th in Section X — Summary of Principal Terms —'Purchase Transaction with Affiliates • The foregoing transaction shall require no further approval of the Advisory Committee of the Fund or any Investor Member 1. Represents a common equity interest, held by RXR NY Metro Emerging Sub-Market Venture and co-investment from limited partn

al Terms — Purchase Transaction with Affiliates" of the Private Placement Memorandum. The foregoing transaction shall require no further approval of the Advisory Committee of the Fund or any Investor Member. 1. Includes equity ownership held by RXR NY Metro Emerging Sub-Market Venture and co-investment from limited partners of su