THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM THE SPONSOR. FILE NO. CD 06-0598. SPONSOR 447-453 WEST 18TH STREET LP, C/O MADISON EQUITIES, 555 FIFTH AVENUE NEW YORK, NY 10017. WE ARE PLEDGED TO THE LETTER AND SPIRIT OF THE U.S. POLICY POLICY FOR THE ACHIEVEMENT OF EQUAL HOUSING OPPORTUNITY THROUGHOUT THE NATION. WE ENCOURAGE AND SUPPORT AN AFFIRMATIVE ADVERTISING AND MARKETING PROGRAM IN WHICH THERE ARE NO BARRIERS TO OBTAIN HOUSING BECAUSE OF RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS OR NATIONAL ORIGIN.

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