91 Diamond Street

Amendment 4 Sep 23, 2020

This amendment replaces the plan's selling agent with Brown Harris Stevens Development Marketing LLC, updates the related definitions and brokerage terms, and extends the plan's effective period by six months.

• Brown Harris Stevens Development Marketing LLC named as Selling Agent, 445 Park Avenue, 10th Floor, New York, NY 10022
• Selling Agent description in Identity of Parties replaced, including its business history and disclosure statements
• Definition of "Selling Agent" replaced to name Brown Harris Stevens Development Marketing LLC
• Purchase Agreement paragraph 25 (Brokerage) replaced to name Brown Harris Stevens Development Marketing LLC as Broker
• Effective period for using the Plan extended six (6) months from the date of acceptance by the Department of Law of the State of New York

Amendment 3 Aug 31, 2020

This amendment declares the 91 Diamond Street condominium offering plan effective after purchase agreements were signed for two units (20% of the units offered) and extends the period for using the plan by six months.

• Plan declared effective: purchase agreements executed for 2 units, 20% of units offered
• Units counted: 2B (agreement dated 8/27/20) and 4A (agreement dated 8/5/20)
• Plan's effective period extended six months from the date the Department of Law accepts this amendment

Amendment 2 May 11, 2020

This amendment limits the sponsor's liability for force majeure delays and for title failure in the form Purchase Agreement, corrects the roof warranty to one year, revises unit layouts, square footages and floor plans, and extends the Plan's effective period by six months.

• Purchase Agreement Section 20 replaced: sponsor and purchaser may be excused from timely performance during force majeure events, with deadlines tolled
• Sponsor's liability for failure to deliver title limited to return of deposit, with interest if any
• Special Risk 28 corrected: sponsor provides a one-year manufacturer's warranty on the new modified bitumen roof, covering material and labor
• Unit descriptions and approximate gross square footages revised in Schedule A and Schedule B for layout changes
• Site Plan and Floor Plans revised for layout changes and square footage corrections (Exhibit D)
• Architect's Report addendum dated April 20, 2020 added (Exhibit C)
• As of this amendment, no units are in contract and the First Unit Closing has not occurred
• Effective period for using the Plan extended six months from Department of Law acceptance

Amendment 1 Dec 31, 2019

This amendment replaces Schedule A with revised First Year real estate tax and common charge estimates, moves the projected First Year to July 1, 2020 through June 30, 2021, and rewrites the related tax and closing-delay risk disclosures.

• Schedule A replaced with a Revised Schedule A (Exhibit A), with column (6) common charges and column (7) real estate taxes revised
• First Year of Condominium operation now July 1, 2020 through June 30, 2021
• Projected First Year real estate taxes for all Residential Units: $18,351.00, based on tentative taxable assessed valuation of $145,069.00 and a 12.650% tax rate
• Projected real estate taxes upon 100% completion: $139,150.00, based on a $1,100,000.00 assessment and the same 12.650% rate
• Special Risk 14 (taxes may increase after reassessment) rewritten; no right to rescind because of such increases
• Special Risk 25 (First Residential Closing timing and possible delays in later closings) rewritten
• Notes to Schedule A 6 and 7 replaced to reflect the new First Year budget and tax projections