Cast Iron Corp. /67 East 11th St.

Amendment 29 Jul 17, 2013

The amendment extends the offering plan for twelve months, replaces the escrow agent and escrow terms with a revised Purchase Agreement, and attaches financial statements and a 2013 budget.

• Offering plan extended for twelve months from the date of this Amendment
• Escrow agent changed to Michael D. Utevsky, Attorney at Law, 276 Fifth Avenue, Suite 1008, New York, NY 10001
• Escrow account at First Republic Bank, insured by the FDIC up to $250,000 per deposit; no interest earned and no fees deducted from the account
• Deposit notice rules: escrow agent must place deposit within five business days and send written notice within ten business days; purchaser may cancel within ninety days if no notice arrives within fifteen business days
• Attorney General's authority to adjudicate disputes over deposits removed, for purchasers who have not received a fully executed Purchase Agreement
• Sponsor-owned units: Holder owns nine (9) Unsold Units (Exhibit A) and 1,143 Unsold Shares, less than 10% of building shares
• Financial statements for 2011, 2010, 2012 and 2011 attached as Exhibit B; 2013 budget attached as Exhibit C
• Holder appoints one of five Board members; Sponsor relinquished control on or about February 5, 1986

Amendment 28 2012

This amendment reports that the Holder of Unsold Shares owns 11 unsold units, updates the board roster, attaches audited financial statements and a 2011 budget, and extends the offering plan for twelve months.

• Holder of Unsold Shares (Greenwich Village Renovation Company, LLC) owns 11 unsold units (Exhibit A) and 1,445 unsold shares, less than 10% of total building shares
• Offering plan extended for twelve months from the date of this Amendment
• Sponsor relinquished control of the Board on or about February 5, 1986; Holder appoints one of five Board members
• Current Board: Mark Feinberg, Michael Feldman, David Lithgow, Jason Maurer, Joshua Spiegel
• Audited financial statements for the years ended December 31, 2009 and 2008, and December 31, 2010 and 2009, attached as Exhibit B; Holder did not prepare them
• Budget for the year 2011, as adopted by the Board of Directors, attached as Exhibit C
• No other material changes to the Plan

Amendment 27 Jun 14, 2010

The amendment extends the offering plan for twelve months, updates the Holder's unsold-unit holdings, board control, and financial disclosures, and attaches 2008 and 2007 audited financial statements and a 2010 budget.

• Offering plan extended for twelve months from the date of this Amendment
• Holder owns thirteen (13) Unsold Units, identified on Exhibit A
• Aggregate monthly maintenance for Unsold Shares is $15,989.51, plus a special assessment of $403.39 per month
• Aggregate monthly rents from tenanted Unsold Units are $26,511.38
• Holder is current on all obligations to the cooperative and has been for the prior 12 months
• No Unsold Shares have been pledged as collateral for loans
• Audited financial statements for 2008 and 2007 attached as Exhibit B; 2009 audit not yet available
• Board budget for 2010 attached as Exhibit C, with 2009 budgeted amounts and unaudited results for the first 9 months of 2009

Amendment 26 2008

This amendment extends the offering plan for twelve months, updates the Holder's unsold-unit holdings, finances, and board representation, and attaches audited financial statements and a 2008 budget.

• Offering plan extended for twelve months from the date of this Amendment
• Holder owns fifteen (15) Unsold Units, listed in Exhibit A
• Aggregate monthly maintenance on Unsold Shares is $16,212.83
• Aggregate monthly rents from tenanted Unsold Units are $35,048.45
• Holder paid a special assessment of $14,630.40 in April 2008
• Holder is current on all cooperative obligations and has been for the prior 12 months; no Unsold Shares are pledged as loan collateral
• Board members listed; Holder appoints one of five members
• Audited financial statements for 2005-2006 and 2006-2007 attached as Exhibit B; 2008 budget attached as Exhibit C

Amendment 25 2006

This amendment updates the sponsor's unsold-unit holdings, board representation, and financial disclosures, attaches audited financial statements and a 2006 budget, and extends the offering plan for twelve months.

• Offering plan extended for twelve months from the date of this Amendment
• Holder of Unsold Shares owns 16 Unsold Units, listed on Exhibit A
• Holder's aggregate monthly maintenance payments for Unsold Shares are $15,452.88
• Aggregate monthly rents from tenanted Unsold Units are $36,988.77
• Holder paid a $16,011.10 special assessment in June 2005
• Holder appoints one of five Board members; Sponsor relinquished Board control on or about February 5, 1986
• Holder is current on all cooperative obligations; no Unsold Shares are pledged as loan collateral
• Audited financial statements (Exhibit B) and 2006 budget (Exhibit C) attached

Amendment 24 Mar 24, 2005

The amendment prices the 20 remaining unsold units at $5,500.00 per share, ends sponsor financing so buyers must pay all cash unless the Holder agrees to outside financing, makes buyers pay transfer taxes and a $1,850.00 seller's attorney fee, extends the plan twelve months, and updates escrow, counsel and managing agent details.

• Remaining 20 unsold units offered at $5,500.00 per share allocated to such units
• Holder no longer offers sponsor financing; purchasers must buy all cash unless the Holder agrees to financing from a financial institution
• Purchasers must pay New York State and New York City transfer taxes on their unit sale
• Purchasers must pay Seller's attorney fees of $1,850.00 at closing
• Offering plan extended for twelve months from the date of this Amendment
• Escrow section replaced: deposits held by Michael D. Utevsky, Attorney at Law, as Escrow Agent
• New counsel for the Holder: Michael D. Utevsky, Attorney at Law
• Current managing agent is Cooper Square Realty, Inc., not affiliated with the Holder