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Plan/Amendment

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Plan ID: C180003 Occupied: RESIDENTIAL
Name: INDEPENDENT LIC OWNERS CORP. (THE) Eviction:
Address: 42-14 CRESCENT STREET Initial Price: $35,865,000.00
LONG ISLAND CITY, NY 11101 Current Price: $3,642,000.00
Boro/County: QUEENS Submitted Date: 06/14/2018
Location Code: QUEENS Withdrawn Date:
Type: COOPERATIVE Rejected Date:
Construction: NEW Reviewed Date: 06/07/2019
Units: Accepted Date: 06/07/2019
Review Attorney: LEE J Abandoned Date:
Action: ACCEPTED Effective Date: 02/04/2020
CPS-10 Certification Filed:
Amendment No:17Submitted Date:05/25/2023Next Amendment
Review Attorney:LEPERIDES CReviewed Date:06/28/2023 
Review Engineer: Action:ACCEPTED 
Contents*Click here to view the amendment codes key.:12; CHANGE IN PRICE -$50,000; NEW TOTAL OFFERING PRICE $3,642,000; OTHER: NEW ESCROW BANK; (12) Previous Amendment

Building Info

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Plan ID: C180003
Number of Units
Commercial 0
Parking 0
Professional 0
Resort 0
Residential 48
•Regulated 0
•Non-Regulated 0
Storage 0
Other 0
Total 48
Project Name: INDEPENDENT LIC OWNERS CORP. (THE)
 
Building Type: Coop 
Residential Conversion:  
Residential Vacant:  
Commercial:  
 
 
 

Statistical Record

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Plan ID: C180003
Project Name: INDEPENDENT LIC OWNERS CORP. (THE)
Address: 42-14 CRESCENT STREET
LONG ISLAND CITY, NY 11101
Country: US
County: QUEENS
Location: QUEENS
Sponsor Name: 42-14 CRESCENT STREET LH LLC
Address: 130 EAST 59TH STREET, SUITE 1300
NEW YORK, NY 10022
Law Firm: STARR ASSOCIATES, LLP
By: ALLAN  STARR, ESQ.
Phone: (212) 620-2680
Address: 220 EAST 42ND STREET, SUITE 3302
NEW YORK, NY 10017
Type of Offering: PART 18
Plan Type: COOPERATIVE
Construction Type: NEW

Principals of Sponsor

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Plan ID: C180003
Project Name: INDEPENDENT LIC OWNERS CORP. (THE)
Sponsor Name: 42-14 CRESCENT STREET LH LLC
 
Select A Principal Below To View Other Plans Associated With Them.
Last NameFirst NameMITitle/Function
KAPLAN JEFFREY PRESIDENT
YANTZ TIMOTHY VICE PRESIDENT
MCDANIEL JAMES ANDREW VICE PRESIDENT

Statistical Record

 Plan ID:   
 
NAME OF PROJECT: INDEPENDENT LIC OWNERS CORP. (THE) File NO: C180003
ADDRESS: 42-14 CRESCENT STREET DEPOSIT: $15,000.00
CITY: LONG ISLAND CITY REC./DATE: 06/19/2018 (#147008)
COUNTY: QUEENS BALANCES: $15,000.00
STATE: NY REC./DATE: 06/19/2019 (#152109)
ZIP: 11101 INIT. PP:
SPONSOR: 42-14 CRESCENT STREET LH LLC PP on Accep: $35,865,000.00
SPONSOR'S ATTORNEY (Firm): STARR ASSOCIATES, LLP Atty.: SCHLAM LEVI, ESQ. S
BY: ALLAN STARR, ESQ. PLAN REC'D:
ADDRESS: 220 EAST 42ND STREET, SUITE 3302 ASSIGNED TO: LEE J
NEW YORK, NY 10017 REJECTED:
PLAN TYPE: Other (PART 18) WITHDRAWN:
ABANDONED:
ACCEPTED: 06/07/2019
DATE EFFECTIVE: 02/04/2020
UNITS SOLD: 13

BUILDING INFORMATION
Building Type: Coop No. Units Total:

PRINCIPALS OF SPONSOR
Last Name First Name MI Title/Function
KAPLANJEFFREYPRESIDENT
YANTZTIMOTHYVICE PRESIDENT
MCDANIELJAMES ANDREWVICE PRESIDENT

AMENDMENTS
No: 17 Submitted Date: 05/25/2023 Review Attorney: LEPERIDES C
Review Date: 06/28/2023 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 12; CHANGE IN PRICE -$50,000; NEW TOTAL OFFERING PRICE $3,642,000; OTHER: NEW ESCROW BANK; (12) Receipt Number: 9018521

No: 16 Submitted Date: 03/02/2023 Review Attorney: DORLEN D
Review Date: 03/22/2023 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : NON-SPONSOR-CONTROLLED BOARD; SCHEDULE A - NEW; 73- FINANCIAL STATEMENT YEAR 2021; FINCEN DISCLOSURES; (12) Receipt Number: 9016914

No: 15 Submitted Date: 04/07/2022 Review Attorney: WORREL W
Review Date: 04/14/2022 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR FINANCIAL DISCLOSURE ITEMS; NON-SPONSOR-CONTROLLED BOARD; 73- FINANCIAL STATEMENT YEAR 2020; 72; (12) Receipt Number: 9011770

No: 14 Submitted Date: 08/12/2021 Review Attorney: WALLACE L
Review Date: 08/27/2021 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : OTHER: EXTENSION OF ADJUSTED SPONSOR MAINTENANCE PAYMENT PERIOD; (0) Receipt Number: 9008152

No: 13 Submitted Date: 05/06/2021 Review Attorney: STEPHENS C
Review Date: 06/07/2021 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : OTHER: ADJUSTED SPONSOR MAINTENANCE PERIOD; (6) Receipt Number: 9006539

No: 12 Submitted Date: 12/16/2020 Review Attorney: STEPHENS C
Review Date: 01/27/2021 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 12; CHANGE IN PRICE -$360,000; NEW TOTAL OFFERING PRICE $33,265,000; SCHEDULE A - NEW; FINCEN DISCLOSURES; (6) Receipt Number: 9004359

No: 11 Submitted Date: 10/14/2020 Review Attorney: STEPHENS C
Review Date: 11/13/2020 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR-CONTROLLED BOARD; FINCEN DISCLOSURES; (12) Receipt Number: 9003205

No: 10 Submitted Date: 06/10/2020 Review Attorney: WORREL W
Review Date: 07/07/2020 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 90; SPONSOR FINANCIAL DISCLOSURE ITEMS; SPONSOR INCENTIVE PAYMENT (6) Receipt Number:

No: 9 Submitted Date: 02/24/2020 Review Attorney: KAUFMAN J
Review Date: 03/10/2020 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 71; CHANGE IN INSURANCE COVERAGE; (6) Receipt Number: 155511

No: 8 Submitted Date: 02/14/2020 Review Attorney: KAUFMAN J
Review Date: 02/14/2020 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 12;CHANGE IN PRICE -$190,000; NEW TOTAL OFFERING PRICE $34,395,000; REVIEWED 2/21/20; (0) Receipt Number: 155373

No: 7 Submitted Date: 01/08/2020 Review Attorney: KAUFMAN J
Review Date: 02/04/2020 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 20- EFFECTIVE BY 13 APTS = 27% IN CONTRACT; EFFECTIVE BY AMENDMENT; FINCEN DISCLOSURES; (6) Receipt Number: 154843

No: 6 Submitted Date: 12/02/2019 Review Attorney: LEE J
Review Date: 12/20/2019 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : DECLARATION / BYLAWS REVISED; RIGHTS OF SHARE LENDERS; (0) Receipt Number: 154438

No: 5 Submitted Date: 11/15/2019 Review Attorney: LEE J
Review Date: 11/15/2019 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 12; CHANGE IN PRICE $375,000; NEW TOTAL OFFERING PRICE $34,585,000; REVIEWED 12/11/2019; (0) Receipt Number: 154332

No: 4 Submitted Date: 09/27/2019 Review Attorney: LEE J
Review Date: 09/27/2019 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 12; CHANGE IN PRICE $915,000; NEW TOTAL OFFERING PRICE $34,960,000; REVIEWED 10/15/2019; (0) Receipt Number: 153625

No: 3 Submitted Date: 08/15/2019 Review Attorney: LEE J
Review Date: 09/18/2019 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : REVISED PURCHASE AGREEMENT; NEW TRANSFER, MASION, AND SUPPLEMENTAL TAX DISCLOSURE; (0) Receipt Number: 153018

No: 2 Submitted Date: 07/10/2019 Review Attorney: LEE J
Review Date: 07/25/2019 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR CLOSING COSTS PAYMENTS FOR FIRST EIGHT (8) PURCHASERS; (0) Receipt Number: 152467

No: 1 Submitted Date: 07/01/2019 Review Attorney: LEE J
Review Date: 07/01/2019 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11; CHANGE IN PRICE $10,000; NEW TOTAL OFFERING PRICE $35,875,000; REVIEWED 7/6/2019; (0) Receipt Number: 152351


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: 18
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C180003_Independent LIC Owners Corp. (The)_Offering Plan.pdf 73.134 MB
C180003_Independent LIC Owners Corp. (The)_Amendment 17.pdf 0.066 MB
C180003_Independent LIC Owners Corp. (The)_Amendment 16.pdf 0.331 MB
C180003_Independent LIC Owners Corp. (The)_Amendment 15.pdf 0.334 MB
C180003_Independent LIC Owners Corp. (The)_Amendment 14.pdf 0.033 MB
C180003_Independent LIC Owners Corp. (The)_Amendment 13.pdf 0.139 MB
C180003_Independent LIC Owners Corp. (The)_Amendment 12.pdf 0.153 MB
C180003_Independent LIC Owners Corp. (The)_Amendment 11.pdf 0.164 MB
C180003_Independent LIC Owners Corp. (The)_Amendment 10.pdf 0.19 MB
C180003_Independent LIC Owners Corp. (The)_Amendment 9.pdf 0.689 MB