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Plan/Amendment

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Plan ID: C130003 Occupied: SPLIT/RESIDENTIAL
Name: ISLAND HOUSE CONDOMINIUM (THE) Eviction:
Address: 551-555-575 MAIN STREET Initial Price: $277,859,287.00
NEW YORK, NY 10044 Current Price: $392,842,527.00
Boro/County: MANHATTAN Submitted Date: 06/06/2013
Location Code: MANHATTAN Withdrawn Date:
Type: COOPERATIVE/CONDOMINIUM Rejected Date:
Construction: CONVERSION Reviewed Date: 12/04/2014
Units: Accepted Date: 12/04/2014
Review Attorney: KEAN L Abandoned Date:
Action: ACCEPTED Effective Date: 04/20/2015
CPS-10 Certification Filed:
Amendment No:18Submitted Date:01/13/2026Next Amendment
Review Attorney:BROWNE LReviewed Date:01/26/2026 
Review Engineer: Action:ACCEPTED 
Contents*Click here to view the amendment codes key.:SPONSOR FINANCIAL DISCLOSURE ITEMS; NON-SPONSOR-CONTROLLED BOARD; 73- FINANCIAL STATEMENT YEAR 2024; 72; RESERVE FUND; WORKING CAPITAL FUND; UPDATED MARKET TEP WORKSHEET; (12) Previous Amendment

Building Info

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Plan ID: C130003
Number of Units
Commercial 3
Parking 0
Professional 0
Resort 0
Residential 401
•Regulated 0
•Non-Regulated 0
Storage 0
Other 0
Total 404
Project Name: ISLAND HOUSE CONDOMINIUM (THE)
 
Building Type: Condo/Coop 
Residential Conversion: Non-Eviction 
Residential Vacant:  
Commercial:  
 
 
 

Statistical Record

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Plan ID: C130003
Project Name: ISLAND HOUSE CONDOMINIUM (THE)
Address: 551-555-575 MAIN STREET
NEW YORK, NY 10044
Country: US
County: MANHATTAN
Location: MANHATTAN
Sponsor Name: IH PRESERVATION PARTNERS, LLC
Address: 545 MAIN STREET
NEW YORK, NY 10044
Law Firm: DAVID B. HIRSCHHORN, ESQ.
By: DAVID B HIRSCHHORN, ESQ.
Phone: (212) 755-3012
Address: 545 MAIN ST
NEW YORK, NY 10044
Type of Offering: CONVERSION OF OCCUPIED BUILDING TO COOP
Plan Type: COOPERATIVE/CONDOMINIUM
Construction Type: CONVERSION

Principals of Sponsor

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Plan ID: C130003
Project Name: ISLAND HOUSE CONDOMINIUM (THE)
Sponsor Name: IH PRESERVATION PARTNERS, LLC
 
No principals found for this sponsor.

Statistical Record

 Plan ID:   
 
NAME OF PROJECT: ISLAND HOUSE CONDOMINIUM (THE) File NO: C130003
ADDRESS: 551-555-575 MAIN STREET DEPOSIT: $15,000.00
CITY: NEW YORK REC./DATE: 06/06/2013 (#121775)
COUNTY: MANHATTAN BALANCES: $15,000.00
STATE: NY REC./DATE: 12/05/2014 (#128901)
ZIP: 10044 INIT. PP:
SPONSOR: IH PRESERVATION PARTNERS, LLC PP on Accep: $358,175,761.00
SPONSOR'S ATTORNEY (Firm): DAVID B. HIRSCHHORN, ESQ. Atty.: HIRSCHHORN D
BY: DAVID B HIRSCHHORN, ESQ. PLAN REC'D:
ADDRESS: 545 MAIN ST ASSIGNED TO: KEAN L
NEW YORK, NY 10044 REJECTED:
PLAN TYPE: PT18 (Occ. Coop) WITHDRAWN:
ABANDONED:
ACCEPTED: 12/04/2014
DATE EFFECTIVE: 04/20/2015
UNITS SOLD: 227

BUILDING INFORMATION
Building Type: Condo/Coop No. Units Total:

PRINCIPALS OF SPONSOR

No principals found for this sponsor

AMENDMENTS
No: 18 Submitted Date: 01/13/2026 Review Attorney: BROWNE L
Review Date: 01/26/2026 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR FINANCIAL DISCLOSURE ITEMS; NON-SPONSOR-CONTROLLED BOARD; 73- FINANCIAL STATEMENT YEAR 2024; 72; RESERVE FUND; WORKING CAPITAL FUND; UPDATED MARKET TEP WORKSHEET; (12) Receipt Number: 4023817

No: 17 Submitted Date: 12/31/2024 Review Attorney: DORLEN D
Review Date: 02/05/2025 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR FINANCIAL DISCLOSURE ITEMS; NON-SPONSOR-CONTROLLED BOARD; 73- FINANCIAL STATEMENT YEAR 2023; 72; (12) Receipt Number: 9026535

No: 16 Submitted Date: 12/06/2023 Review Attorney: BROWNE L
Review Date: 01/30/2024 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR FINANCIAL DISCLOSURE ITEMS; 73- FINANCIAL STATEMENT YEAR 2022; 72; OTHER: 2.5% MAINTENANCE INCREASE; MANAGING AGENT; CAPITAL IMPROVEMENTS; RESERVE FUND $1,124,843; WORKING CAPITAL FUND $924,434; (12) Receipt Number: 9020773

No: 15 Submitted Date: 11/02/2022 Review Attorney: MOFSENSON A
Review Date: 11/16/2022 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR FINANCIAL DISCLOSURE ITEMS; NON-SPONSOR-CONTROLLED BOARD; 72; AMENDMENT TO BY-LAWS; RESERVE FUND BALANCE AND WORKING CAPITAL FUND BALANCE UPDATES; (12) Receipt Number: 9015069

No: 14 Submitted Date: 08/16/2021 Review Attorney: LEWIS L
Review Date: 09/03/2021 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR FINANCIAL DISCLOSURE ITEMS; NON-SPONSOR-CONTROLLED BOARD; 73- FINANCIAL STATEMENT YEAR 2019-2020; 72; MARKET APARTMENT TAX EQUIVALENT PAYMENT AGREEMENT; (12) Receipt Number: 9008095

No: 13 Submitted Date: 08/26/2020 Review Attorney: DORLEN D
Review Date: 08/31/2020 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR FINANCIAL DISCLOSURE ITEMS; NON-SPONSOR-CONTROLLED BOARD; 73- FINANCIAL STATEMENT YEAR 2019; 72; REAL ESTATE TAXES FOR MARKET UNITS (12) Receipt Number: 9001775

No: 12 Submitted Date: 06/26/2019 Review Attorney: STEPHENS C
Review Date: 09/06/2019 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 73- FINANCIAL STATEMENT YEAR 2018; 72; NON-SPONSOR-CONTROLLED BOARD; FINCEN DISCLOSURES; REAL ESTATE TAXES FOR MARKET UNITS; (12) Receipt Number: 152260

No: 11 Submitted Date: 08/03/2018 Review Attorney: STEPHENS C
Review Date: 09/21/2018 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : NON-SPONSOR CONTROLLED BOARD; 2017 TAX LAW INFORMATION; 73 FINANCIAL STATEMENT YEAR 2017; 72; CAPITAL IMPROVEMENTS; REAL ESTATE TAXES FOR MARKET UNITS; SMOKING POLICY (12) Receipt Number: 147887

No: 10 Submitted Date: 07/12/2017 Review Attorney: STEPHENS C
Review Date: 08/21/2017 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 90; 72; 73- FINANCIAL STATEMENT YEAR 2016; NON-SPONSOR CONTROLLED BOARD; 99- WINDOW REPLACEMENT AND FACADE PROJECT COMPLETED; SUBMETERING AND CIRCUIT BREAKER PANELS; REAL ESTATE TAXES FOR MARKET UNITS (12) Receipt Number: 142299

No: 9 Submitted Date: 11/30/2016 Review Attorney: KEAN L
Review Date: 11/30/2016 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11; CHANGE IN PRICE $41,482,540; NEW TOTAL OFFERING PRICE $392,842,527; REVIEWED AS OF 12/30/16 (0) Receipt Number: 139161

No: 8 Submitted Date: 07/07/2016 Review Attorney: KEAN L
Review Date: 08/03/2016 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR FINANCIAL DISCLSOURE ITEMS; 73- FINANCIAL STATEMENT YEAR 2015; NON-SPONSOR CONTROLLED BOARD; 99- RESERVE FUND, WORKING CAPITAL FUND UPDATES; WINDOW/FACADE UPDATE; SUBMETERING UPDATE; RE MARKET RATE UNITS (12) Receipt Number: 137090

No: 7 Submitted Date: 01/14/2016 Review Attorney: KEAN L
Review Date: 02/23/2016 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 90; NON SPONSOR CONTROLLED BOARD; 99- UPDATES ON WINDOWS & SUBMETERING, PROPRIETARY LEASE (6) Receipt Number: 134560

No: 6 Submitted Date: 09/08/2015 Review Attorney: KEAN L
Review Date: 09/08/2015 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11; CHANGE IN PRICE $14,765,000, NEW TOTAL OFFERING PRICE $67,905,341; FORM CD11 ATTACHED; REVIEWED AS OF 9/23/15 (0) Receipt Number: 132780

No: 5 Submitted Date: 06/26/2015 Review Attorney: KEAN L
Review Date: 06/26/2015 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11 (DN) CHANGE IN PRICE $5,561,352.55; NEW TOTAL OFFERING PRICE $40,479,152.35; (11) INCREASE FEE; FORM CD-11 ATT'ED; REVIEWED 7/6/15 AS OF 6/26/15; (0) Receipt Number: 131787

No: 4 Submitted Date: 06/03/2014 Review Attorney: KEAN L
Review Date: 06/03/2015 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11 (DN); CHANGE IN PRICE $3,973,350; NEW TOTAL OFFERING PRICE $34,917,799.80; FORM CD-11 ATTACHED; REVIEWED 6/10/2015; AS OF 6/3/2015 Receipt Number: 131391

No: 3 Submitted Date: 04/28/2015 Review Attorney: KEAN L
Review Date: 05/29/2015 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 20- EFFECTIVE BY 227 UNITS = 56.9% IN CONTRACT, EFFECTIVE BY NOTICE 4/20/15 (6) Receipt Number: 130857

No: 2 Submitted Date: 03/26/2015 Review Attorney: KEAN L
Review Date: 03/26/2015 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 99- EXTENSION OF EXCLUSIVE PERIOD (0) Receipt Number: 130400

No: 1 Submitted Date: 02/23/2015 Review Attorney: KEAN L
Review Date: 03/20/2015 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 99-BUYOUTS, RIDER TO PURCHASE AGREEMENT (0) Receipt Number: 129833


Documents

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Please note that certain documents associated with this plan ID may not be posted below despite others being posted below. Only documents that have been prepared for posting will be posted below; additional documents may be added on an ongoing basis as they are prepared. Please also note that if more than 10 documents are posted, they will appear on multiple pages.

Total documents found: 6
C130003_Island House Condominium_Offering Plan.pdf 92.076 MB
C130003_Island House Condominium (The)_Amendment 18.pdf 4.618 MB
C130003_Island House Condominium (The)_Amendment 17.pdf 4.593 MB
C130003_Island House Condominium (The)_Amendment 16.pdf 4.646 MB
C130003_Island House Condominium (The)_Amendment 15.pdf 4.852 MB
C130003_Island House Condominium (The)_Amendment 14.pdf 4.297 MB