8
Shared Docs
8
Same-Page
12 / 8
Mentions
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
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
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
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
• 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
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
• 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
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
ther Gray <I Subject: Giacometti update Date: February 15, 2017 at 3:57:49 PM EST To: Richard Kahn < Hi Rich, I just spoke with Ealan Wingate at Gagosian. He said that the potential buyer of the Giacometti is now satisfied with the condition of the work and is prepared to move forward with the purchas
ould let me know as soon as there was any movement. I just emailed Leon this same info in case he speaks with Jeffrey. I don't have any info on the Braque. Leon said last week that a deal was "close," but I don't know who is selling it or who the potential buyer is. I assume Leon is communicating direc
Leon, Jeffrey would 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 hum
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
the certificate of authenticity =ntil they have received payment. Lastly, I believe Leon has passed this info along to =effrey, but just so you know Gagosian says they are "close"=with a buyer. My understanding is that the gross purchase price =s $30 million with a $2 million commission to EFTA_R1_013271
on the Braque, and he told me to put it on =old for now. If Jeffrey is ready to have it shipped somewhere, =lease just let me know. As you know, the Braque is still at Gagosian NY. I'm back in =he office if you'd like to discuss any of this. Best, Heather Heather Gray Elysium Management LLC 2 EFT
ray Subject: =/b>Giacometti =pdate Date: =/b>February 15, 2017 at 3:57:49 PM =ST To: =/b>Richard Kah Hi Rich, I just =poke with Ealan Wingate at Gagosian. He said that the potential buyer =f the Giacometti is now satisfied with the condition of the work and is =repared to move forward with the purchas
ould =et me know as soon as there was any movement. I just emailed Leon this =ame info in case he speaks with Jeffrey. I =on't have any info on the Braque. Leon said last week that a deal was =close," but I don't know who is selling it or who the potential buyer =s. I assume Leon is communicating direc
Entities connected to both Larry Gagosian and Braque

Jeffrey Epstein
PERSONHeather Gray
PERSONHeather deManbey
PERSON
Marc Rich
PERSONElysium Management LLC
ORGANIZATION
Pablo Picasso
PERSONPeggy Siegal
PERSON
Giacometti
PERSON
Chris Christie
PERSON
Richard Kahn
PERSONLeon Black
PERSON
Michael Cohen
PERSON
Barry Diller
PERSON
Brad Wechsler
PERSON
Woody Allen
PERSON
Narrows
ORGANIZATION
Eric Trump
PERSON
Prince Andrew
PERSONAP Narrows LP
ORGANIZATION
Abraham Lincoln
PERSON