Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Governance Information (Authority-Related) Question Response URL (if applicable) 1. Has the Authority prepared its annual report on operations and Yes http://www.nycedc.com/build-nyc/financial-public-documents accomplishments for the reporting period as required by section 2800 of PAL? 2. As required by section 2800(9) of PAL, did the Authority prepare an Yes http://www.nycedc.com/build-nyc/financial-public-documents assessment of the effectiveness of its internal controls? 3. Has the lead audit partner for the independent audit firm changed in the Yes N/A last five years in accordance with section 2802(4) of PAL? 4. Does the independent auditor provide non-audit services to the No N/A Authority? 5. Does the Authority have an organization chart? Yes http://www.nycedc.com/build-nyc/financial-public-documents

6. Are any Authority staff also employed by another government agency? No

7. Has the Authority posted their mission statement to their website? Yes http://www.nycedc.com/build-nyc/financial-public-documents

8. Has the Authority's mission statement been revised and adopted during Yes N/A the reporting period? 9. Attach the Authority's measurement report, as required by section 2824-a http://www.nycedc.com/build-nyc/financial-public-documents of PAL and provide the URL.

Page 1 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Governance Information (Board-Related) Question Response URL 1. Has the Board established a Governance Committee in accordance with Section 2824(7) Yes N/A of PAL? 2. Has the Board established an Audit Committee in accordance with Section 2824(4) of Yes N/A PAL? 3. Has the Board established Finance Committee in accordance with Section 2824(8) of Yes N/A PAL? 4. Provide a URL link where a list of Board committees can be found (including the http://www.nycedc.com/build-nyc/financial-public-documents name of the committee and the date established): 5. Does the majority of the Board meet the independence requirements of Section Yes N/A 2825(2) of PAL? 6. Provide a URL link to the minutes of the Board and committee meetings held during http://www.nycedc.com/build-nyc/financial-public-documents the covered fiscal year 7. Has the Board adopted bylaws and made them available to Board members and staff? Yes http://www.nycedc.com/build-nyc/financial-public-documents

8. Has the Board adopted a code of ethics for Board members and staff? Yes http://www.nycedc.com/build-nyc/financial-public-documents

9. Does the Board review and monitor the Authority's implementation of financial and Yes N/A management controls? 10.Does the Board execute direct oversight of the CEO and management in accordance Yes N/A with Section 2824(1) of PAL? 11.Has the Board adopted policies for the following in accordance with Section 2824(1) of PAL? Salary and Compensation Yes N/A

Time and Attendance Yes N/A

Whistleblower Protection Yes N/A

Defense and Indemnification of Board Members Yes N/A

12.Has the Board adopted a policy prohibiting the extension of credit to Board members Yes N/A and staff in accordance with Section 2824(5) of PAL? 13.Are the Authority's Board members, officers, and staff required to submit financial Yes N/A disclosure forms in accordance with Section 2825(3) of PAL? 14.Was a performance evaluation of the board completed? Yes N/A

15.Was compensation paid by the Authority made in accordance with employee or union No N/A contracts? 16.Has the board adopted a conditional/additional compensation policy governing all No employees?

Page 2 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Board of Directors Listing

Name Weisbrod, Carl Name Carter, Zachary W

Chair of Board No Chair of Board No

If yes, Chair designated By. If yes, Chair designated By.

Term Start Date 03/03/2014 Term Start Date 02/03/2014

Term Expiration Date Ex-Officio Term Expiration Date Ex-Officio

Title Chair of City Planning Title Corporation Counsel Commission Has the Board member appointed Yes Has the Board member appointed Yes a designee? a designee?

Designee Name Barry Dinerstein Designee Name James McSpiritt

Ex-officio Yes Ex-officio Yes

Nominated By Ex-Officio Nominated By Ex-Officio

Appointed By Ex-Officio Appointed By Ex-Officio

Confirmed by Senate? Confirmed by Senate?

Has the Board member/designee Yes Has the Board member/designee Yes signed the acknowledgement of signed the acknowledgement of fiduciary duty? fiduciary duty?

Complied with training Yes Complied with training Yes requirement of requirement of Section 2824? Section 2824?

Does the Board No Does the Board No member/designee also hold an member/designee also hold an elected or appointed State gove elected or appointed State gove

Does the Board Yes Does the Board No member/designee also hold an member/designee also hold an elected or appointed municipal elected or appointed municipal government position? government position?

Page 3 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Board of Directors Listing

Name Stringer, Scott Name Glen, Alicia

Chair of Board No Chair of Board No

If yes, Chair designated By. If yes, Chair designated By.

Term Start Date 01/02/2014 Term Start Date 01/02/2014

Term Expiration Date Ex-Officio Term Expiration Date Ex-Officio

Title Comptroller Title Deputy Mayor for Housing and Economic Development Has the Board member appointed Yes Has the Board member appointed Yes a designee? a designee?

Designee Name Brian Cook Designee Name Peter Wertheim

Ex-officio Yes Ex-officio Yes

Nominated By Ex-Officio Nominated By Ex-Officio

Appointed By Ex-Officio Appointed By Ex-Officio

Confirmed by Senate? Confirmed by Senate?

Has the Board member/designee Yes Has the Board member/designee Yes signed the acknowledgement of signed the acknowledgement of fiduciary duty? fiduciary duty?

Complied with training Yes Complied with training Yes requirement of requirement of Section 2824? Section 2824?

Does the Board No Does the Board No member/designee also hold an member/designee also hold an elected or appointed State gove elected or appointed State gove

Does the Board Yes Does the Board No member/designee also hold an member/designee also hold an elected or appointed municipal elected or appointed municipal government position? government position?

Page 4 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Board of Directors Listing

Name Santos , Robert D Name Haber, Bernard

Chair of Board No Chair of Board No

If yes, Chair designated By. If yes, Chair designated By.

Term Start Date 10/01/2014 Term Start Date 10/01/2015

Term Expiration Date 09/30/2017 Term Expiration Date 09/21/2016

Title Title

Has the Board member appointed Has the Board member appointed a designee? a designee?

Designee Name Designee Name

Ex-officio No Ex-officio No

Nominated By Local Nominated By Local

Appointed By Local Appointed By Local

Confirmed by Senate? Confirmed by Senate?

Has the Board member/designee Yes Has the Board member/designee Yes signed the acknowledgement of signed the acknowledgement of fiduciary duty? fiduciary duty?

Complied with training Yes Complied with training Yes requirement of requirement of Section 2824? Section 2824?

Does the Board No Does the Board No member/designee also hold an member/designee also hold an elected or appointed State gove elected or appointed State gove

Does the Board No Does the Board No member/designee also hold an member/designee also hold an elected or appointed municipal elected or appointed municipal government position? government position?

Page 5 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Board of Directors Listing

Name De Leon, Albert V Name Ferreri, Anthony

Chair of Board No Chair of Board No

If yes, Chair designated By. If yes, Chair designated By.

Term Start Date 10/01/2013 Term Start Date 10/01/2014

Term Expiration Date 09/30/2016 Term Expiration Date 09/30/2017

Title Title

Has the Board member appointed Has the Board member appointed a designee? a designee?

Designee Name Designee Name

Ex-officio No Ex-officio No

Nominated By Local Nominated By Local

Appointed By Local Appointed By Local

Confirmed by Senate? Confirmed by Senate?

Has the Board member/designee No Has the Board member/designee Yes signed the acknowledgement of signed the acknowledgement of fiduciary duty? fiduciary duty?

Complied with training Yes Complied with training Yes requirement of requirement of Section 2824? Section 2824?

Does the Board No Does the Board No member/designee also hold an member/designee also hold an elected or appointed State gove elected or appointed State gove

Does the Board No Does the Board No member/designee also hold an member/designee also hold an elected or appointed municipal elected or appointed municipal government position? government position?

Page 6 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Board of Directors Listing

Name Cintron, Marlene Name Lee Richardson, Karen

Chair of Board No Chair of Board No

If yes, Chair designated By. If yes, Chair designated By.

Term Start Date 11/21/2014 Term Start Date 10/01/2013

Term Expiration Date 11/20/2017 Term Expiration Date 07/27/2016

Title Title

Has the Board member appointed Has the Board member appointed a designee? a designee?

Designee Name Designee Name

Ex-officio No Ex-officio No

Nominated By Local Nominated By Local

Appointed By Local Appointed By Local

Confirmed by Senate? Confirmed by Senate?

Has the Board member/designee Yes Has the Board member/designee Yes signed the acknowledgement of signed the acknowledgement of fiduciary duty? fiduciary duty?

Complied with training Yes Complied with training Yes requirement of requirement of Section 2824? Section 2824?

Does the Board No Does the Board No member/designee also hold an member/designee also hold an elected or appointed State gove elected or appointed State gove

Does the Board No Does the Board No member/designee also hold an member/designee also hold an elected or appointed municipal elected or appointed municipal government position? government position?

Page 7 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Board of Directors Listing

Name Doyle, Kevin Name Fierstein, Andrea

Chair of Board No Chair of Board No

If yes, Chair designated By. If yes, Chair designated By.

Term Start Date 11/21/2015 Term Start Date 10/01/2015

Term Expiration Date 11/20/2018 Term Expiration Date 09/30/2018

Title Title

Has the Board member appointed Has the Board member appointed a designee? a designee?

Designee Name Designee Name

Ex-officio No Ex-officio No

Nominated By Local Nominated By Local

Appointed By Local Appointed By Local

Confirmed by Senate? Confirmed by Senate?

Has the Board member/designee Yes Has the Board member/designee Yes signed the acknowledgement of signed the acknowledgement of fiduciary duty? fiduciary duty?

Complied with training Yes Complied with training Yes requirement of requirement of Section 2824? Section 2824?

Does the Board No Does the Board No member/designee also hold an member/designee also hold an elected or appointed State gove elected or appointed State gove

Does the Board No Does the Board No member/designee also hold an member/designee also hold an elected or appointed municipal elected or appointed municipal government position? government position?

Page 8 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Board of Directors Listing

Name Vacant Name Vacant

Chair of Board Chair of Board

If yes, Chair designated By. If yes, Chair designated By.

Term Start Date Term Start Date

Term Expiration Date Term Expiration Date

Title Title

Has the Board member appointed Has the Board member appointed a designee? a designee?

Designee Name Designee Name

Ex-officio Ex-officio

Nominated By Local Nominated By Local

Appointed By Local Appointed By Local

Confirmed by Senate? Confirmed by Senate?

Has the Board member/designee Has the Board member/designee signed the acknowledgement of signed the acknowledgement of fiduciary duty? fiduciary duty?

Complied with training Complied with training requirement of requirement of Section 2824? Section 2824?

Does the Board Does the Board member/designee also hold an member/designee also hold an elected or appointed State gove elected or appointed State gove

Does the Board Does the Board member/designee also hold an member/designee also hold an elected or appointed municipal elected or appointed municipal government position? government position?

Page 9 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Staff Listing Name Title Group Department Union Barga- Full Exempt Base Actual Over Performance Extra Pay Other Total Individual If yes, Is / Name ining Time/ Annualized salary time Bonus Compensa Compens also paid by the payment Subsidiary Unit Part Salary paid to paid by tion/Allo -ation another made by a Time the Authority wances/Ad entity to State or Individua justments perform the local l work of the government Authority Abdul- Project Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Nabi, Manager Fatima Atals, Project Professional FT Yes 0.00 0 0 0 0 0 0 Yes No David Manager Baylor, Project Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Brandon Manager Braverman Assistant Professional FT Yes 0.00 0 0 0 0 0 0 Yes No , Jill Secretary Creed, Project Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Carly Manager D'Ascoli, Assistant Managerial FT Yes 0.00 0 0 0 0 0 0 Yes No Fred Treasurer Hauser, Assistant Administrative FT No 0.00 0 0 0 0 0 0 Yes No Arthur Secretary and Clerical Hobson, Treasurer Executive FT Yes 0.00 0 0 0 0 0 0 Yes No Spencer Hospedale Project Professional FT Yes 0.00 0 0 0 0 0 0 Yes No s, Reyne Manager Howell, Project Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Dana Manager Jones, General Executive FT Yes 0.00 0 0 0 0 0 0 Yes No Meredith Counsel Joyce, Project Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Kyle Manager Kane, Assitant Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Daniel Vice President Maxwell, Adminsitra Administrative FT Yes 0.00 0 0 0 0 0 0 Yes No Crissette tive and Clerical Coordinato r Mitsugi, Deputy Executive FT Yes 0.00 0 0 0 0 0 0 Yes No Shin Executive Director Page 10 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Staff Listing Name Title Group Department Union Barga- Full Exempt Base Actual Over Performance Extra Pay Other Total Individual If yes, Is / Name ining Time/ Annualized salary time Bonus Compensa Compens also paid by the payment Subsidiary Unit Part Salary paid to paid by tion/Allo -ation another made by a Time the Authority wances/Ad entity to State or Individua justments perform the local l work of the government Authority Omolade, Assistant Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Krishna Secretary Pena, Assitant Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Johanne Vice President Robinson, Senior Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Christine Accountant Ruocco, Assitant Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Sonia Vice President Salén, Executive Executive FT Yes 0.00 0 0 0 0 0 0 Yes No Johan Director Stein, Assistant Professional FT Yes 0.00 0 0 0 0 0 0 Yes No William Secretary Thayer, Assistant Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Mac Secretary Torres- Chairperso Executive FT Yes 0.00 0 0 0 0 0 0 Yes No Springer, n Maria Tufano, Executive Administrative FT Yes 0.00 0 0 0 0 0 0 Yes No Frances Assistant and Clerical Vaccari, Chief Executive FT Yes 0.00 0 0 0 0 0 0 Yes No Kim Financial Officer Valdes, Project Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Desiree Manager Waller, Project Professional FT Yes 0.00 0 0 0 0 0 0 Yes No Michael Manager

Page 11 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Benefit Information During the fiscal year, did the Authority continue to pay for any of the above mentioned benefits for No Board Members Name Title Severance Payment Club Use of Personal Auto Transpo- Housing Spousal / Tuition Multi- None Other Package for Member- Corporate Loans rtation Allow- Dependent Assist- Year of Unused ships Credit ance Life ance Employ- These Leave Cards Insurance ment Benefits Weisbrod, Board of X Carl Directors Dinerstein Board of X , Barry Directors Carter, Board of X Zachary W Directors McSpiritt, Board of X James Directors Lee Board of X Richardson Directors , Karen Stringer, Board of X Scott Directors Cook, Board of X Brian Directors Glen, Board of X Alicia Directors Wertheim, Board of X Peter Directors Vacant Board of X Directors Ferreri, Board of X Anthony Directors Santos , Board of X Robert D Directors Fierstein, Board of X Andrea Directors De Leon, Board of X Albert V Directors Haber, Board of X Bernard Directors Doyle, Board of X Kevin Directors Vacant Board of X Directors Cintron, Board of X Page 12 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Name Title Severance Payment Club Use of Personal Auto Transpo- Housing Spousal / Tuition Multi- None Other Package for Member- Corporate Loans rtation Allow- Dependent Assist- Year of Unused ships Credit ance Life ance Employ- These Leave Cards Insurance ment Benefits Marlene Directors

Staff Name Title Severance Payment Club Use of Personal Auto Transpo- Housing Spousal / Tuition Multi- None Other Package for Member- Corporate Loans rtation Allow- Dependent Assist- Year of Unused ships Credit ance Life ance Employ- These Leave Cards Insurance ment Benefits No Data has been entered by the Authority for this section in PARIS

Page 13 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Subsidiary/Component Unit Verification Is the list of subsidiaries, as assembled by the Office of the State Comptroller, correct? Yes Are there other subsidiaries or component units of the Authority that are active, not included in the PARIS reports submitted by this Aut No

Name of Subsidiary/Component Unit Status Requested Changes

Subsidiary/Component Unit Creation Name of Subsidiary/Component Unit Establishment Entity Purpose Date Subsidiary/Component Unit Termination Name of Subsidiary/Component Unit Termination Date Termination Reason Proof of Termination

No Data has been entered by the Authority for this section in PARIS

Page 14 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Summary Financial Information SUMMARY STATEMENT OF NET ASSETS

Assets Current Assets Cash and cash equivalents $3,485,390 Investments $5,150,604 Receivables, net $3,520 Other assets $0 Total Current Assets $8,639,514 Noncurrent Assets Restricted cash and investments $0 Long-term receivables, net $0 Other assets $2,808,144 Capital Assets Land and other nondepreciable property $0 Buildings and equipment $0 Infrastructure $0 Accumulated depreciation $0 Net Capital Assets $0 Total Noncurrent Assets $2,808,144 Total Assets $11,447,658

Page 15 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Summary Financial Information SUMMARY STATEMENT OF NET ASSETS

Liabilities Current Liabilities Accounts payable $0 Pension contribution payable $0 Other post-employment benefits $0 Accrued liabilities $33,824 Deferred revenues $48,860 Bonds and notes payable $0 Other long-term obligations due within one year $19,311 Total Current Liabilities $101,995 Noncurrent Liabilities Pension contribution payable $0 Other post-employment benefits $0 Bonds and notes payable $0 Long Term Leases $0 Other long-term obligations $0 Total Noncurrent Liabilities $0 Total Liabilities $101,995 Net Asset (Deficit) Net Asset Invested in capital assets, net of related debt $0 Restricted $0 Unrestricted $11,345,663 Total Net Assets $11,345,663

Page 16 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Summary Financial Information SUMMARY STATEMENT OF REVENUE, EXPENSES AND CHANGE IN NET ASSETS

Operating Revenues Charges for services $0 Rental & financing income $5,284,557 Other operating revenues $0 Total Operating Revenue $5,284,557 Operating Expenses Salaries and wages $0 Other employee benefits $0 Professional services contracts $2,000,000 Supplies and materials $0 Depreciation & amortization $0 Other operating expenses $72,197 Total Operating Expenses $2,072,197 Operating Income (Loss) $3,212,360 Nonoperating Revenues Investment earnings $39,240 State subsidies/grants $0 Federal subsidies/grants $0 Municipal subsidies/grants $0 Public authority subsidies $0 Other nonoperating revenues $0 Total Nonoperating Revenue $39,240

Page 17 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Summary Financial Information

SUMMARY STATEMENT OF REVENUE, EXPENSES AND CHANGE IN NET ASSETS

Nonoperating Expenses Interest and other financing charges $0 Subsidies to other public authorities $0 Grants and donations $0 Other nonoperating expenses $146,628 Total Nonoperating Expenses $146,628 Income (Loss) Before Contributions $3,104,972 Capital Contributions $0 Change in net assets $3,104,972 Net assets (deficit) beginning of year $8,240,691 Other net assets changes $0 Net assets (deficit) at end of year $11,345,663

Page 18 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Current Debt Question Response 1. Did the Authority have any outstanding debt, including conduit debt, at any point during the reporting period? Yes 2. If yes, has the Authority issued any debt during the reporting period? Yes

New Debt Issuances List by Type of Debt and Program Type Of Debt: Conduit Debt Program:

Project Amounts CUSIP Bond Closing Taxable Issue True Interest Term Cost of PACB URL Number Date Status Process Interest Type Issuance ($) Project Cost AMDA, Refunding 0.00 12/02/2015 Negotiated 2.81 Variable 10 1,125,921.00 Inc. New 21,000,000.00 Total 21,000,000.00 Albert Refunding 0.00 09/09/2015 Negotiated 5.6 Fixed 30 5,151,382.30 Einstein New 175,000,000.00 College Total 175,000,000.00 of Medicine , Inc. (f/k/a Com Affiliat ion, Inc.) American Refunding 0.00 10/29/2015 Negotiated 3.71 Fixed 19 364,734.73 Committe New 8,830,000.00 e for Total 8,830,000.00 the Weizmann Institut e Asia Refunding 0.00 07/01/2015 Negotiated 3.32 Variable 30 357,687.50 Society, New 16,795,000.00 The Total 16,795,000.00 BNOS Refunding 0.00 06/28/2016 Negotiated 3.12 Fixed 25 450,394.62 Square New 7,400,000.00 of Total 7,400,000.00 Williams burg Barkai Refunding 0.00 10/15/2015 Negotiated 3.2 Fixed 25 538,930.00 Foundati New 8,700,000.00 on, Inc. Total 8,700,000.00

Page 19 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Type Of Debt: Conduit Debt Program:

Project Amounts CUSIP Bond Closing Taxable Issue True Interest Term Cost of PACB URL Number Date Status Process Interest Type Issuance ($) Project Cost Brearley Refunding 0.00 09/29/2015 Negotiated 3.32 Fixed 30 973,157.90 School, New 50,000,000.00 The Total 50,000,000.00 Brooklyn Refunding 0.00 10/09/2015 Negotiated 3.2 Fixed 25 372,595.50 United New 6,295,000.00 Methodis Total 6,295,000.00 t Church Home Children Refunding 0.00 07/23/2015 Negotiated 4.06 Fixed 30 666,649.73 's Aid New 37,205,000.00 Society, Total 37,205,000.00 The Collegia Refunding 0.00 06/30/2016 Negotiated 3.36 Fixed 40 694,058.10 te New 40,000,000.00 School, Total 40,000,000.00 Inc. Congrega Refunding 0.00 02/26/2016 Negotiated 3.6 Fixed 25 258,200.67 tion New 3,300,000.00 Machna Total 3,300,000.00 Shalva and 5815 CMS LLC Hannah Refunding 0.00 09/01/2015 Negotiated 2.97 Fixed 30 300,000.00 Senesh New 4,785,000.00 Total 4,785,000.00 La Refunding 0.00 09/11/2015 Negotiated 7.4 Fixed 30 2,424,150.00 Scuola New 77,440,000.00 D'Italia Total 77,440,000.00 Guglielm o Marconi Lower Refunding 0.00 11/24/2015 Negotiated 3.1 Variable 30 499,321.32 East New 10,700,000.00 Side Total 10,700,000.00 Tenement Museum Manhatta Refunding 0.00 04/07/2016 Negotiated 3.3 Fixed 27 739,750.00 n New 22,000,000.00 Country Total 22,000,000.00 Page 20 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Type Of Debt: Conduit Debt Program:

Project Amounts CUSIP Bond Closing Taxable Issue True Interest Term Cost of PACB URL Number Date Status Process Interest Type Issuance ($) Project Cost Metropol Refunding 17,000,000.00 09/25/2015 Negotiated 3.63 Fixed 25 188,238.77 itan New 0.00 Montesso Total 17,000,000.00 ri School #2 New York Refunding 0.00 01/29/2016 Negotiated 3.94 Fixed 29 1,342,000.00 Law New 140,210,000.00 School Total 140,210,000.00 (2016) ODA Refunding 0.00 02/12/2016 Negotiated 3.08 Fixed 10 278,067.54 Primary New 5,000,000.00 Health Total 5,000,000.00 Care Network, Inc. Riverdal Refunding 0.00 07/15/2015 Negotiated 3.4 Fixed 28 1,014,017.55 e New 26,846,504.76 Country Total 26,846,504.76 School, Inc. Saint Refunding 0.00 09/10/2015 Negotiated 3.36 Fixed 30 812,174.68 Ann's New 4,208,537.00 School Total 4,208,537.00 Saint Refunding 0.00 11/24/2015 Negotiated 3.04 Fixed 30 645,250.00 David's New 35,000,000.00 School Total 35,000,000.00 Talmud Refunding 0.00 01/27/2016 Negotiated 4 Fixed 23 418,519.03 Torah New 10,491,000.00 Ohel Total 10,491,000.00 Yochanan Trinity Refunding 0.00 02/09/2016 Negotiated 3.36 Fixed 29 537,647.00 Episcopa New 17,500,000.00 l School Total 17,500,000.00 Corporat ion #2 UNITED Refunding 45,000,000.00 06/30/2016 Negotiated 4.04 Fixed 30 998,394.11 CEREBRAL New 0.00 PALSY Total 45,000,000.00 Page 21 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Type Of Debt: Conduit Debt Program:

Project Amounts CUSIP Bond Closing Taxable Issue True Interest Term Cost of PACB URL Number Date Status Process Interest Type Issuance ($) Project Cost Urban Refunding 0.00 12/17/2015 Negotiated 3.43 Fixed 15 528,093.68 Resource New 8,616,300.00 Institut Total 8,616,300.00 e Voluntee Refunding 0.00 11/17/2015 Negotiated 3.35 Fixed 30 329,189.45 rs of New 5,515,000.00 America Total 5,515,000.00 - Greater New York, Inc. Xaverian Refunding 0.00 05/03/2016 Negotiated 2.79 Fixed 30 640,686.06 High New 15,000,000.00 School/R Total 15,000,000.00 yken Educatio nal Center, Inc. YMCA of Refunding 0.00 11/04/2015 Negotiated 4.42 Fixed 25 764,817.88 Greater New 42,320,000.00 New York Total 42,320,000.00 (2015)

Page 22 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Schedule of Authority Debt Type of Debt Statutory Outstanding Start New Debt Debt Retired Outstanding Authorization of Fiscal Year Issuances ($) End of ($) ($) ($) Fiscal Year ($)

State Obligation State Guaranteed

State Supported

State Contingent Obligation

State Moral Obligation

Other State Funded

Authority Obligation

General Obligation

Revenue

Other Non-State Funded Conduit

Conduit Debt 0.00 1,815,492,209.63 862,157,341.76 65,368,450.10 2,612,281,101.29

Conduit Debt - Pilot Increment Financing

Page 23 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Real Property Acquisition/Disposal List No Data has been entered by the Authority for this section in PARIS This Authority has indicated that it had no real property acquisitions or disposals during the reporting period.

Page 24 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Personal Property This Authority has indicated that it had no personal property disposals during the reporting period. No Data has been entered by the Authority for this section in PARIS

Page 25 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Property Documents Question Response URL (if applicable) 1. In accordance with Section 2896(3) of PAL, the Authority is required to prepare a Yes http://www.nycedc.com/build-nyc/financial-public- report at least annually of all real property of the Authority. Has this report been documents prepared? 2. Has the Authority prepared policies, procedures, or guidelines regarding the use, Yes http://www.nycedc.com/build-nyc/financial-public- awarding, monitoring, and reporting of contracts for the acquisition and disposal of documents property? 3. In accordance with Section 2896(1) of PAL, has the Authority named a contracting Yes officer who shall be responsible for the Authority's compliance with and enforcement of such guidelines?

Page 26 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Grant Information

1. Source of Grant Funds: Not for Profit Name of Grant Recipient: NYC Neighborhood Capital Corporation Address Line1: 110 William Street Address Line2: City: NEW YORK State: NY Zip - Plus4: 10038 Province/Region: Country: USA Amount of Grant Award Provided During Reporting Year: $125,000 Date Grant Awarded: 09/16/2014 Purpose of Grant: Business Expansion/Startup

Was the grant expected to result in new jobs being created? No If yes, how many jobs were planned to be created? If yes, how many jobs have been created to date?

Page 27 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Loan Information This Authority has indicated that it did not award any loans during the reporting period.

Page 28 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

1. Name of Recipient of Bond 2. Name of Recipient of Bond Proceeds: Poly Prep Country Day School Proceeds: A Very Special Place, Inc. (2013 Adjustable Address Line1: 9216 Seventh Avenue Address Line1: 49 Cedar Grove Ave. Address Line2: Address Line2: City: BROOKLYN City: STATEN ISLAND State: NY State: NY Zip - Plus4: 11228 Zip - Plus4: 10305 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $5,000,000.00 Amount of Bonds Issued: $4,840,000.00 Date Bonds Issued: 09/10/2013 Date Bonds Issued: 02/28/2013 Bond Interest Rate: 3.3 Bond Interest Rate: 3.59 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2038 Retired: 2039 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: $185,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $5,000,000 Outstanding: $4,655,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 29 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

3. Name of Recipient of Bond 4. Name of Recipient of Bond Proceeds: A Very Special Place, Inc. (2013 Fixed) Proceeds: AMDA, Inc. Address Line1: 49 Cedar Grove Ave. Address Line1: 211 West 61 Street Address Line2: Address Line2: City: STATEN ISLAND City: NEW YORK State: NY State: NY Zip - Plus4: 10305 Zip - Plus4: 10023 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $6,795,000.00 Amount of Bonds Issued: $51,800,000.00 Date Bonds Issued: 03/21/2013 Date Bonds Issued: 12/02/2015 Bond Interest Rate: 3.4 Bond Interest Rate: 1.89 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2033 Retired: 2025 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $295,000 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $610,000 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $5,890,000 Outstanding: $51,800,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? 18 planned to be created? 29 If yes, how many jobs have been If yes, how many jobs have been created to date? 0 created to date? 163 Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 30 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

5. Name of Recipient of Bond 6. Name of Recipient of Bond Proceeds: Albee Retail Development, LLC (2014) Proceeds: Albert Einstein College of Medicine, Inc. ( Address Line1: 1 Dekalb Avenue Address Line1: 1865 Eastchester Road Address Line2: Address Line2: City: BROOKLYN City: BRONX State: NY State: NY Zip - Plus4: 11201 Zip - Plus4: 10461 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $20,000,000.00 Amount of Bonds Issued: $16,795,000.00 Date Bonds Issued: 10/29/2014 Date Bonds Issued: 09/09/2015 Bond Interest Rate: 1.46 Bond Interest Rate: 5.5 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2030 Retired: 2045 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $116,784.71 during the reporting year: $205,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $19,883,215.29 Outstanding: $16,590,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 35 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 3 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 31 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

7. Name of Recipient of Bond 8. Name of Recipient of Bond Proceeds: American Committee for the Weizmann Institu Proceeds: Arthur Management Corporation Address Line1: 633 Third Avenue Address Line1: 4422 Third Avenue Address Line2: Address Line2: City: NEW YORK City: BRONX State: NY State: NY Zip - Plus4: 10017 Zip - Plus4: 10457 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $37,205,000.00 Amount of Bonds Issued: $19,800,000.00 Date Bonds Issued: 10/29/2015 Date Bonds Issued: 12/21/2010 Bond Interest Rate: 3.22 Bond Interest Rate: 7 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2034 Retired: 2026 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $1,015,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: $1,830,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $37,205,000 Outstanding: $16,955,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 32 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

9. Name of Recipient of Bond 10. Name of Recipient of Bond Proceeds: Arvene By The Sea & LLC & Benjamin Beechwoo Proceeds: Asia Society, The Address Line1: 6712, 6720, 6820 and 7020 Rockaway Beach B Address Line1: 725 Park Avenue Address Line2: Address Line2: City: ARVERNE City: NEW YORK State: NY State: NY Zip - Plus4: 11692 Zip - Plus4: 10021 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $11,100,000.00 Amount of Bonds Issued: $4,785,000.00 Date Bonds Issued: 02/11/2015 Date Bonds Issued: 07/01/2015 Bond Interest Rate: 2.99 Bond Interest Rate: .41 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2039 Retired: 2045 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $291,447.86 during the reporting year: $55,565.28

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $10,808,552.14 Outstanding: $4,729,434.72 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 3 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 0 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 33 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

11. Name of Recipient of Bond 12. Name of Recipient of Bond Proceeds: BNOS Square of Williamsburg Proceeds: Bais Ruchel High School, Inc. Address Line1: 382 Willoughby Avenue Address Line1: 173-175-177 Harrison Avenue Address Line2: Address Line2: City: BROOKLYN City: BROOKLYN State: NY State: NY Zip - Plus4: 11205 Zip - Plus4: 11211 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $175,000,000.00 Amount of Bonds Issued: $18,100,000.00 Date Bonds Issued: 06/28/2016 Date Bonds Issued: 10/23/2014 Bond Interest Rate: 2.56 Bond Interest Rate: 4.2 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2041 Retired: 2039 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $373,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: $330,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $175,000,000 Outstanding: $17,397,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? 16 planned to be created? 102 If yes, how many jobs have been If yes, how many jobs have been created to date? 0 created to date? 0 Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 34 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

13. Name of Recipient of Bond 14. Name of Recipient of Bond Proceeds: Barkai Foundation, Inc. Proceeds: Berkeley Carroll School Address Line1: 5302 21st Avenue Address Line1: 181 Lincoln Place Address Line2: Address Line2: City: BROOKLYN City: BROOKLYN State: NY State: NY Zip - Plus4: 11204 Zip - Plus4: 11217 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $35,000,000.00 Amount of Bonds Issued: $26,700,000.00 Date Bonds Issued: 10/15/2015 Date Bonds Issued: 06/03/2014 Bond Interest Rate: 3.2 Bond Interest Rate: 0 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2040 Retired: 2044 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $630,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: $605,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $35,000,000 Outstanding: $25,465,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? 112 planned to be created? 18 If yes, how many jobs have been If yes, how many jobs have been created to date? 0 created to date? 0 Have the bonds been fully Have the bonds been fully retired? Yes retired? Yes

Page 35 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

15. Name of Recipient of Bond 16. Name of Recipient of Bond Proceeds: Beth Abraham Health Services Proceeds: Big Brothers/Big Sisters of New York City,I Address Line1: 612 Allerton Avenue Address Line1: 40 Rector Street Address Line2: Address Line2: City: BRONX City: NEW YORK State: NY State: NY Zip - Plus4: 10467 Zip - Plus4: 10006 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $14,591,000.00 Amount of Bonds Issued: $9,000,000.00 Date Bonds Issued: 05/14/2014 Date Bonds Issued: 05/08/2014 Bond Interest Rate: 0 Bond Interest Rate: 3.39 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2027 Retired: 2039 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $1,189,037.3 during the reporting year: $230,127.42

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $798,000 prior to reporting year: $20,304.64 Current Amount of Bonds Current Amount of Bonds Outstanding: $12,603,962.7 Outstanding: $8,749,567.94 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? 10 If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? 0 Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 36 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

17. Name of Recipient of Bond 18. Name of Recipient of Bond Proceeds: Bronx Charter School for Excellence Proceeds: Brooklyn United Methodist Church Home Address Line1: 1960 Benedict Avenue Address Line1: 148 Dumont Ave Address Line2: Address Line2: City: BRONX City: BROOKLYN State: NY State: NY Zip - Plus4: 10462 Zip - Plus4: 11208 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $24,000,000.00 Amount of Bonds Issued: $2,035,000.00 Date Bonds Issued: 04/24/2013 Date Bonds Issued: 10/09/2015 Bond Interest Rate: 3 Bond Interest Rate: 3.47 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2043 Retired: 2040 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $155,000 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $23,845,000 Outstanding: $2,035,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? 15 planned to be created? 36 If yes, how many jobs have been If yes, how many jobs have been created to date? 9 created to date? 0 Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 37 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

19. Name of Recipient of Bond 20. Name of Recipient of Bond Proceeds: Browning School, The Proceeds: Center for Family Support Address Line1: 52 East 62nd Street Address Line1: 94-19 127 Street Address Line2: Address Line2: City: NEW YORK City: SOUTH RICHMOND HILL State: NY State: NY Zip - Plus4: 10065 Zip - Plus4: 11419 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $10,000,000.00 Amount of Bonds Issued: $4,700,000.00 Date Bonds Issued: 09/20/2012 Date Bonds Issued: 10/24/2012 Bond Interest Rate: 2.85 Bond Interest Rate: 3.1 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2033 Retired: 2028 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $348,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: $618,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $10,000,000 Outstanding: $3,734,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 1 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 0 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 38 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

21. Name of Recipient of Bond 22. Name of Recipient of Bond Proceeds: Children's Aid Society, The Proceeds: Cobble Hill health Center, Inc. Address Line1: 1232 Southern Boulevard Address Line1: 380 Henry Street Address Line2: Address Line2: City: BRONX City: BROOKLYN State: NY State: NY Zip - Plus4: 10459 Zip - Plus4: 11201 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $17,000,000.00 Amount of Bonds Issued: $46,280,000.00 Date Bonds Issued: 07/23/2015 Date Bonds Issued: 01/30/2008 Bond Interest Rate: 5 Bond Interest Rate: .61 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2045 Retired: 2038 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: $9,165,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $17,000,000 Outstanding: $37,115,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 6 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 0 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 39 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

23. Name of Recipient of Bond 24. Name of Recipient of Bond Proceeds: Community Resources Proceeds: Congregation Machna Shalva and 5815 CMS LLC Address Line1: 3450 Victory Boulevard Address Line1: 5813 20th Avenue Address Line2: Address Line2: City: STATEN ISLAND City: BROOKLYN State: NY State: NY Zip - Plus4: 10314 Zip - Plus4: 11204 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $9,911,000.00 Amount of Bonds Issued: $6,295,000.00 Date Bonds Issued: 03/13/2015 Date Bonds Issued: 02/26/2016 Bond Interest Rate: 4.25 Bond Interest Rate: 3.6 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2025 Retired: 2041 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $780,000 during the reporting year: $105,266.42

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $136,000 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $8,995,000 Outstanding: $6,189,733.58 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 40 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

25. Name of Recipient of Bond 26. Name of Recipient of Bond Proceeds: Congregation Yeshiva Beis Chaya Mushka, Inc Proceeds: Corlears School Address Line1: 350 Troy Avenue Address Line1: 324 West 15th Street Address Line2: Address Line2: City: BROOKLYN City: NEW YORK State: NY State: NY Zip - Plus4: 11213 Zip - Plus4: 10011 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $4,500,000.00 Amount of Bonds Issued: $10,000,000.00 Date Bonds Issued: 08/28/2014 Date Bonds Issued: 07/18/2012 Bond Interest Rate: 4.2 Bond Interest Rate: 3.3 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2039 Retired: 2023 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $48,626.91 during the reporting year: $242,101.29

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: $1,300,697.04 Current Amount of Bonds Current Amount of Bonds Outstanding: $4,451,373.09 Outstanding: $8,457,201.67 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 15 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 0 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 41 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

27. Name of Recipient of Bond 28. Name of Recipient of Bond Proceeds: Eden II School for Autistic Children, Inc. Proceeds: Ethical Culture Fieldston School Address Line1: 15 Beach Street Address Line1: 3901 Fieldstone Road Address Line2: Address Line2: City: STATEN ISLAND City: BRONX State: NY State: NY Zip - Plus4: 10304 Zip - Plus4: 10471 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $3,305,000.00 Amount of Bonds Issued: $49,355,000.00 Date Bonds Issued: 04/17/2013 Date Bonds Issued: 05/21/2015 Bond Interest Rate: 5 Bond Interest Rate: 5 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2039 Retired: 2035 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $75,000 during the reporting year: $690,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $75,000 prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $3,155,000 Outstanding: $48,665,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 42 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

29. Name of Recipient of Bond 30. Name of Recipient of Bond Proceeds: FC Hanson Office Associates, LLC Proceeds: Fedcap Rehabilitation Services, Inc. Address Line1: 139 Flatbush Avenue Address Line1: 633 Third Avenue Address Line2: Address Line2: City: BROOKLYN City: NEW YORK State: NY State: NY Zip - Plus4: 11217 Zip - Plus4: 10017 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $105,000,000.00 Amount of Bonds Issued: $28,450,000.00 Date Bonds Issued: 06/17/2015 Date Bonds Issued: 12/11/2013 Bond Interest Rate: 7 Bond Interest Rate: 4.2 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2040 Retired: 2038 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $455,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: $10,000,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $105,000,000 Outstanding: $17,995,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 43 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

31. Name of Recipient of Bond 32. Name of Recipient of Bond Proceeds: Federation of Protestant Welfare Agencies, Proceeds: GSNY Properties, Inc. Series A Address Line1: 40 Broad Street Address Line1: 211 West 61 Street Address Line2: Address Line2: City: NEW YORK City: NEW YORK State: NY State: NY Zip - Plus4: 10004 Zip - Plus4: 10023 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $12,345,000.00 Amount of Bonds Issued: $16,925,000.00 Date Bonds Issued: 11/12/2014 Date Bonds Issued: 08/09/2012 Bond Interest Rate: 1.75 Bond Interest Rate: .19 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2045 Retired: 2039 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: $300,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $12,345,000 Outstanding: $16,625,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 4 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 12 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 44 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

33. Name of Recipient of Bond 34. Name of Recipient of Bond Proceeds: Grace Church School Proceeds: Hannah Senesh Address Line1: 84-98 Fourth Avuenue Address Line1: 342 Smith Street Address Line2: Address Line2: City: NEW YORK City: BROOKLYN State: NY State: NY Zip - Plus4: 10003 Zip - Plus4: 11231 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $40,000,000.00 Amount of Bonds Issued: $8,700,000.00 Date Bonds Issued: 07/01/2013 Date Bonds Issued: 09/01/2015 Bond Interest Rate: 2.94 Bond Interest Rate: 2.86 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2043 Retired: 2045 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $145,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $40,000,000 Outstanding: $8,555,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? 31 planned to be created? 8 If yes, how many jobs have been If yes, how many jobs have been created to date? 139 created to date? 0 Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

35. Name of Recipient of Bond 36. Name of Recipient of Bond Proceeds: Hebrew Home for the Aged at Riverdale, The Proceeds: Horace Mann School Address Line1: 5931 Palisade Avenue Address Line1: 231 W 246th street Address Line2: Address Line2: City: BRONX City: BRONX State: NY State: NY Zip - Plus4: 10471 Zip - Plus4: 10471 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $55,000,000.00 Amount of Bonds Issued: $33,525,000.00 Date Bonds Issued: 02/13/2015 Date Bonds Issued: 11/20/2014 Bond Interest Rate: 3.42 Bond Interest Rate: 5 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2035 Retired: 2028 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $2,169,985.67 during the reporting year: $2,430,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $693,638.51 prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $52,136,375.82 Outstanding: $31,095,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

37. Name of Recipient of Bond 38. Name of Recipient of Bond Proceeds: Institute for Community Living, Inc Proceeds: Institute for Community Living, Inc.(2014) Address Line1: 125 Broad Street Address Line1: 125 Broad Street Address Line2: Address Line2: City: NEW YORK City: NEW YORK State: NY State: NY Zip - Plus4: 10006 Zip - Plus4: 10004 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $2,600,000.00 Amount of Bonds Issued: $5,420,000.00 Date Bonds Issued: 04/17/2013 Date Bonds Issued: 06/06/2014 Bond Interest Rate: 5 Bond Interest Rate: 3.65 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2039 Retired: 2033 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $330,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $120,000 prior to reporting year: $310,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $2,480,000 Outstanding: $4,780,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 47 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

39. Name of Recipient of Bond 40. Name of Recipient of Bond Proceeds: Institute of International Education, Inc., Proceeds: International Leadership Charter School Address Line1: 809 United Nations Plaza Address Line1: 322 West 231 Street Address Line2: Address Line2: City: NEW YORK City: BRONX State: NY State: NY Zip - Plus4: 10017 Zip - Plus4: 10463 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $12,480,000.00 Amount of Bonds Issued: $17,750,000.00 Date Bonds Issued: 11/26/2014 Date Bonds Issued: 03/21/2013 Bond Interest Rate: 5 Bond Interest Rate: 5 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2031 Retired: 2044 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $655,000 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $11,825,000 Outstanding: $17,750,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? 18 If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? 0 Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

41. Name of Recipient of Bond 42. Name of Recipient of Bond Proceeds: La Scuola D'Italia Guglielmo Marconi Proceeds: Lebanese American University Address Line1: 432 West 58th Street Address Line1: 211 East 46th Street Address Line2: Address Line2: City: NEW YORK City: NEW YORK State: NY State: NY Zip - Plus4: 10019 Zip - Plus4: 10017 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $56,665,000.00 Amount of Bonds Issued: $16,250,000.00 Date Bonds Issued: 09/11/2015 Date Bonds Issued: 08/09/2013 Bond Interest Rate: 8.5 Bond Interest Rate: 5 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2045 Retired: 2018 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $53,830.31 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $56,611,169.69 Outstanding: $16,250,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 22 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 51 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

43. Name of Recipient of Bond 44. Name of Recipient of Bond Proceeds: Life's WORC 2012 Proceeds: Little Red School House and Elisabeth Irwin Address Line1: 147-24 Edgewood Street Address Line1: 196 Bleeker Street Address Line2: Address Line2: City: ROSEDALE City: NEW YORK State: NY State: NY Zip - Plus4: 11422 Zip - Plus4: 10012 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $2,400,000.00 Amount of Bonds Issued: $9,650,000.00 Date Bonds Issued: 07/26/2012 Date Bonds Issued: 09/10/2013 Bond Interest Rate: .02 Bond Interest Rate: 1.34 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2018 Retired: 2043 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $250,000 during the reporting year: $177,260.74

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $485,000 prior to reporting year: $308,080.08 Current Amount of Bonds Current Amount of Bonds Outstanding: $1,665,000 Outstanding: $9,164,659.18 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? 9 If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? 0 Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

45. Name of Recipient of Bond 46. Name of Recipient of Bond Proceeds: Lower East Side Tenement Museum Proceeds: Lycee Francais de New York Address Line1: 91 Orchard Street Address Line1: 505 East 75th Street Address Line2: Address Line2: City: NEW YORK City: NEW YORK State: NY State: NY Zip - Plus4: 10002 Zip - Plus4: 10021 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $10,700,000.00 Amount of Bonds Issued: $81,650,000.00 Date Bonds Issued: 11/24/2015 Date Bonds Issued: 08/01/2013 Bond Interest Rate: 1.94 Bond Interest Rate: 3.29 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2045 Retired: 2043 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $148,396.75 during the reporting year: $2,815,517.16

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $10,551,603.25 Outstanding: $78,834,482.84 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 10 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 0 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

47. Name of Recipient of Bond 48. Name of Recipient of Bond Proceeds: Manhattan College #1 (2012) Proceeds: Manhattan College #2 (2013) Address Line1: 4531 Manhattan College Parkway Address Line1: 3990 Waldo Avenue Address Line2: Address Line2: City: BRONX City: BRONX State: NY State: NY Zip - Plus4: 10471 Zip - Plus4: 10471 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $21,420,000.00 Amount of Bonds Issued: $27,000,000.00 Date Bonds Issued: 08/10/2012 Date Bonds Issued: 08/07/2013 Bond Interest Rate: 2.22 Bond Interest Rate: 2.23 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2021 Retired: 2038 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $2,680,000 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $5,320,000 prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $13,420,000 Outstanding: $27,000,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? 14 If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? 0 Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

49. Name of Recipient of Bond 50. Name of Recipient of Bond Proceeds: Manhattan Country School, Inc. and West 85t Proceeds: Mary McDowell Friends School Address Line1: 150 West 85th Street Address Line1: 20 Bergen Street Address Line2: Address Line2: City: NEW YORK City: BROOKLYN State: NY State: NY Zip - Plus4: 10024 Zip - Plus4: 11201 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $35,000,000.00 Amount of Bonds Issued: $7,500,000.00 Date Bonds Issued: 04/07/2016 Date Bonds Issued: 12/31/2013 Bond Interest Rate: 3.25 Bond Interest Rate: 1.65 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2043 Retired: 2043 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $135,199

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: $186,728 Current Amount of Bonds Current Amount of Bonds Outstanding: $35,000,000 Outstanding: $7,178,073 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? 19 planned to be created? 10 If yes, how many jobs have been If yes, how many jobs have been created to date? 0 created to date? 46 Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

51. Name of Recipient of Bond 52. Name of Recipient of Bond Proceeds: Marymount School of New York Proceeds: Metropolitan College of New York Address Line1: 2 East 82nd Street Address Line1: 40 Rector Street Address Line2: Address Line2: City: NEW YORK City: NEW YORK State: NY State: NY Zip - Plus4: 10028 Zip - Plus4: 10006 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $19,480,000.00 Amount of Bonds Issued: $67,440,000.00 Date Bonds Issued: 12/20/2012 Date Bonds Issued: 12/10/2014 Bond Interest Rate: 1.49 Bond Interest Rate: 5.5 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2043 Retired: 2044 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $700,000 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $1,100,000 prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $17,680,000 Outstanding: $67,440,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? 5 If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? 24 Have the bonds been fully Have the bonds been fully retired? No retired? No

Page 54 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

53. Name of Recipient of Bond 54. Name of Recipient of Bond Proceeds: Metropolitan Montessori School Proceeds: Metropolitan Montessori School #2 Address Line1: 325 West 85th Street Address Line1: 325 West 85th Street Address Line2: Address Line2: City: NEW YORK City: NEW YORK State: NY State: NY Zip - Plus4: 10024 Zip - Plus4: 10024 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $8,511,914.02 Amount of Bonds Issued: $21,000,000.00 Date Bonds Issued: 07/11/2012 Date Bonds Issued: 09/25/2015 Bond Interest Rate: 4 Bond Interest Rate: 3.63 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2038 Retired: 2040 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $8,083,563.71 during the reporting year: $420,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $428,350.31 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $0 Outstanding: $20,580,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? 2 planned to be created? 3 If yes, how many jobs have been If yes, how many jobs have been created to date? 0 created to date? 0 Have the bonds been fully Have the bonds been fully retired? Yes retired? No

Page 55 of 74 Annual Report for Build NYC Resource Corporation Run Date: 02/28/2017 Fiscal Year Ending:06/30/2016 Status: CERTIFIED

Bond Information

55. Name of Recipient of Bond 56. Name of Recipient of Bond Proceeds: Montefiore Medical Center Proceeds: Natural Resources Defense Council Address Line1: 1250 Waters Place Address Line1: 40 West 20 Street Address Line2: Address Line2: City: BRONX City: NEW YORK State: NY State: NY Zip - Plus4: 10461 Zip - Plus4: 10011 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $93,000,000.00 Amount of Bonds Issued: $12,730,000.00 Date Bonds Issued: 04/19/2013 Date Bonds Issued: 01/24/2008 Bond Interest Rate: 2.1 Bond Interest Rate: .6 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2030 Retired: 2038 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $744,061.21 during the reporting year: $290,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: $800,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $92,255,938.79 Outstanding: $11,640,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? 423 planned to be created? 15 If yes, how many jobs have been If yes, how many jobs have been created to date? 343 created to date? 0 Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

57. Name of Recipient of Bond 58. Name of Recipient of Bond Proceeds: New York Foundling Charitable Corporation Proceeds: New York Law School (2016) Address Line1: 170 Brown Place Address Line1: 40 Leonard Street Address Line2: Address Line2: City: BRONX City: NEW YORK State: NY State: NY Zip - Plus4: 10454 Zip - Plus4: 10013 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $15,205,000.00 Amount of Bonds Issued: $8,320,000.00 Date Bonds Issued: 06/27/2012 Date Bonds Issued: 01/29/2016 Bond Interest Rate: 2.47 Bond Interest Rate: 5 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2019 Retired: 2045 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $2,185,000 during the reporting year: $177,983.95

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $6,150,000 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $6,870,000 Outstanding: $8,142,016.05 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

59. Name of Recipient of Bond 60. Name of Recipient of Bond Proceeds: New York Methodist Hospital, The Proceeds: Nightingale-Bamford School, The Address Line1: 269 7th Ave Address Line1: 20 East 92nd Street Address Line2: Address Line2: City: BROOKLYN City: NEW YORK State: NY State: NY Zip - Plus4: 11215 Zip - Plus4: 10128 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $29,720,000.00 Amount of Bonds Issued: $296,300.00 Date Bonds Issued: 10/15/2014 Date Bonds Issued: 09/01/2015 Bond Interest Rate: 5 Bond Interest Rate: 3.3 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2030 Retired: 2041 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $980,000 during the reporting year: $9,846.18

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $28,740,000 Outstanding: $286,453.82 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

61. Name of Recipient of Bond 62. Name of Recipient of Bond Proceeds: ODA Primary Health Care Network, Inc. Proceeds: Packer Collegiate Instiute Address Line1: 14-16 Heyward street Address Line1: 170 Joralemon Street Address Line2: Address Line2: City: BROOKLYN City: BROOKLYN State: NY State: NY Zip - Plus4: 11249 Zip - Plus4: 11201 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $10,491,000.00 Amount of Bonds Issued: $22,000,000.00 Date Bonds Issued: 02/12/2016 Date Bonds Issued: 04/07/2015 Bond Interest Rate: 3.02 Bond Interest Rate: 5 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2026 Retired: 2045 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $88,000 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $10,403,000 Outstanding: $22,000,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 4 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 7 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

63. Name of Recipient of Bond 64. Name of Recipient of Bond Proceeds: Pratt Paper (NY), Inc. Proceeds: Q Student Residences, LLC Address Line1: 4435 Victory Boulevard Address Line1: 64-80 Kissena Blvd. Address Line2: Address Line2: City: STATEN ISLAND City: FLUSHING State: NY State: NY Zip - Plus4: 10314 Zip - Plus4: 11367 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $96,300,000.00 Amount of Bonds Issued: $65,230,000.00 Date Bonds Issued: 12/18/2014 Date Bonds Issued: 09/05/2014 Bond Interest Rate: 5 Bond Interest Rate: 5 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2035 Retired: 2043 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $1,400,000 during the reporting year: $540,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: $655,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $94,900,000 Outstanding: $64,035,000 Purpose of project requiring Business Expansion/Startup Purpose of project requiring Commercial Property the Bond Issuance: the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

65. Name of Recipient of Bond 66. Name of Recipient of Bond Proceeds: Royal Charter Properties, Inc. Proceeds: SCO Family of Services Project Address Line1: 115-143 Fort Washington Avenue Address Line1: 560-570 Fulton Street Address Line2: Address Line2: City: NEW YORK City: BROOKLYN State: NY State: NY Zip - Plus4: 10032 Zip - Plus4: 11217 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $24,660,000.00 Amount of Bonds Issued: $9,408,000.00 Date Bonds Issued: 06/29/2012 Date Bonds Issued: 06/27/2013 Bond Interest Rate: 5 Bond Interest Rate: 3.42 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2032 Retired: 2028 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $825,000 during the reporting year: $660,000

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $2,360,000 prior to reporting year: $1,216,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $21,475,000 Outstanding: $7,532,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

67. Name of Recipient of Bond 68. Name of Recipient of Bond Proceeds: Saint Ann's School Proceeds: Saint David's School Address Line1: 129 Pierrepont Street Address Line1: 12-22 East 89th Street Address Line2: Address Line2: City: BROOKLYN City: NEW YORK State: NY State: NY Zip - Plus4: 11201 Zip - Plus4: 10128 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $17,500,000.00 Amount of Bonds Issued: $5,000,000.00 Date Bonds Issued: 09/10/2015 Date Bonds Issued: 11/24/2015 Bond Interest Rate: 3.25 Bond Interest Rate: 2.98 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2045 Retired: 2045 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $17,500,000 Outstanding: $5,000,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? 4 planned to be created? 108 If yes, how many jobs have been If yes, how many jobs have been created to date? 14 created to date? 0 Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

69. Name of Recipient of Bond 70. Name of Recipient of Bond Proceeds: Seaview Senior Living Housing Development F Proceeds: South Bronx Charter School Address Line1: 105, 135 & 104 Friendship Lane Address Line1: 164 Bruckner Boulevard Address Line2: Address Line2: City: STATEN ISLAND City: BRONX State: NY State: NY Zip - Plus4: 10314 Zip - Plus4: 10454 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $36,000,000.00 Amount of Bonds Issued: $22,270,000.00 Date Bonds Issued: 01/23/2013 Date Bonds Issued: 06/11/2013 Bond Interest Rate: 7.25 Bond Interest Rate: 2.75 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2048 Retired: 2043 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $36,000,000 Outstanding: $22,270,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? 9 If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? 16 Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

71. Name of Recipient of Bond 72. Name of Recipient of Bond Proceeds: Stallion Inc. Proceeds: Stephen Gaynor School Address Line1: 36-20 34th Street Address Line1: 171 West 89th Street Address Line2: Address Line2: City: LONG ISLAND CITY City: NEW YORK State: NY State: NY Zip - Plus4: 11106 Zip - Plus4: 10024 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $7,220,000.00 Amount of Bonds Issued: $28,900,000.00 Date Bonds Issued: 06/12/2015 Date Bonds Issued: 07/17/2014 Bond Interest Rate: 3.54 Bond Interest Rate: 3.51 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2040 Retired: 2044 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $77,000 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $7,143,000 Outstanding: $28,900,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? 21 If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? 114 Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

73. Name of Recipient of Bond 74. Name of Recipient of Bond Proceeds: Talmud Torah Ohel Yochanan Proceeds: The Diller-Quaile School Address Line1: 1325 38th Street Address Line1: 24 East 95th Street Address Line2: Address Line2: City: BROOKLYN City: NEW YORK State: NY State: NY Zip - Plus4: 11218 Zip - Plus4: 10128 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $3,300,000.00 Amount of Bonds Issued: $7,550,000.00 Date Bonds Issued: 01/27/2016 Date Bonds Issued: 12/24/2013 Bond Interest Rate: 4 Bond Interest Rate: 2.96 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2039 Retired: 2033 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $19,000 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $3,281,000 Outstanding: $7,550,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 12 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 4 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

75. Name of Recipient of Bond 76. Name of Recipient of Bond Proceeds: The Mount Sinai Hospital Proceeds: Trey Whitfield School Address Line1: 25-10 30th Avenue Address Line1: 17 Hinsdale Street Address Line2: Address Line2: City: LONG ISLAND CITY City: BROOKLYN State: NY State: NY Zip - Plus4: 11102 Zip - Plus4: 11207 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $11,200,000.00 Amount of Bonds Issued: $4,260,000.00 Date Bonds Issued: 12/19/2013 Date Bonds Issued: 02/05/2015 Bond Interest Rate: 2.83 Bond Interest Rate: 3.46 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2044 Retired: 2025 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $1,866,666.67 during the reporting year: $68,292.26

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: $22,291.63 Current Amount of Bonds Current Amount of Bonds Outstanding: $9,333,333.33 Outstanding: $4,169,416.11 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 209 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 195 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

77. Name of Recipient of Bond 78. Name of Recipient of Bond Proceeds: United Cerebral Palsy (2016) Proceeds: United Cerebral Palsy of New York City, Inc Address Line1: 80 West End Avenue Address Line1: 160 Lawrence Avenue Address Line2: Address Line2: City: NEW YORK City: BROOKLYN State: NY State: NY Zip - Plus4: 10023 Zip - Plus4: 11230 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $87,940,000.00 Amount of Bonds Issued: $5,995,000.00 Date Bonds Issued: 06/30/2016 Date Bonds Issued: 04/24/2013 Bond Interest Rate: 4.04 Bond Interest Rate: 3.2 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2046 Retired: 2025 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: prior to reporting year: $540,000 Current Amount of Bonds Current Amount of Bonds Outstanding: $87,940,000 Outstanding: $5,455,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

79. Name of Recipient of Bond 80. Name of Recipient of Bond Proceeds: United Jewish Appeal- Federation of Jewish Proceeds: Urban Resource Institute Address Line1: 130 East 59th Street Address Line1: 1011 Ocean Avenue Address Line2: Address Line2: City: NEW YORK City: BROOKLYN State: NY State: NY Zip - Plus4: 10022 Zip - Plus4: 11226 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $27,335,000.00 Amount of Bonds Issued: $22,400,000.00 Date Bonds Issued: 08/14/2014 Date Bonds Issued: 12/17/2015 Bond Interest Rate: 5 Bond Interest Rate: 4.41 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2025 Retired: 2030 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $2,230,000 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $25,105,000 Outstanding: $22,400,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

81. Name of Recipient of Bond 82. Name of Recipient of Bond Proceeds: Village Center for Care (NYCCRC) Proceeds: Volunteers of America - Greater New York, I Address Line1: 214-218 West Houston Street Address Line1: 2112 Second Avenue Address Line2: Address Line2: City: NEW YORK City: NEW YORK State: NY State: NY Zip - Plus4: 10014 Zip - Plus4: 10029 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $37,620,000.00 Amount of Bonds Issued: $40,000,000.00 Date Bonds Issued: 12/20/2007 Date Bonds Issued: 11/17/2015 Bond Interest Rate: .61 Bond Interest Rate: 3.35 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2038 Retired: 2045 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $445,000 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $1,410,000 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $35,765,000 Outstanding: $40,000,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

83. Name of Recipient of Bond 84. Name of Recipient of Bond Proceeds: Volunteers of America-Greater New York, Inc Proceeds: Wagner College Address Line1: 1887 Bathgate Avenue Address Line1: One Campus Road Address Line2: Address Line2: City: BRONX City: STATEN ISLAND State: NY State: NY Zip - Plus4: 10457 Zip - Plus4: 10301 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $9,520,000.00 Amount of Bonds Issued: $12,705,000.00 Date Bonds Issued: 03/21/2014 Date Bonds Issued: 09/25/2012 Bond Interest Rate: 3.49 Bond Interest Rate: 5 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2044 Retired: 2029 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $175,630 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $219,953.49 prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $9,124,416.51 Outstanding: $12,705,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? No If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

85. Name of Recipient of Bond 86. Name of Recipient of Bond Proceeds: WytheHotel LLC Proceeds: Xaverian High School/Ryken Educational Cent Address Line1: 45 Main Street Address Line1: 7100 Shore Road Address Line2: Suite 602 Address Line2: City: BROOKLYN City: BROOKLYN State: NY State: NY Zip - Plus4: 11201 Zip - Plus4: 11209 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $15,000,000.00 Amount of Bonds Issued: $35,253,130.00 Date Bonds Issued: 12/16/2010 Date Bonds Issued: 05/03/2016 Bond Interest Rate: .35 Bond Interest Rate: 2.79 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2040 Retired: 2046 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $0 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $0 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $15,000,000 Outstanding: $35,253,130 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? 33 planned to be created? 31 If yes, how many jobs have been If yes, how many jobs have been created to date? 128 created to date? 136 Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

87. Name of Recipient of Bond 88. Name of Recipient of Bond Proceeds: YMCA of Greater New York Proceeds: YMCA of Greater New York (2015) Address Line1: 5 West 63rd Street Address Line1: 5 West 63rd Street Address Line2: Address Line2: City: NEW YORK City: NEW YORK State: NY State: NY Zip - Plus4: 10023 Zip - Plus4: 10023 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $49,995,000.00 Amount of Bonds Issued: $9,746,870.00 Date Bonds Issued: 06/29/2012 Date Bonds Issued: 11/04/2015 Bond Interest Rate: 4.5 Bond Interest Rate: 5 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2042 Retired: 2040 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $2,600,000 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $2,490,000 prior to reporting year: Current Amount of Bonds Current Amount of Bonds Outstanding: $44,905,000 Outstanding: $9,746,870 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? Yes created? No If yes, how many jobs were If yes, how many jobs were planned to be created? 9 planned to be created? If yes, how many jobs have been If yes, how many jobs have been created to date? 0 created to date? Have the bonds been fully Have the bonds been fully retired? No retired? No

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Bond Information

89. Name of Recipient of Bond 90. Name of Recipient of Bond Proceeds: Yeshiva Har Torah Proceeds: Yeshivat Beth Hillel of Krasna, Inc. Address Line1: 250-10 Grand Central Parkway Address Line1: 1605 44th Street Address Line2: Address Line2: City: BELLEROSE City: BROOKLYN State: NY State: NY Zip - Plus4: 11426 Zip - Plus4: 11204 Province/Region: Province/Region: Country: USA Country: USA Amount of Bonds Issued: $3,600,000.00 Amount of Bonds Issued: $10,000,000.00 Date Bonds Issued: 06/28/2012 Date Bonds Issued: 02/20/2015 Bond Interest Rate: 2.28 Bond Interest Rate: 3.99 Last Year Bonds Expected to be Last Year Bonds Expected to be Retired: 2027 Retired: 2040 Amount of Bond Principal retired Amount of Bond Principal retired during the reporting year: $192,243 during the reporting year: $0

Amt of Bond Principal retired Amt of Bond Principal retired prior to reporting year: $576,262.27 prior to reporting year: $0 Current Amount of Bonds Current Amount of Bonds Outstanding: $2,831,494.73 Outstanding: $10,000,000 Purpose of project requiring Commercial Property Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement mprovement

Was the bond issuance expected to Was the bond issuance expected to result in new jobs being result in new jobs being created? No created? Yes If yes, how many jobs were If yes, how many jobs were planned to be created? planned to be created? 28 If yes, how many jobs have been If yes, how many jobs have been created to date? created to date? 0 Have the bonds been fully Have the bonds been fully retired? No retired? No

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Additional Comments:

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