The complete offering terms are in an offering plan available from the Sponsor. File No. CD21-0266. The artist representations and interior decorations, finishes, appliances and furnishings are provided for illustrative purposes only. Sponsor makes no representations or warranties except as may be set forth in the Offering Plan. Sponsor reserves the right to substitute materials, appliances, equipment, fixtures and other construction and design details specified herein as provided in the Offering Plan. All dimensions are approximate and subject to normal construction variances and tolerances. Square footage exceeds the usable floor area. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Plans and dimensions may contain minor variations from floor to floor. Sponsor: Paragon JV Prop III LLC c/o 767 Fifth Avenue, New York, New York 10153. Equal Housing Opportunity.