Epstein Secrets

0 21,500.000 0 AP Narrows LICHTENSTEIN, ROY Nude with Abstract Painting 4,300.000 25,000.000 20.700,000 20,700.000 0 Narrows (Collateral) PICASSO, PABLO Buste de femme 9,500.000 30.000.000 20.500,000 20,500.000 0 Narrows (Collateral) MUNCH. EDVARD Melancholy 11.000.000 30.000.000 1

750 0 0 0 Narrows CEZANNE, PAUL Bouteilles, Pots, Rechaud a Alcoa, Pommes - 10% undivided interest (pd no sales tax because Narrows traded-in Braque at 5 for 10% undivided interest in Cezanne worth 5) 5.000.000 5.000.000 0 0 0 Narrows CHUN, KWANG YOUNG Aggregation 05-J003' 125.000 125.

. If a buyer is not found for the Mondrian, the LDB 2011 LLC has identified a Schiele (the same one identified on the AP Narrows exchange above), a Picasso (Nue Endormie) and a Braque (Le Gueridon) as alternative works to be potentially used in the exchange in the combinations shown on the spreadsheet.

e both raise holding period questions. The Picasso is owned by APO-01, so it would have to be distributed to the LDB 2011 LLC before being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then co

. If a buyer is not found for the Mondrian, the LDB 2011 LLC has identified a Schiele (the same one identified on the AP Narrows exchange above), a Picasso (Nue Endormie) and a Braque (Le Gueridon) as alternative works to be potentially used in the exchange in the combinations shown on the spreadsheet.

e both raise holding period questions. The Picasso is owned by APO-01, so it would have to be distributed to the LDB 2011 LLC before being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then con

. If a buyer is not found for the Mondrian, the LDB 2011 LLC has identified a Schiele (the same one identified on the AP Narrows exchange above), a Picasso (Nue Endormie) and a Braque (Le Gueridon) as alternative works to be potentially used in the exchange in the combinations shown on the spreadsheet.

e both raise holding period questions. The Picasso is owned by APO-01, so it would have to be distributed to the LDB 2011 LLC before being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then co

. If a buyer is not found for the Mondrian, the LDB 2011 LLC has identified a Schiele (the same one identified on the AP Narrows exchange above), a Picasso (Nue Endormie) and a Braque (Le Gueridon) as alternative works to be potentially used in the exchange in the combinations shown on the spreadsheet.

e both raise holding period questions. The Picasso is owned by APO-01, so it would have to be distributed to the LDB 2011 LLC before being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by EFTA00815395 Narrows to L

. If a buyer is not found for the Mondrian, the LDB 2011 LLC has identified a Schiele (the same one identified on the AP Narrows exchange above), a Picasso (Nue Endonnie) and a Braque (Le Gueridon) as alternative works to be potentially used in the exchange in the combinations shown on the spreadsheet.

e both raise holding period questions. The Picasso is owned by APO-01, so it would have to be distributed to the LDB 2011 LLC before being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then co

0 160,500 160,500 0 Noel Calb GERICAULT. THEODORE Leda and the Swan 4/13/16 10/26/11 963,000 1,088,750 (125,750) 0 (125,750) APO-01 PICASSO, PABLO The Three Graces 2/10/16 6/17/13 245,000 244,969 31 31 0 Narrows SEVERINI, GINO L'autobus 2/3/16 1/8/07 601,013 1.418,229 (817

L'autobus 2/3/16 1/8/07 601,013 1.418,229 (817,216) 0 (817,216) 38,184,892 13,171,871 25,013,021 26,341,509 (1,328,488) 'Giacometti and Braque were each sold as part of 1031 exchanges, so the gain realized on the sale of each work will not be recognized until the Cezannes acquired in the ex

ould like your input on Chenue, the warehouse where the Giacometti is currently being stored in Paris. Chenue is the warehouse that Gagosian and the Picasso family both use. Diana and I have spoken with the warehouse manager and reviewed their facility report regarding temperature and humidity controls a

be asking Gagosian for an update again tomorrow (the gallery is closed today) and will let you know what they say. I also asked Leon again about the Braque and he said he would discuss it with Jeffrey. Attached and below is information about the warehouse in Paris where the Giacometti is currently in s