Epstein Secrets

I said that a gallery carried little to no risk on the sales tax side, but I reminded him that he had not wanted to use a gallery last year for the Calder because of confidentiality reasons. He said to use the same exchange agent as before, which made sense to me because he was extremely concerned abo

ent has no money. I think this is a valid concern and that we should agree to it. However, Ada just reminded me that it is possible that Narrows/AP Narrows (really, Leon's) agreeing to effectively guarantee payment by the assignee might be considered a gift to the assignee. In the discussions with Alan

a, the kids, or family trusts including APOI and APO2. Gagosian wants us to agree that, if Narrows/AP Narrows assigns the agreement to someone else, Narrows/AP Narrows "shall not be discharged from its liabilities under this Agreement and shall remain primarily liable to Seller." Larry is concerned that

chard Joslin Subject: question re: possible 1031 Date: Wed, 15 Apr 2015 13:33:53 +0000 Good morning, Jeffrey, Narrows Holdings LLC is consigning a Calder mobile to Christie's for their May 11th Looking Forward to the Past sale. Leon bought the Calder from PaceWildenstein in 2009 for $3,758,125 (includ

er from PaceWildenstein in 2009 for $3,758,125 (including NY sales tax) and transferred it to Narrows as part of the 2012 contribution of all art to Narrows that Ralph prepared. Christie's is giving Narrows a guarantee of $6.5 million, plus 80% of any overage (the amount of the hammer price above $6.5 mi

Looking Forward to the Past sale. Leon bought the Calder from PaceWildenstein in 2009 for $3,758,125 (including NY sales tax) and transferred it to Narrows as part of the 2012 contribution of all art to Narrows that Ralph prepared. Christie's is giving Narrows a guarantee of $6.5 million, plus 80% of a

in ([email protected])" [email protected]> Cc: Brad Wechsler ›, Richard Joslin Good morning, Jeffrey, Narrows Holdings LLC is consigning a Calder mobile to Christie's for their May 11 th Looking Forward to the Past sale. Leon bought the Calder from PaceWildenstein in 2009 for $3,758,125 (inclu

er from PaceWildenstein in 2009 for $3,758,125 (including NY sales tax) and transferred it to Narrows as part of the 2012 contribution of all art to Narrows that Ralph prepared. Christie's is giving Narrows a guarantee of $6.5 million, plus 80% of any overage (the amount of the hammer price above $6.5 m

Looking Forward to the Past sale. Leon bought the Calder from PaceWildenstein in 2009 for $3,758,125 (including NY sales tax) and transferred it to Narrows as part of the 2012 contribution of all art to Narrows that Ralph prepared. Christie's is giving Narrows a guarantee of $6.5 million, plus 80% of an

at 3:02 PM Subject: RE: To: "jeffrey E." <[email protected]> Hi Jeffrey, As you will recall, we used this same exchange agent last year on the Calder 1031. At the time, we discussed the merits of using a gallery versus a commercial exchange agent and my recommendation to Leon was to use a gallery.

a, the kids, or family trusts including APO1 and APO2. Gagosian wants us to agree that, if Narrows/AP Narrows assigns the agreement to someone else, Narrows/AP Narrows “Shall not be discharged from its liabilities under this Agreement and shall remain primarily liable to Seller.” Larry is concerned that w

ent has no money. | think this is a valid concern and that we should agree to it. However, Ada just reminded me that it is possible that Narrows/AP Narrows (really, Leon’s) agreeing to effectively guarantee payment by the assignee might be considered a gift to the assignee. In the discussions with Alan a