240 Willoughby Street Brooklyn · Kings County · 11201

SUNDRY AGREEMENT Mar 3, 2026

party 1 240 Willoughby Ground Lessor, LLC

party 2 240 Willoughby Gl, LLC

TERMINATION OF ASSIGN OF L&R Jul 22, 2025

party one Mdfvi Gs Repo Seller LLC

party two 240 Tenant LLC

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ASSIGNMENT OF LEASE $210,500,000 Jul 22, 2025

party 1 240 Tenant LLC

party 2 240 Willoughby Gl, LLC

AGREEMENT $141,500,000 Jul 22, 2025

party 1 240 Willoughby Gl LLC

party 2 M & T Realty Capital Corporation

MORTGAGE $33,500,000 Jul 22, 2025

mortgagor/borrower 240 Willoughby Gl LLC

mortgagee/lender M & T Realty Capital Corporation

ASSIGNMENT, MORTGAGE Jul 22, 2025

assignor/old lender Mdfvi Gs Repo Seller LLC

assignee/new lender M & T Realty Capital Corporation

MEMORANDUM OF LEASE Jul 22, 2025

lessor 240 Willoughby Ground Lessor, LLC

lessee 240 Willoughby Gl, LLC

ASSIGNMENT, MORTGAGE May 12, 2025

assignor/old lender 240 Willoughby 1 LLC

assignee/new lender Mdfvi Gs Repo Seller LLC

ASGN OF ASGN OF L&R May 12, 2025

assignor 240 Willoughby 1 LLC

assignee Mdfvi Gs Repo Seller LLC

RELEASE Apr 7, 2025

party 1 Axos Bank

party 2 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

TERMINATION OF ASSIGN OF L&R Apr 7, 2025

party one Axos Bank

party two 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

TERMINATION OF ASSIGN OF L&R Feb 26, 2025

party one Scale Willoughby Lender LLC

party two 240 Tenant LLC

MORTGAGE $36,000,000 Feb 26, 2025

mortgagor/borrower 240 Tenant LLC

mortgagee/lender 240 Willoughby 1 LLC

ASSIGNMENT, MORTGAGE Feb 26, 2025

assignor/old lender Scale Willoughby Lender LLC

assignee/new lender 240 Willoughby 1 LLC

AGREEMENT $108,000,000 Feb 26, 2025

party 1 240 Tenant LLC

party 2 240 Willoughby 1 LLC

ASSIGNMENT, MORTGAGE Feb 26, 2025

assignor/old lender Scale Willoughby Lender LLC

assignee/new lender 240 Willoughby 1 LLC

TERMINATION OF ASSIGN OF L&R Feb 26, 2025

party one Scale Willoughby Lender LLC

party two 240 Tenant LLC

ASSIGNMENT OF LEASES AND RENTS $108,000,000 Feb 26, 2025

assignor 240 Tenant LLC

assignee 240 Willoughby 1 LLC

NYC REAL PROPERTY TRANSFER TAX $75,730,829 Jun 16, 2022

grantor/seller Ground Lease Reit Inc.

grantee/buyer Ire U.S. Fund Vi Glr, LLC; Msp/Psp Glr Holdings, Lp +1

SATISFACTION OF MORTGAGE Feb 16, 2022

mortgager/borrower 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

mortgagee/lender Valley National Bank

TERMINATION OF ASSIGN OF L&R Jan 27, 2022

party one 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

party two Valley National Bank

DEED $75,000,000 Dec 29, 2021

grantor/seller 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

grantee/buyer 240 Willoughby Ground Lessor LLC

MEMORANDUM OF LEASE Dec 29, 2021

lessor 240 Willoughby Ground Lessor LLC

lessee 240 Tenant LLC

SUNDRY AGREEMENT Dec 29, 2021

party 1 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

party 2 240 Tenant LLC; 240 Willoughby Ground Lessor LLC

SATISFACTION OF MORTGAGE Dec 29, 2021

mortgager/borrower 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

mortgagee/lender Levon Ny Mxx LLC

MORTGAGE $55,506,958 Dec 29, 2021

mortgagor/borrower 240 Tenant LLC

mortgagee/lender Scale Willoughby Lender LLC

ASSIGNMENT OF LEASES AND RENTS $55,506,958 Dec 29, 2021

assignor 240 Tenant LLC

assignee Scale Willoughby Lender LLC

MORTGAGE $16,493,042 Dec 29, 2021

mortgagor/borrower 240 Tenant LLC

mortgagee/lender Scale Willoughby Lender LLC

ASSIGNMENT OF LEASES AND RENTS $16,493,042 Dec 29, 2021

assignor 240 Tenant LLC

assignee Scale Willoughby Lender LLC

CERTIFICATE OF REDUCTION Oct 19, 2021

mortgager/borrower Ashland Place Houses, Inc.

mortgagee/lender Midcap Funding Iv Trust

ASSIGNMENT, MORTGAGE Nov 10, 2020

assignor/old lender Ashland Place Houses, Inc

assignee/new lender Levon Ny Mmxx LLC

ASSIGNMENT OF LEASES AND RENTS $60,000,000 Sep 10, 2019

assignor 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

assignee Axos Bank

AGREEMENT $60,000,000 Sep 10, 2019

party 1 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

party 2 Axos Bank

CERTIFICATE OF REDUCTION Sep 10, 2019

mortgager/borrower Ashland Place Houses, Inc.

mortgagee/lender Midcap Funding Iv Trust

MORTGAGE $20,000,000 Sep 10, 2019

mortgagor/borrower 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

mortgagee/lender Ashland Place Houses, Inc.

MORTGAGE $43,500,000 Sep 10, 2019

mortgagor/borrower 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

mortgagee/lender Axos Bank

ASSIGNMENT, MORTGAGE Sep 10, 2019

assignor/old lender Midcap Funding Iv Trust

assignee/new lender Axos Bank

DEED $95,000,000 Sep 10, 2019

grantor/seller Ashland Place Houses, Inc.

grantee/buyer 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

DEVELOPMENT RIGHTS Sep 10, 2019

party one Ashland Place Houses, Inc.; The Brooklyn Hospital Center

party two Ashland Place Houses, Inc.

EASEMENT Sep 10, 2019

grantor/seller Ashland Place Houses, Inc.

grantee/buyer 240 Willoughby Ii LLC; 240 Willoughby Iii LLC +1

SUNDRY AGREEMENT Sep 10, 2019

party 1 Midcap Funding Iv Trust

SUNDRY AGREEMENT Sep 10, 2019

party 1 Prudential Huntoon Paige Associates LLC

SUNDRY AGREEMENT Sep 10, 2019

party 1 United State Of America By Department Of Hud

SUNDRY AGREEMENT Sep 10, 2019

party 1 Ashland Place Houses, Inc.; The Brooklyn Hospital Center

ZONING LOT DESCRIPTION Sep 10, 2019

party one Ashland Place Houses, Inc.; The Brooklyn Hospital Center

TERMINATION OF ASSIGN OF L&R Sep 10, 2019

party one Midcap Funding Iv Trust

party two Ashland Place Houses, Inc.

TERMINATION OF LEASE OR MEMO Sep 10, 2019

lessor Ashland Place Houses, Inc.

lessee 240 Willoghby LLC

CERTIFICATE Sep 10, 2019

party 1 Fidelity National Title Insurance Company

Boiler Active Nov 14, 2025

DOB violations — total 38 · open 4 · dismissed 33

Boiler Active Nov 14, 2025

Gas Piping - LL152 Active Sep 18, 2025

AEUHAZ Dismissed Mar 5, 2025

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FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION

Boiler Dismissed Sep 23, 2024

Boiler Dismissed Sep 23, 2024

Elevators Dismissed Oct 23, 2023

Elevators Dismissed Oct 23, 2023

Elevators Dismissed Aug 25, 2023

Elevators Dismissed Aug 25, 2023

Boiler Dismissed Jun 30, 2023

Boiler Dismissed Jun 30, 2023

Boiler Dismissed Jun 20, 2023

Boiler Dismissed Jun 20, 2023

Benchmarking - LL84 Dismissed May 2, 2023

FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4

Boiler Dismissed Apr 25, 2023

Boiler Dismissed Apr 25, 2023

Facades Active Feb 22, 2023

Benchmarking - LL84 Dismissed Jun 2, 2021

FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4

Boiler Dismissed Nov 8, 2019

Boiler Dismissed Nov 8, 2019

Facades Dismissed Feb 21, 2018

E-ELEVATOR ELEVATORREQUIRED Resolved Aug 15, 2012

Benchmarking - LL84 Dismissed Jan 1, 2012

DOB complaints — total 56 · open 0 · closed 56

Construction – contrary to/beyond approved plans Closed Jun 8, 2026

Complaint 3A65841

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Category 6M Closed Mar 10, 2026

Complaint 3A51861

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Category 7R Closed Sep 10, 2025

Complaint 3A28824

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Category 7G Closed Mar 4, 2025

Complaint 3A04982

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After-hours work – illegal Closed Feb 23, 2025

Complaint 3A03938

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Category 7F Closed Dec 27, 2024

Complaint 3988967

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Category 7G Closed Jul 8, 2024

Complaint 3967667

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Category 7F Closed Apr 9, 2024

Complaint 3955560

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Debris/building – falling or danger of falling Closed Mar 22, 2024

Complaint 3952923

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Debris/building – falling or danger of falling Closed Mar 21, 2024

Complaint 3952685

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Debris – excessive Closed Mar 18, 2024

Complaint 3952123

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Adjacent buildings not protected Closed Mar 15, 2024

Complaint 3951904

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Debris – excessive Closed Mar 1, 2024

Complaint 3949524

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Debris – excessive Closed Jan 9, 2024

Complaint 3942773

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Site conditions endangering workers Closed Jan 5, 2024

Complaint 3942265

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Site conditions endangering workers Closed Dec 14, 2023

Complaint 3939292

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Category 7F Closed Dec 9, 2023

Complaint 3938414

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Category 7G Closed Oct 30, 2023

Complaint 3933071

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Category 6X Closed Jul 31, 2023

Complaint 3920734

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Category 6X Closed Jul 31, 2023

Complaint 3920731

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Category 6X Closed Jul 31, 2023

Complaint 3920733

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Category 6X Closed Jul 31, 2023

Complaint 3920732

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After-hours work – illegal Closed Jun 12, 2023

Complaint 3909098

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Structural stability impacted by new construction Closed May 31, 2023

Complaint 3907499

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Site conditions endangering workers Closed Apr 26, 2023

Complaint 3902493

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Construction – contrary to/beyond approved plans Closed Mar 24, 2023

Complaint 3898399

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After-hours work – illegal Closed Feb 22, 2023

Complaint 3894571

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Construction – contrary to/beyond approved plans Closed Feb 8, 2023

Complaint 3892906

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Site conditions endangering workers Closed Jan 30, 2023

Complaint 3891684

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Construction – contrary to/beyond approved plans Closed Jan 27, 2023

Complaint 3891409

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Demolition – unsafe/illegal/mechanical Closed Jan 16, 2023

Complaint 3889771

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Site conditions endangering workers Closed Jan 10, 2023

Complaint 3888926

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Site conditions endangering workers Closed Dec 2, 2022

Complaint 3884305

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Category 7G Closed Nov 9, 2022

Complaint 3881329

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Category 7G Closed Nov 7, 2022

Complaint 3880964

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Construction – contrary to/beyond approved plans Closed Nov 4, 2022

Complaint 3880601

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Sidewalk shed/scaffold – none/inadequate/defective Closed Aug 13, 2022

Complaint 3868541

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Building shaking/vibrating/structural stability Closed May 18, 2022

Complaint 3854840

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Plumbing – defective/leaking/not maintained Closed Apr 24, 2015

Complaint 3512703

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Sprinkler system – inadequate Closed Jan 20, 2015

Complaint 3504174

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Elevator – dangerous condition/shaft open/unguarded Closed Apr 26, 2012

Complaint 3410056

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Failure to maintain Closed Jan 26, 2012

Complaint 3401884

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Category 4B Closed Mar 14, 2011

Complaint 3370913

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Category 4B Closed Mar 14, 2011

Complaint 3370914

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Sidewalk shed/scaffold – none/inadequate/defective Closed Jun 29, 2010

Complaint 3346701

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Sidewalk shed/scaffold – none/inadequate/defective Closed Jun 29, 2010

Complaint 3346700

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Safety net/guardrail – damaged/inadequate/none Closed Jun 25, 2010

Complaint 3346327

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Illegal conversion Closed Apr 21, 2010

Complaint 3339553

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Sprinkler system – inadequate Closed Apr 21, 2010

Complaint 3339555

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Sidewalk shed/scaffold – none/inadequate/defective Closed Feb 21, 2009

Complaint 3295963

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Sidewalk shed/scaffold – none/inadequate/defective Closed Apr 29, 2008

Complaint 3262663

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Failure to maintain Closed Jul 20, 2007

Complaint 3232553

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Elevator – dangerous condition/shaft open/unguarded Closed Dec 15, 2005

Complaint 3178131

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Failure to maintain Closed Nov 4, 2004

Complaint 3143989

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Certificate of occupancy – none/illegal/contrary Closed Mar 30, 1999

Complaint 3070287

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Excavation – undermining adjacent building Closed Feb 9, 1989

Complaint 3000615

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HPD violations — total 40 · open 3 · closed 37

§ 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND THE ADDRESS OF THE B

§ 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM EDGE OF FRAME BETWE

§27-2045(B)(5) HMC, § 12-06, 12-10 RCNY POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY COMMISSIONER, IN A COMMON A

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§27-2045(B)(5) HMC, § 12-01 RCNY POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAILBOX MISSING AT

§ 27-2053 ADM CODE POST SIGN ON WALL OF ENTRANCE STORY BEARING NAME, ADDRESS INCLUDING APARTMENT NUMBER IF ANY, AND TELEPHONE NUMBER OF SUPERINTENDENT, JANITOR

C · Immediately hazardous Closed May 2, 2026

§ 27-2033 ADM CODE POST NOTICE, IN FORM APPROVED BY THE DEPARTMENT, STATING THE NAME AND LOCATION OF THE PERSON DESIGNATED BY THE OWNER TO HAVE KEY TO BUILDINGS

§ 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES THAT SHOULD BE FOLL

§ 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGENCYS HOUSING INFORM

C · Immediately hazardous Closed Apr 20, 2026

§ 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 18U, 18th STORY, 2nd APARTMENT FROM NORTH AT EAST

B · Hazardous Closed Feb 4, 2026

§ 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE FIRE RETARDANT MATERIAL AT CEILING AT BASEMENT

A · Non-hazardous Closed Feb 4, 2026

§ 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING AT BASEMENT

B · Hazardous Closed Sep 3, 2025

566 (B) 27-2021.4 HMC: ABATE THE NUISANCE CONSISTING OF PESTS. EVIDENCE OF ANTS IN THE ENTIRE APARTMENT LOCATED AT APT 14G, 14th STORY, 2nd APARTMENT FROM WEST

I · Order to correct Closed Oct 31, 2019

§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN

I · Order to correct Closed Nov 30, 2017

§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN

I · Order to correct Closed Nov 16, 2016

§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN

I · Order to correct Closed Oct 14, 2015

§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN

I · Order to correct Closed Feb 25, 2015

§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN

C · Immediately hazardous Closed Oct 13, 1988

D26-17.10 ADM CODE POST NOTICE, IN FORM APPROVED BY THE DEPARTMENT, STATING THE NAME AND LOCATION OF THE PERSON DESIGNATED BY THE OWNER TO HAVE KEY TO BUILDING'

B · Hazardous Open Oct 13, 1988

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 17 STY SOUTHEAST APT 17J LAWINDY. LOCATED AT APT 17J

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 15 STY SOUTHWEST APT 15B HONKAM. LOCATED AT APT 15B

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 15 STY SOUTHWEST APT 15K EAST SECTION CASCRO. LOCATED AT APT 15K

D26-10.01 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF WATER STAINED CEILING 11 STY SOUTHEAST APT 115 BATHROOM. LOCATED AT APT 115

A · Non-hazardous Closed Oct 13, 1988

D26-12.01 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT CEILING 11 STY SOUTHEAST APT 11K BATHROOM. LOCATED AT APT 11K

D26-20.08,20.09 ADM CODE PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH DEPARTMENT OF BUILDINGS RULES AND REGULATIONS

B · Hazardous Open Oct 13, 1988

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 7 STY EAST APT 7F 1ST FROM SOUTHEAST SECTION NELSON. LOCATED AT APT 7F

B · Hazardous Closed Jul 7, 1987

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 13 STY SOUTHEAST APT 13J ROBINSON. LOCATED AT APT 13J

B · Hazardous Closed Jul 7, 1987

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 8 STY SOUTHEAST APT 8F BUTLER. , SECTION '' ''

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 17 STY CENTER EAST APT 17H EAST SECTION HENRY. LOCATED AT APT 17H

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 17 STY NORTHWEST APT 17C WEST SECTION BROWN. LOCATED AT APT 17C

D26-20.08,20.09 ADM CODE PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH DEPARTMENT OF BUILDINGS RULES AND REGULATIONS

A · Non-hazardous Closed Jun 26, 1987

D26-12.01 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT CEILING 18 STY WEST APT 18K EAST SECTION BATHROOM. LOCATED AT APT 18K

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 16 STY SOUTHWEST APT 16B HUDSON. LOCATED AT APT 16B

B · Hazardous Open Jun 26, 1987

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 15 STY CENTER EAST APT 15H EAST SECTION DELBALLE. LOCATED AT APT 15H

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 14 STY CENTER EAST APT 14H EAST SECTION FINKS. LOCATED AT APT 14H

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 14 STY SOUTHWEST APT 14B WEST SECTION GANG. LOCATED AT APT 14B

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 12 STY NORTHWEST APT 12C WEST SECTION VIREY. LOCATED AT APT 12C

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 12 STY NORTHEAST APT 12G EAST SECTION APONTE. LOCATED AT APT 12G

D26-20.08,20.09 ADM CODE PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH DEPARTMENT OF BUILDINGS RULES AND REGULATIONS

D26-20.08,20.09 ADM CODE PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH DEPARTMENT OF BUILDINGS RULES AND REGULATIONS

D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 6 STY SOUTH APT 6G EAST SECTION AZER. LOCATED AT APT 6G