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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 contributed by Leon to the 2011 LLC in exchange for membership interests in th
xpect to receive for the works being sold. Larry Gagosian is working on selling the works. • Basis shown
• The "target sale price" shown on the spreadsheets is the net amount AP Narrows and the LDB 2011 LLC expect to receive for the works being sold. Larry Gagosian is working on selling the works. • Basis shown is the actual, non-rounded basis. The Schiele was not subject to sales tax when it was purchased, w
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 contributed by Leon to the 2011 LLC in exchange for membership interests in th
expect to receive for the works being sold. Lany Gagosian is working on selling the works. • Basis shown
• The "target sale price" shown on the spreadsheets is the net amount AP Narrows and the LDB 2011 LLC expect to receive for the works being sold. Lany Gagosian is working on selling the works. • Basis shown is the actual, non-rounded basis. The Schiele was not subject to sales tax when it was purchased, w
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 Leon and then contributed by Leon to the 2011 LLC in exchange for membership
• The "target sale price" shown on the spreadsheets is the net amount AP Narrows and the LDB 2011 LLC expect to receive for the works being sold. Larry Gagosian is working on selling the works. • Basis shown is the actual, non-rounded basis. The Schiele was not subject to sales tax when it was purchased, w
expect to receive for the works being sold. Larry Gagosian is working on selling the works. • Basis shown
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 contributed by Leon to the 2011 LLC in exchange for membership interests in th
• The "target sale price" shown on the spreadsheets is the net amount AP Narrows and the LDB 2011 LLC expect to receive for the works being sold. Larry Gagosian is working on selling the works. • Basis shown is the actual, non-rounded basis. The Schiele was not subject to sales tax when it was purchased, w
expect to receive for the works being sold. Larry Gagosian is working on selling the works. • Basis shown
y, J=ne 30th. I recommend that we handle this payment the same way=we did the first payment — that is, have Leon draw the entire $34.5 =illion from the Bank of America line, transfer the funds to Narrows Holdin=s LLC, and then have Narrows make the payment to Gagosian. Okay with you? Thanks, Heather Heather Gra
draw the entire $34.5 =illion from the Bank of America line, transfer the funds to Narrows Holdin=s LLC, and then have Narrows make the payment to Gagosian. Okay with you? Thanks, Heather Heather Gray Elysium Management LLC 445 Park Avenue Suite 1401 New York, New York 10022 Direct Dial: Fax:
Entities connected to both Bank of America and Larry Gagosian

Jeffrey Epstein
PERSON
Ghislaine Maxwell
PERSON
Marc Rich
PERSONLeon Black
PERSON
Richard Kahn
PERSONHeather Gray
PERSON
Newark
LOCATIONHeather deManbey
PERSON
NEW YORK NY
LOCATION
Donald Trump
PERSON
Paul Morris
PERSON
Pablo Picasso
PERSON
George W. Bush
PERSONElysium Management LLC
ORGANIZATIONPeggy Siegal
PERSON
Prince Charles
PERSON
Harvey Weinstein
PERSON
Alan Dershowitz
PERSON
Michael Cohen
PERSONMaria Farmer
PERSON