EFTA02448721

From: Richard Kahn < Sent: Thursday, May 3, 2018 1:06 PM To: jeffrey E. Subject: Re: 82nd street i would like to do more thorough analysis once he sends me =eal numbers not a summary please advise thank you Richard Kahn HBRK Associates Inc. 575 =exington Avenue 4th Floor New York, NY 10022 On May 3, 2018, at 9:01 AM, jeffrey E. <[email protected]> wrote: put it quesiton form On Thu, May 3, 2018 at =:00 AM Richard Kahn > wrote: this summary =heet is useless and David is clearly lost... quick summary: a) no costs are shown to =ate and what remains open.. b) no monthly carrying =osts.. c) it appears from sales scenario of 36mm =otal sales (which i think still may be to high by 5-6%) we get back $0 on our $3,480,000 investment d) =avid prioritizes notes payable which is probably him to equity which is =rong... e) no detail on how loans payable =rew from 25mm to 31.8mm i hope we do not have any liability as we are 50% of the =anager.. Begin forwarded message: EFTA_R1_01546947 EFTA02448721 From: David Mitchell Subject: Re: Two =napshots Date: May 3, 2018 at 8:36:16 AM EDT To: Richard Kahn Will do DAVID MITCHELL Mitchell Holdings =LC 745 Fifth Avenue New York NY 10151 USA On Ma 3, 2018, at 8:35 AM, Richard Kahn > wrote: please send entire projection including construction =osts previous budgets were 2 pages and this does not =ell me much thank you Richard Kahn HBRK =ssociates Inc. 575 Lexington Avenue 4th =Ioor New York. NY 10022 Begin forwarded message: From: =/b>David Mitchell < Subject: =/b>Two snapshots 2 EFTA_R1_01546948 EFTA02448722 Date: =/b>May 3, 2018 at 5:47:58 AM EDT To: =/b>"Richard Kahn Please find two cases, Obviously I would like to exceed these but the market =as considerable weakness since the investment From: Richard Kahn Date: May 2, 2018 at 3:56:41 PM EDT To: DAVID MITCHELL Cc: Doug Arnaud Subject: Re: The Park Mansion - 9.7.16 =REVISED).pdf david please send as promised as i been asking now for 4 =eeks i do not care how ugly they look however i want to see =umbers... Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 On May 1, 2018, at 9:51 AM, Richard Kahn cl i• wrote: projections? Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 3 EFTA_R1_01546949 EFTA02448723 On Apr 26, 2018, at 11:52 AM, David Mitchell wrote: Apologize will get it to you DAVID MITCHELL Mitchell Holdings LLC 745 Fifth Avenue New York NY 10151 USA On Apr 26, 2018, at 11:45 AM, Richard Kahn ce wrote: david it has been 3 weeks since i asked for a 2 page =ash flow projection for 82nd street please send thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 On Apr 6, 2018, at 1:04 PM, Richard Kahn wrote: last version was 1.5 =ears ago - nothing updated since? 4 EFTA_R1_01546950 EFTA02448724 Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 On Apr 6, 2018, at 12:58 PM, David Mitchell < • wrote: will do this weekend DAVID MITCHELL Mitchell Holdings LLC 745 Fifth Avenue New York NY 10151 USA On Apr 6, 2018, at 12:37 PM, Richard Kahn < wrote: can you please forward your latest =rojection updated realistic sales prices and final costs.. thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York. NY 10022 5 EFTA_R1_01546951 EFTA02448725 On Apr 3, 2018, at =:37 PM, Richard Kahn > =rote: has your =rojection been updated since the last one i received? and with new =ales prices.. can you please =end - thanks Richard =ahn HBRK Associates =nc. 575 Lexington =venue 4th Floor New York, NY =0022 6 EFTA_R1_01546952 EFTA02448726 <The Park =ansion - 9.7.16 (REVISED).pdf> Richard =ahn HBRK Associates =nc. 575 Lexington =venue, 4th Floor New York, NY =0022 <=iv style="word-wrap:break-word" class=""> please note 7 EFTA_R1_01546953 EFTA02448727 The information contained in this =ommunication is confidential, may be attorney-client =rivileged, may constitute inside information, and is =ntended only for the use of the addressee. It is the =roperty of JEE Unauthorized use, disclosure =r copying of this communication or any part thereof is =trictly prohibited and may be unlawful. If you have =eceived this communication in error, please notify us =mmediately by return e-mail or by e-mail to [email protected], and destroy this =ommunication and all copies thereof, including all =ttachments. copyright -all rights reserved 8 EFTA_R1_01546954 EFTA02448728