183 COLUMBIA HOLDING, LLC

183 COLUMBIA HOLDING, LLC 815 Fifth Avenue New York, New York 10065 December 10, 2012 Re: 183 Columbia Heights, Brooklyn NY 11201 Dear Darren, I am delighted to share with you the following update on our property 183 Columbia Heights, Brooklyn NY 11201. Condo prices in Brooklyn Heights continue to climb significantly. When we bought the building, this past April, condo prices were hitting highs in the $920 per square foot (psf) range and rental prices in the $60 psf range. Today rental prices seem to have topped out at the $60 psf range but condo prices now in the $1053 psf range and in some cases much higher. We are being put in a very good position of having the ability to turn around a projected profit by condoing the building. Please see the projected budget and sellout attached. I have also negotiated a very attractive, additional financing with our bank based on this plan, please see below. We will need a small amount of additional equity to meet the banks requirement of $530,000. Your portion of this equity is $88,333. There is no obligation on your part to fund the additional capital. We have completed demolition on the project, filed for additional building permits based on the drawings attached and plan to have our first show unit in place by the end of March. In addition, as of last Friday we have filed our condo plan that will allow us to start taking deposits once it has been approved by the Attorney General. Douglas Elliman, our marketing and sales agent, predicts a very brisk sellout; please see the attached letter and comparative analysis. I have also enclosed articles on the neighborhood and the original ad form 1890 when our building first opened. The photo above was recently taken from our roof. In the photo you can see Staten Island, Brooklyn and Manhattan Harbor. Below, the piers seen in the photo will become part of Brooklyn Bridge Park, once converted to park land. Please contact me with any questions at Thank you again for your trust, David J. Mitchell 815 Fifth Avenue, New York, NY 10065 (T) • (F) EFTA01074961 183 COLUMBIA HOLDING, LLC 815 Fifth Avenue New York, New York 10065 TO LBT-h-APALETMENT HOVEI,V?.. 1 TO IST-APAILT3OICNT NOM= THE RIVERVIEW, Most Aristocratic Apartment House in Brooklyn. • 183 COLUMBIA HEIGHTS, Near Pierrepont Street. New apartnuints. consisting ot or rooms bath. butlers'ipMlirY. 'Mints wrrenlietoilet. Shunted In thete, most acted section or Brooklyn minute. (Moklyn HeIghtsh flew seven-story apartment house. arranged for one florally eau Boer: within 6 from %Yell Si. and tO minutes from City lleil. Manhattan: convenient to call theaters. trolley Alma ferried and the Bridge. Decide doralor. electric Bald. Ilvcried hail end elevator. bop. In attendance, both day and night Steam heat. hot water sIMMY. Onbinet trim. latest open sanitary plumbing. hardwood Hoorn died bethreOle SCOm and tails: long-Maumee talephorto la each turperato tratiment: no tangos. Slam- /Mod refrigeratora amp grates, and superb decorations. Rents $900 to $1,200 Per Annum. APTLY TO LOUIS J. HOROWITZ OWNER. ON PRISM:PEP, Oh JOHN F. JAMES & SON. Agents, 193 MONTAQUE STREET. Open for Inspection To-day. 815 Fifth Avenue, New York, NY 10065 (T) • (F) EFTA01074962 183 COLUMBIA HOLDING, LLC 815 Fifth Avenue New York, New York 10065 Budget PSF Sellable Acquisition Renovations Mortgage Interest (1 Year) Renovations Loan Interest $ 6,996,337 $ 1,937,668 168,630 47,500 $ 551 $ 152 $ 13 4 Total Costs $ 9,150,135 $ 720 Sellout Blended Gross $ 13,381,524 $ 1,053 Broker Fee (4%) $ 535.261 $ 42 Net Sellout $ 12,846,263 $ 1,011 Net Profit $ 3,696,128 $ 291 Equity Distribution $ 1,848,064 $ 145 Loan II $ 1,000,000 Additional Equity $ 530,000 "Sellout Based on Prudential Douglas Elliman 815 Fifth Avenue, New York, NY 10065 (T) • (F) EFTA01074963 ak Prudential To Whom It May Concern: Prudential Douglas Elliman Real Estate 26 West 17th Street New York NY 10011 Bus Fax 10/18/12 Attached is proposed pricing for 183 Columbia Heights in Brooklyn Heights. This is an extremely unique condominium project in the most desirable location of Brooklyn Heights. Per the numbers in our proposed pricing, we feel strongly that a blend between $1000 and $1100 per square foot is an accurate projection for a condo building of this caliber. Please note that other projects coming to market (30 Henry Street & 72 Poplar Street) are also predicting similar numbers. In terms of current projects, 20 Henry Street, Love Lane Mews and One Brooklyn Bridge range between $900 to $1200 price per square foot depending on location, unit size, level of finish and exposures. It should also be noted that I have sold nearly one hundred units throughout the Brooklyn Heights, Cobble Hill, Park Slope and Dumbo neighborhoods. I am a residential expert in these areas and was born and bred three blocks from 183 Columbia Heights. Please call me with any questions. Best regards, r Gregory Williamson - Mobile e M niegyeertli criers:lad operated mentor o16PEP Allikauss Inc Not Attfeatedwfl Prudential Prance! marks used under kens, EFTA01074964 183 Columbia Heights Floor SF Price PSF 1 2,353 $1,600,000 $679 * 2 1,753 $1,850,000 $1,055 3 1,753 $1,875,000 $1,069 4 1,753 $1,900,000 $1,083 5 1,753 $1,950,000 $1,112 6 1,753 $2,125,000 $1,212 * 7 1,753 $2,250,000 $1,283 * Total 12,871 $13,550,000 $1,053 Notes: *private outdoor space EFTA01074965 CMA Report Comparative Market Analysis FOR David Mitchell/Geoff Adler 183 COLUMBIA HTS. BROOKLYN HEIGHTS Rooms • 3 Beds • 2-3 Baths • 3BR Brooklyn Heights Condo Units on the market, contract signed or sold/closed since 1/1/12 Suggested Price: $0 Robert G Gross 26 West 17th Street Prepared By: Douglas Elliman 10/19/2012 Comparables to Your Home 360 Furman St - 337 Listing #: 1184590 Rooms: 5 Apartment Type: MaintlCC: $1,943 Beds: 3 Condition: RE Taxes: $148 Baths: 2.5 Dining Type: Max Financing: Tax Deductible: Interior SqFt: 1725 Maids Rooms: Fireplaces: Private Outdoor: // Kitchen Type: Lobby Att: Views: Open F Price/SqFt: $1,040.58 Ownership: Condo Exposure: Year Built: 1928 Prewar: Description:BRIGHT & SPACIOUS THREE-BED Sold and Closed $1,795,000 http://limo.elliman.comicma_report/cma.asp?id-32439&n I 1[10/23/2012 10:11:08 AM] EFTA01074966 CNIA Report RESIDENCE 337 IS A SPACIOUS 3 BEDROOM 2.5 BATH WITH AN EXPANSIVE PRIVATE TERRACE THAT FEATURES VIEWS OF THE BROOKLYN BRIDGE AND STATUE OF LIBERTY. THE CHEF’S KITCHEN IS COMPLETE WITH A BOSCH 5 BURNER COOK TOP, DOUBLE OVEN, AND DISHWASHER. IT ALSO HAS A VENTED HOOD PLUS GARBAGE DISPOSAL AND SUB ZERO REFRIGERATOR. THE 5 FIXTURE EN SUITE BATH INCLUDES A DURAVIT SOAKING TUB, STALL SHOWER, DOUBLE VANITY AND TOTO TOILET. THERE ARE 13 FOOT CEILINGS AND OAK WOOD FLOORING THROUGHOUT. ALL HOMES AT ONE BROOKLYN INCLUDE AN ASKO WASHER DRYER IN THEIR RESIDENCE AS WELL AS A PRIVATE STORAGE UNIT ON THEIR RESPECTIVE FLOOR. ONE BROOKLYN BRIDGE PARK IS A MONUMENTAL BUILDING, GRAND IN SCOPE, SCALE, AND STYLE. ITS LOCATION IS BOTH MAGNIFICENT AND INCOMPARABLE. DIRECTLY FACING THE MANHATTAN SKYLINE, IT RISES WITHIN ONE OF THE BOROUGH'S MOST DESIRABLE NEIGHBORHOODS ALONG THE EAST RIVER AS IT OPENS TO NEW YORK HARBOR. ADJOINING IT, BROOKLYN BRIDGE PARK IS AMONG THE MOST AMBITIOUS WATERFRONT TRANSFORMATIONS OUR CITY HAS UNDERTAKEN IN A CENTURY. Features: 360 Furman St Listing #: MaintICC: RE Taxes: Max Financing: Tax Deductible: Interior SqFt: Price/SqFt: Year Built: Description:2,300+/- SQ. FT. TRUE 4 BEDROOM, 3 BATH APARTMENT ON THE BROOKLYN HEIGHTS WATERFRONT WITH STUNNING NORTH, WEST VIEWS OF LOWER MANHATTAN, THE BROOKLYN BRIDGE, AND THE EMPIRE STATE BUILDING. TONS OF LIGHT! THIS APARTMENT WAS COMPLETELY RENOVATED BY A PUBLISHED INTERIOR DESIGNER. CUSTOM VENETIAN PLASTER ENTRY WAY AND MASTER BEDROOM, PLAYFUL WALL MURAL IN THE MASSIVE CHILDRENS ROOM. BREATHTAKING INTERIOR GLASS FRENCH DOORS TO THE MEDIA ROOM/HOME OFFICE WITH CUSTOM BUILT-IN DESK AND STORAGE. COMPLETELY CUSTOM EBONIZED KITCHEN WITH MARBLE COUNTERTOPS AND AGED BRASS DETAILS GIVE THIS HOME A RICH SOPHISTICATION. FLOOR TO CEILING WINDOWS IN THE GREAT ROOM AND SOARING 12FT CEILINGS THROUGHOUT THIS MAGNIFICENT FAMILY FRIENDLY AND SUPER QUIET HOME. SUPER LARGE WASHER/DRYER AND EXTRA STORAGE SPACE THROUGHOUT HOME. BUILDING AMENITIES INCLUDE A 24HR DOORMAN, CONCIERGE, LARGE GYM, YOGA ROOM, MOVIE THEATRE ROOM, BILLIARD ROOM, WII ROOM, PIANO ROOM, CHILDRENS PLAY ROOM, GOLF ROOM. ONLY STEPS AWAY FROM PIER 6 AND THE BROOKLYN BRIDGE PARK. Features: 619 1184667 $2,151 $164 Rooms: 6 Beds: 4 Baths: 3.5 Maids Rooms: Fireplaces: /I 2295 Private Outdoor: $1,115.47 Ownership: Condo 1928 Prewar: Sold and Closed Apartment Type: Condition: Dining Type: Kitchen Type: Lobby Att: Views: Exposure: $2,560,000 EXCELLENT Area in LR F 20 Henry St - 3AS Listing #: 1324648 MaintlCC: $1,297 RE Taxes: $181 Max Financing: 90 Tax Deductible: Interior SqFt: 1530 PricelSqFt: $1,029.41 Year Built: Description:SALES OFFICE ADDRESS: 114 HENRY STREETTHE CONVERSION HAS BEGUN AT THE FORMER PEAKS MASON MINTS FACTORY BUILDING AT 20 HENRY STREET BETWEEN POPLAR AND MIDDAGH STREET IN BROOKLYN HEIGHTS. THIS IS AN 1864 INDUSTRIAL LOFT BUILDING BEING RESTORED FOR MODERN LIVING. THE ARCHICTECT WORKING THIS RESTORATION IS PKSB. THERE WILL BE 38 LOFT APARTMENTS RANGING IN PRICE FROM $580 TO $2.6M THERE WILL BE STUDIOS TO FOUR BEDROOM HOMES MANY WITH OUTDOOR SPACE. THERE WILL BE A Rooms: Beds: Baths: Maids Rooms: Fireplaces: Private Outdoor: Ownership: Prewar: 5 3 2 Condo Contract Signed Apartment Type: Condition: Dining Type: Kitchen Type: Lobby Att: Views: Exposure: $1,575,000 hup:Illimo.ellimati.contlema_reporVema.asp?id-324398:0-I1110/23;201.2 10:11:08 AM) EFTA01074967 (MA Report BEAUTIFULLY LANDSCAPED COURT YARD ENTRANCE, FULL TIME DOORMAN, FITNESS CENTER, BIKE ROOM, GREEN ROOF, BOSCH APPLIANCES, WASHER & DRYER IN EACH APARTMENT AND STORAGE LOCKERS AVAILABLE FOR PURCHASE.LIVING LARGE AND LIVING HISTORY IN BROOKLYN HEIGHTS. Features: Washer/Dryer 360 Furman St 1211 Sold and Closed $1,950,000 Listing #: 1364568 Rooms: 5 Apartment Type: MaintICC: $2,151 Beds: 3 Condition: MINT RE Taxes: $159 Baths: 3 Dining Type: Max Financing: Tax Deductible: Interior SqFt: 1976 Maids Rooms: Fireplaces: Private Outdoor: 1/ Kitchen Type: Lobby Att: Views: Open F Price/SqFt: $986.84 Ownership: Condo Exposure: Year Built: 1928 Prewar: Description:SPLIT THREE BED WITH VIEW AND PRIVATE TERRACE RESIDENCE 1211 IS A SPLIT 3 BEDROOM 3 BATH WITH PRIVATE TERRACE SPACE WHICH HAS BREATHTAKING VIEWS OF THE BROOKLYN BRIDGE AND THE MANHATTAN SKYLINE. THE CHEF'S KITCHEN IS COMPLETE WITH A BOSCH 5 BURNER COOK TOP, DOUBLE OVEN, AND DISHWASHER. IT ALSO HAS A VENTED HOOD PLUS GARBAGE DISPOSAL, SUB ZERO REFRIGERATOR AND WINE COOLER. THE EN SUITE BATH IS 5 FIXTURE INCLUDING A DURAVIT SOAKING TUB, STALL SHOWER, DOUBLE VANITY AND TOTO TOILET. THERE IS A FULL LAUNDRY ROOM WITH AN ASKO WASHER DRYER IN THE RESIDENCE AND OAK WOOD FLOORING THROUGHOUT. ALL HOMES AT ONE BROOKLYN INCLUDE A PRIVATE STORAGE UNIT ON THEIR RESPECTIVE FLOOR AS WELL. ONE BROOKLYN BRIDGE PARK IS A MONUMENTAL BUILDING, GRAND IN SCOPE, SCALE, AND STYLE. ITS LOCATION IS BOTH MAGNIFICENT AND INCOMPARABLE. DIRECTLY FACING THE MANHATTAN SKYLINE, IT RISES WITHIN ONE OF THE BOROUGH'S MOST DESIRABLE NEIGHBORHOODS ALONG THE EAST RIVER AS IT OPENS TO NEW YORK HARBOR. ADJOINING IT, BROOKLYN BRIDGE PARK IS AMONG THE MOST AMBITIOUS WATERFRONT TRANSFORMATIONS OUR CITY HAS UNDERTAKEN IN A CENTURY. Features: 75 Clinton St 9A Contract Signed $2,025,000 Listing #: 1392863 Rooms: 6 Apartment Type: Maint/CC: $1,067 Beds: 3 Condition: EXCELLENT RE Taxes: $1,220 Baths: 2.5 Dining Type: Area in LR Max Financing: Tax Deductible: Maids Rooms: Fireplaces: II Kitchen Type: Lobby Att: Windowed Interior SqFt: 1531 Private Outdoor: Views: Price/SqFt: $1,322.66 Ownership: Condo Exposure: Year Built: 1910 Prewar: Description:75 CLINTON IS LOCATED IN HISTORIC BROOKLYN HEIGHTS AND PROVIDES ALL THE CONVENIENCES OFFERED BY THIS QUINTESSENTIAL BROOKLYN NEIGHBORHOOD. CONSISTING OF SEVENTY FOUR CONDOMINIUMS, THESE EXCITING NEW HOMES PROVIDE, AMAZING LIGHT, SOARING CEILINGS AND WONDERFUL VIEWS. YOU WILL HAVE A CHOICE OF LARGE FUNCTIONAL STUDIOS, ONE BEDROOM, TWO BEDROOM AND HUGE THREE BEDROOM CONDOMINIUMS. SEVERAL HOMES OFFER BALCONIES AND ALL ARE FINISHED WITH PRODUCTS OF THE HIGHEST QUALITY: VINTAGE HAND GLAZED CERAMIC BACK SPLASHES, QUARTZITE SUPER WHITE COUNTERTOPS, CARBONIZED BAMBOO FLOORING, AND FINE FIXTURES SIGNATURE FAUCETS. THE BUILDING FEATURES, A 24 HOUR DOORPERSON, PRIVATE STORAGE, TWO ELEVATORS, SPACIOUS HALLWAYS, A FITNESS ROOM AND FIVE THOUSAND SQUARE FOOT COMMON ROOF DECK. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD100269 APARTMENT FEATURES: SOUTH EXPOSURE, WEST EXPOSURE BUILDING FEATURES: ROOF DECK Features: http:Illitno.ellimati.contlema_reporVenta.asp?id-324398:0-I11101.23;201.2 10:11:08 AM) EFTA01074968 ChM Report 9 College PI - 1E Sold and Closed $2,275,000 Listing #: 1406481 Rooms: 5 Apartment Type: MaintlCC: $2,207 Beds: 3 Condition: MINT RE Taxes: $1,228 Baths: 3 Dining Type: Max Financing: 90 Maids Rooms: Kitchen Type: Tax Deductible: Fireplaces: 1/2 Lobby Att: Interior SqFt: 2470 Private Outdoor: Views: PricelSqFt: $921.05 Ownership: Condo Exposure: Year Built: Description: Prewar: Y Features: 9 College PI - 3H Sold and Closed $2,295,000 Listing #: 1408630 Rooms: 5 Apartment Type: MaintlCC: $1,898 Beds: 3 Condition: EXCELLENT RE Taxes: $1,056 Baths: 3 Dining Type: Area in LR Max Financing: 90 Maids Rooms: Kitchen Type: Win Eat-In Tax Deductible: Fireplaces: // Lobby Att: Interior SqFt: 1905 Private Outdoor: Views: Price/SqFt: $1,204.72 Ownership: Condo Exposure: Year Built: Prewar: Y Description:LOVE LANE MEWS LANDMARK RESIDENCES ARE TRULY EXTRAORDINARY. ROOMS ARE MAGNIFICENTLY SPACIOUS: GREAT ROOMS ARE OVER 30 FEET IN LENGTH WITH HUGE OPEN CHEFS KITCHENS; OVER-SIZED MASTER BEDROOM SUITES WITH GIANT WALK-IN CLOSETS AND FIVE-FIXTURE BATHS; SECOND AND THIRD BEDROOMS AS LARGE AS MASTER BEDROOMS. CEILING HEIGHTS RANGE FROM 10 TO 15 FEET AND FLOORS ARE ALL WIDE-BOARD, SOLID WHITE OAK. LIGHT FLOODS THROUGH LOVE LANE MEWS NEW DOUBLE-PANED WINDOWS, SOME 12 FEET IN HEIGHT, WITH SERENE VIEWS OF TREE-FILLED GARDENS OVER HISTORIC LOVE LANE, COLLEGE PLACE AND THE MANHATTAN SKYLINE. MANY LOVE LANE MEWS HOMES HAVE GAS FIREPLACES, MORE THAN GENEROUS TERRACES AND BALCONIES THAT SPAN THE ENTIRE WIDTH OF THE RESIDENCES. Features: 360 Furman St - 221 Sold and Closed $1,800,000 Listing #: 1410775 Rooms: 5 Apartment Type: Maint/CC: $1,696 Beds: 3 Condition: RE Taxes: $122 Baths: 3 Dining Type: Max Financing: Tax Deductible: Maids Rooms: Fireplaces: Kitchen Type: Lobby Att: Open Interior SqFt: 1798 Private Outdoor: Views: Price/SqFt: $1,001.11 Ownership: Condo Exposure: Year Built: 1928 Prewar: Y Description:THIS 3 BEDROOM, 3 BATH DUPLEX TOWNHOME ENJOYS SPECTACULAR VIEWS OF THE BROOKLYN BRIDGE AND MANHATTAN SKYLINE.  THE CHEF'S KITCHEN IS COMPLETE WITH A BOSCH COOKTOP, OVEN, AND DISHWASHERANBSP; IT ALSO HAS A VENTED HOOD PLUS GARBAGE DISPOSAL AND SUB ZERO REFRIGERATOR.  THE EN SUITE MASTER BATH IS 5 FIXTURE INCLUDING A DURAVIT SOAKING TUB, STALL SHOWER, DOUBLE VANITY AND TOTO TOILET.  ALL HOMES AT ONE BROOKLYN BRIDGE PARK HAVE OAK FLOORING THROUGHOUT, AN ASKO WASHER DRYER, AS WELL A PRIVATE STORAGE UNIT ON THEIR RESPECTIVE FLOOR.  ONE BROOKLYN BRIDGE PARK IS A MONUMENTAL BUILDING, GRAND IN SCOPE, SCALE, AND STYLE. ITS LOCATION IS BOTH MAGNIFICENT AND INCOMPARABLE. DIRECTLY FACING THE MANHATTAN SKYLINE, IT RISES WITHIN ONE OF THE BOROUGH'S MOST DESIRABLE NEIGHBORHOODS ALONG THE EAST RIVER AS IT OPENS TO NEW YORK HARBOR. ADJOINING IT, BROOKLYN BRIDGE PARK IS AMONG THE MOST AMBITIOUS WATERFRONT TRANSFORMATIONS OUR CITY HAS UNDERTAKEN IN A CENTURY. Features: 9 College PI - 2H Sold and Closed $2,227,500 http:Illitutlellintati.contlenta_reporVenta.asp?id-324398:0-11110,123;2012 10:1 1:08 AM) EFTA01074969 (MA Report Listing #: 1415394 Rooms: 4 Apartment Type: Maint./CC: $1,842 Beds: 3 Condition: EXCELLENT RE Taxes: $1,025 Baths: 3 Dining Type: Area in LR Max Financing: 90 Maids Rooms: Kitchen Type: Open Tax Deductible: Interior SqFt: 1905 Fireplaces: Private Outdoor: /I Lobby Att: Views: F PriceISqFt: $1,169.29 Ownership: Condo Exposure: Year Built: Prewar: Description:LOVE LANE MEWS LANDMARK RESIDENCES ARE TRULY EXTRAORDINARY. ROOMS ARE MAGNIFICENTLY SPACIOUS: GREAT ROOMS ARE OVER 30 FEET IN LENGTH WITH HUGE OPEN CHEFS KITCHENS; OVER-SIZED MASTER BEDROOM SUITES WITH GIANT WALK-IN CLOSETS AND FIVE-FIXTURE BATHS; SECOND AND THIRD BEDROOMS AS LARGE AS MASTER BEDROOMS. CEILING HEIGHTS RANGE FROM 10 TO 15 FEET AND FLOORS ARE ALL WIDE-BOARD, SOLID WHITE OAK. LIGHT FLOODS THROUGH LOVE LANE MEWS NEW DOUBLE-PANED WINDOWS, SOME 12 FEET IN HEIGHT, WITH SERENE VIEWS OF TREE-FILLED GARDENS OVER HISTORIC LOVE LANE, COLLEGE PLACE AND THE MANHATTAN SKYLINE. MANY LOVE LANE MEWS HOMES HAVE GAS FIREPLACES, MORE THAN GENEROUS TERRACES AND BALCONIES THAT SPAN THE ENTIRE WIDTH OF THE RESIDENCES. Features: 20 Henry St - PH2!N Listing #: 1443918 MaintlCC: $1,966 RE Taxes: $354 Max Financing: 90 Tax Deductible: Interior SqFt: 1710 PriceISqFt: $1,228.07 Year Built: Description:—CONTRACT SIGNED- ENJOY AN OPEN LIVING LAYOUT AND SEPARATE DINING AREA IN THIS 1,710 SQ.FT. THREE BEDROOM, TWO BATH PENTHOUSE FEATURING ENERGY EFFICIENT FLOOR-TO-CEILING WINDOWS, 8 WIDE WHITE OAK HARDWOOD FLOORS, BOSCH WASHER/DRYER, TWO PRIVATE BALCONIES, AND A 1,316 SQ.FT. PRIVATE ROOF DECK WITH SPECTACULAR CITY VIEWS. EXPERIENCE A LUXURIOUSLY APPOINTED KITCHEN WITH OVERSIZED ENTERTAINING ISLAND, BLIZZARD WHITE CAESAR STONE COUNTER TOP, GROHE FAUCET, CUSTOM WENGE CABINETRY, AND BOSCH STAINLESS STEEL APPLIANCES. INDULGE YOURSELF IN A SUMPTUOUS MASTER SUITE WITH WALK-IN CLOSET, CUSTOM TEAK DOUBLE VANITY, CALCUTTA GOLD MARBLE WALL TILE, CUSTOM MEDICINE CABINET WITH MIRRORED PANELS, GLACIER WHITE GLASS SHOWER TILE, KOHLER STILLNESS FIXTURES AND KOHLER FREE-STANDING SOAKING TUB. 20 HENRY OFFERS ON-SITE RESIDENT MANAGEMENT, ATTENDED LOBBY, FITNESS CENTER, BICYCLE STORAGE, COLD STORAGE, AND SEPARATE PRIVATE STORAGE. ENTER THROUGH A PRIVATE LANDSCAPED COURTYARD THAT SERVES AS A TRANQUIL ENTRANCE FOR BOTH BUILDINGS. THIS CLASSICALLY MODERN PENTHOUSE REFLECTS A CLEAN AND SLEEK AESTHETIC FOR TODAYS DISCERNING, SOPHISTICATED BUYER. Features: Rooms: Beds: Baths: Maids Rooms: Fireplaces: Private Outdoor: Ownership: Prewar: 5 3 2 Condo Contract Signed Apartment Type: Condition: Dining Type: Kitchen Type: Lobby Att: Views: Exposure: $2,100,000 20 Henry St - 6B/S Contract Signed $1,950,000 Listing #: 1450696 Rooms: 5 Apartment Type: Maint./CC: $1,600 Beds: 3 Condition: RE Taxes: $184 Baths: 2 Dining Type: Max Financing: 90 Maids Rooms: Kitchen Type: Tax Deductible: Fireplaces: Lobby Att: Interior SqFt: 1773 Private Outdoor: Views: PriceISqFt: $1,099.83 Ownership: Condo Exposure: Year Built: Prewar: Description:—CONTRACT SIGNED- . ENJOY AN OPEN LIVING LAYOUT AND SEPARATE DINING AREA IN THIS 1,773 SQ.FT. THREE BEDROOM, TWO BATH LOFT FEATURING OVERSIZED, ENERGY EFFICIENT ARCHED INDUSTRIAL STYLE WINDOWS, EXPOSED ORIGINAL HEAVY TIMBER BEAMS AND COLUMNS, 8 WIDE WHITE OAK HARDWOOD FLOORS, BOSCH WASHER/DRYER, AND OVER 10.5 http:Illitutlellintati.contlenta_reporVenta.asp?id-324398:0-I1110/23;201.2 10:11:08 AM) EFTA01074970 (MA Report CEILINGS. EXPERIENCE A LUXURIOUSLY APPOINTED KITCHEN WITH BLIZZARD WHITE CAESAR STONE COUNTER TOP, GROHE FAUCET, CUSTOM WENGE CABINETRY, AND BOSCH STAINLESS STEEL APPLIANCES. INDULGE YOURSELF IN A SUMPTUOUS MASTER SUITE WITH WALK-IN CLOSET, CUSTOM TEAK DOUBLE VANITY, CALCUTTA GOLD MARBLE WALL TILE, CUSTOM MEDICINE CABINET WITH MIRRORED PANELS, GLACIER WHITE GLASS SHOWER TILE, KOHLER STILLNESS FIXTURES AND KOHLER FREE-STANDING SOAKING TUB. 20 HENRY OFFERS ON-SITE RESIDENT MANAGEMENT, ATTENDED LOBBY, FITNESS CENTER, BICYCLE STORAGE, COLD STORAGE, AND SEPARATE PRIVATE STORAGE. ENTER THROUGH A PRIVATE LANDSCAPED COURTYARD THAT SERVES AS A TRANQUIL ENTRANCE FOR BOTH BUILDINGS. THIS AUTHENTIC 19TH CENTURY LOFT EXUDES CLEAN, CONTEMPORARY ELEGANCE WHILE EVOKING A STORIED INDUSTRIAL PAST. CONTRACT SIGNED. Features: 20 Henry St - 5B/S Contract Signed $1,653,000 Listing #: 1453113 Rooms: 5 Apartment Type: Maint./CC: $1,422 Beds: 3 Condition: RE Taxes: $164 Baths: 2 Dining Type: Max Financing: 90 Maids Rooms: Kitchen Type: Tax Deductible: Fireplaces: Lobby Att: Interior SqFt: 1574 Private Outdoor: Views: PriceISqFt: $1,050.19 Ownership: Condo Exposure: Year Built: Prewar: Description:—CONTRACT SIGNED"*. ENJOY AN OPEN LIVING LAYOUT AND SEPARATE DINING AREA IN THIS 1,574 SQ.FT. THREE BEDROOM, TWO BATH LOFT FEATURING OVERSIZED, ENERGY EFFICIENT ARCHED INDUSTRIAL STYLE WINDOWS, EXPOSED ORIGINAL HEAVY TIMBER BEAMS AND COLUMNS, 8 WIDE WHITE OAK HARDWOOD FLOORS, BOSCH WASHER/DRYER, AND OVER 10.5 CEILINGS. EXPERIENCE A LUXURIOUSLY APPOINTED KITCHEN WITH BLIZZARD WHITE CAESAR STONE COUNTER TOP, GROHE FAUCET, CUSTOM WENGE CABINETRY, AND BOSCH STAINLESS STEEL APPLIANCES. INDULGE YOURSELF IN A SUMPTUOUS MASTER SUITE WITH WALK-IN CLOSET, CUSTOM TEAK DOUBLE VANITY, CALCUTTA GOLD MARBLE WALL TILE, CUSTOM MEDICINE CABINET WITH MIRRORED PANELS, GLACIER WHITE GLASS SHOWER TILE, KOHLER STILLNESS FIXTURES AND KOHLER FREE-STANDING SOAKING TUB. 20 HENRY OFFERS ON-SITE RESIDENT MANAGEMENT, ATTENDED LOBBY, FITNESS CENTER, BICYCLE STORAGE, COLD STORAGE, AND SEPARATE PRIVATE STORAGE. ENTER THROUGH A PRIVATE LANDSCAPED COURTYARD THAT SERVES AS A TRANQUIL ENTRANCE FOR BOTH BUILDINGS. THIS AUTHENTIC 19TH CENTURY LOFT EXUDES CLEAN, CONTEMPORARY ELEGANCE WHILE EVOKING A STORIED INDUSTRIAL PAST. Features: 20 Henry St - 6A/S Contract Signed $1,725,000 Listing #: 1453114 Rooms: 5 Apartment Type: Maint./CC: $1,403 Beds: 3 Condition: RE Taxes: $161 Baths: 2 Dining Type: Max Financing: 90 Maids Rooms: Kitchen Type: Tax Deductible: Fireplaces: Lobby Att: Interior SqFt: 1553 Private Outdoor: Views: PriceISqFt: $1,110.75 Ownership: Condo Exposure: Year Built: Prewar: Description:—CONTRACT SIGNED"'. ENJOY AN OPEN LIVING LAYOUT AND SEPARATE DINING AREA IN THIS 1,553 SQ.FT. THREE BEDROOM, TWO BATH LOFT FEATURING OVERSIZED, ENERGY EFFICIENT ARCHED INDUSTRIAL STYLE WINDOWS, EXPOSED ORIGINAL HEAVY TIMBER BEAMS AND COLUMNS, 8" WIDE WHITE OAK HARDWOOD FLOORS, BOSCH WASHER/DRYER, AND UP TO 12 CEILINGS. EXPERIENCE A LUXURIOUSLY APPOINTED KITCHEN WITH BLIZZARD WHITE CAESAR STONE COUNTER TOP, GROHE FAUCET, CUSTOM WENGE CABINETRY, AND BOSCH STAINLESS STEEL APPLIANCES. INDULGE YOURSELF IN A SUMPTUOUS MASTER SUITE WITH WALK-IN CLOSET, CUSTOM TEAK DOUBLE VANITY, CALCUTTA GOLD MARBLE WALL TILE, CUSTOM MEDICINE CABINET WITH MIRRORED PANELS, GLACIER WHITE GLASS SHOWER TILE, KOHLER STILLNESS FIXTURES AND KOHLER FREE-STANDING SOAKING TUB. 20 HENRY OFFERS ON-SITE RESIDENT MANAGEMENT, ATTENDED LOBBY, FITNESS CENTER, BICYCLE STORAGE, COLD STORAGE, AND SEPARATE PRIVATE STORAGE. ENTER THROUGH A PRIVATE LANDSCAPED http:Illitno.ellimati.contlema_reporVenta.asp?id-324398:0-I1110/23;201.2 10:11:08 AM) EFTA01074971 ChM Report COURTYARD THAT SERVES AS A TRANQUIL ENTRANCE FOR BOTH BUILDINGS. THIS AUTHENTIC 19TH CENTURY LOFT EXUDES CLEAN, CONTEMPORARY ELEGANCE WHILE EVOKING A STORIED INDUSTRIAL PAST. Features: 20 Henry St - 5A/S Listing #: 1454622 MaintlCC: $1,378 RE Taxes: $159 Max Financing: 90 Tax Deductible: Interior SqFt: 1527 Price/SqFt: $1,090.37 Year Built: Description:—CONTRACT SIGNED"*. ENJOY AN OPEN LIVING LAYOUT AND SEPARATE DINING AREA IN THIS 1,527 SQ.FT. THREE BEDROOM, TWO BATH LOFT FEATURING OVERSIZED, ENERGY EFFICIENT ARCHED INDUSTRIAL STYLE WINDOWS, EXPOSED ORIGINAL HEAVY TIMBER BEAMS AND COLUMNS, 8" WIDE WHITE OAK HARDWOOD FLOORS, BOSCH WASHER/DRYER, AND UP TO 12 CEILINGS. EXPERIENCE A LUXURIOUSLY APPOINTED KITCHEN WITH BLIZZARD WHITE CAESAR STONE COUNTER TOP, GROHE FAUCET, CUSTOM WENGE CABINETRY, AND BOSCH STAINLESS STEEL APPLIANCES. INDULGE YOURSELF IN A SUMPTUOUS MASTER SUITE WITH WALK-IN CLOSET, CUSTOM TEAK DOUBLE VANITY, CALCUTTA GOLD MARBLE WALL TILE, CUSTOM MEDICINE CABINET WITH MIRRORED PANELS, GLACIER WHITE GLASS SHOWER TILE, KOHLER STILLNESS FIXTURES AND KOHLER FREE-STANDING SOAKING TUB. 20 HENRY OFFERS ON-SITE RESIDENT MANAGEMENT, ATTENDED LOBBY, FITNESS CENTER, BICYCLE STORAGE, COLD STORAGE, AND SEPARATE PRIVATE STORAGE. ENTER THROUGH A PRIVATE LANDSCAPED COURTYARD THAT SERVES AS A TRANQUIL ENTRANCE FOR BOTH BUILDINGS. THIS AUTHENTIC 19TH CENTURY LOFT EXUDES CLEAN, CONTEMPORARY ELEGANCE WHILE EVOKING A STORIED INDUSTRIAL PAST. CONTRACT SIGNED. Features: Rooms: Beds: Baths: Maids Rooms: Fireplaces: Private Outdoor: Ownership: Prewar: 5 3 2 lI Condo Contract Signed Apartment Type: Condition: Dining Type: Kitchen Type: Lobby Att: Views: Exposure: $1,665,000 360 Furman St 204 Sold and Closed $2,350,000 Listing #: 1462548 Rooms: 5 Apartment Type: Maint./CC: $2,286 Beds: 3 Condition: RE Taxes: $164 Baths: 3 Dining Type: Max Financing: Tax Deductible: Interior SqFt: 2348 Maids Rooms: Fireplaces: Private Outdoor: lI Kitchen Type: Lobby Att: Views: Open F Price/SqFt: $1,000.85 Ownership: Condo Exposure: Year Built: 1928 Prewar: Y Description:THIS HOME WITH SUNNY SOUTHERN EXPOSURE FEATURES 13-20’ CEILINGS IN LIVING ROOM, A LARGE WALK IN CLOSET, CHEF'S KITCHEN WITH DISHWASHER, VENTED HOOD, GARBAGE DISPOSAL AND SUB ZERO REFRIGERATOR, 5 FIXTURE BATH WITH A DURAVIT SOAKING TUB AND A STALL SHOWER.  ALL UNITS HAVE OAK WOOD FLOOR, AN ASKO WASHER/DRYER AND PRIVATE STORAGE ON EACH FLOOR. ONE BROOKLYN BRIDGE PARK IS A MONUMENTAL BUILDING, GRAND IN SCOPE, SCALE, AND STYLE. ITS LOCATION IS BOTH MAGNIFICENT AND INCOMPARABLE. DIRECTLY FACING THE MANHATTAN SKYLINE, IT RISES WITHIN ONE OF THE BOROUGH'S MOST DESIRABLE NEIGHBORHOODS ALONG THE EAST RIVER AS IT OPENS TO NEW YORK HARBOR. ADJOINING IT, BROOKLYN BRIDGE PARK IS AMONG THE MOST AMBITIOUS WATERFRONT TRANSFORMATIONS OUR CITY HAS UNDERTAKEN IN A CENTURY. Features: New Windows 360 Furman St -1211 Sold and Closed $1,995,000 Listing #: 1480389 Rooms: 5 Apartment Type: MaintlCC: $2,151 Beds: 3 Condition: MINT RE Taxes: $159 Baths: 3 Dining Type: Max Financing: Tax Deductible: Maids Rooms: Fireplaces: II Kitchen Type: Lobby Att: Open Interior SqFt: 1976 Private Outdoor: Views: http:Illitno.ellimati.contlema_reporVenta.asp?id-324398:0-11110/23;2012 10:1 1:08 AM) EFTA01074972 (MA Report Price/SqFt: $1,009.62 Ownership: Condo Year Built: 1928 Prewar: Y Description:SPLIT THREE BED WITH VIEW AND PRIVATE TERRACE Exposure: RESIDENCE 1211 IS A SPLIT 3 BEDROOM 3 BATH WITH PRIVATE TERRACE SPACE WHICH HAS BREATHTAKING VIEWS OF THE BROOKLYN BRIDGE AND THE MANHATTAN SKYLINE. THE CHEF'S KITCHEN IS COMPLETE WITH A BOSCH 5 BURNER COOK TOP, DOUBLE OVEN, AND DISHWASHER. IT ALSO HAS A VENTED HOOD PLUS GARBAGE DISPOSAL, SUB ZERO REFRIGERATOR AND WINE COOLER. THE EN SUITE BATH IS 5 FIXTURE INCLUDING A DURAVIT SOAKING TUB, STALL SHOWER, DOUBLE VANITY AND TOTO TOILET. THERE IS A FULL LAUNDRY ROOM WITH AN ASKO WASHER DRYER IN THE RESIDENCE AND OAK WOOD FLOORING THROUGHOUT. ALL HOMES AT ONE BROOKLYN INCLUDE A PRIVATE STORAGE UNIT ON THEIR RESPECTIVE FLOOR AS WELL. ONE BROOKLYN BRIDGE PARK IS A MONUMENTAL BUILDING, GRAND IN SCOPE, SCALE, AND STYLE. ITS LOCATION IS BOTH MAGNIFICENT AND INCOMPARABLE. DIRECTLY FACING THE MANHATTAN SKYLINE, IT RISES WITHIN ONE OF THE BOROUGH'S MOST DESIRABLE NEIGHBORHOODS ALONG THE EAST RIVER AS IT OPENS TO NEW YORK HARBOR. ADJOINING IT, BROOKLYN BRIDGE PARK IS AMONG THE MOST AMBITIOUS WATERFRONT TRANSFORMATIONS OUR CITY HAS UNDERTAKEN IN A CENTURY. Features: 20 Henry St - PH4/S Contract Signed $2,485,000 Listing #: 1482624 Rooms: 6 Apartment Type: Duplex Maint./CC: $1,876 Beds: 3 Condition: RE Taxes: $196 Baths: 2 Dining Type: Max Financing: 90 Maids Rooms: Kitchen Type: Tax Deductible: Fireplaces: Lobby Att: Interior SqFt: 1884 Private Outdoor: Views: PriceISqFt: $1,319.00 Ownership: Condo Exposure: Year Built: Prewar: Description: Features: 20 Henry St - PH3/S Contract Signed $2,550,000 Listing #: 1482625 Rooms: 6 Apartment Type: Duplex Maint./CC: $1,971 Beds: 3 Condition: RE Taxes: $206 Baths: 2 Dining Type: Max Financing: 90 Maids Rooms: Kitchen Type: Tax Deductible: Fireplaces: Lobby Att: Interior SqFt: 1979 Private Outdoor: Views: PriceISqFt: $1,288.53 Ownership: Condo Exposure: Year Built: Prewar: Description: Features: 20 Henry St - PH1/S Contract Signed $2,475,000 Listing #: 1492482 Rooms: 5 Apartment Type: Duplex Maint./CC: $1,983 Beds: 3 Condition: RE Taxes: $194 Baths: 2 Dining Type: Max Financing: 90 Maids Rooms: Kitchen Type: Tax Deductible: Fireplaces: Lobby Att: Interior SqFt: 1868 Private Outdoor: Views: PriceISqFt: $1,324.95 Ownership: Condo Exposure: Year Built: Prewar: Description: Features: http:Illitno.ellimati.contlenta_reporVenta.asp?id-324398:0-11110/23;2012 10:11:08 AM) EFTA01074973 ('MA Report 20 Henry St - PH2/S Contract Signed $2,495,000 Listing #: 1492483 Rooms: 5 Apartment Type: Duplex MaintlCC: $2,009 Beds: 3 Condition: RE Taxes: $196 Baths: 2 Dining Type: Max Financing: 90 Maids Rooms: Kitchen Type: Tax Deductible: Fireplaces: Lobby Att: Interior SqFt: 1890 Private Outdoor: Views: Price/SqFt: $1,320.11 Ownership: Condo Exposure: Year Built: Prewar: Description: Features: Adjustments to Comparables Address 183 COLUMBIA FITS. 360 Furman St - 337 360 Furman St - 619 20 Henry St - 3AS Neighborhood BROOKLYN HEIGHTS Brooklyn Heights Brooklyn Heights Brooklyn Heights Listing# 1184590 1184667 1324648 Status Sold and Closed Sold and Closed Contract Signed CurrentlLast Price5/Sqft $1,795,000 $1,041 $2,799,000 $1,220 $1,575,000 $1,029 Closing Price 5/Sqtt Date Closed 07/14/2012 06/05/2012 Days On Market 1002 963 1289 Adj Adj Adj Rooms 5 6 5 Beds 3 3 4 3 Baths 2-3 2.5 3.5 2 Maids Rooms Library Dining Type Area in LR Interior SqFt 1725 2295 1530 Fireplace Garage Y Y Shares Lobby Att F F Private Outdoor Floor 0 6 3 Total Adjustments: Adjusted Price: Address Neighborhood Listing# Status CurrentlLast Price5/Sqft Closing Price 5/Sqtt Date Closed 183 COLUMBIA HTS. BROOKLYN HEIGHTS $1,795,000 $2,799,000 360 Furman St - 1211 75 Clinton St - 9A Brooklyn Heights 1364568 Sold and Closed $1,995,000 Brooklyn Heights 1392863 Contract Signed $1,010 $2,025,000 05/07/2012 $1,575,000 9 College PI - 1E Brooklyn Heights 1406481 Sold and Closed $1,323 $2,668,500 $1,080 02/23/2012 Days On Market 357 http://litno.elliman.comlema_reporVenta.asp?id-324398:0-I11 I 0,123i2012 10:1 I :08 AM) 0 154 EFTA01074974 ('MA Report $ Adj $ Adj $ Adj Rooms 5 6 5 Beds 3 3 3 3 Baths 2-3 3 2.5 3 Maids Rooms Library Dining Type Area in LR Interior SqFt 1976 1531 2470 Fireplace Garage Shares Lobby Att F F Private Outdoor Floor 0 1 Total Adjustments: Adjusted Price: $1,995,000 $2,025,000 $2,668,500 Address Neighborhood Listing# Status 183 COLUMBIA HTS. 9 College PI - 3H Brooklyn Heights 1408630 Sold and Closed 360 Furman St - 221 Brooklyn Heights 1410775 Sold and Closed 9 College PI - 2H Brooklyn Heights 1415394 Sold and Closed BROOKLYN HEIGHTS Current/Last Price5/Sqft $2,295,000 $1,205 $1,800,000 $1,001 $2,227,500 $1,169 Closing Price 5/Sqtt Date Closed 07/02/2012 09/20/2012 07/17/2012 Days On Market 271 343 263 $ Adj $ Adj $ Adj Rooms 5 5 4 Beds 3 3 3 3 Baths 2-3 3 3 3 Maids Rooms Library Dining Type Area in LR Area in LR Interior SqFt 1905 1798 1905 Fireplace Garage Shares Lobby Att F F F Private Outdoor Floor 0 0 0 Total Adjustments: Adjusted Price: $2,295,000 $1,800,000 $2,227,500 http://litutlellintati.contlenta_reporVenta.asp?id-324398:8-I 1(10/23;2012 10:11:08 A1v11 EFTA01074975 CMA Report 20 Henry St - PI-I2/N 20 Henry St - 6B/S 20 Henry St - 5B/S Address 183 COLUMBIA HTS. Neighborhood BROOKLYN HEIGHTS Brooklyn Heights Brooklyn Heights Brooklyn Heights Listing# 1443918 1450696 1453113 Status Contract Signed Contract Signed Contract Signed Current/Last PriceS/Sqft $2,100,000 $1,228 $1,950,000 $1,100 $1,653,000 $1,050 Closing Price S/Sqft Date Closed Days On Market 217 20 0 $ Adj $ Adj $ Adj Rooms 5 5 5 Beds 3 3 3 3 Baths 2-3 2 2 2 Maids Rooms Library Dining Type Interior SqFt 1710 1773 1574 Fireplace Garage Shares Lobby Att Private Outdoor Floor 2 6 5 Total Adjustments: Adjusted Price: $2,100,000 $1,950,000 $1,653,000 20 Henry St - 6NS 20 Henry St - 5A/S 360 Furman St - 204 Address 183 COLUMBIA HTS. Neighborhood BROOKLYN HEIGHTS Brooklyn Heights Brooklyn Heights Brooklyn Heights Listing# 1453114 1454622 1462548 Status Contract Signed Contract Signed Sold and Closed Current/Last PriceS/Sqft $1,725,000 $1,111 $1,665,000 $1,090 $2,350,000 $1,001 Closing Price S/Sqft Date Closed 09/07/2012 Days On Market 0 13 172 $ Adj $ Adj $ Adj Rooms 5 5 5 Beds 3 3 3 3 Baths 2-3 2 2 3 Maids Rooms Library Dining Type Interior SqFt 1553 1527 2348 Fireplace Garage Y Shares http://litutlellimati.conVenta_reporVenta.asp?id-324398:0-11[10/23/2012 10:11:08 AN!' EFTA01074976 CMA Report Lobby Att F Private Outdoor Floor Total Adjustments: Adjusted Price: 6 $1,725,000 5 $1,665,000 0 $2,350,000 Address 183 COLUMBIA HTS. 360 Furman St - 1211 20 Henry St - PI-I4/S 20 Henry St - PH3/S Neighborhood BROOKLYN HEIGHTS Brooklyn Heights Brooklyn Heights Brooklyn Heights Listing# 1480389 1482624 1482625 Status Sold and Closed Contract Signed Contract Signed Current/Last PriceS/Sqft $1,995,000 $1,010 $2,485,000 $1,319 $2,550,000 $1,289 Closing Price S/Sqft Date Closed 07/14/2012 Days On Market 425 0 0 Adj Adj Adj Rooms 5 6 6 Beds 3 3 3 3 Baths 2-3 3 2 2 Maids Rooms Library Dining Type Interior SqFt 1976 1884 1979 Fireplace Garage Y Shares Lobby Att F Private Outdoor Floor 0 4 3 Total Adjustments: Adjusted Price: $1,995,000 $2,485,000 20 Henry St - PH1/S 20 Henry St - PI-I2/S Address 183 COLUMBIA HTS. Neighborhood BROOKLYN HEIGHTS Brooklyn Heights Brooklyn Heights Listing# 1492482 1492483 Status Contract Signed Contract Signed Current/Last PriceS/Sqft $2,475.000 $1,325 $2,495,000 $1,320 Closing Price S/Sqft Date Closed Days On Market 0 0 Adj Adj Rooms 5 5 Beds 3 3 Baths 2.3 2 2 Maids Rooms $2,550,000 http://litno.ellintati.contlenta_reporVenta.asp?id-324398:8-1 1[10/23/2012 10:11:08 AM] EFTA01074977 ('MA Report Library Dining Type Interior SqFt Fireplace Garage Shares Lobby Att Private Outdoor Floor Total Adjustments: Adjusted Price: 1868 7 92,475,000 1890 7 92,495,000 Summary of Comparables Listing # Address Apt # Price MaintCC Rms Bds Bth OwnT SqFt P L 0 Type Status Close date 183 COLUMBIA HTS. 0 1184590 360 Furman St 337 $1,795,000 1943 5 3 2.5 COND 1725Y F Y CBRK SLDO 7/14/2012 1184667 360 Furman St 619 $2,560,000 2151 6 4 3.5 COND 2295 Y F Y CBRK SLDO 6/5/2012 1324648 20 Henry St 3AS $1,575,000 1297 5 3 2 COND 1530 CBRK CSGN 1364568 360 Furman St 1211 $1,950,000 2151 5 3 3 COND 1976Y F Y CBRK SLDO 5/7/2012 1392863 75 Clinton St 9A $2,025,000 1067 6 3 2.5 COND 1531 `I CBRK CSGN 1406481 9 College PI 1E $2,275,000 2207 5 3 3 COND 2470Y F Y CBRK SLDO 2/23/2012 1408630 9 College PI 3H $2,295,000 1898 5 3 3 COND 1905 Y F Y CBRK SLDO 7/2/2012 1410775 360 Furman St 221 $1,800,000 1696 5 3 3 COND 1798Y F Y CBRK SLDO 9/20/2012 1415394 9 College PI 2H $2,227,500 1842 4 3 3 GOND 1905Y F CBRK SLDO 7/17/2012 1443918 20 Henry St PH2/N $2,100,000 1966 5 3 2 COND 1710 Y CBRK CSGN 1450696 20 Henry St 6B/S $1,950,000 1600 5 3 2 COND 1773 CBRK CSGN 1453113 20 Henry St 5B/S $1,653,000 1422 5 3 2 COND 1574 CBRK CSGN 1453114 20 Henry St 6A/S $1,725,000 1403 5 3 2 COND 1553 CBRK CSGN 1454622 20 Henry St 5A/S $1,665,000 1378 5 3 2 COND 1527 CBRK CSGN 1462548 360 Furman St 204 $2,350,000 2286 5 3 3 COND 2348 Y F Y CBRK SLDO 9/7/2012 1480389 360 Furman St 1211 $1,995,000 2151 5 3 3 GOND 1976Y F Y CBRK SLDO 7/14/2012 1482624 20 Henry St PH4/S $2,485,000 1876 6 3 2 COND 1884 Y CBRK CSGN 1482625 20 Henry St PH3/S $2,550,000 1971 6 3 2 COND 1979 Y CBRK CSGN 1492482 20 Henry St PH1/S $2,475,000 1983 5 3 2 COND 1868 Y CBRK CSGN 1492483 20 Henry St PH2/S $2,495,000 2009 5 3 2 COND 1890 Y CBRK CSGN Pricing Your Home Status Average Minimum Maximum Avg Sqft Avg 9Sqft Pending Sold Total Listings 11 $2,063,455 $1,575,000 $2,550,000 9 $2,138,611 $1,795,000 $2,560,000 1,711 $1,206 2,044 $1,046 20 Closed Properties closed at an average 96.6% of their Final List Price. This reflects a (3.4%) difference between Close Price and List Price. http:Illitutlellimati.contlenta_reporVenta.asp?id-324398:0- 11110123/2012 10:11:08 AM) EFTA01074978 CMA Report Amount Sqft S/Sqk Average Sales Price $2,138,611 2,044 $1,046 Min. List Price $1,575,000 1,530 $1,029 Max. List Price $2,560,000 2,295 $1,115 Suggested List Price $0 ' Min Price = Target Sale Price x 96.6%. Max Price = Target Sale Price / 96.6%. &Sett is based on your home's approximate 0 Sgfl. How the Suggested Price Looks in the Market A CMA Props • Subject Property o Average Sold • Median Sold CMA Scatter Graph Comparison Listings Active i 0 Signed • Ate A A A> 4 A Expired • o Sold i J .# .1 .0 .1 / a / 0 is J .,t ) / -1.0 255.1 511.2 767.3I,023.4,279.5,535.6,791.1,047.8,303.2,560.0 Price in Thousands http://linictelliman.com/cma_report/cma.asp?id-32439&w• I 1[10/23/2012 10:11:08 AM] EFTA01074979 On-the-rise Brooklyn condos start catching up to Manhattan price tags By KATHERINE DYKSTRA November 29th, 2012 Welcome to the new Brooklyn, which looks a lot like Manhattan. It has a high-profile NBA team, flashy entertainment venues (Barclays Center and the expanding BAM complex), mobbed food purveyors (Trader Joe's and Shake Shack) and condos priced at $1,000 per square foot. Yes, $1,000 per square foot is the new normal for new developments in Kings County neighborhoods including Brooklyn Heights, Carroll Gardens and Park Slope. "The Brooklyn market is undervalued," says Andrew Barrocas, CEO of the MNS brokerage, who notes that Brooklyn's condo prices haven't yet caught up to its rental prices. "If you took an area in Manhattan that's comparable [to Brooklyn in rental prices], you'll see the condo pricing is anywhere from 35 to 50 percent more [than Brooklyn]." According to data from MNS, rental prices overall in Brooklyn Heights ($55 per square foot per year) are close to those in Chelsea ($58 per square foot), where apartments sell for an average of more than $1,400 per square foot. "So there's still a tremendous amount of growth where the [Brooklyn] condo market is," Barrocas says. Have no fear, developers are closing that gap. "We saw a 20 to 25 percent premium for condos [over co-ops]," says Steve Kliegerman, president of Halstead Property Development Marketing, about how Park Union — one of a handful of buildings that is coming, or has just come, on the market with price EFTA01074980 tags breaking $1,000 a foot — was priced. "If you see buyers who are looking in Manhattan, they're looking at places that are $1 million higher." What's more, buyers are biting. "Through the names of people we had on our list, a teaser website we had up and from the signage on the property, we have 23 out of the 32 units sold, and we haven't spent a nickel on advertising," says Ken Horn, president of Alchemy Properties, of his Sackett Union development, which hit the market last month. And, Horn adds: "We actually raised prices already." 72 Poplar St., Brooklyn Heights What once was a home for New York's Finest will now be a home for Brooklyn's richest. With a two-story addition, the former NYPD station house is being renovated into 13 condos with open floor plans and custom kitchens. The two-, three- and four-bedrooms will range in square feet from 1,500 to more than 4,000, with pricing starting at "just upwards of $1,000 a foot." The adjacent garage will be renovated into a two-story townhouse, including a one-story addition, with a one-car garage, a private rear garden and a roof deck. Sales will start in fall of 2013, with occupancy slated for the spring of 2014. Contact: Greg Williamson and Rob Gross, Douglas Elliman, 718-780-8188 Park Union, Park Slope At 910 Union St., the conversion of a circa-1914 seven-story building into 15 condos, will keep many period details. The lobby's grand stairwell will be restored — including the hand- forged iron door, hand-designed mosaic tiles, crown moldings and light fixtures — as will the building's facade. The developer has even commissioned sculptor Michael Alfano to replicate 12 bronze medallions, a popular detail from buildings of the original time period, which will appear on the railings facing Union Street. The one-, two- and three-bedroom units, most with outdoor space, will range from 735 to 1,905 square feet and $799,000 to $2.295 million. They will feature toasted-oak flooring and floor-to-ceiling windows. Amenities in the doorman building will include a furnished roof terrace, a playroom, a gym and bike storage. Closings will start in the first quarter of 2013. Contact: Vanessa Connelly, Halstead Property Development Marketing, 718-878-1772 EFTA01074981 Sackett Union, Carroll Gardens On the market a little over a month, the condos at 291 Union St. will feature white-oak plank flooring, washer/dryers and master bathrooms with marble floors and soaking tubs. Amenities in the doorman building will include a roof deck, a children's playroom, a gym and individual storage units. Available two-, three-, and four-bedroom condos are priced from $1.515 million to $2.15 million. Eleven townhouses, which will come on the market in February, will be priced from $3.3 million. Residents in the three- and four-bedroom apartments as well as the townhouses will have underground parking spaces. Move-ins will start in mid-2013. Contact: Wendy Triffon, Alchemy Properties, 917-414-7253 20 Henry St., Brooklyn Heights The 39 units in 20 Henry St. come in two different buildings — one classic, one modern — connected by a landscaped courtyard. The first is an 1880s candy factory, formerly the Peaks Mason Mints building, and the second, across the courtyard, is a mostly glass, brand- new building. The older building will be restored to showcase its original brick fayade, exposed buttresses and arched industrial windows. The homes inside are lofts with 12-foot ceilings and exposed original structural beams and columns. The modern building will have residences with floor-to-ceiling windows, and some units will have private balconies. Interiors in both buildings will include kitchens with Bosch appliances, Caesarstone counters, Wenge cabinetry and Grohe faucets. Master bathrooms will offer freestanding soaking tubs, glass showers and Kohler fixtures. Amenities will include a doorman, a gym, refrigerated storage and a bike area. The studio through four-bedrooms are priced from $450,000 to $2.895 million. Closings will start in the next month. Contact: Michael Chapman, Stribling Marketing Associates, 646-613-2613 EFTA01074982 at New Mork Einto Luxury Brooklyn Condos, Some Cloaked in Tradition By CONSTANCE ROSENBLUM October le, 2012 BROOKLYN HEIGHTS, that enclave of impeccably restored brownstones lining narrow, leafy streets, has long been immune to the buzzy changes washing over communities beyond its borders. The local tone is set by entrenched institutions like the 102-year-old Brooklyn Heights Association and the even more august Brooklyn Heights Casino, whose tennis courts can be used as a ballroom and whose squash courts have spawned generations of talented young players. EFTA01074983 Suzanne DeChillo/The New York Times Condo conversions are going on at an old police station at 72 Poplar Street. Suzanne DeChillo/The New York Times At 20 Henry Street, an old candy factory has a modern annex. EFTA01074984 Suzanne DeChillo/The New York Times The 1885 Peaks Mason Mints factory will have 38 condos starting at $450,000. But thanks in part to a more buoyant economy, changes are nibbling at the neighborhood's edges, particularly in the area residents call the north Heights. Although most of Brooklyn Heights falls within a historic district, the city's first, half a dozen projects that will bring pockets of luxury accommodations are moving through the pipeline. Prospective residents are being drawn by good schools and easy access to downtown Manhattan. Also in the works are new and refurbished hotel rooms, notably in the century-old Bossert Hotel, one of Brooklyn's most storied buildings. Four of the projects are on or just off Henry Street, the commercial strip that has traditionally played second fiddle to Montague Street, the neighborhood's main drag. The first to open its doors will be 20 Henry Street, at Middagh Street, where Canyon-Johnson Urban Fund is developing 38 luxury condominiums ranging from studios ($450,000 apiece) to four-bedrooms ($2.7 million) in the Peaks Mason Mints candy factory. The project actually consists of two structures. One is the 1885 factory, which retains its original red-brick facade, exposed buttresses, oversized arched windows and chunky white "Peaks Mason Mints" lettering. The other, on the former courtyard, is a new building that will have floor-to-ceiling windows and garden penthouses. "It's more like a Oumbo project, except it's in Brooklyn Heights," said Steven Rutter, the managing director of Stribling Marketing and Associates, who is handling the sales. The apartments will be relentlessly modern, with accents like teak vanities and free-standing soaking tubs. But the main lobby will resonate with echoes of the past. "You'll be able to see some of the Southern white pine that was used when they built the place," Mr. Rutter said. "And it's backlighted, so you can see the original sap." He keeps a chunk of the wood on his desk, "because it makes a good paperweight." EFTA01074985 Among the residents who will start arriving later this year are Navin Chawla, who lives in Dumbo with his wife, Allison, and their 8-month-old daughter. "I used to stroll by the site and then started doing research online," said Mr. Chawla, who is preparing to enter medical school. "I liked that it was near the subway and near M. 8. And I liked that the building was modern but still had an old Brooklyn Heights feel." Echoes of the 19th century will also be felt next door at 30 Henry Street, where construction has begun on a ruddy brick building, accented with black wrought-iron Juliet balconies, that will contain five floor-through condominiums. A feature being touted in this parking-challenged neighborhood is a robotlike facility in the basement known as an A.G.V. (automated guided vehicles) garage, which stores and retrieves cars without human intervention. According to Harry Kendall, a partner of BKSK Architects, the building's designers, "cars will be automatically whisked away, like a piece of dry cleaning." At 72 Poplar Street, a long-unused 100-year-old police station is being converted to a condominium containing 14 family-size apartments, with occupancy scheduled for 2014. David T. Ennis, the principal of the Daten Group, the developer, sees the target audience as "urban hipsters starting families" who seek a middle ground between the tradition-bound Heights and cutting-edge Dumbo to the north. Here, too, the goal is to marry new and old in graceful fashion. "The block has the feeling of turn-of-the-last- century Brooklyn," Mr. Ennis said, noting especially the faux-gaslight street lamps. "We wanted to respect that." A few blocks away at 70 Henry Street, long the home of the Brooklyn Heights Cinema, plans are proceeding for a five-story building that will contain 15 to 17 rental apartments, mostly one-bedrooms, and will incorporate the movie theater in its ground and basement floors. Construction could begin in the spring, according to the designer, Randolph Gerner of Gerner Kronick and Valcarcel Architects. As for the facade, "of course it will be brick," Mr. Gemer said, in this case reddish-brown brick, along with large steel casement windows intended to impart a loftlike feel. "We want a building that's appropriate and respectful," he added. "We really want to do the right thing in this neighborhood, and that wouldn't be a 50- story glass tower." At Montague and Hicks Streets, work could begin by year's end on the planned conversion of the Bossert Hotel, which for decades stood at the heart of the borough's social life. A 14-story Renaissance Revival building, it is becoming available because the Jehovah's Witnesses, who have owned and operated it since 1983, are selling many of their Brooklyn holdings. The buyer is David Bistricer of Clipper Equity and the Chetrit Group, which plans to transform the Bossert into a boutique hotel with about 300 rooms. The lobby, with its coffered ceiling and oversized columns topped by elaborate capitals, will be restored to the way it looked when the hotel opened, according to Gene Kaufman, the architect. "We inherited a fantastic structure," Mr. Kaufman said. "It's a reminder of a time when people made ornate buildings. We want to recall that grandeur." A very different sort of grandeur will be on display at 60 Furman Street in Brooklyn Bridge Park. Just south of the bridge, Toll Brothers City Living and the Starwood Capital Group plan two mostly glass structures that will house 125 one- to five-bedroom condominium apartments (price tag: $800,000 to $5 million) and 200 hotel rooms. Amenities will include a screening room and, of course, spectacular views. Construction is expected to begin in the spring. These new projects are arriving with predictable concerns from the community. Will the transformation of the Bossert bring parking problems? Will there be too much construction in the park? And perhaps most important, will these projects alter the neighborhood's character? EFTA01074986 The answer to the last question, at least in some minds, is "not necessarily." "It's true that Brooklyn Heights is very much of a community in which people belong to the same institutions, like the casino and the Brooklyn Heights Association," said Robert Perris, the district manager of Community Board 2. "On the other hand, these new projects don't necessarily destroy that. In a way, they simply expand the size of the pie." EFTA01074987 THE NEW YORK CITY LANDMARKS PRESERVATION COMMISSION I CENTRE STREEET 9TH FLOOR NORTH NEW YORK, NY 10007 TEL: 212 669-7700 FAX: 212 669-7780 ISSUE DATE: 06/28/12 PERMIT CERTIFICATE OF NO EFFECT EXPIRATION DATE: 06/28/2016 ADDRESS 183 COLUMBIA HEIGHTS-2-7 FLS HISTORIC DISTRICT BROOKLYN HEIGHTS --- DOCKET t••: 133508 XCNE #: XCNE 13-3507 BOROUGH: BROOKLYN BLOCK/LOT: 234 / 17 Display This Permit While Work Is In Progress ISSUED TO: David Mitchell 183 Columbia Holding LLC 815 Fifth Avenue , Suite 5A New York, NY 10065 Pursuant to Section 25-306 of the Administrative Code of the City of New York, the Landmarks Preservation Commission has received your sworn statement and that of your architect or engineer that the proposed work complies with the provisions set forth under sections 2-31 through 2-35 of Title 63 of the Rules of the City of New York. The approved work consists of interior alterations at the second through seventh floors. The Commission has reviewed the application and these drawings and finds that the work will have no effect on significant protected features of the building. This permit is issued on the basis of the building and site conditions described in the application and disclosed during the review process. By accepting this permit, the applicant agrees to notify the Commission if the actual building or site conditions vary or if original or historic building fabric is discovered. The Commission reserves the right to amend or revoke this permit, upon written notice to the applicant, in the event that the actual building or site conditions are materially different from those described in the application or disclosed during the review process. All approved drawings are marked approved by the Commission with a perforated seal indicating the date of approval. The work is limited to what is contained in the perforated documents. Other work or amendments to EFTA01074988