Case File
efta-01896590DOJ Data Set 10OtherEFTA01896590
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Unknown
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DOJ Data Set 10
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efta-01896590
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5
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0
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To:
Gold, Steven
Jeffrey Epsteinueevacation©gmail.com]
From:
Gold, Steven
Sent:
Thur 4/11/2013 9:08:21 PM
Subject: RE: 484 Greenwich St., follow up
Mr. Epstein,
I also wanted to mention, a lot of the purchaser's closing costs are controlled by the buyer. In other
words, in my opinion, I think it is a high estimate. You can likely get it all done cheaper if that was your
main objective. Just my 2 cents...
Thanks and let me know if you have any questions.
Best,
Steve
steve gold
vice president
douglas elliman real estate
7th floor
new york, ny 10011 •
My Listings I www.elliman.com/sgold
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From: Gold, Steven
Sent: Tuesday, April 09, 2013 7:09 PM
To: 'Jeffrey Epstein'
Subject: RE: 484 Greenwich St., follow up
Mr. Epstein,
I have tried to reach the owner but he is travelling, so I will get you a rough estimate of expenses and
recent CapEx tomorrow, along with a blank copy of a contract.
As for closing costs, I cannot provide legal advice, but I asked an attorney for a rough estimate, which is
below:
Presuming $11,000,000 purchase price, no financing, general costs could be approximated as
follows:
Owner's Title Insurance (about 0.4%415% of purchase price) = $44,000-$55,000 (this estimate
may be on the high end, but I'd rather be conservative).
Municipal searches, recording fees = $1,500.
Buyer's Attorney Fees = $10,000 (controlled by Buyer)
Buyer's Due Diligence / Property Inspections = $5,000 (controlled by Buyer; Phase I surveys will
likely not be needed since no financing).
Buyer's cost of inspection of financial information/performance = if needed (controlled by Buyer)
Buyer's cost of tax planning with personal CPA = as needed (controlled by Buyer)
If Buyer is setting up a Corp. or LLC to serve as buying agency (recommended) = about $2,000 -
$3,000, depending on entity and publication.
Say around $75,000 to $85,000.
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Hope this helps and I will be back in touch tomorrow. Thanks.
Best,
Steve
steve gold
vice president
douglas elliman real estate
7th floor
new york, ny 10011
cl
al
fl
My Listings I w_ww.elliman,conVsgold
From: Jeffrey Epstein [mailto:ieevacation©gmail.com]
Sent: Tuesday, April 09, 2013 4:29 PM
To: Gold, Steven
Subject: Re: 484 Greenwich St., follow up
What Arc the closing costs All in ? Send me a blank contract do that I may review your terms
On Saturday, April 6, 2013, Gold, Steven wrote:
Dear Mr. Epstein,
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Thank you very much for your offer. I spoke the owner today in length and while he feels the
offer is low, he is still considering a counter. He asked for another evening to consider. I will be
back in touch tomorrow with a response. Thank you for your patience and I hope we can come to
terms on this amazing property.
Thanks again and have a nice evening.
Best,
Steve
steve gold
vice president
douglas elliman real estate
7th floor
new york, ny 10011
ci
ol
11
My Listings www.ellin in.comp..2,{}id
The information contained in this communication is
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confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
Jeffrey Epstein
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to [email protected], and
destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
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