To: jeevacation@gmaitcompeevacation@gmaitcom] From: Gmax Sent Wed 3/10/2010 12:27:22 AM Subject: Fw: The Real Deal: Bamett in contract to buy Carlton House Title: Fw: The Real Deal: Barnett in contract to buy Carlton House Never heard of these peeps.. — Original Message — From: T Waitt To: Gmax Sent: Tue Mar 09 18:58:24 2010 Subject: Fw: The Real Deal: Bamett in contract to buy Carlton lbuse TW From: Aby Rosen To: T Waitt Sent: Tue Mar 09 15:47:17 2010 Subject: Fw: The Real Deal: Barnett in contract to buy Carlton House Regards. From: gpopkin To: Aby Rosen Sent: Tue Mar 09 18:04:08 2010 Subject: The Real Deal: Barnett in contract to buy Carlton House <bup://www.therealdeaLnet/imaaes/red blaclijogo.git> NEWYORKREALESTATENEWS The article Barnett in contract to buy Carlton House <http:lleo.madmimi.coin/redimetsRaleabc2b74a7d0968938ced864f4570?pa=609533410> has been mailed to you by gpopkinOrfritolding.com Who says: "Err Bamett in contract to buy Carlton House 03/09/2010 <http://go.madmitni.com/redirects/3a1eabc2b74a7(1096893Recd864f4570?pa=609533410> Gary Barnett and the Helmsley Carlton House at 680 Madison Avenue Gary Barnett's Extell Development partnered with investment firm Angelo, Gordon <http://go.inadmitni.com/redirects/fadr49e7986d7e8a070b56de I 48451c6Va=609533410> to buy the Helmsley Carlton House <http://go.madmimi.corn/rcdirccts/e5ce81c62I5d28a2f'c113cOb03c84062?na=609533410> at 680 Madison Avenue for about $170 million from the Helmsley estate, the Wall Street Journal first reported. EFTA_R1_01497432 EFTA02428095

Barnett and Midtown-based Angelo, Gordon are together in contract to buy the 160-unit hotel and apartment building at Madison Avenue between 61st and 62nd streets, which was being marketed by CB Richard Ellis vice chairman Darcy Stacotn, three sources confirmed to The Real Deal. According to one of the sources. the bids were due last Friday, and needed to include a signed contract and a SI0 million deposit. A fourth source, speaking yesterday, said there were six bids made for the property. The retail portion of the building is considered a particularly valuable asset, insiders said. Angelo, Gordon, one of many investors partnering with local players to purchase distressed properties in New York, declined to continent on the sale. CURE and Extell did not immediately respond to calls for comment. The sale was considered a test for the commercial property market. Before the sale, sources said bids were being made at about S150 million. TRD Copyright O 2009 — The Real Deal, Inc. , 158 West 29th Street New York. NY 10001 , 212-260-1332 <htto:llgo.madmimi.contiimages/6095334 I 0/mad mimi.ipg> EFTA_R1_01497433 EFTA02428096