H70 Condominium

Amendment 4 May 23, 2024

This amendment reports the first closing, the final certificate of occupancy, the declaration's recording, the bank balances, the sponsor's unsold-unit list with charges and taxes, and the date the sponsor gives up board control.

• Sponsor will relinquish control of the board on June 29, 2024
• Final certificate of occupancy issued April 9, 2024
• Closing of title to first Unit occurred January 19, 2024
• Condominium declaration recorded January 4, 2024 in CRFN 2024000002343
• Real estate taxes separately assessed for each Unit as of July 1, 2024
• Unsold Units list: 40.76% total common interest, $7,007.43 total monthly common charges, $837.04 total monthly real estate taxes
• Operating account balance $7,094.00; reserve fund balance $877.12 (both at Flushing Bank)
• Sponsor states no unsold units are tenant-occupied or mortgaged, and that it is current and solvent

Amendment 3 Feb 28, 2024

This amendment changes the unit C1 size, the appliances included in sales, the storage and roof terrace arrangements, the prices of eight parking units, and the managing agent and its first-year fee.

• Size of Unit C1 increased
• Storage spaces, previously common elements, assigned to all Residential Units as limited common elements
• Roof terrace licenses eliminated
• Appliances included in the sale of all Residential Units and Unit C1 revised
• Offering prices of Parking Units P1, P7, P10, P11, P12, PS13, P15, and P17 revised
• Managing Agent changed to FIDY Management Inc., with a first-year annual fee of $12,000.00 payable in advance in monthly installments, instead of COE Property Management Services, LLC at $30,000.00
• Schedules A and B to the Declaration amended to reflect these changes

Amendment 2 Dec 1, 2023

This Second Amendment revises the offering prices of all parking units, as set out in a revised Schedule A annexed as Exhibit 1, and makes no other changes to the Plan.

• Offering prices of all Parking Units revised
• Revised Schedule A annexed as Exhibit 1
• Schedule A lists PS1 through PS18 at $125,000.00 each
• Schedule A is labeled July 1, 2024 - June 30, 2025
• No other changes to the Plan

Amendment 1 Jul 14, 2023

This amendment declares the H7O Condominium plan effective because purchasers signed agreements for seven Residential Units (16.28% of units offered), and it attaches the sponsor's affidavit.

• Plan declared effective upon acceptance of this amendment for filing
• Seven (7) Residential Units counted, constituting 16.28% of all Residential Units offered
• Units counted: 2A, 4A & PS2, SC & PS3, SD, 6D, 6E, 7E, with agreements accepted April 19, 2023 through June 6, 2023
• Sponsor's affidavit under 13 NYCRR §20.5(e)(5) annexed as Exhibit 1
• No other changes; remaining plan terms stay in full force