454 WEST 54TH STREET, New York, NY 10019

Contract Signed. Griffin Court Condominium, Alchemy Properties Inc.'s latest development, is an 8-story residential condominium with 95 studio to three bedroom units in the chic Hell's Kitchen neighborhood of Manhattan. The building features a variety of amenities that cater to a diverse pool of buyers, including a fully-equipped fitness center, 24-hour doorman, live-in super and a gorgeously landscaped 8,700 SF courtyard. The units are finished with top-of-the-line stainless steel kitchen appliances, Poggenpohl cabinets, hardwood oak floors, oversized windows and feature spa-like master bathrooms. A private storage cage is included with each unit. Closing have begun, Immediate Occupancy! The complete offering terms are in an offering plan available from sponsor, File No CD-08-0664.