Case File
efta-02348012DOJ Data Set 11OtherEFTA02348012
Date
Unknown
Source
DOJ Data Set 11
Reference
efta-02348012
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1
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0
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Extracted Text (OCR)
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From:
David Stem
Sent:
Friday, September 30, 2016 7:23 PM
To:
Jeffrey Epstein
Subject:
Royal Monceau Paris Penthouse
Have a look.
Good French fri=nd, crazy guy, into art and beauty , in big financial trouble (tax):
<=iv>
Begin forwarded message:
From: "Alexandre Allard"To:
Subject: Royal Monceau Paris Penthouse
Hi Mishal,
Cool to tak to you on the phone. Please find attached a few pictures of my apartment located inside the Roy=l Monceau.
5 STAR HOTEL PREMICES: It is the only private apart=ent in a Palace Hotel in Paris. It has a private lift leading directly to
t=e 25 meter swimming pool, the gym and the Spa, 24/7 hotel security, it has a=private lobby access and a main access
through the hotel lobby.
LARGEST HOTEL SUITE: There bedroom duplex, for 380 square meters, 2 garden=terraces and a terrace kitchen for 110
square meters, a studio of 40 square=meters with a bath room on the same floor. As the entire hotel, designed
by=Philippe Starck, it is fully fitted, with wood paneling and mirror brass fi=ish to the utmost quality. 5 of the most
important contemporary artists hav= designed site specific installations to decorate the premises. The Sky Cei=ing in the
living room is 7 meter high.
TRANSACTION: The idea of the=operation is to sell the apartment at a discounted price of €12 mil=ion against the option
to buy it back in 4 years for €14 Million.&n=sp; The company owning the apartment has €7 million of Debt on i= and
provided the bank is ok (which should be the case), the buyer will onl= have to pay €5million and the transfer tax on the
transaction shou=d be limited to below €200,000 as on y applicable on €3 mil=ion.
The buyer will have free unlimited use of the place for the d=ration of the ownership.
Hence the investor is either going to getrback €7 million on a €5 million investment over 48 months o= if I do not buy
make a huge upside on the value of the apartment in 2020.<=r> WHAT IS INCLUDED: All the furniture, china, linens,
knives & fork=, books and art are included in the price. Except Paintings. The apartment i= ready to move in.
This is both a good financial deal and a gr=at pleasure deal provided one wants to come to paris regularly.
I h=ve not put the transaction on the market; This is of course very confidenti=l.
Please tell me your thoughts;
Peace.
Alexandre
EFTA_R1_01321472
EFTA02348012
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