35 East 4th Street Condo

Amendment 6 Dec 19, 2007

This amendment reports the first closing, working capital fund deposit, retained unsold units, board composition, and extends the offering plan.

• First unit closing occurred September 6, 2007
• Temporary Certificate of Occupancy issued August 16, 2007
• Condominium Declaration filed April 26, 2007
• Working capital fund of $1,625.00 deposited at Washington Mutual Bank
• Sponsor retains 5 unsold units with varying common interests
• Board of Managers consists of Clemente Valguarnera, Denise Rodriquez, and Harold Gruber
• First unit owner meeting scheduled for January 15, 2008
• Offering Plan extended for additional six months

Amendment 5 May 31, 2007

One unit constituting 16.66% of the units has accepted a purchase agreement, and the offering plan is declared effective as of April 26, 2007.

• One unit (16.66% of residential units) purchase agreement accepted
• Offering plan declared effective as of April 26, 2007

Amendment 4 Jan 26, 2007

The offering plan is extended six months, the projected condominium operation dates are revised, laundry facilities are clarified, and the private roof terrace allocation is corrected from apartment #4 to apartment #6.

• Offering plan extended for six (6) additional months
• Projected first date of condominium operation revised to July 1, 2007 through January 30, 2008
• Laundry facilities located in basement (two washers, two dryers, coin-operated), not individual apartment hook-ups
• Private roof terrace as limited common element allocated to apartment #6, not apartment #4
• Purchasers offered right of rescission within ten (10) days of receiving amendment
• Budget remains unchanged

Amendment 3 Sep 6, 2006

Unit designations changed, sixth parking space added, common charges recalculated, and building equipment and finishes upgraded.

• Units renamed: Unit 2A becomes Unit 2, Unit 2B becomes Unit 3
• Sixth parking space added to project
• Common interest allocation and common charges revised
• First year of operation: January 1, 2007 through December 31, 2007
• Cellar storage areas reassigned as limited common elements to each unit
• Kitchen upgraded with stove, refrigerator, upgraded cabinets and countertops supplied
• Bathroom fixtures changed, heating and hot water equipment changed
• Roof terraces covered with treated wood decking
• Schedule A prices increased for 6 homes (median +9.8%): 1 $400,000 → $430,000; 2 $410,000 → $450,000; 3 $410,000 → $450,000; 4 $410,000 → $450,000; ...

Amendment 2 Mar 14, 2006

First year of condominium operation changed to July 1, 2006 – June 30, 2007; heat, hot water and electric cost projections increased due to fuel costs; offering plan term extended six months.

• First year of operation now July 1, 2006 – June 30, 2007
• Heat, hot water and electric cost projections increased
• Offering plan term extended six (6) months
• Revised Schedules A, B, B1 and Footnotes to Schedule B attached

Amendment 1 Nov 16, 2005

Unit prices increased across all 6 units in the building.

• Unit 1 price raised from $400,000.00 to $430,000.00
• Units 2–5 prices raised from $410,000.00 to $450,000.00 each
• Unit 6 price raised from $430,000.00 to $500,000.00