ninth amendment to condominium offering plan the

NINTH AMENDMENT
TO
CONDOMINIUM OFFERING PLAN
THE 220 CENTRAL PARK SOUTH CONDOMINIUM
220 CENTRAL PARK SOUTH
NEW YORK, NEW YORK 10019
DATED: - - - - - - ' 2016
NY 76197705v5
TABLE OF CONTENTS
Section Page
1.
SUBDIVISION AND RECONFIGURATION OF UNITS ............................................... 1
2.
FLOOR PLANS ... .... ... ................................................................................................... ..... 1
3.
COMMONINTERESTOFCERTAINUNITS .. ........................................ ....................... l
4.
SUITE UNIT OCCUPANCY ......................................... .............. .... .... ........... .... ............... 2
5.
ESCROW AND TRUST FUND REQUIREMENTS ..... ...................... ............... ............... 2
6.
SCHEDULE B - PROJECTED BUDGET FOR FIRST YEAR OF CONDOMINIUM
OPERA'f iON ... ................................. ........ ........... ........ ................................ ......... ....... ....... 2
7.
INCORPORATION OF THE PLAN ... .............................................................................. 2
8.
DEFINITIONS ....................... ........... ........ .... ............... ......................... ........................ ...... 3
9.
NO MA'fERIAL CHANGES ........ ................................................ .... ....... .......................... 3
10.
EFFECTIVE PERIOD FOR USING THE PLAN IS EXTENDED ..................... ....... .... ... 3
Exhibits
A.
UPDATED FLOOR PLANS
B.
SCHEDULE A, OFFERING PRICES AND RELATED INFORMATION
C.
AMENDMENT TO ARCrllTECT'S REPORT
D.
UPDATED 339-i OPINION LETTER
E.
UPDATED BUDGET CERTIFICATION
- 1-
NY 76197705v5
NINTH AMENDMENT
TO
CONDOMINIUM OFFEIUNG PLAN
THE 220 CENTRAL PARK SOUTH CONDOMINIUM
INTRODUCTION
This Ninth Amendment (the "Amendment") modifies and supplements the terms of the
Condominium Offering Plan for The 220 Central Park South Condominium, 220 Central Park
South, New York, New York 10019, dated March 4, 2015, as an1ended, (the "Plan") and should
be incorporated into and read in conjunction with the Plan.
The terms of this Amendment are as follows:
1. SUBDIVISION AND RECONFIGURATION OF UNITS
The Plan is hereby amended to reflect that Unit 58A is hereby subdivided into two (2)
separate units to be known as 58A and 59A (the "Subdivided Units"). Floor Plans for the
Subdivided Units 58A and 59A are annexed hereto as Exhibit A. The Purchase Prices and
Related Inf01mation for the Subdivided Units are set forth on the revised Schedule A annexed
hereto as Exhibit B. Annexed hereto as Exhibit C is an Amendment to Architect's Report
reflecting updates to the appliance schedule for the Subdivided Units. Annexed hereto as Exhibit
D is an updated 339-i opinion letter of Rose Associates. Prior to this Amendment, there were a
total 116 Units and as a result of the subdivision of Unit 58A, as described above, there are now
a total of 117 Units (including 10 Villa Units, 79 Tower Units, 28 Suite Units (including the
Resident Manager's Unit)).
2. FLOORPLANS
The Plan is hereby amended to include updated Floor Plans for Floors 45-49 and Floors
56-72, which reflects updates to Master Bath 1 on these Floors, and also reflects the elimination
of one of the balconies on Floors 62, 66 and 69. The updated Floor Plans are annexed hereto as
Exhibit A.
3. COMMON INTEREST OF CERTAIN UNITS
The Schedule A to the Plan is updated to reflect corrected Common Interest percentages
allocated to the following Units: 69th Floor, 70th Floor, 7lst Floor and 72nd Floor. The changes
to the Common Interest of the above noted Units does not impact any other Unit. Annexed
hereto as Exhibit Dis an updated 339-i opinion letter of Rose Associates.
NY 7619770Sv5
4. SUITE UNIT OCCUPANCY
The Plan, including the By-Laws, provides that Suite Units may not be rented or leased
except in the event that the Unit Owner thereof is also renting or leasing its Tower Unit or Villa
Unit. In furtherance of the foregoing, the Plan, including Section 8.1.2 of the By-Laws, is hereby
clarified and supplemented to include the below and provisions to the contrary are replaced:
Suite Units may only be owned by or sold to Persons owning or concuiTently purchasing
a Tower Unit or Villa Unit in the Condominium. Suite Units may not be rented or leased except
that, in the event that a Unit Owner is renting or leasing its Tower Unit or Villa Unit, such Unit
Owner must lease its Suite Unit to (i) the same Person that is renting or leasing the Tower Unit
and Villa Unit, provided that the renting or leasing of the Suite Unit is for the same period of
time as the lease of the Tower Unit or Villa Unit, or (ii) another Unit Owner in occupancy of a
Tower Unit or Villa Unit, each a "Suite Lessee". Any lease for a Suite Unit shall be deemed to
include language that the Suite Lessee is expressly prohibited from further sub-leasing the Suite
Unit and that no person other than the Suite Lessee and its respective Family Members, domestic
employees or non-paying guests are permitted to occupy the Suite Unit.
5. ESCROW AND TRUST FUND REQUIREMENTS
The Plan, including without limitation, the subsection entitled "Escrow and Trust Fund
Requirements" and the form of purchase agreement annexed as an Exhibit to the Plan is hereby
amended to reflect that when tendered, the Deposit will not be deposited into the Master Escrow
Account, and the Agreement will not be fully executed, until Purchaser has delivered two (2)
completed and signed original W-9 Forms (Request for Taxpayer Identification Number), W8BEN Forms (Certificate of Foreign Status of Beneficial Owner for United States Tax
Withholding) or W-8BEN-E Forms (Ce1iificate of Status of Beneficial Owner for United States
Tax Withholding and Reporting Entjties), as applicable, from the Purchaser AND from the
individual from whose account the deposit is issued, if the Deposit is not being issued from
Purchaser's account.
6. SCHEDULE B
PROJECTED
CONDOMINIUM OPERATION
BUDGET
FOR
FIRST
YEAR
OF
The Schedule B- Projected Budget for First Year of Condominium Operation
included in the Plan remains unchanged.
Annexed hereto as Exhibit E is an updated Certification by Sponsor's Expert as to
Adequacy of Condominium Budget.
7. INCORPORATION OF THE PLAN
The Plan, as modified and supplemented hereby, is incorporated herein by reference with
the same effect as if set forth at length.
-2NY 76197705v5
8. DEFINITIONS
All terms used in this Amendment not otherwise defmed herein shall have the same
meanings ascribed to them in the Plan.
9. NO MATERIAL CHANGES
Except as set forth in this Amendment, there have been no material changes of facts or
circumstances affecting the Property or the offering.
10. EFFECTIVE PERIOD FOR USING THE PLAN IS EXTENDED
The Plan, as modified and supplemented hereby, may not be used after six (6) months
following the Filing Date of this Amendment, unless the Plan is extended or amended.
SPONSOR:
VNO 225 WEST 58TH STREET LLC
...,
-.)-
NY 76 197705v5
EXHIBIT A
UPDATED FLOOR PLANS
NY 76 197705v4
LIVING ROOM
LIBRARY
42'· 0' X 19'·4'
16'·0' X 16'·5'
ll2.8m x S.9mt
(UmxS.O:nl
22'·0' X 16'·0'
(6.7mx4.9m)
FOYER
ELEVATOR
LOBIJY
(Mmx:um)
SCALE:
,....._---,
2' ,.
8'
0
* Lot line Window with sprinkler protection
45TH FLOOR
FLOOR: 45
AREA: 6,591 SQ FT
BALCONY: 96 SQ FT
FIVE BEDROOMS
SIX BATHS
TWO POWDER ROOMS
\
"
-;<.
220 CE N TRAL PARK SOUTH
NEW YORK
All dimensions are approximate and subject to normal construction variances and tolerances. Square footage exceeds the usable floor area and includes columns, mechanical pipes shafts. shaftways, chaseways
and conduits and other Common Elements. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Plans and dimensions may contain minor variations from floor to floor.
OatQ Issued:
6/28/2016
LIVING ROOM
42'·0' X 19'·4'
LIBRARY
16'•0' X 16'·5'
(IUift • IOmj
(UmJiS.Orn)
22'·0' X 16'•0'
(6.7mJ4.9"'l
CJ.41ftrl7m)
SCALE:
r---
o r
4'
I
a
* Lot Une Window with sprinkler protection
46TH & 47TH FLOORS
FLOORS: 46 & 47
AREA: 6,591 SQ FT
BALCONY: 96 SQ FT
FfVE BEDROOMS
SIX BATHS
TWO POWDER ROOMS
\
""
~
220 CE N TRAL PARK SOUTH
N E W YORK
All dimensions are approximate and subject to normal construction variances and tolerances. Square footage exceeds the usable floor area and includes columns, mechanical pipes shafts, shaftways, chaseways
and conduits and other Common Elements. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Plans and dimensions may contain minor variations from floor to floor.
Oottl>sutd•
6/21/2016
UV/NGROOM
LIBRARY
42'·0' X19'·4'
16'·0' X16'·5'
(U..8mxS..9m)
C4tm•S.Oml
DINING ROOM
22'· 0' X16'·0'
(6.7m x ~9m)
SCALE:
* Lot Line Window with sprinkler protection
48TH & 49TH FLOORS
FLOORS: 48 & 49
AREA: 6,591 SQ FT
BALCONY: 96 SQ FT
FfVE BEDROOMS
SIX BATHS
TWO POWDER ROOMS
\
0
..,.
220 CENTRAL PARK SOUTH
N!!W YORK
All dimensions are approximate and subject to normal construction variances and tolerances. Square footage exceeds the usable floor area and includes columns, mechanical pipes shafts, shaftways, chaseways
and conduits and other Common Elements. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Plans and dimensions may contain minor variations from floor to floor.
Oatels.sued:
6/28/2016
MASTER BEDROOM
Lf\1/NG ROOM
22'·6' X 16'·6'
35'-0' X18'-0'
BEDROOM2
12'·0' X14'·5'
tUmxS.Om)
(10.7mxS.Sm)
rn
r
'
L
56TH FLOOR
57TH FLOOR
SCALE,
r---
0
2'
I
8"
1,'
* lot Line Window with sprinkler protection
RESIDENCE A
FLO ORS: (56 & 57)
AREA: 4,814 SQ FT
FOUR BEDROOMS
FIVE BATHS
ONE POWDER ROOM
\
220 CENTRAL PARK SOUTH
NllW YORK
56TH FLOOR
All dimensions are approximate and subject to normal construction variances and tolerances. Square footage exceeds the usable floor area and includes columns. mechanical pipes shafts, shaftways, chaseways
and conduits and other Common Elements. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Plans and dimensions may contain minor variations from floor to floor.
oatt lssutd·
6/ 28/ 2016
UVINGROOM
36'·8' X15'·10'
(ll,lfn I 4 l m)
GAUERY
MASTER
BEDROOM
21'·8' X16'·0'
(Um x4.9m)
SCALE:
r--
o r •·
I
a•
* Lot Line Window with sprinkler protection
RESIDENCE A
FLOOR: 58
AREA: 2,431 SQ FT
TWO BEDROOMS
TWO BATHS
ONE POWDER ROOM
\~
'\\
220 CENTRAL PARK SOUTH
NEW YORK
All dimensions are approximate and subject to normal construction variances and tolerances. Square footage exceeds the usable floor area and Includes columns, mechanical pipes shafts, shaftways, chaseways
and conduits and other Common Elements. Sponsor reserves the right to make changes In accordance with the terms of the Offering Plan. Plans and dimensions may contain minor variations from floor to floor.
Oate lss.utd1
S/24/2016
MASTER BEDROOM
23'-0' X 15'·10'
*
(7,0mx,,8ml
LIVING ROOM/DINING ROOM
~3'-10' X 1T-6'
(IUm xUml
*
E.L£VATOR
UJOBY
*
SCALE:
* Lot Line Window with sprinkler protection
RESIDENCE A
FLOOR: 59
AREA: 3,814 SQ FT
THREE BEDROOMS
THREE BATHS
ONE POWDER ROOM
\~
~\
220 CENTRAL PARK SOUTH
NI!W YO RK
All dimensions are approximate and subject to normal construction variances and tolerances. Square footage exceeds the usable floor area and includes columns, mechanical pipes shafts, shaftways, chaseways
and conduits and other Common Elements. Sponsor reserves the right to make changes In accordance with the terms of the Offering Pl~n. Plans and dimensions may contain minor variations from floor to floor.
Dale ltsuod:
5/22/2016
21'-8" X 16'-6"
(6.6m x s,om)
LIBRARY
19'·4" X 16'·0'
38'-0" X 19'-0"
(5.9ml4,,.,)
DRESSING
ROOM
(n..6mxS.!m)
Bl
,
LIVING ROOM
18'-0" X 16'-0"
{S.S!'ftx,,9m)
KITCHEN
J
)2'·0" X 12'-0"
IJ.7mtJ.1mJ
SCALE:
r-----i
2' ,.
•.
0
* lot Une Window with sprinkler protection
60TH-70TH FLOORS
FLOORS: 60-70
AREA: 5,935 SQ FT
BALCONY: 96 SQ FT
FOUR BEDROOMS
FIVE BATHS
TWO POWDER ROOMS
\
"""-$.
220 CENTRAL PARK SOUTH
NEW YORK
All dimensions are approximate and subject to normal construction variances and tolerances. Square footage exceeds lhe usable floor area and includes columns, mechanical pipes shafts. shaftways. chaseways
and conduits and other Common Elements. Sponsor reserves lhe right to make changes in accordance with the terms of lhe Offering Plan. Plans and dimensions may contain minor variations from floor to floor.
Ootttss-.d,
7/08/2016
21'-8" X16'-6'
IUm•I.OmJ
LIBRARY
19'•4' X 16'·0'
tUmx,,tm)
LIVING ROOM
38'·0' X 19'·0'
(11.6mxs..em)
DINING ROOM
18'-0' X 16'·0'
(5.S:nxlt.9m)
FOYER
El.£VA.T0R
WBBY
DRESSING
ROOM
SCALE:
o~
r ,.
I
&'
* Lot Line Window with sprinkler protection
71ST FLOOR
FLOOR: 71
AREA : 5 ,935 SQ FT
BALCONY: 104 SQ FT
FOUR BEDROOMS
FIVE BATHS
1WO POWDER ROOMS
\
~.,.
.
~
220 CENTRAL PARK SOUTH
Nl!W YORK
All dimensions are approximate and subject to normal construction variances and tolerances. Square footage exceeds the usable floor area and Includes columns, mechanical pipes shafts, shaftways, chaseways
and conduits and other Common Elements. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Plans and dimensions may con lain minor variations from floor to floor.
Oahttnuodt
6/28/2016
21'·8' X16'·6'
CUmvS.Om)
LIBRARY
19'·4' X 16'·0'
(l.tm•'·""l
LfVINGROOM
38'•0' X 19'·0'
Cll.6m aS.a.m)
DINING ROOM
~-~ I
KffCHEN
18'·0' X 16'·0'
(S5mX4~
£/.£VATOR
LOBBY
SCALE:
O
r-;--::---1'
* Lot line Window with sprinkler protection
72NDFLOOR
FLOOR: 72
AREA: 5,935 SQ FT
BALCONY: 126 SQ FT
FOUR BEDROOMS
FTVE BATHS
TWO POWDER ROOMS
\
~
220 CENTRAL PARK SOUTH
NSW YORK
All dimensions are approximate and subject to normal construction variances and tolerances. Square footage exceeds the usable floor area and includes columns, mechanical pipes shafts, shaftways, chaseways
and conduits and other Common Elements. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Plans and dimensions may contain minor variations from Ooor to floor.
Dolttssutd,
6/ 28/ 2016
EXHIBITB
SCHEDULE A, OFFERING PRICES AND RELATED INFORMATION
NY 76197705v4
SCHEDULE A
THE 220 CENTRAL PARK SOUTH CONDOMINIUM
OFFERING PRICES AND RELATED INFORMATION
PROJECTED COMMON CHARGES AND REAL ESTATE TAXES ARE FOR:
THE ANTICIPATED FIRST YEAR OF CONDOMINIUM OPERATION JANUARY 1, 2018- DECEMBER 31,2018
Unit (1)
Approx.
Bedrooms I
A pprox. Unit
Terrace/
Bathrooms I
Square Feet
Balcony
Powder
Square Feet
(1)
Rooms (•)
f1l
VILLA BUILDING
UNITS
3rd FlOor
4th FlOor
5th Floor
6th Floor
7th Floor
Bth Floor Duclex
10th Floor
1 tth Floor Duplex
14th Floor Duplex
Penthouse 16
Subtotal
TOWER
BUILDING UNITS
22A
22B
22C
23A
23C
24A
246
24C
25A
25C
26A
266
26C
27A
27C
28A
286
29A
29B
30A
30B
31A
316
32A
326
33A
33B
34A
346
35A
36A
36B
37A
37B
'
5/6/1
5/6/1
5/6/1
5/6/1
5/6/1
6/7/1
4/311
3/4/1
3/3/1
3/4/2
Offering
Price (2)
s
4,896
4,994
4,994
4 994
4 946
7 911
3956
4 820
4 340
5,807
51,658
116
50 $
s
s
50
96 s
1095
30 $
1.685 $
558 $
1 551 $
5,231 $
32,000,000
34,000,000
34,500,000
45,000.000
50000.000
40 000 000
52 000000
47 000,000
70.000,000
404,500,000
Residential
Manager's Unit
Allocation (3)
$
s
s
s
s
$
$
$
$
s
s
65,243
66,215
66,438
66661
66056
113 267
54 434
70 880
64 695
86.132
720,020
Estlmated
Annual
Common
Charges (5)
Common
Interest (4)
1.2356%
1.2540%
1.2582%
1.2624%
1.2510%
2.1 450%
1.0309%
1.3423%
1.2252%
1.6312%
13.6358°4
s
s
s
s
s
$
$
$
$
$
s
113,565
115,258
115,646
116034
114 981
197 158
94 750
123378
112.611
149,926
1,253,307
Est! mated
Monthly
Common
Charges (5)
s
s
s
s
s
s
$
$
$
$
$
Estimated
Monthly
Real Estate
Taxes (6)
Estimated
Annual
Real Estate
Taxes (6)
9.464 $
9605
9,637 $
9669
9 582
16 430
7 896 s
10 28 1
9 384 s
12.494
104 442 $
s
s
s
s
s
s
140,340
142.431
142,911
143 390
142 089
243 641
117 089
152 466
139161
185,274
1 548,791
$
s
$
$
$
$
$
$
$
$
$
11,695
11,869
11,909
11 949
11 841
20 303
9 757
12 705
11 597
15,439
129,066
Estimated
Total Annual
Carrying
Charges (5)(6)
Estimated
Total Monthly
Carrying
Charges (5)(6)
s
s
s
s
s
s
s
s
s
s
$
$
$
$
$
253,905
257,689
258,556
259424
257 070
440 799
211 839
275 844
251 773
335.200
2 802 098
$
$
$
s
s
s
$
21,159
21 ,474
21 .546
21 619
21423
36 733
17 653
22.987
20 981
27,933
233,508
.
2/211
3/3/0
21211
212/1
212/1
212/1
313/0
2/211
21211
21211
2/211
31310
212/1
212/1
2/2/1
4/4/1
2/211
4/4/1
2/211
414/1
2/211
4/4/1
2/211
4/4/1
212/1
4/4/1
212/1
4/4/1
212/1
5/5/1
31311
31311
31311
31311
2,394
2,616
2 455
2 394
2 455
2,394
2 616
2.455
2394
2455
2 394
2 616
2.455
2 394
2 455
3 703
2 455
3 703
2 455
3 703
2455
3 703
2 455
3 703
2 455
3 703
2.455
3 703
2 455
4 184
3114
3043
3114
·----M~~
18
s
$
18
21
s
s
s
s
s
$
$
s
$
s
$
$
$
68
~
$
$
$
$
$
$
$
$
20
s
$
s
s
s
$
$
---------- ---
12,250.000
14,500,000
13 500000
12 400 000
13 650 000
12 800 000
16 000000
14.050.000
12 950000
14 200000
13100000
17 500.000
14 350000
13250000
14,500 000
27 900000
15 500,000
28 250 000
15 750.000
28.600.000
16.000,000
28.950000
16.250000
29 300000
16 500000
29 650 000
16 750 000
30 000 000
17 000,000
34 500000
21 500000
22 500000
21800000
s
s
s___nl!oo.OQ!>_
s
s
s
s
$
$
$
$
s
s
s
s
$
$
$
$
$
$
s
s
s
s
s
s
$
$
$
$
$
$
s
s
s
$_
29.489
32,621
30 639
29 556
30 706
29 734
32 933
30884
29.801
30951
29.868
33067
31018
29934
31 085
48 072
31 397
48183
31464
48 295
31 531
48406
31598
48 517
31 665
48 629
31 732
48 852
31 798
55 439
40 121
39850
40233
- ~9~~~2 -
0.5585%
0.6178%
0.5802%
0.5597%
0.5815%
0.5631%
0.6237%
0.5849%
0.5644%
0.5862%
0.5656%
0.6262%
0.5874%
0.5669%
0.5887%
0.9104%
0.5946%
0.9125%
0.5959%
0.9146%
0.5971%
0.9167%
0.5984°AI
0.9188%
0.5997%
0.9209%
0.6009%
0 .9252%
0.6022%
1.0499%
0.7598%
0 .7547%
0.7619%
__().~_11!1%
s
s
51.330
56,782
$
53 332
$
51.446
53 449
$
$
51 756
$
57 325
s
53,759
$
51.873
s
53876
$
51 989
$
57 558
$
53992
$
52 106
54,108
s
s
83.676
54,652
s
83.870
s
54 768
84 064
$
54884
$
84 258
$
55001
$
84 452
$
55.117
$
84 646
$
55 234
$
85034
$
55 350
$
96.501
69837
69366
s
70031
.$_ _ _
6!;lL56()
s
s
s
s
s
$
$
$
$
$
s
s
s
s
s
$
$
s
$
$
$
$
$
$
$
s
s
s
s
s
$
$
$
$
s
$
s
_$_ _
4.277
4,732
4 444
4 287
4 454
4 313
4 777
4 480
4 323
4490
4 332
4 796
4 499
4 342
4 509
6 973
4554
6 989
4 564
7005
4.574
7022
4.583
7 038
4 593
7 054
4 603
7 086
4 613
8 042
5 820
5780
5836
s
$
s
s
$
$
s
s
s
s
$
$
$
$
$
I$
$
$
$
$
$
s
s
s
s
s
$
$
s
Is
s
$
$
5:!_9L L
63.431
70,169
65906
63 575
66 050
63959
70 840
66.434
64103
66 578
64 246
71128
66.721
64 390
66 865
103 404
67 537
103 644
67 680
103883
67.824
104123
67.968
104 363
68 112
104,603
68 256
105 082
68 400
119 252
86 302
85 720
86,542
___85..2.59_
s
s
s
$
$
$
$
s
$
$
$
$
s
$
s
$
$
$
$
s
s
s
$
$
$
s
$
$
$
$
$
$
s
s ___
5.286
5,847
5.492
5 298
5 504
5 330
5,903
5 536
5 342
5548
5354
5927
5.560
5 366
5 572
8 617
5 628
8 637
5640
8,657
5652
8677
5664
8697
5676
8 717
5,688
8 757
5 700
9938
7192
7143
7 212
]J63
s
s
s
$
$
$
$
$
$
s
s
s
s
s
s
$
$
$
s
s
s
$
$
s
s
$
$
$
$
$
s
$
$
S_
114,761
126,950
119 239
115 021
119 499
115 715
128 165
120193
115 975
120 453
116236
128 685
120 713
116 496
120 974
187 080
122188
187 514
122 448
187 948
122.709
188 381
122 969
188 815
123 229
189 249
123 489
190116
123 750
215 753
156 139
155 085
156 573
155,519
$
s
$
$
$
$
$
s
s
$
$
$
$
$
s
$
$
$
$
$
s
$
$
$
$
$
$
$
$
s
s
s
s
$
9,563
10,579
9 937
9,585
9 958
9,643
10680
10,016
9665
10038
9686
10 724
10 059
9,708
10,081
15 590
10,1 82
15 626
10204
15 662
10.226
15.698
10.247
15 735
10 269
15 771
10 291
15,843
10 312
17 979
13012
12924
13,048
12,960
SCHEDULE A
THE 220 CENTRAL PA RK SOUTH CONDOMINIUM
OFFERING PRICES A ND RELATED INFORMATION
PROJECTED COMMON CHARGES AND REAL ESTATE TAXES ARE FOR:
THE ANTICIPATED FIRST YEAR OF CONDOMINIUM OPERATION J ANUARY 1, 20 18 · DECEMBER 31 , 2018
A pprox.
Bedroom s I
Approx. Unit
Terrace/
Bathrooms I
Square Feet
Balcony
Unit (1)
Powder
Square Feet
(1)
Rooms t•J
(1}
3 114
38A
3/311
388
3/311
3043
3/311
3,114
39A
396
313/1
3043
40A
3/3/1
3114
408
3/3/1
3043
41A
313/1
3114
3/3/1
416
3043
42A
3/3/1
3114
426
3/3/1
3043
43A
3/3/1
3114
438
3/3/1
3043
44A
3/3/1
3114
448
3/3/1
3043
45th Floor
5/6/2
6591
96
46th Floor
5/6/2
6591
96
47th Floor
5/6/2
6591
96
48th Floor
51612
6591
96
49th FlOor
5/6/2
6591
96
819
50th Floor Quadple
16/17/2
23,029
54A
4/5/1
4,814
3/3/1
28
548
3.222
558
313/1
3 211
56A
4/5/1
4 814
568
313/1
3 222
578
313/1
3 211
56A
2/2/1
2 431
313/1
3 222
28
588
313/1
3 814
59A
60th Floor
4/5/2
5 935
96
61st Floor
4/5/2
5.935
96
96
62nd Floor
4/5/2
5 935
5.935
96
63rd Floor
4/512
4/512
5935
96
64th FlOor
96
65th FlOor
4/512
5935
66th Floor
4/5/2
96
5935
67th Floor
4/5/2
5935
96
68th Floor
4/5/2
5 ,935
96
691h Floor
4/5/2
5935
96
70th Floor
4/5/2
5935
96
4/5/2
71st Floor
5935
104
72nd Floor
4/5/2
5 935
126
Penthouse 73
4/5/2
9 817
796
312
Penthouse 75
3/411
5 021
Penthouse 76
4/5/2
8,978
940
328,561
4,834
Subtotal
Offering
Price (2)
s
s
$
s
$
$
$
$
$
$
$
$
s
s
s
s
s
s
$
s
s
s
s
s
$
$
$
$
$
$
s
s
$
s
s
$
$
s
s
$
$
$
$
$
$
Residential
Manager's Unit
Allocation (3)
22 100000 $
23100000
22400.000
23400000
22,700000 s
23 700000
23 000.000
24 000000 $
23 300000 $
24 300000 $
28 000000 $
29 000000 $
28 250000 $
29 250000 $
58 000000
58 500000
63000000 s
64 000000
69000,000
250.000.000
43 750,000
26,900000
27.200 000 s
44 500 000
27 500 000 $
27.800,000 $
18 000 000 $
28 400,000 $
33 500000 $
51 000 000 s
51 750,000 $
53 000000 $
53 750,000 s
54 500000
55 250000 s
56500000 s
57.250000 s
60000000 s
60500000
61 000000 $
61 500000 $
62 000,000 $
100 000 000 $
$
100,000,000 $
2,773 ,050,000 $
s
s
s
s
s
s
s
s
s
s
s
s
s
s
s
40 344
40073
40455
40185
40567
40296
40678
40408
40 790
40519
40 901
40630
41013
40 742
81977
82 200
90593
91039
91930
314 039
65 303
43173
43106
65 526
43 329
43 329
32 034
43 663
50 259
80 851
81 074
81409
81 520
81 743
81966
82300
82 412
82 858
71 660
71 871
72106
72317
140812
72 964
132,063
4,357 056
0.7640%
0.7589%
0.7661%
0.7610%
0.7683%
0.7631%
0.7704%
0.7652%
0.7725%
0.7674%
0.7746%
0.7695%
0.7767%
0 .7716%
1.5525%
1.5567%
1.7157%
1.7241%
1.7410%
5.9473%
1.2367%
0.8176%
0.8163%
1.2409%
0.8206%
0.8206%
0.6067%
0.8269%
0 .9518%
1.5312%
1.5354%
1.5417%
1.5438%
1.5481%
1.5523%
1.5586%
1.5607%
1.5692%
1.3571%
1.3611%
1.3655%
1.3695%
2.6667%
1.381 8%
2.5010%
82.51 42%
Estimated
Monthly
Common
Charges (5)
Estimated
Annual
Common
Charges (5)
Common
Interest (4)
s
s
s
s
s
s
s
$
s
s
s
s
$
s
$
s
s
s
s
s
s
s
$
$
$
$
$
$
$
$
s
s
s
s
s
s
s
s
s
s
s
$
s
s
$
$
70 225
69.754
70419
69948
70 613
70142
70 807
70 336
71 001
70530
71195
70 724
71 389
70 918
142 695
143 083
157 691
158 467
160 019
546633
113 670
75149
75033
114058
75420
7542 1
55 761
76002
87 483
140 735
141123
141 705
141 899
142 287
142 675
143 257
143 451
144 227
124 736
125 103
125 512
125 879
245 105
127 006
229,876
7,584,135
s
$
$
$
$
$
$
$
$
s
$
$
s
$
$
$
s
$
s
s
s
s
$
s
s
$
$
$
s
$
s
s
s
s
s
$
$
$
~
$
s
$
5852
5813
5868
5 829
5 884
5 845
5 901
5.861
5 917
5877
5 933
5 894
5 949
5 910
11 891
11 924
13 141
13 206
13,335
45.553
9 472
6.262
6 253
9505
6 285
6 285
4 647
6 334
7 290
11 728
11 760
11 809
11 825
11 857
11890
11 938
11954
12019
10395
10 425
10459
10 490
20 425
10 584
19,156
632 011
Estimated
Annual
Real Estate
Taxes (6)
s
s
s
s
s
s
s
s
$
$
$
$
$
$
$
s
s
s
s
s
s
$
$
$
$
$
s
s
$
s
s
s
$
$
$
$
$
s
s
$
$
$
$
$
$
$
86.781
86,199
87021
86.439
87.261
86,678
87 501
86 918
87 740
87 158
87 980
87 398
88 220
87,637
176 337
176 816
194 869
195 827
197 745
675509
140,469
92866
92,723
140948
93,202
93 202
68 907
93,921
108 108
173 915
174 394
175113
175353
175.833
176.312
177 031
177 271
178 230
154 144
154 598
155103
155 557
302 892
156 949
284,073
9,372,197
Estimated
Monthly
Real Estate
Taxes (6)
$
s
$
$
$
$
$
$
s
s
s
$
s
s
s
$
s
s
$
$
s
$
s
$
$
$
$
$
s
s
s
$
s
$
s
$
$
$
$
$
$
$
$
$
$
$
7 232
7 183
7 252
7 203
7 272
7 223
7 292
7 243
7 312
7 263
7 332
7 283
7 352
7 303
14 695
14 735
16239
16319
16479
56 292
11706
7.739
7 727
11 746
7 767
7 767
5 742
7 627
9009
14 493
14 533
14 593
14 613
14 653
14 693
14 753
14 773
14 852
12 845
12 883
12 925
12 963
25 241
13079
23,673
78 1_,() 16_
Estimated
Total Annual
Carrying
Charges (5)(6)
157.006
155,953
157.440
$
156.386
$
157.874
156.820
s
158.308
s
157 254
158 741
s
157 688
$
159 175
158121
159 609
158,555
s
319.031
$
319.899
s
352 559
354.294
357 764
$
1 222142
s
254.138
$
168 015
$
167.756
$
255 006
$
168 622
$
168 623
124 668
169,923
195 591
s
314 649
315 517
s
316.818
$
317,252
$
318.119
$
318 987
$
320 288
$
320 721
$
322.456
$
278 880
$
279.702
$
280615
$
281 437
$
547 997
283 955
s
513,949
_J__16,956, 332
$
$
s
s
s
s
s
s
s
s
s
s
s
s
s
Estimated
Total Monthly
Carrying
Charges (5)(6)
s
s
s
s
s
s
s
s
s
$
$
$
$
$
s
s
s
s
s
$
$
$
s
s
s
$
$
$
$
$
s
$
s
s
s
$
s
$
$
s
s
s
$
$
s
$
13084
12996
13120
13032
13156
13068
13 192
13 104
13 228
13141
13 265
13177
13 301
13 213
26586
26658
29380
29 525
29814
101 845
21178
14001
13 980
21 250
14 052
14 052
10389
14 160
16 299
26 221
26 293
26401
26438
26510
26 582
26691
26 727
26 871
23 240
23 308
23 385
23 453
45 666
23 663
42,829
1,413,028
SCHEDULE A
THE 220 CENTRAL PARK SOUTH CONDOMINIUM
OFFERING PRICES AND RELATED INFORMATION
PROJECTED COMMON CHARGES AND REAL ESTATE TAXES ARE FOR:
THE ANTICIPATED FIRST YEAR OF CONDOMINIUM OPERATION JANUARY 1, 2018- DECEMBER 31,2018
Unit (1)
Approx.
Bedrooms /
Approx. Unit
Terrace/
Bathrooms I
Square Feet
Balcony
Powder
Square Feet
(1)
Rooms (')
(11
Offering
Price (2)
Residential
Manager's Unit
Allocation (3)
Estimated
Annual
Common
Charges (5)
Common
Interest (4)
Estimated
Monthly
Real Estate
Taxes (6)
Estimated
Annual
Real Estate
Taxes (6)
Estimated
Monthly
Common
Charges (S)
Estimated
Total Annual
Carrying
Charges (5)(6)
Estimated
Total Monthly
Carrying
Charges (5)(6)
SUITES
18A
18B
18C
18D
16G
18H
18J
18K
19A
198
19C
19D
19E
19F
19G
19H
19J
19K
20A
208
20C
20D
20E
20F
20G
20H
20J
20K
Subtotal
TOTAL
1/1/0
1/1/0
0/1/0
21210
0/1/0
0/1/0
0/1/0
0/1/0
1/1/0
1/1/0
0/1/0
0/1/0
0/1/0
0/1/0
0/1/0
0/1/0
0/1/0
011/0
1/1/0
11110
011/0
011/0
0/1/0
0/1/0
011/0
0/1/0
0/1/0
0/1/0
780
893
522
1,340
503
519
545
472
917
973
522
506
388
444
503
519
545
472
917
973
522
506
388
444
503
519
545
472
17,152
397,371
$
$
$
$
$
$
$
$
$
s
s
s
s
s
s
$
$
$
$
s
s
s
s
s
s
$
s
$
$
10,065
3100.000
3.350.000
1.825000
5 264 503
1 755000
1,825 000
2 000 000
1 750 000
3 700,000
3 6SO 000
1 850 000
1 775 000
1 360 000
1 555000
1 775.000
1.850000
2 025.000
1 775000
3 750000
3 700.000
1 875 000
1 800000
1,380.000
1 575000
1 795,000
1 875,000
2,050000
1,800,000
63,784,503
$ 3,241,334,503
$
$
$
9 399
10760
6 290
N/A
5859
6 082
6 342
5 564
11 034
11 706
6 281
5 898
4 522
5174
5868
6093
6,353
5 575
11 053
11 728
6 2.92
5907
4 531
5183
5877
6104
6 364
5,566
187 427
$
5,264,503
$
$
s
$
$
$
$
$
$
s
s
s
s
s
s
$
$
$
s
s
s
s
s
s
s
0.1780%
0.2038%
0.1191%
0.3006%
0.11 10%
0. 1152%
0.1201%
0 .1054%
0.2090%
0.2211%
0.1190%
0.1117%
0.0856%
0 .0980%
0.1111%
0.1154%
0.1203%
0.1056%
0.2093%
0.2221%
0.1192%
0.1119%
0.0858%
0.0982%
0.1113%
0.1156%
0.1 205%
0.1 058%
3.8501%
s
s
$
s
s
$
16 360
18 730
10.949
27 626
10196
10 566
11 038
9 665
19 207
20,380
10.933
10.267
7 872
9,007
10 214
10 606
11.056
9 704
19.239
20 414
10 952
10 282
7,887
9022
10,229
106.2 5
11077
9,724
353,871
100.0000% $
9,191,313
$
$
$
s
s
$
$
$
$
s
s
s
$
$
$
s
s
s
s
s
s
s
s
$
s
$
s
$
$
$
$
$
s
s
s
s
s
$
s
s
s
s
s
s
$
s
s
s
s
s
s
s
$
s
s
s
1 363
1 561
912
2.302 s
850 $
682 $
920 $
607 $
1601
1 698
911
856 $
656$
751
851
884 $
921 $
809 $
1603 $
1 701 $
913
857 s
657
752 $
852.
885 s
923 s
810
29 489 $
s
s
s
s
s
s
s
s
s
765,943
$
s
s
s
$
s
$
1685
1929
1127
2 645
1 050
1 090
1137
997
1 978
2 099
1 126
1 057
811
928
1 052
1 092
1139
999
1 961
2102
1 128
1.059
812
929
1053
1094
1141
1.001
36 442
$
946,524
$
20 217
23146
13.530
34139
12,603
13082
13 641
11968
23 735
25165
13511
12 687
9727
11130
12622
13106
13665
11 992
23 775
25 227
13,534
12 706
9 747
11149
12 641
13130
13 689
12,016
437,301
s
s
s
11,358,289
$
$
$
$
$
$
$
$
$
s
s
s
$
$
$
$
$
$
$
$
$
$
s
s
s
$
$
s
$
s
s
s
s
s
$
s
$
$
$
$
$
s
s
s
s
s
s
$
$
36 577 $
41876
24 478 $
61 764 $
22801 $
23 669 $
24 679 $
21 653 $
42 942
45 564
24 445
22 954
17599
20137
22 836 $
23 712 Is
24 723 s
2 1 697 $
43 014 $
45 641 $
24 486 $
22 988
17634
20171 $
22 870
23 755 s
24 766
21 740 $
791 172 $
s
s
s
s
s
s
s
s
s
s
s
20,549,602
• Certain rooms within a Unit, such as a kitchen, dining room, library and laundry room (by way of example only) may not be habitable space and may not be legally used as a bedroom or living room
and to do so may result In a building code violation being Issued for the Building.
The accompanying Notes should bo read In conjunction With this Schedule A.
s
3048
3490
2040
5147 !
1 900
1 972
2 057
1,804
3 576
3 797
2.037
1913
1 467
1 678
1,903
1 976
2 060
1.606
3 585
3 803
2,040
1 916
1 469
1 681
1,906
1 980
2,064
1,812
65,931
1,712,467
SCHEDULE A-1
THE 220 CENTRAL PARK SOUTH CONDOMINIUM
OFFERING PRICES AND RELATED INFORMATION FOR
STORAGE CLOSET LICENSES, WINE CELLAR LICENSES, AND PARKING SPACE LICENSES
THE ANTICIPATED FIRST YEAR OF CONDOMINIUM OPERATION JANUARY 1, 2018 ·DECEMBER 31, 2018
Llconse
Number (1 )
STORAGE CLOSETS
S-1
S-2
S-3
S-4
S-5
S-6
S-7
S-6
S-9
S-10
S-11
S-12
S-13
S-14
S-15
S-16
S-17
S-18
S-19
S-20
S-21
S-22
S-23
S-24
S-25
S-26
S-27
S-28
S-29
S-30
S-31
S-32
S-33
S-34
S-35
S-36
S-37
S-38
S-39
S-40
S-41
S-42
S-43
S-44
S-45
S-46
$-47
S-48
S-49
S-50
Approximate
Square Feet (1)
55
50
52
50
51
51
50
57
54
51
55
55
55
51
55
60
47
46
46
49
51
51
51
51
45
51
84
82
50
51
50
51
48
53
53
43
51
48
49
50
51
46
51
51
47
48
49
53
55
67
s
s
$
s
s
s
s
s
s
$
s
s
s
s
$
s
$
$
$
$
s
$
s
s
s
$
$
s
s
s
$
s
s
s
s
s
$
s
$
$
$
$
$
$
s
s
s
s
s
$
138000
129 000
129000
129 000
129.000
129000
129,000
139 000
139 000
139000
139000
139 000
139.000
139000
139,000
151 000
139000
139.000
139 000
126.000
126 000
126 000
126 000
126 000
126 000
126,000
211.000
211000
128 000
128 000
128 000
128 000
128 000
128 000
128 000
128.000
128.000
128.000
128.000
128 000
126.000
126 000
126.000
126 000
126 000
128 000
126 000
135 000
135.000
175000
Estimated
Annual
License Fee (3)
Estimated
Mo nthly
License Fee (3)
Offering
Price (2)
s
$
$
s
$
s
s
$
$
$
$
$
$
s
$
$
s
$
s
s
s
s
s
s
$
s
s
s
s
37 $
33
35
33 $
3-4 $
438
398 1
414
398
3-4
s
33
38
36
34
37
37
37
34
37
40
31
31
31
33
34
34
34
34
30
34
56
$
$
$
$
406
398
454
430
406
438
438
438
406
438
478
374
366
$
366
$
$
$
$
$
$
390
406
406
406
406
358
406
669
653
398
406
398
406
382
422
422
342
406
382
390
398
406
366
406
406
374
362
390
422
438
534
s
s
s
$
s
s
$
$
~
s
s
s
54 $
33 $
s
s
s
s
s
s
s
34
33
34
32
35
35
29
34
32
33
33
34
31
$
34
$
34
31 $
32 $
33 s
35 $
37
44 s
$
$
$
$
$
$
$
$
$
s
$
$
s
s
$
$
$
$
s
s
s
s
$
$
$
s
s
s
408
SCHEDULE A·1
THE 220 CENTRAL PARK SOUTH CONDOMINIUM
OFFERING PRICES AND RELATED INFORMATION FOR
STORAGE CLOSET LICENSES, WINE CELLAR LICENSES, AND PARKING SPACE LICENSES
THE ANTICIPATED FIRST YEAR OF CONDOMINIUM OPERATION JANUARY 1, 2018 • DECEMBER 31, 2018
License
Number(1)
Approximate
Square Feet (1)
S-51
S-52
S-53
S-54
S-55
S-56
S·57
S-58
S-59
S-60
S-61
S-62
S-63
S-64
S-65
S-66
S·67
S-68
S-69
S-70
S-71
S-72
S-73
S-74
S-75
TOTAL STORAGE CLOSETS
49
45
46
49
47
50
49
49
46
49
47
48
76
54
48
53
54
50
52
52
52
52
52
70
69
3,929
WINE CELLARS
W·1
W-2
W-3
W-4
W-5
W-6
W-7
W-8
W-9
W-10
W·11
W-12
W·13
W-14
W-15
W-16
W-17
W-18
W-19
W-20
65
52
40
40
40
40
40
50
51
46
46
45
51
50
45
53
52
50
48
52
Estimated
Monthly
License Fee (3)
Offering
Prlce(2)
$
$
$
$
$
$
$
$
$
$
$
$
$
IS
$
IS
$
$
$
IS
$
IS
$
$
$
s
$
s
s
s
s
s
s
s
s
s
$
$
s
I $
s
I $
$
$
$
s
123.000 $
123.000 $
123.000 $
123 000 s
123,000 $
123 000 s
123000 s
123 000 $
123 000 $
123 000 s
123 000 $
123 000
195 000 s
135 000
120 000 $
135 000 1S
135 000 s
130 000 s
130 000 $
130.000 . $
130.000 .s
130 000 $
130000 $
175,000 $
175,000 $
10,085,000 $
s
s
225,000
175 000
140 000
t40 000
140 000
140 000
140 000
175 000
175 000
175 000
175 000
175 000
175 000
175 000
175 000
175 000
175,000
175000
175 000
175.000
$
s
s
s
$
s
$
$
$
$
I$
$
$
$
$
IS
s
s
s
$
Estimated
Annual
License Fee (3)
33 $
30
31
33
31
33
33
33
31
33
31
32
50
36
32
35
36
33
35
35
35
35
35
46
46
2,608
69
$
$
$
$
$
$
$
$
$
$
$
$$
s
$
$
$
$
$
s
s
390
358
366
390
374
398
390
390
366
390
374
382
605
430
382
422
430
398
414
414
414
414
414
s
s
557
$
550
31 ,290
s
s
56
s
43
43
43
43
43
53
55
49
49
48
55
53
48
57
56
53
51
56
$
$
$
$
$
$
$
$
$
IS
$
$
$
$
$
$
$
$
834
667
513
513
513
513
513
641
654
590
590
577
654
641
577
680
667
641
616
667
SCHEDULE A-1
THE 220 CEN TRAL PARK SOUTH CONDOMINI UM
OFFERING PRICES AND RELATED INFORMATION FOR
STORAGE CLOSET UCENSES, WINE CELLAR LICENSES, AND PARKING SPACE LICENSES
THE ANTICIPATED FIRST YEAR OF CONDOMINIUM OPERATION JANUARY 1, 2018 ·DECEMBER 31,2018
I
I
License
Number(1)
Approximate
Square Feet (1)
W-21
W-22
W-23
W-24
W-25
W-26
W-27
W-28
W-29
W-30
W-31
W-32
W-33
W-34
W-35
W-36
W-37
TOTAL WINE CELLARS
53
53
52
50
45
50
50
50
PARKING SPACES
P·1
P-2
P·3
P-4
P-5
P-6
P-7
P-8
p.g
P-10
P-11
P·12
P-13
P-14
P-15
P-16
P-17
P-18
P-19
P-20
P-21
P-22
P-23
P·24
TOTAL PARKING SPACES
Estimaled
Monthly
License Fee (3)
Offering
Price (2)
$
$
s
$
s
s
s
s
48
$
5
5
5
5
5
5
$
s
$
s
s
s
3
$
3
1,443
$
$
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
s
s
s
$
$
$
s
s
s
s
$
$
$
$
$
s
s
s
s
s
s
s
s
$
$
The accompanying Notes should be read In conjunction with this Schedule A-1.
175 000
175 000
175 000
175 000
175000
175000
175000
175.000
175,000
25 000
25 000
25000
25000
25 000
25.000
15000
15.000
5,130,000
750,000
750 000
750 000
750000
750000
750000
750.000
750,000
750000
750000
750,000
750000
750000
750000
750.000
750.000
750000
750000
750000
750.000
750 000
750 000
750 000
50,000
18,000,000
Estimated
Annual
License Fee (3)
s
s
s
$
57
57
56
53
48
53
53
53
51
$
5
$
$
$
$
s
s
$
$
$
s
s
s
s
s
s
s
$
$
$
$
$
s
5 $
5 $
5 $
5 $
5 $
3
3
s
s
$
1,542
$
s
1 501
1,501
1 501
1 501
1501
1 501
1.501
1 501
1.501
1 501
1.501
1 501
1 501
1 501
1 501
1 501
1501
1.501
1501
1501
1501
1501
1501
1.501
36,021
$
$
$
$
$
$
s
s
s
s
s
s
$
$
s
s
s
s
s
s
$
$
$
$
$
$
$
$
$
$
$
$
$
$
s
s
s
s
$
$
$
s
s
s
s
$
$
$
$
680
680
667
641
577
641
641
641
616
64
64
64
64
64
64
38
38
18,507
18,010
18010
18,010
18,010
18.010
18,010
18,010
18010
18,010
18,010
18010
18 010
18.010
18,010
18010
18,010
18 010
18.010
18010
18,010
18.010
18,010
18010
18.010
43 2,250
EXHIBITC
AMENDMENT TO ARCHITECT'S REPORT
NY 76 19770Sv4
220 Central Park South
NEW YORK, NEW YORK
Amendment to
Architect's Report prepared by SLCE Architects, dated November 8, 2015
June 10,2016
The following changes to the Architect's Report reflect the subdivision ofUnit 58A, which was a duplex on the 58th
and 59th floors, into two simplex Units 58A and 59A.
A.
Tower Building Elevators
Private residence elevators RL4, which served unit 58A, is hereby deleted.
B.
Appliance Schedule
u
~
;:J
Tower
Units
""'
~
N
58A
59A
""'
~
OJ)
.. .......
~
0
~
=
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0
00
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...= ...=
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""' ~ ~
00
"'~
"'~
~
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~
""'
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.......
~
~
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X
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.....0
..
..
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c.
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-= =
0
e -=~ ·a
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~ ~
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~
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0
"'
~
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N
.. ~ ..
!::
..
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..
·c
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- -= .. ...= = ;.s ;.s .::
c.
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X X X X X X
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~
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c.
0
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fc
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c.
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u
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= =
fc
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-.:r
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c.!)
"'
M
-.:r
-.:r
X
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00
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;.s =
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4>
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i'n
,....
X
Refer to descriptions of appliance in the Architect's Report.
By:
H:\Report\eb\220 CPS Architects Report Amendment June 10, 2016
...=
~
N
~
Page 1
X
EXHIBIT D
UPDATED 339-i OPINION LETTER
NY 76197705v4
ASSOCIATES
200 Madison Avenue, 5th Floor
New York, NY 10016-3912
Direct: (212) 210-6614
mmotlev@ rosenyc.com
ROSENYC.COM
Mark A. Motley
Senior Managing Director, Owner-Occupied
PART 20: LETTER TO ATTORNEY GENERAL
RE: REALPROPERTYLAW SECTION339-i.1 COMPLIANCE
Dated: July 13,2016
New York State D~artment of Law
120 Broadway, 231 Floor
New York, New York 10271
Attention: Investment Protection Bureau
Re:
Condominium Offering Plan
220 Central Park South Condominium
220 Central Park South
New York. New York ("Property")
Dear Sir/Madam:
VNO 225 West 58th StreetLLC ("Sponsor") of the Condominium Offering Plan
("Offering Plan") for the Property retained Rose Associates, Inc. ("Firm") to review
the percentage of Common Interest in the Common Elements allocated to each Unit
in the Property set fmth in Schedule A of the Offering Plan.
The Film is licensed as a real estate brokerage firm in the State of New York.
The principals of the Firm have been engaged in the real estate and brokerage
business for over 48 years and have been actively associated with sale and
management of condominium and cooperative buildings.
The Firm bas been advised by Sponsor that the Common Interest of each Unit
has been determined in accordance with Real Property Law Section 339-i.l based
upon floor space, subject to the location of such space and the additional factors of
relative value to other space in the Condominium, the uniqueness of the Unit, the
availability of Common Elements for exclusive or shared use, and the overall
dimensions of the particular Unit in accordance with subsection (iv).
In the Film's opinion, within the framework of Real Property Law Section
339-i.l, this method of determining Common Interest is reasonable and equitable.
The Firm certifies that it is not owned or controlled by Sponsor and that it has
no fmancial interest in the offering other than its fee for services rendered in
connection with the preparation of this letter (and acting as Selling Agent under the
Offering Plan). The Firm understands that a copy of this letter is intended to be
incorporated into the Offering Plan.
All capitalized terms not defmed in this letter shall have the meaning ascribed
to them in the Offering Plan.
Very truly yours,
Rose Associates, Inc.
By:
/h,.e_ a_.
/11~
Mark A. Motley
Managing Director
EXHIBITE
UPDATED BUDGET CERTIFICATION
NY 7619770Sv4
!fP
ROSE
ASSOCIATES
200 Madison Avenue, 5th Floor
New York, NY 10016-3912
Direct: (212) 210-6614
[email protected]
ROSENYC.COM
Mark A. Motley
Senior Managing Director, Owner-Occupied
July 13, 2016
PART 20: CERTIFICATION BY EXPERT
AS TO ADEQUACY OF CONDOMlNIUM BUDGET
New York State Department of Law
Investment Protection Bureau
120 Broadway- 23rd Floor
New York, New York 10271
Re:
Condominium Offering Plan
220 Central Park South Condominium
220 Cenn·al Park South
New York, New York
The sponsor of the condominium offering plan for the ~ptioned property
retained our fum to prepare Schedule B containing projections of income and expenses
for the first year of condominium. operation. Our relevant experience includes the
development and sale of cooperative and condominium apartments for the past
twenty-eight years and management of cooperative, condominium and residential
rental apartment buildings over the past forty-two years. The firm is currently
engaged in the management of approximately 40 condominium and cooperative
properties in New York.
We understand that we are responsible for complying with Article 23-A ofthe
General Business Law and the regulations promulgated by the Department of Law in
Part 20 insofar as they are applicable to the Schedule.
We have reviewed the Schedule and investigated the facts set forth in the
Schedule and the facts underlying it with due diligence in order to form a basis for this
certification. We also have relied on our experience in managing residential buildings.
We certify that the projections in the Schedule appear reasonable and adequate
under existing circumstances, and the projected income appears to be sufficient to meet
the anticipated operating expenses for the projected first year of condominium operation.
We certify that the Schedule:
(i)
sets forth in detail the projected income and expenses for the first
year of condominium operation;
(ii)
affords potential investors, purchasers and participants an
adequate basis upon which to found their judgment concerning
the first year of condominium operation;
(iii)
does not omit any material fact;
(iv)
does not contain any untrue statement of a material fact;
(v)
does not contain any fraud, deception, concealment or
suppression;
(vi)
(vii)
does not contain any promise or representation as to the future
which is beyond reasonable expectation or unwarranted by
existing circumstances;
does not contain any representation or statement which is false,
where we:
(a)
knew the tTuth;
(b)
with reasonable eflort could have known the truth;
(c)
made no reasonable effott to ascettain the truth; or
(d)
did not have knowledge concerning the representation or
statement made.
We further certify that we are not owned or controlled by the sponsor. We
understand that a copy of this certification is intended to be incorporated into the
offering plan. This statement is not intended as a guarantee or warranty of the income or
expenses for the first year of condominium operation. This certification is made under
penalty ofpetjuty for the benefit of all persons to whom this offer is made.
We understand that violations are subject to the civil and criminal penalties of
the General Business Law and Penal Law.
By:
/!?P-~J!-t;L /Jz~
Mark A. Motley
Managing Director
~'Y!.9!Jl to befo~ this
b_:cfayof ~
'2016
Notary Public
JULIE A. TOOLE
Notary Public, State of New York
No. 01T06312491
Qualified In New York County
Commission Expires September 29, 2018
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•