476 Union Avenue

Amendment 7 Feb 28, 2023

Successor Sponsor's counsel changed from D'Agostino, Levine, Landesman & Lederman, LLP to Marcus Attorneys PLLC, with updated escrow account details and procedures.

• Successor Sponsor's counsel changed to Marcus Attorneys PLLC at 13 Greene Avenue, Brooklyn, NY 11238
• Escrow Agent now Marcus Attorneys PLLC with signatories Guillermo Santiago, Philip Lavender, and Jed Marcus
• Escrow account moved to Bank of America at 76 Court Street, Brooklyn, New York 11201
• FDIC insurance covers maximum $250,000 per deposit; excess deposits uninsured
• Interest-bearing sub-accounts available at 0.0001% per annum if W-8 or W-9 form provided
• Escrow Agent must sign Purchase Agreement and notify purchaser within 5-10 business days of deposit
• Disputes over escrow funds resolved through expedited arbitration administered by JAMS
• All changes apply to Purchase Agreements executed after amendment filing date
• Schedule A prices increased for 2 homes (median +4.9%): 4B $885,000 → $900,000; 5A $1,525,000 → $1,600,000

Amendment 4 Mar 13, 2018

Amendment updates the anticipated first year of condominium operation to July 1, 2018 through June 30, 2019, revises Schedules A and B with updated common charges and budget projections, and changes mechanical systems.

• First Year of Condominium operation changed to July 1, 2018 through June 30, 2019
• First Unit Closing anticipated on or about July 1, 2018
• Temporary certificate of occupancy expected July 1, 2018; permanent certificate within 2 years of first closing
• Projected post-construction actual total assessed valuation for all units: $202,200.00
• Projected 2018/2019 tax rate: 12.892%; estimated total real estate taxes: approximately $26,068.00
• Schedule A revised with updated common charges and estimated taxes
• Schedule B revised with updated utility costs from mechanical system and service changes
• Purchasers get rescission right if first closing delayed 12+ months beyond July 1, 2018