EFTA00676923.pdf

From: Richard Kahn To: "Jeffrey E." <jeevacation@gmail.com> Subject: David Mitchell Date: Fri, 11 Aug 2017 20:57:17 +0000 i just spoke with David Mitchell updates are as follows: Provenance David is chasing sotheby's individual who did original valuation in 2009/2010. David said he is currently in London for a sale but will continue to chase him. I asked him why he has not retrieved through box search as this would have been required for 706 tax return yet he had no answer.. Outstanding debt David said he is not promising but his goal is to pay back 50% of 1,500,000 loan by August 31st and the final 50% by September 30th - he did not disclose source of funds and i did not press.. Did not offer any other information and was hesitant to commit to anything 82nd Street There were 3 showings this week with only 1 potential live customer Bruce willis was sent arch plans for stairway in penthouse but has not yet responded Investor (who is doing a 1031 exchange) is negotiating with David for 2 units to be guaranteed a 5% return (for 24 months) on 6,000,000 per unit or 300,000 + another 50,000 for common charges (4,200 per month) Investor will be responsible for 3300 per month of real estate taxes David said the construction without the maisonette will be completed by early September and all kitchens are being installed next week The maisonette will take longer as they are installing a greenhouse and need additional approvals to summarize a lot of balls in the air but only 1 of 6 units in contract... Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 On Aug 10, 2017, at 5:06 PM, David Mitchell < > wrote: I will, as soon as I know tomorrow Might have good news on outstanding debt as well EFTA00676923 DAVID MITCHELL Mitchell Holdings LLC 745 Fifth Avenue, 5th Floor New York NY 10151 From: "Richard corn>" Date: Thursday, August 10, 2017 at 5:05 PM To: David Mitchell Subject: Re: Appraisal Copy Request provenance info? sotheby's valuation? please advise when we will receive thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 On Aug 9, 2017, at 2:54 PM, David Mitchell <I wrote: will do DAVID MITCHELL Mitchell Holdings LLC 801 Madison Avenue New York NY 10065 On Aug 9, 2017, at 2:39 PM, Richard Kahn < wrote: still waiting on provenance info?? seems odd that sotheby's is taking so long.. please send insurance company report as well EFTA00676924 thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 On Aug 3, 2017, at 7:44 AM, David Mitchell < > wrote: It was part of the Estate , this is two items out the whole Digging through boxes , looking for it parallel efforts In addition insurance appraiser will complete his work next week DAVID MITCHELL Mitchell Holdings LLC 801 Madison Avenue New York NY 10065 On Aug 3, 2017, at 7:38 AM, Richard Kahn < > wrote: David i am confused as we were told this was part of the estate and expected a number today Not sure what happened as this letter to Sothebys could have been sent last week if you had nothing... Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 On Aug 3, 2017, at 6:46 AM, David Mitchell < > wrote: EFTA00676925 They need a few days, DAVID MITCHELL Mitchell Holdings LLC 745 Fifth Avenue, 5th Floor New York NY 10151 USA From: David Mitchell Date: Wednesday, August 2, 2017 at 11:41 AM To:" Subject: Appraisal Copy Request Good morning, Please find attached letter requesting a copy of an appraisal done in 2010. Thank you so much, DAVID MITCHELL Mitchell Holdings LLC 801 Madison Avenue New York NY 10065 <Appraisal Copy Request_8.2.17.pdf EFTA00676926