How to Find and Read Amendments to a NYC Condo Offering Plan

Updated Sep 25, 2026 · 4 min read

Short answer: Every amendment is listed by number and date on the plan's record in the Attorney General's Real Estate Finance database, with posted ones as PDFs on its Documents tab, and each building page on The Condo Book Project has an amendments table. They matter because prices move: of the 2,246 NYC condo plans accepted since 2015 whose record shows both a first and a current total offering price, 52% have gone up and 14% have come down. Cuts are far more common in Manhattan (32% of plans) than in Brooklyn (12%). Amendments are also where new budgets, closing dates and your right to cancel show up, so read the latest one first.

What Amendments Show About Prices

Share of plans whose total offering price is now lower than at filing

Manhattan	32%
Brooklyn	12%
Queens	13%
Buildings over 50 units	28%
Buildings of 10 units or fewer	13%

NYC condo plans accepted since 2015 whose AG record shows both an initial and a current total offering price (2,246 plans).

Raises are bigger than cuts. The typical raise added 9% to the plan's total; the typical cut took off 5%. 34% show no change.
Big buildings cut more often. 28% of plans over 50 units show a lower total, against 13% of plans with ten units or fewer.
Big buildings amend more. The median plan accepted since 2015 lists 3 amendments; plans over 50 units, 9; ten units or fewer, 2. 346 Kent Avenue (CD230188) in Williamsburg lists 31.

The catch: an amendment only shows cuts the sponsor has to file. Under the AG's rules (13 NYCRR 20.3(k)), a plan that says prices are negotiable lets the sponsor sell a unit below its Schedule A price without filing anything. A filed amendment is needed for an across-the-board change, a change to a whole line of units, an advertised change, or a raise for one buyer. So a quiet discount shows up only in the deed price on ACRIS, not in the plan.

The total offering price also moves when units are added, combined or taken off the plan, so read the new Schedule A before you call a change a price cut.

What the AG's Rules Require

New-construction and vacant condos are governed by the Attorney General's Part 20 regulations (13 NYCRR Part 20). The parts that matter to a buyer:

Amend promptly. When the plan is no longer accurate, it "must be amended promptly," and each amendment must say it includes every material change (§ 20.5(a)).
Price changes skip the line. An amendment that only changes prices counts as filed the day it is submitted, with no wait for an AG letter (§ 20.5(d)). Most other amendments are filed only on the date of the AG's acceptance letter.
Bad news gives you an exit. If an amendment discloses a material adverse change, the sponsor must offer existing buyers the right to rescind, with at least 15 days to decide, and return their deposits (§ 20.5(a)(5)).
Plans expire unless renewed. A plan can be used for 12 months from the AG's filing letter. Before the first closing, each non-price amendment extends it six months (§ 20.5(c)).
Effectiveness and first closing. The plan can be declared effective once buyers have signed for at least 15% of the units, and must be once the sponsor has accepted contracts for 80% (§ 20.3(q)). The sponsor must file an amendment within 45 days of the first closing (§ 20.5(f)).

How to Find Every Amendment

Open the Attorney General's Real Estate Finance database and search by plan ID, address or name. (Full walkthrough.)
On the plan record, the Plan Details tab shows the initial and current total offering price. If they differ, the prices have changed since filing.
The amendments list gives each one's number and submission date. The Documents tab has each posted amendment as its own PDF. Amendments listed but not posted can be requested from the AG through a Freedom of Information Law (FOIL) request.
On The Condo Book Project, each building page has an amendments table, and its search box covers the plan and its amendments together. Results from plans with amendments we haven't read yet are marked.

How to Read an Amendment Quickly

Start with the latest amendment. Most open with a summary of what changed.
A new Schedule A or Schedule B replaces the old one. Compare the two: a lower budget or a higher tax estimate changes your monthly cost.
Look for a rescission offer. If there is one, the sponsor is telling you the change is material and adverse, and the clock is running.
Check the sales report. Amendments filed after the plan is effective usually report units sold and closed and what the sponsor owes on unsold units.
Cite amendments by plan ID and number, for example "CD230188, Amendment 31".

FAQ

How many amendments does a condo offering plan have?

The median NYC plan accepted since 2015 lists 3. Large buildings collect far more: plans over 50 units have a median of 9, and 346 Kent Avenue lists 31.

Do amendments get a new CD number?

No. Amendments stay under the original plan ID and are numbered in sequence. (How CD numbers work.)

Can a sponsor cut my price without an amendment?

Yes, for one buyer. If the plan says prices are negotiable, the AG's rules let a sponsor sell a unit below its Schedule A price without filing. Across-the-board cuts, cuts to a line of units and advertised cuts need an amendment.

Can I cancel my contract because of an amendment?

Only if the amendment discloses a material adverse change. Then the sponsor must offer you rescission, with at least 15 days to decide, and return your deposit. Ask your attorney whether a change qualifies.

If an amendment changes the price, which price is right?

The latest filed Schedule A is the sponsor's current asking price, but it can still be negotiated or changed again. Confirm it with your attorney before signing.

Where does the price data come from?

From the initial and current total offering price on the AG's record for NYC condo plans accepted since 2015, as of Oct 27, 2026. Changes larger than a 60% cut or a 200% raise are left out as likely record errors.