From: Boris Nikolic To: "Jeffrey Epstein ([email protected])" <[email protected]> Subject: FW: OFFER: 137 Duane St., 3A Date: Thu, 30 Jan 2014 16:22:54 +0000 See below - a developer is Evan Seidan. All previous interaction was with him through Steve Gold of Town. Evan knows that I was planning a bid. Evan Seiden Chief Executive Officer Summit Equities LLC http://www.summitequitieslIc.com/home Office: Mobil Email: A women now working on it is Andrea Wilson Summit Equities LLC 3 Columbus Circle, Suite 1430 New York, NY 10019 Please note below a trail of a previous bids — I started it (through Steve) at 5.9M and from there raised at 6.25M. He would agree at 6.65M but I did not accept it. He was telling that he has another offer at that price and will accept it — it never happened. This was 4 months ago. He current ask is 6.85 — I am sure that right now you could get it for 6.5M if not less. Yesterday I got an addition info — a friend of mine is a good friend with some guy Pitchy (spelling) that owned many building in Tribeca. It turns out that he was helping Evan and Summit Equities to acquire that building. He knew many details immediately. He said that the building is old but in a good condition. There are some problems such as electrical is not up to the code. Also he mentioned that noise installation is not the best. Also something with old air vents. Also he said that there are many old people leaving forever in these rent control apartments (half of units in that building) that he does not see easily moving out. As developers owns almost half of Units it is almost impossible to get a bank loan. All of these reasons demanding that price per sq feet must be significantly lower than sounding comps. He think that if I like apartment there is no major structural/other problems that would prevent. EFTA00706157

Nevertheless, his major concern was slightly different — he is claiming that there are at least 8-10 development in that area that are coming on the market in a year or two — including some large block large building with hundredths of apartments. He thinks that although a market is right now very hot, that supply will shortly exceed demand and induce price correction. If developer would sell it at lower price, it might be still an opportunity. From: Steven Gold [mailto: Sent: Tuesday, October 22, 2013 2:00 PM To: Boris Nikolic; Sam Jaradeh Subject: Fwd: OFFER: 137 Duane St., 3A 1 See below TOWN 110 Fifth Avenue, 6th Fl. New York, NY 10011 Office: Mobile Email: My Listings: http://www.townrealestate.com/profile/804-steven-gold Sent from my iPhone Begin forwarded message: From: Evan Date: October 22, 2013 at 4:58:33 PM EDT To: Steven Gold < Subject: RE: OFFER: 137 Duane St., 3A $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: EFTA00706158