Few points on your last email below in Red Evan Seiden Chief Executive Officer Summit Equities LLC Office: Mobile: Email: From: Steven Gold fmailto: Sent: Tuesday, October 22, 2013 5:17 PM To: Evan Subject: Re: OFFER: 137 Duane St., 3A Thanks. It is not the shape of the lobby that is making the sale difficult,but the issues with the building, rent controlled tenants,They are rent stabilized not controlled have one bought out with others following suit, they are also actually condominiums which I own so the entire property is condo and I happen to rent out 8 of them to tenants who happen to be rent stabilized, potential future litigationthere is absolutely no future litigation of any kind related to this unit and they are not buying any of the rent stabilized units and there is also no future litigation on the building known or contemplated at this time. and tainted image. It is just a matter of if risk is property priced in. Regardless I will relay to my client an let you know. Do you happen to know how many units are owner occupied?If they bought this 11 of 19 would be owner occupied at closing. We are waiting on this answer from an attorney. Thx. Sterling bank, First Republic, and Citi bank are all lenders in the building and happy to introduce your clients to the specific bankers that approved other unit owners in the building for mortgages. TOWN 110 Fifth Avenue, 6th Fl. New York, NY 10011 Office: Mobile: EFTA00669109

Email: My Listings: Sent from my iPhone On Oct 22, 2013, at 4:58 PM, "Evan" < > wrote: $6,650,000 is my counter, that's $1,210 a foot aka STEAL. If I wait till the building lobby work is done in a few months I'll be raising the price to at least $7.25M that's only $1,300 a foot so they're basically getting a huge discount to going to contract now. Even at 7.25M it would still be the cheapest unit in Tribeca for this size.. educate them that they're making money just by buying this. I have an investment I would roll this money into otherwise I wouldn't even sell this low. Evan Seiden Chief Executive Officer Summit Equities LLC Office: Mobile: Email: From: Steven Gold Sent: Monday, October 21, 2013 9:59 AM To: Evan Subject: Re: OFFER: 137 Duane St., 3A Are you going to counter? 60 days closing. TOWN 110 Fifth Avenue, 6th Fl. New York, NY 10011 Office: Mobile: EFTA00669110

Email: My Listings: Sent from my iPhone On Oct 18, 2013, at 2:01 PM, "Evan" < > wrote: would affect closing time frame and time is money can you find out before i counter again thanks On Oct 18, 2013, at 1:12 PM, "Steven Gold" > wrote: Not sure if cash or may finance but regardless, this offer has no contingencies. TOWN 110 Fifth Avenue, 6th Fl. New York, NY 10011 Office: Mobile: Email: My Listings: Sent from my iPhone On Oct 18, 2013, at 1:11 PM, "Evan" > wrote: still very though assuming we got them up farther are they all cash or motgage contingent and to what extent mortgage contingent? Thank you On Oct 18, 2013, at 12:18 PM, "Steven Gold" > wrote: Hi, While the price per square foot is very low compared to the Tribeca aggregate market, the fact remains that it would be difficult to create more bedrooms, which most people looking at this size loft would need/want. It is great space, do not get me wrong, but a lot of the space can be utilized. However, my client still likes it and wishes to try to come to terms. Therefore, my client will increase his offer to $6,250,000. Let us know. Thanks! EFTA00669111