Mandarin Oriental

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The complete offering terms are in an offering plan available from Sponsor. File No. CD19-0040. This is not an offering. Sponsor: BSD685 NEW YORK PROPCO LLC, 745 Fifth Avenue, 18th Floor, New York, New York 10151. This advertising material is not an offer to sell nor a solicitation of an offer to buy to residents of any jurisdiction in which registration requirements have not been fulfilled. Equal Housing Opportunity. Images are a combination of photographs and artist renderings. Views shown are approximate and taken from various elevations. They are provided for illustration purposes only. Sponsor makes no representation whatsoever with respect to actual current or future views from any particular floor or unit. BSD 685 NEW YORK PROPCO LLC and any affiliates thereof (“Developer”) are the sole offerors of a) the real property being offered for sale as Mandarin Oriental Residences, Fifth Avenue (“Residences”) and b) any rental programs offered to purchasers in connection with the sale of the Residences. Neither Mandarin Oriental Hotel Group nor any of its affiliates, nor their respective officers, directors, agents, or employees (collectively, “MOHG”), are in any way owners, offerors, promoters, issuers or underwriters of, or responsible or liable for, or are making any representations or warranties with respect to, the Developer, construction of the Residences, any offering for sale of the real property constituting the Residences, or any increase or return on related investment. MOHG has not assumed and has no liability or responsibility for any financial statements, projections or other financial information contained in any sales and marketing materials, prospectus or similar written or oral statements relating to the Residences. Developer has the sole right and responsibility for the manner and means by which the Residences are sold, and for all representations in relation to the Residences. Developer has obtained rights to use the “Mandarin Oriental” name and trademarks (“MOHG Marks”) in connection with the Residences subject to the terms and conditions of non-exclusive license agreement(s) which may be terminated at any time upon certain occurrences. The right to use the MOHG Marks in connection with the Residences is thus not guaranteed and no such right is included in the Residence being acquired by any purchaser. If any of the relevant agreements are terminated, or MOHG ceases to manage the Residences for any reason, use of the MOHG Marks in connection with the Residences may be terminated at MOHG’s discretion. All purchasers should seek their own legal, financial, and professional advice before entering into any agreement in respect of the Residences.