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1 283 ~ \\ ]/ r , \ v \ \ \ _,.,i r-...o-; 'r=-41' 11,1, : ',.,., ROOF MANT CRANE FLOOR 47 AREA 1,45 SF (97 8 m') CONDOMNUM New York, NY, 17

2 284 12' 6"1i1' - 6" (381 m)ic(j51ml CL 1 K. (4 ~~ ;,,~~; s: ~l L ~ LRDN 21' '4"1141' 4' (6 51 m) (4 38 m) 4' 8' 16' 2d' UNT. 6W-15W FLOOR &-15 BA, 18, AREA - 88 SF (81 75 m') CONDOMNUM New York, NY, 17

3 285 1J'. 1" ' 6"' (4 21m) 12 9 m) 12'-Tw11'.r1' (l7m)x(jjsrrl CL K 1T 7'111a.7 (52lm)11(31m).-:. - ~--~ ~ l~,- ll,t1.. K o ;,,,.. l _ ft t1.l. (52Jm)1(J1m1 M 1'4'-1'. 13'. i" t42ill"'ll!41!1m) WC LR/DN ~.a i2r-11" (76Jm)x{728m) -l.. ' 4' 8' ~~ ' 24' UNT: SE FLOOR 6 3~R 3 SBA, AREA SF (22.53 m') TERMCE: 289 SF (26.85 m') CONDOMNUM New York, NY, 17

4 286 1J'.1"r9'-e''!421m)x(2QOm) 17 7'x11' '' (37m)ll(335m) l '" K 17'-2"ll 1' 2' (523 m) M (J 1 m) M 14'.1"w1)'.Q'' (4 29 m) m) WC '11 ~,.,,.., LR/DN :ZS'- O"it 13 8" {76lm)x(418m) L / u _, T ' T -r--+.. i l - - ' TERAACE l'2.l':.t' 1J'-'4".. (~Sf!"' ~(i l\4 ml - 4' B' ~ ~ 16' 24' UNT 7E Fl.OOR7 3, 3.5BA. AREA 1,95'1 SF (181.SJ m') TERRACE 235 SF (21.83 m') CONDOMNUM New York, NY, 17

5 287 1J.1a xa -er (421 m)11(2~m) 12' Tll11' '1' (37m) (l35m) K 17' 2' 111'. 7 ' (523m) 1t(l 1m) M u. 1 ~ 1113'-ll' (429m)X(41Bm) LRDN 25'- ' :.13'-11" (78lm)11(416m) L / ~ 4' 6' 16' 24' rr L - --.~~ ~ '17 ~, : _ UNTS 6E-15E FLOORS , 3.SBA. AREA 1,956 SF (161 9 rn') CONDOMNUM New York, NY, 17

6 288 1l'-1")19 -'" 1"4 21 m) J' (2 m) 12'-T'x11' r:f (J8Jm)r(JJm) ~, ~ D WO,_., j K 17' 2"x 1a-: (523m)x(l 1m} M,....,. 1l' 9" (11129m)!4 18m) LR/DN 14.r.11-11,7.51 ml l (4 23 ml L / 9E-15E SBA AREA - 1, 958 SF (1 e1 9 m') CONDOMNUM New York, NY, 17

7 289 M ,,. - [665 m) (J JS m\ WC i' n,;;:oi ' -- ~~ L~.~ LR/DN 22' 1" 18' 8"' (6 7J m) (5 8 m) CL 11' 7" w 1l' V (3.52m)x(oi 18ml 4' 8' ~ ' 24' UNT: 17W-23W FLOORS R, 2 SBA, AREA 1,565 SF ( m') CONDOMNUM New York, NY, 17

8 29 ' ' M. 2' 7' 12'. ~~ fb 14 m) ll (J 68 m). WC l K 12' "'119' 4" (l 81 m} (285tfl) - TERRACE t- ~ :~j~1~~. ~ t' Oli m~ 1,('i31111/, l ' 11'. 7 ' 1113'.g"' (J 54mJ 11(4 18 m) LR/DN 21'-S-1116'-f' t«uo m) t5 7 ft' ). \ El<!~ R O!l tl\111..."t lloa ~ ll fl 4' B' 16' 24' UNT 17E FLOOR 17 2R, 2.5A, AREA SF (14.47 m') TERRACE 372 SF (34.56 m') CONDOMNUM New Yo'*, NY, 17

9 291 M. 2' T'l.12' 1" 1e 14 m) (J&e m) WC K 12 6" O' -4" (l81m) (215m) ' ; 1 11'-r111u-v (3 54 m) 1q4 18 m) LR/DN 21' B"x Uli' r i65m):11(57m1 4' 8' ~ ' 24' UNTS 1 BE ZlE FLOORS , 2.5BA, AREA 1,512 SF (14 47 m') CONDOMNUM New York, NY, 17

10 292 l 13. 2''1113'-9'' (42rn)11{41Bm) 1 11" 111l G" (334m}ll(418m) 14'. f' 13' O'' (447m)11(4 18 m) 4' 6' 16' 32' UNT 24 FlOOR 24 4, 4.SBA AREA 3,562 SF (33 5 m') CONDOMNUM New York, NY, 17

11 293 GALLERY M. 2' 1"1112' 1'' (613m)11(391 m) ' r;, GREAT ROOM 2' 8"x'l7'. B" 163m)M(11'48m) K g. ij1 ~211. 8"' (2 97 m) ( ~71 \ -,." :~ 1: ' 11. WC, 13' 2''1113' D" (4 2m) 11(4 1Bm) 1' 11"1113' U" (l34m)ll{'418m) 14'-8"1113' 9" (4"47 m)11("418m) ~-,4' B' 16' 32' UNT: 25 FLOOR 25 4, 4.5BA, AREA 3,562 SF (33 92 m') 45 PARK Pl.ACE CONDOMNUM New York, NY, 17

12 294 GALLERY M. 2-1" 11'12'. 1" (8 13m) ) ~1 m) GREAT ROOM 2.a"1Jr - w 16JOm) ml - _, i 1 i ~: L 13'-7'1113'- J' (4 2 m) ic (4 18 m) 1a.,,~ 113'. J' (3.3"' m) (4 18 m) 14' 11''1113'-8'' (447m)x(418m) ~-4' 8' 16' 32' UNT 26 FLOOR26 4, 4.58A, AREA SF (33 92 m') CONDOMNUM New York, NY, 17

13 295 GALLERY M 2' 1" w. 12' 1''!613m)x(JV1ml -.:r=;======r GREAT ROOM 2. lri 37'. 8" (63m)11 ( m) 1< g. 9'' 1128' ' (2 87 m) W. (8 7/..,, \ '.:'.1. ' ' CL 13'-7'w.1J'. g" (42ml11 (4,18 m) 1'-11"1113' '1" (3 34 m) '11(418 ml 14'. 8''. 13'. 9' (447 m)w(418m) 4' B' 16' 32' UNT: 27 FLOOR SBA, AREA 3,562 SF (33 92 m') CONDOMNUM New York, NY, 17

14 296 GALLERY M.--. 2'. 1". 12'. 1" 1613m)v(391 m) ~ ~============: GREAT ROOM 2' 8"' 37' 8" (6Jrn)!11 8m) ~ 9 K 9' 9" 26'. 8" (~Hl7 m) 11 ( '. 2''1113'. 9" 142m)1114' 18 m) 1'-11":ic13'-lr (J34m)w(418m) 14' - e~ w: 13'. V' (447m)ll(-118m) pm- 4' 8' 16' 32' PARK PL.ACE UNT_28 FLOOR 28 4SR, 4 5BA, AREA - 3,562 SF (33 92 m') CONDOMNUM 45 P,ti:.RK PLACE New York, NY, 17

15 297 GALLERY () M. 2' 1 ~. 17-1' (613m)x(J81mJ GREAT ROOM 2'. "11. l7' 8" (6 3 m) ll (11 48 m) r -, F ~. K u ""l'j WC 13. '2''ic 13. r (42m)11(418m) 1'-11".3 1.g (Jloilm)lll(418m) 14'. B''ll 1J'. i' ~447 m) 1(A18 m),.._ 4' 8' 16' 32' UNT 29 FLOOR 29 4B R 4.SBA. AREA SF (33 92 m') CONDOMNUM New York, NY, 17

16 ' 298 GALLERY - M 14'-T1112'-Q'' (4"6m)11(lQOm) GREAT ROOM 2'- 8''11J7'- 8"!8lOmJ1(1148m) K Q'. l'l"j.lif. ilf' (297 fl1] fl 'l o!4 ' -- " ~.Ji -, L 1J' 7'x1J' W' (4 2 m) 11 (4 18 m) 1' 1'' 13'-8" (33m)11(418m) 4' B' 16' 32' UN11 3 FLOOR 3 4, 4,SSA, A R EA ~ 3,231! SF (3 62 m') TERRACE 323 SF (3 1 m') CONDOMNUM New York, NY, 17

17 299 GALLERY M. u - 1.1z - O" 14 ~m) tjvom) GREAT ROOM 2'-8'' 11)7' -lr fejom)11 (1149m) K 9' t' l8' 11" (2 97 m ) rl874 n ' r -,, ~ )ii -1 ' 1 CL 1J'-2'lf13'.9" l 2m)>e(.tl1flm) 1'. 1' 113'-fl" l3.3m)1 l.1 Bm\ l(y.,~. U - 1 ~ (l15m)1()l9m) 4' 6' 16' 32' UNTS: FLOORS , 4.5B~L AREA 3,231l SF (3.82 m') CONDOMNUM New York, NY, 17 '1-19J~Q11t,... tt fl UJ' C~ lfll! U'llU ~ ' " l l,.. liilnoj"'l ~f

18 3 GALLERY M 14' 8" 21' " «'48m)k(8JVm) GREAT ROOM 2' 8''1137'- 8" {63m)i(11 8m) WC 13' l'>l 13-9" {4'2m)xt.i4.18m' 12'.,~ 1113'. O" (J89rn) l 18m) ~-4' 16' 32' Ul\lrTS: FLOORS ,3 5BA AREA - 3,238 SF (3 82 m') CONDOMNUM New York, NY, 17

19 31 TERRACE tt' T')3T 4" ()DTH FLOOP.) (;tu1mp li1 :ulml GREAT ROOM 2.a 11 1' 8" (CS 1 m) (14 53 ml CO!~CE/11,E C HaSEOUUl EXTEROR OUTLET BOX.---, CONCEAi.EC GAS Oun.Et EXTEROR OUTLET BOX 1 r _ l _ - DEN 13'. fl' 1111'.,~ (4 12 m) ll (l 37 m) ~-4' 8' 16' 32' UNT: PH-B FLOOR 4 (PHB1) 5, 5BA, AREA 2,535 SF ( m') TOTAL [5,441 SF (55 <186 m')] TE;RRACE 824 SF (76.55 m') CONDOMNUM New York, NY, 17

20 32 MBA M 1Y S'"w2l' 8" (49ml l718mj 1J'. S" w 13' 1" t.9m) f<l23mt \ 13'. tr 111J'- T' (411m)x(" 15m) 17-11ft'C 1)' _,. 1394m) (418mJ 11111~.:-= ~ ~ R UNW PH-B FLOOR 41 (PHB2) S, SBA, AREA- 2,96 SF ( m') TOTAL [5,441 SF ( m')] CONDOMNUM New York, NY, 17

21 33 M 1l'- S'x 2'.r - 5' ( 9m) lt (71Gm) 1J. 5" " (.49 ml l-423m),. ' (/ /, / l 1:.. / 1 ' '. L -.(~UP o //~ 13' 6"111l' 7' (411m)JC!415mJ 12'.,,~ )f 13' -... (394 m) 1ir(4 18 m) 4' B' 16' 32' UnllPH A FLOOR 42 (PHA1) 5.5, 6.SBA, AREA 2,73 SF ( m') TOTAL [5,441 SF ( m')) CONDOMNUM New York, NY, 17

22 34 CONCEALED HOSE OUTLET HB Qj...,.,,.,.,.,J D C>.11'U1 8 CONCEALED GAS OUTLET TEllllACE.... 1fr tll' fl" rm i< i'lo!:>'! t'2.dlh11> 1Wi1.lm) GALLERY CL... A ' ~ Cl. PR GREAT ROOM 2'. ''11<47'. B" (e 1 m) ic (1<4 53 m) 1 e DEN 1J'-6"11:11' 1" (412m)11(337m) _J ~...:;:,.,_,c;,""-l-~'.=..+---' -1 4' 8' 16' 32' UNT: PHA2 & PHA1 FLOOR 43 (PHA2) 5 S, 6 SBA, AREA 2,535 SF ( m') TOTAL (5,441 SF ( m')j TERRACE 371 SF (34.47 m') CONDOMNUM New York, NY, 17

23 35 UJ ~ w a.. a:: a ' - - J - ~= ~~ ~ ~ ' ~ ~~ ' ~~.~M ''.. w z :::::i a:: uj a.. a:: a.. ~ /' lilt. i'( - 1-'' "'V r-.i " " - 'll.../ -!=-" - r ' f... "ll '.,..,,.,... -r... ' jfh "1111 ' ',..,, i"li: "111 " - " ' '!ll( "'f.-1 'll. "" '~ '' - _, '' ~.. _;/ '....../ /'....../ /'... "..l la. '' '111 l./ ~~~~ ~ Ml _,,. t:l Kl' v --~- -- _..,,._ Plaza Level $ ~ +23' - 8" EL.= SOUTH ELEVATON~ T.. BLDG EL.= 665' --'1-=- '_ UJ ' --,5 43RD FLOO R EL= 643' - O" ~ uj 42ND FLOO R EL.= 619' - O'' g, 41ST FLOOR EL.= 66' - O" 4TH FLOOR EL.= 59"-'~ -'-"--- 39TH FLOOR EL.= 573'-' _- O'-"- - 38TH FLOOR EL.= 561,_' ~- O=-"--- 37TH FLOOR EL.= 549 _' _- O_" _ 36TH FLOOR EL.= 533~'--~"-- 35TH FLOOR EL.= 517'-'--O=-"--- 34TH FLOOR EL.= 55~' _-O_" 33RD FLOOR a:: -:...;= EL.= 493' - O" 32ND FLOOR EL.= 481~. - ~ ST FLOOR EL.= 469' - O" 3TH FLOOR EL.= 457~' - O~ TH FLOOR EL.= 445~' _-O_" 28TH FLOOR 27TH FLOOR 26TH FLOOR ~t :: :~~::::: =: ~:::====== EL.= 49_' _-O_" 25TH FLOOR EL.= 393_' _-O_" 24TH FLOOR EL.= 381'-" 23RD FLOO R EL.= 369'-,-_ -,-, NO FLOO R EL.= 357' - O" 21STFLOOR EL.= 345'-' --~ TH FLQO R EL.= 333~' _- O=-"-- 19TH FLOO R EL.= 317' - O" 18TH FLOO R EL.= 35-, TH FLOO R EL.= 293' - O" 16TH FLOO R EL.= 281,.,- ' --o= TH FLOO R EL.= 269"-' ~- O=-"--- 14TH FLOO 13TH FLOO ~ ~~:: ~;~=: =: ~=::====== 12TH FLOO REL.= 225"'-' --O=-"-- 11TH FLOO R EL.= 29"'-' - O=-"- - 1THFLOO R EL.= 193'-' _- O=-"--- 9TH FLOOR EL.= 177'_-_'_' _ 8TH FLOOR EL.= 161 '_ -=- '_' _?TH FLOOR EL.= 145'_-~_ '' 6THFLOOR EL.= 129' _-~o _ _ 5TH FLOOR EL.= 113'_ -~-" _ 4TH FLOOR EL.= 97'-~_" 3RD FLOOR EL.= 81'-~_" 2ND FLOOR EL.= 53' -~O'-"---- 1ST FLOOR (LOBB_Y)-'----- EL.= +25' - " CELLAR EL.= +12' - 2" SUB CELLAR EL=-1'2' -8" - - ~ / ~. ' 'r --- -! - ~ ' ~ 1 / / ~ ( / [ -- ~ l. / l - -~ ' " ~ '- /,/ / - 1:. / - c ~ _,L --- -~ - -= - UJ z :::::i ~ UJ a.. a:: a.. WEST ELEVATON UNT: 34 FLOOR 34.38R., l.sb AR.EA 3,35 SF ( m') CONDOMNUM New York, NY, 17

24 36 LU z ::i - r: a::: LU ~ a::: a T.O. BLDG EL.= 665' - 1" 43RD FLOOR EL.= 643' - O" 42ND FLOOR EL.= 619' - O" 41ST FLOOR EL.= 66' - O" 4TH FLOOR EL.= 59' - O" 39TH FLOOR EL.= 573' - O" 3BTH FLOOR EL.= 561' - O" 37TH FLOOR EL.= 549' - O" i~ 36TH FLOOR EL.= 533_' -_O_"..., 35TH FLOOR EL.= 517_'_-_" _ " 34TH FLOOR EL.= 55' O" --+--it,.,,,.., -=33:'::R=-'=D'-'F=7L"'=o:-:::-O R EL.= 49~3, - =o,.:---- " 32ND FLOOR EL.= 481' - O" ,...,, ~31""'=so=To..,:F::-=L==o-::coR EL.= 469~' -_ o Cij;~=f#ffl~ - - '1 3TH FLOOR EL.= 457~' -_O_".., " 29TH FLOOR EL.= 445' - O" ,. 28TH FLOOR EL.= 433~' --~ "1.27TH FLOOR EL.= 421' - O" '111 26TH FLOOR EL.= 49'-' - o= , i 25TH FLOOR EL.= 393' - O" "1 24TH FLOOR EL.= 381-,---,,--- ' 1 23RD FLOOR EL.= 369' - O"!ii 22ND FLOOR EL.= 357""" -o= ~=~===~=:: = - 1-"li 21STFLOOREL.= 345~'-~---".., _,. 1 2TH FLOOR EL.= 333"-'--~" _,.,.!., -'-~ ~---~"""H~ ~t=g~g~ ~t:~ ~6~-: -: g---::---,,,. 17TH FLGOR EL.= 293' - O" ~~~~~+! - ~ '1 16TH FLOOR EL.= 281-, ~~~~ - " 15TH FLOOR EL.= 269' - O" ---,_,,..,,, 14=r--H-:F="L~o-=-R EL.= 257' "--_ o= = --1" 13TH FLOOR EL.= 245. '_-O~"--- _,~ """ 12TH FLOOR EL.= 225,.,_'_-=-" / 11TH FLOOR EL.= 29"'--'-- O=-"--- F r-; ii'.: 1TH FLOOR EL.= 193~' ~-O=--"--- F.._ -~ 9TH FLOOR EL.= 177 '_-~o _ STH FLOOR EL.= 161' - O" 7TH FLOOR EL.= 145' - O" - ~!== - t=~= f: -~,~,;... ~~FH ~.. = ~~ - - r~' 6TH FLOOR EL.= 129' - o ~ 5TH FLOOR EL.= 113'-" 4TH FLOOR EL.= 97' - O'' 3RD FLOOR EL.= 81' - O'' ~1 ~ _J ~ ~ a::: LU LU.. c.. a::: a::: c.... '' ~ 2ND FLOOR EL.= 53'-~ O~"---- f-ll.jujoll"'-ll.j...l.j...'---_. ----lf.-.~l'li.,...:...1 S=-T:...:F ::L:..=OOR (LOBB~Y) V EL.= +25' - O" ~~ CELLAR EL.= +12' - 2" LJ. SUB CELLAR "'P EL.= +2' - 8" NORTH ELEVATON - ~ ~ EAST ELEVATON CONDOMNUM New York, NY, 17

25 37 EXHBT "8" DECLARATON OF CONDOMNUM

26 38

27 . 39 CONDOMNUM NUMBER DECLARATON Establishing a Plan for Condominium Ownership of the Premises located at 45 Park Place New York, New York 17 Pursuant to Article 9-B of the Real Property Law of the State of New York Name: CONDOMNUM Declarant: Soho Properties Developer LLC c/o Soho Properties, nc 31 West 27th Street New York, New York 11 The land affected by the within instrument lies in Block 126 formerly known as Base Lot 9 now known as Lots on the Tax Map of the Borough of Manhattan, City of New York Attorneys for Declarant Holland & Knight LLP 31 West 52nd Street New York, New York 119 Attn: Stuart M. Saft, Esq. (212) # _v4

28 31

29 311 NDEX TO DECLARATON TABLE OF CONTENTS ARTCLE SECTON PAGE Article 1 Article 2 Article 3 Article 4 Article 5 Article 6 Article 7 Article 8 Article 9 Article 1 Article 11 Article 12 Article 13 Article 14 Article 15 Article 16 Article 17 Article 18 Article 19 Article 2 Article 21 Article 22 Definitions l Submission Of The Property The Land The Property The Building The Units Dimensions Of Units Common Elements Use Of Building And Units Changes n The Residential Units Changes n The Non Residential Section Condominium Governance; Person To Receive Service...13 Determination Of Percentage nterests n Common Elements Encroachments Access To Common Elements Easements And Name Of Condominium Power Of Attorney To The Condominium Board Acquisition Of Units By The Condominium Board Covenants Running With The Land... 2 Amendments Of Declaration Termination Of Condominium Waiver # _v4

30 312 Article 23 Article 24 Article 25 Article 26 Article 27 Article 28 Article 29 Captions Certain References Severability Covenant Of Further Assurances Successors And Assigns Covenants ncorporation By Reference # _v4 11

31 313 DECLARATON OF CONDOMNUM (Pursuant to Article 9-B of the Real Property Law of the State of New York) Soho Properties Developer LLC, a Delaware limited liability company, having an office c/o Soho Properties, nc, 31 West 27th Street, New York, New York 17 ("Declarant"), does hereby declare as follows: ARTCLE 1 DEFNTONS All capitalized terms used in this Declaration (hereinafter referred to as the "Declaration") that are not otherwise defined in the Articles hereof will have the meanings set forth in Exhibit C annexed hereto, unless the context in which they are used will otherwise require. ARTCLE2 SUBMSSON OF THE PROPERTY 2.1 Declarant hereby submits the Land and Building (each as hereinafter defined), all other improvements erected and to be erected thereon, all easements, rights and appurtenances belonging thereto and all other property, real, personal or mixed, intended for use in connection therewith (collectively, the "Property") to the provisions of Article 9-B of the Real Property Law of the State of New York (the "Condominium Act") and pursuant thereto does hereby establish a Condominium to be known as "45 Park Place Condominium" (the "Condominium'). 2.2 Attached to this Declaration and made a part hereof are the By-Laws of the Condominium which set forth detailed provisions governing the operation, use and occupancy of the Condominium (said By-Laws, as they may be amended from time to time, are hereinafter referred to as the "By-Laws"). All capitalized terms which are not separately defined herein shall have the meanings given to those terms in the By-Laws. 2.3 Excluded from the Property are that portion of the unused floor area development rights that are now owned, subsequently acquired or that may become available under the Zoning Resolution of the City of New York (the "Development Rights") which shall be initially retained by Declarant, but which Development Rights may be utilized by Declarant or any party acquiring the same from Declarant (the "Development Rights Purchaser") and m~rged into a zoning lot pursuant to the terms of a zoning lot development agreement or similar agreement or instrument (a "Zoning Lot Development Agreement"). 2.4 n the event of a conflict between the terms and provision of this Declaration, on the one hand, and the terms and provision of any of the By-Laws, on the other hand, the terms of this Declaration shall in all events govern. # _v4

32 314 ARTCLE3 THE LAND ncluded in the Property described in Article 2 is all that certain tract, plot, piece and parcel of land (the "Land") situate, lying and being in the City, County and State of New York, and more particularly described in Exhibit A annexed hereto and made a part hereof. The Land is owned by Declarant in fee simple absolute. The Land has an area of approximately 7,95 square feet. ARTCLE4 THE PROPERTY 4.1 ncluded in the Property described in Article 2 is a building (the "Building") consisting of the 5 Residential Units (collectively referred to as the "Residential Units" and individually, a "Residential Unit"). The Residential Section consists of the Residential Units, the Residential Common Elements and the Restricted Residential Common Elements. The Non Residential Section consists of the two (2) Non-Residential Units (collectively referred to as the "Non-Residential Units" and individually, a "Non-Residential Unit"). The Non-Residential and the Residential Units are sometimes hereinafter collectively referred to as the "Units" and individually as a "Unit". The owner of a Residential Unit is herein called a "Residential Unit Owner" and all the owners of the Residential Units are herein collectively called the "Residential Unit Owners". The owner of a Non-Residential Unit, or its designee, is herein called a "Non Residential Unit Owner" and all the owners of the Non-Residential Units are herein collectively called the "Non-Residential Unit Owners''. 4.2 From the date hereof until the date on which a Unit is first conveyed or first distributed by Declarant to an unrelated Person, (i) Declarant shall have all the rights and obligations described herein and in the Condominium By-Laws with respect to such Unit as rights and obligations of the Unit Owner thereof and (ii) all references in this Declaration and in the Condominium By-Laws to the Unit Owner of such Unit shall be deemed to be references to Declarant. 4.3 From the date hereof until the first conveyance of a Residential Unit in the Residential Section (the "First Residential Unit Conveyance"), Declarant shall have the rights and obligations described herein and in the Condominium By-Laws as the collective rights and obligations of the Unit Owners and its Condominium Board (the "Condominium Board"); and, until such First Residential Unit Conveyance, all references herein and in the Condominium By Laws to the Residential Unit Owners and/or the Residential Committee shall be deemed to be references to Declarant. ARTCLE 5 THE BULDNG The Building consists of one mixed-use tower building with 5 Residential Units, 2 Non Residential Units and the Common Elements (referred to as the "Building"). The Building is constructed of reinforced concrete frame with concrete slab floor systems, including reinforced concrete columns, masonry cavity walls and concrete footings. The floors in the Building are # v4 2

33 315 named (from bottom to top): Sub-Cellar, Cellar, Floors 1through4, Penthouse, Main Roof and Bulkhead Roof. The entrance to the Building is on Park Place. The Residential Section occupies a portion of the Sub-Cellar, Cellar, the First Floor and Floors 2 through the Penthouse. ARTCLE6 THE UNTS 6.1 Exhibit B annexed hereto and made a part hereof sets forth the following data with respect to each Unit necessary for the proper identification thereof: Unit designation; floor designation; tax lot number; approximate square foot area; approximate terrace square foot area; and the percentage interest in the General Common Elements appurtenant to such Unit. The location of each Unit is shown on the floor plans of the Buildings (the "Floor Plans") certified by , and intended to be approved by the Real Property Assessment Department of the City of New York and filed in the New York County office of the Register of the City of New York (the "City Register's Office") following the recording of this Declaration. 6.2 Each Unit includes, and each Unit Owner shall be responsible for, the front entrance door and any other doors to such Unit, smoke detectors, all windows (including, without limitation, their panes, casements and frames) to such Unit, all plumbing, gas and heating fixtures and equipment such as refrigerators, dishwashers, heating, ventilating and air conditioning ("HVAC") units (including the fans inside the units), heating equipment, ranges and any other applianc es, as may be affixed, attached or appurtenant to such Unit and serving such Unit exclusively. Plumbing, gas and heating fixtures and equipment as used in the preceding sentence shall include exposed gas and water pipes from branch or fixture shut-off valves attached to fixtures, appliances and equipment and the fixtures, appliances and equipment to which they are attached, and any special pipes or equipment which a Unit Owner may install within a wall or ceiling, or under the floor, but shall not include gas, water or other pipes, conduits, wiring or ductwork within the walls, ceilings or floors. Each Unit shall also include (i) all lighting and electrical fixtures and appliances within the Unit, and (ii) any special equipment, fixtures or Facilities (as hereinafter defined) affixed, attached or appurtenant to the Unit, to the extent located within a Unit from the panel and serving or benefiting only that Unit. Notwithstanding anything contained in this Article 6 to the contrary, each Unit Owner will have the right, exercisable at any time, to install, at such Unit Owner's sole cost and expense, decorations, fixtures and coverings (including, without limitation, painting, finishing, wall to wall carpeting, pictures, mirrors, shelving arid lighting fixtures) on the surfaces of the walls, ceilings and floors that face the interior of such Unit Owner's Unit and to a depth of one inch behind such surfaces for the purposes of installing nails, screws, bolts and the like, provided that no such installation shall impair the structural integrity and mechanical and electrical systems of such Unit or of the Building. 6.3 The Residential Units include all related Facilities exclusively serving the Residential Units. The Non-Residential Units include all related Facilities exclusively serving the Non-Residential Unist. 6.4 As of the date of the filing of this Declaration with the City Register's Office, fee simple absolute title shall automatically vest in Declarant in all Units, individually and # v4 3

FILED: NEW YORK COUNTY CLERK 08/08/2012 INDEX NO /2011 NYSCEF DOC. NO. 34 RECEIVED NYSCEF: 08/08/2012

FILED: NEW YORK COUNTY CLERK 08/08/2012 INDEX NO /2011 NYSCEF DOC. NO. 34 RECEIVED NYSCEF: 08/08/2012 FILED: NEW YORK COUNTY CLERK 08/08/2012 INDEX NO. 652061/2011 NYSCEF DOC. NO. 34 RECEIVED NYSCEF: 08/08/2012 NYC DEPARTMENT OF FINANCE OFFICE OF THE CITY REGISTER This page is part of the instrument. The

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