003 is the same as the budget for 2002
• Current Board officers and directors listed; Marc Fishman, Jennifer Solomon and Efi Cohen were designated by the holder of unsold shares
• Schedule of unsold shares and latest prices attached as Exhibit 2; unsold shares held by Sponsor Modern Realty Associates (approximately 25% of shares)
• Aggregate monthly maintenance paid by holder of unsold shares is $7,365.69; aggregate monthly rents received are $9,672.93
• Apartment 1A is vacant and would rent for approximately $750.00 when rented
• None of the unsold shares are subject to mortgages or financing commitments

Amendment 21 2003

This amendment raises the prices of the unsold shares held by the Sponsor and discloses the 2001 financial statements, current maintenance charges, current board members, and the Sponsor's financial position.

• Prices for all unsold apartments increased to the amounts shown in Exhibit 2
• Maintenance charges now $10.01 per share
• Annexed Exhibit 1 discloses the Cooperative's financial statement for the year ending December 31, 2001
• Current board officers and directors disclosed; Marc Fishman, Jennifer Solomon and Efi Cohen were nominated by the Holder of Unsold Shares
• Unsold shares, about 25% of all shares, are held by the Sponsor, Modern Realty Associates
• Sponsor and holder of unsold shares report aggregate monthly maintenance payments of $6,099.12 and aggregate monthly rents of $10,259.78
• Unsold shares are not subject to mortgages or financing commitments
• Sponsor states it does not control the Board of Directors, having surrendered control in October 1991

Amendment 20 Jan 2, 2002

This amendment discloses the 2000 financial statements, current maintenance charges, board members, the sponsor's unsold-share finances, and the reserve and working capital funds, and raises share prices to $2,800.00 per share.

• Prices for shares increased to $2,800.00 per share
• Maintenance charges now $10.01 per share per month
• Exhibit 1 includes certified financial statements for the year ending December 31, 2000 and the 2001 budget report; the 2002 budget has not yet been adopted and is expected to remain the same as the current budget
• Sponsor Modern Realty Associates holds all Unsold Shares (approximately 31% of all shares in the building), with aggregate monthly maintenance of $8,158.15 and aggregate monthly rents of $11,687.31
• No Unsold Shares are subject to mortgages or financing commitments
• Sponsor surrendered control of the Board of Directors in October 1991
• Board officers and directors listed, including Connie Anestis, President
• Reserve Fund and Working Capital Fund balances disclosed; Working Capital Fund balance $23,935.75 as of September 30, 2001

Amendment 19 Dec 5, 2000

This amendment updates the Bainbridge House co-op plan with 1999 financial statements, the 2000 budget, the board roster, the Sponsor's unsold-share and tax status, a building exterior report, reserve fund balances, and a new per-share maintenance charge and electrical assessment.

• Maintenance charges now $9.0619 per share per month
• Monthly electrical upgrade assessment paid until May 2001
• 2000 budget is the same as the 1999 budget
• Board members and officers listed; Sponsor surrendered board control in October 1991
• Sponsor's unsold shares (approximately 35% of all shares) and their latest prices listed in Exhibit 2
• Exterior report under Local Law 11 finds unsafe conditions and recommends repairs
• Reserve funds $37,146.41 and working capital $5,662.77 as of September 30, 2000
• No unsold shares mortgaged; about $75,000.00 in tax arrears on unsold units at 5775 Mosholu Avenue