Notice of Termination

NOTICE OF TERMINATION
PURSUANT TO THE CONDOMINIUM AND COOPERATIVE
PROTECTION AND ABUSE RELIEF ACT, 15 U.S.C § 3607

TO: Bleecker Charles Company
c/o Kenneth B. Newman
488 Madison Avenue
New York, New York 10022

PLEASE TAKE NOTICE that pursuant to Section 3607 of the Condominium and Cooperative Protection and Abuse Relief Act, 15 U.S.C § 3601 et. seq., that portion of the Agreement of Lease (the "Lease") made as of July 31, 1985 between 350 Bleecker Street Apartment Corp. (the "Cooperative") and Bleecker Charles Company (the "Developer") which relates to the parking garage located at the premises owned by the Cooperative, and any amendments or extensions to such Lease has been and is hereby terminated. Pursuant to 15 U.S.C § 3607, termination was by a vote of owners of not less than two-thirds of the units of the "Cooperative" other than the units owned by the Developer, or an affiliate of the Developer.

PLEASE TAKE FURTHER NOTICE that, pursuant to 15 U.S.C § 3607(d) this termination shall be effective ninety days after hand delivering of this notice or mailing of this notice to you.

Dated: July 9, 2000

350 BLEECKER STREET APARTMENT CORP.
By: /s/ James D. Kafadar
PRINT NAME: James D. Kafadar
TITLE: Secretary

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