NYC Offering Plans

Quick WIP notes

Billionaires Row by Katherine Clarke, which briefly mentions offering plans for NYC Condos and CO-op. I think was also mentioned in the Risk Game: Self Portrait of an Entrepreneur by Francis J Greenburger.

I then found Chris Wong’s blog post—Adventures in FOIL: New York Condominium Offering Plans from 2015, and the NY AG’s Offering Plan Database.

In Wong’s blog post in 2015, he mentioned that brokers often didn’t make offering plans available until after submitted an offer. While FOILable, they would provide a written copy for you to read in a office, not send a ditgal copy.

At some, point the NY AG’s Offering Plan Database was created.

In addition, we have now posted offering plans and amendments to the database for some plan IDs. If the offering plan or amendments associated with a particular plan ID have been posted to the database, they will appear on a “documents” tab (to the right of the “stat card” tab), where they can be downloaded. If no documents are available, the “documents” tab will not appear. Additional documents will be posted on an ongoing basis as they are prepared for posting. If the documents you are seeking have not yet been posted to the database, you may request copies of offering plans or amendments pursuant to the New York Freedom of Information Law (FOIL). Offering Plan Database

NY AG says db has 35,995 rows.

titlevest has a private service

Over 6000 offering plans and growing, TitleVest’s Coop/Condo Offering Plan Library is by far the fastest and most convenient way to obtain and review condo and coop offering plans.

Web-based access to over 6000 offering plans. Digital offering plans are free. Printed copies are available for $200. TitleVest will contribute $50 toward the purchase of any offering plan we don’t have in our library, provided TitleVest is allowed to make and retain ownership of a digital copy of the plan for our library. TitleVest will contribute $50 based on coordinating the purchasing of the offering plan. REBNY members will receive a contribution of $100.00 towards the purchasing of the offering plan.

Let’s focus on 432 Park Avenue built by Harry B. Macklowe on Billionaires’ Row:

In the AG DB there are 3 options for 432 PARK AVENUE

ID Name Address Type CD110239 432 PARK CONDOMINIUM 432 PARK AVENUE, NEW YORK, NY, 10022 CONDOMINIUM CP110001 432 PARK AVENUE CONDOMINIUM 432 PARK AVENUE, NEW YORK, NY, 10022 CONDOMINIUM NA150123 432 PARK CONDOMINIUM 432 PARK AVENUE, NEW YORK, NY, 10022 CONDOMINIUM

CD110239

26 Amendments
last Amendment Submitted Date: 01/18/2023
Current Price: $3,117,595,638.00
Submitted Date: 12/14/2011

Sponsor Name: 56TH AND PARK (NY) OWNER, LLC Address: 767 FIFTH AVENUE, 21ST FL. NEW YORK, NY 10153 Law Firm: KRAMER LEVIN NAFTALIS & FRANKEL LLP By:
Phone: (212) 715-9392 Address: 1177 AVENUE OF THE AMERICAS NEW YORK, NY 10036 Type of Offering: NEW CONSTRUCTION OR VACANT CONDO Plan Type: CONDOMINIUM Construction Type: NEW

CD110239

6 Amendments
Submitted Date: 03/12/2012
Current Price: None
Submitted Date: 01/05/2011

NAME OF PROJECT: 432 PARK AVENUE CONDOMINIUM File NO: CP110001 ADDRESS: 432 PARK AVENUE DEPOSIT: $225.00 CITY: NEW YORK REC./DATE: 01/07/2011 (#110896) COUNTY: MANHATTAN BALANCES: STATE: NY REC./DATE: ZIP: 10022 INIT. PP: SPONSOR: 56TH AND PARK (NY) OWNER, LLC F/K/A 440 PARK AVENUE (NY) OWNER, LLC PP on Accep: SPONSOR’S ATTORNEY (Firm): KRAMER LEVIN NAFTALIS & FRANKEL LLP Atty.: WINEFSKY J BY: JOSH S WINEFSKY PLAN REC’D: ADDRESS: 1177 AVENUE OF THE AMERICAS ASSIGNED TO: STEPHENS C NEW YORK, NY 10036 REJECTED: PLAN TYPE: Other (CPS-1) WITHDRAWN: ABANDONED: ACCEPTED: 02/05/2011 DATE EFFECTIVE: UNITS SOLD:

No public documents

NA150123

Submitted Date: 07/08/2015
no amendments
no documents

Clearly, CD110239 is the correct one. AG DB has

the offering plan
Amendments 1 to 25

Titlevest

I asked titlevest for

A human responed?, says they have amendments 1-24
You can submit a FOIL request with the Attorney General to obtain the remaining amendments. Unfortunately, we no longer fulfill these requests directly, but I can point you in the right direction. Please see below for the link to the FOIL request page.
The offering plan is not the same one as the AG DB one, this one was clearly scanned. Has a large titlevest watermark
No chapters,
In there locked down PDF viewer

FOIL NY AG

About Offering Plan & Amendments: An offering plan is not complete without all of its amendments. If you want to see the current version of the offering plan, you should request the offering plan and all accepted amendments. Offering plans can be identified by plan IDs beginning with C, CC, CD, CR, H, L, NY, and T. Offering plans have NOT been filed for plan IDs beginning with CP, HO, and NA. See the Cooperative Policy Statement & No-Action Letter Applications request form for more information about records associated with a CP, HO, or NA plan ID.

Requested all plan and Amendments

2023-11-29

NY AG FOIL unit came back and said that > The documents responsive to your request are posted to the Office of the Attorney General’s (“OAG”) Real Estate Finance Bureau Database
Replied asking for amendment 26