N.Y. Comp. Codes R. & Regs. tit. 13, § 17.4
(a) All advertising in connection with offerings made by cooperative apartments shall contain the following statement in easy readable print, except as provided herein:
“This advertisement is not an offering. No offering is made except by a prospectus filed wth the Department of Law of the State of New York. Such filing does not constitute approval of the issue or the sale thereof by the Department of Law or the Attorney General of the State of New York.”
(c) Irrespective of subdivision (a) of this section, in all classified-type advertisements not more than five inches long and not more than one column of print wide the following statement may be used, in lieu of the statement required in subdivision (a) of this section:
“THIS OFFERING IS MADE BY PROSPECTUS ONLY.”