122-130 East 23rd Street LLC Proforma Unaudited Balance Sheet Assets Land 144,164,491 Construction in progress 29,692,543 Total assets $ 173,857,034 Liabilities Accounts payable and accrued expenses $ 640,172 Total liabilities 640,172 Equity Total members' equity (1) 173,216,862 Total liabilities and partners' equity $ 173,857,034 (1) October 31, 2016 Proforma total members' equity represents the estimated equity contributed by the members necessary, assuming no debt at formation. Income 0 Total Income $ - Expenses 0 Total Expenses $ - Profit/Loss $ - 122-130 East 23rd Street LLC P&L Statement Unaudited Profit & Loss Statement Oct 31st 2016