From: Richard Kahn Sent: Friday, August 11, 2017 8:57 PM To: jeffrey E. Subject: David Mitchell i just spoke with David Mitchell updates are =s follows: Provenance David =s chasing sotheby's individual who did original valuation in =009/2010. David said he is currently in London for a sale but will =ontinue to chase him. I asked him why he has not =etrieved through box search as this would have been required for 706 =ax return yet he had no answer.. Outstanding =ebt David said he is not promising =ut his goal is to pay back 50% of 1,500,000 loan by August 31st and the =inal 50% by September 30th - he did not disclose source of funds and i =id not press.. Did not offer any other information =nd was hesitant to commit to anything 82nd Street There =ere 3 showings this week with only 1 potential live customer Bruce willis was sent arch plans for stairway in penthouse =ut has not yet responded Investor (who is doing a =031 exchange) is negotiating with David for 2 units to be guaranteed a =% return (for 24 months) on 6,000,000 per unit or 300,000 + another =0,000 for common charges (4,200 per month) Investor =ill be responsible for 3300 per month of real estate taxes David said the =onstruction without the maisonette will be completed by early September =nd all kitchens are being installed next week The =aisonette will take longer as they are installing a greenhouse and need =dditional approvals to summarize a lot of balls in the air but only 1 of 6 units =n contract... Richard Kahn HBRK Associates Inc. 575 =exington Avenue 4th Floor New York, NY 10022 tel fax 212-320-0381 cell EFTA_R1_01387311 EFTA02377090