139 Tuxedo Update

Dear Future Residents,

Welcome to your latest update for 139 Tuxedo. I hope everyone has been enjoying the beautiful weather we have had lately. I am please to inform you that all stairs have been placed in the stairwells. The steel beams, exterior structural walls and the floor joists on the 2ndfloor are now complete. The 2ndfloor terraces are currently being poured and will be completed by month end. Once the terraces are complete, the 3rdfloor structural walls will be prepped and begin to be erected. We are currently prepping the parkade floor to pour concrete. Electrical and plumbing work has begun in the parkade.

We are currently undergoing our final review meetings with each unit. The 2ndfloor unit reviews are now complete and we have met with approximately 50% of the 3rdfloor units. The 3rdfloor meetings should be scheduled and completed in the next 2 weeks. We would like to remind everyone to please bring all contracts, invoices and documents relating to your unit and upgrades to ensure all details are documented during your review.

We have received the majority of sign offs from Interior Illusions and from our independent suppliers. However, there are still a few units that are outstanding. We ask everyone who is still working to wrap up the last few items to do so as soon as possible. If you are unable to sign off by your final review, we will be unable to implement those changes and will revert back to the standard package. As mentioned last month, we will be confirming any changes that have been made to electrical, plumbing or framing in order to identify any final costs associated with those upgrades.

Sincerely,

Myles Kraut

President – Karma Development