m is defined in that certain Second Amended and Restated Operating Agreement, dated as of February , 2011 (the "Lofts 21 Operating Agreement"), of Lofts 21 LLC, a New York limited liability company ("Lofts 21"), and wishes to sell to Purchaser two-thirds thereof, namely, a 7.096 Class A Interest in Lofts (

T EQUITY FUND(May) ABS Trust (lest valuation 7/31/09 FTC recess madly testnbuoons) HIGH8RIDGE CAPITAL KING STREET Advance Star LLC (ozoll basis) Lofts 21 LLC (Cosi beers) Escrow -Coterie's Holdings AP TECHNOLOGYhote down) AP Sat. INVESTORS hoe down) Total Partners's') investments 6.285956 16,416.909

ITY FUND(May) ABS Trust (lest valuation 7/31/09 FTC recess rmerthly ctstnbuoons) 111(3448RIDGE CAPITAL KING STREET Advents Star LLC (oast basis) Lofts 21 LLC (cosi tests) ESCrOve -Cotentne Holdings AP TECHNOLOGY(wree down) AP RR. INVESTORS (wee* down) Total Partnership Inyestmenis 6.285956 16,416909

Org Chart — 21 East 26th Street No individual owns more than 10% of Lofts 21 LLC through the Ryder 10% + Interests: Madison LLC Class B interest David Mitchell — 21.14% Individual Ryder Madison LLC — 14.29% David J. FT Real

ributions) 331,882 HAZE HIGIMRIDGE CAPITAL 33.082.536 HAZE KING STREET 21.935.889 FT Really Advance Star LW (cost basis) 700,000 FT Reeky Lofts 21 LLC (cost basis) 22O500 JEE Mort Inc 500.000 nrt -0 6.38 .803 FTC FTC AP TECHNOLOGY(wnle down) AP SHL INVESTORS (write Wen) 250000 1.000,000