<table><tr><th>From:</th><th>Richard Kahn &lt;</th></tr><tr><td>Sent:
To:</td><td>Saturday, December 9, 2017 2:16 PM
Jeffrey Epstein</td></tr><tr><td>Subject:</td><td>Fwd: Update</td></tr></table>

Richard Kahn
HBRK Associates Inc.
575 =exington Avenue, 4th Floor
New =ork, NY 10022
tel: 
fax: 
cel:

Begin forwarded message:

From: =/b>"Igelbrink, Anne" <██████████████████████████>

Subject: =/b>Re: Update

Date: =/b>December 9, 2017 at 9:04:00 AM =ST

To: =/b>Richard Kahn <██████████████████████████>

Cc: "██████████████████████████████████

Dear =ichard

We have not forgotten about Mr. Epstein's =tat but the market for them remains challenging with a very small pool =f potential buyers. The comparable example in the October single owner sale I mentioned below which had a =resale estimate of $300,000-500,000 sold to a single bidder who came in =t the last minute for $200,000 hammer ($250,000 with =remium). When this desk last sold at auction in October 2002 when it was part of the Estate of Ogden Phipps, it made $834,500 =ith premium so a very considerable drop in value.

This is not an isolated incident but a reflection of the =arket for bureau plats at all levels of value. Out of =uriosity, I did a search for bureau plats sold in 2017 both at Christie's and Sotheby's. = Half failed to sell and those that did, largely sold on reserve or at =he low estimate.

Please be assured that I am still seeking a way to sell it on =is behalf, either by private sale or auction. I am watching how =11 of our sales shape up internationally to see if the right opportunity presents itself and =onitoring our buyer wish lists. We may have a potential =onsignment of French furniture here in New York for the spring and if =e win the business, it would present the best opportunity so far to reoffer Mr. Epstein's bureau plat. I will =pdate you once I have word but in the meantime, please don't =esitate to contact me if you wish to discuss this further.

Anne

Sent from my iPhone

On Dec 8, 2017, at 5:07 PM, Richard Kahn < > wrote:

can you please update me on the sale of the desk thank you

Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
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On Aug 11, 2017, at 10:04 AM, Igelbrink, Anne < > wrote:

Rich

Will do, but just want to make sure I =nderstand Mr. Epstein's priorities. Is it most important that =e sells the desk by the end of the year or would he rather wait if there is a better sale or opportunity in early 2018 for him to realize a potentially higher price?

We have a single owner collection sale =his October of largely French furniture which includes a similar desk. =t is by a different maker but the form and decoration will appeal to the same client base. The reception and interest =n that desk will be a good barometer and also could flush out new =rospective buyers for Mr. Epstein's desk for us to pursue for =otential private sale.

The head of the Paris furniture department =ill be here in New York next week and I will speak to him about his =houghts of offering the desk either there or in London.

## Anne

From: Richard Kahn [ h]
Sent: Thursday, August 10, 2017 =:00 <u>PM</u>
To: Igelbrink, Anne <
Subject: Re: Update

please keep us updated on October sale

## Anne (cont.)

thank you
&=bsp;

Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
tel 2███████████
fax 2███████████
cell ███████████

On Aug 4, 2017, at 4:59 PM, Igelbrink, Anne < > =rote:

I am happy to discuss that with my European colleagues. I know some are =urrently on holiday so I may not be able to get an immediate =esponse.

We have a sale this October in New York but it has more of a =oncentration of English furniture. If we were to sell the desk in New =ork, I'd rather wait until we had a critical mass of good French =urniture so that Mr Epstein's desk would get the best =xposure.

Anne

Sent from my iPhone

On Aug 4, 2017, at 12:45 PM, Richard Kahn <█████████████████████> =rote:

should we consider a london sale
please advise what is upcoming on calendar
thanks

Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022

## Anne (cont.)

## Richard

Still working on it but everything really slows down in July and August =ith clients and colleagues on vacation, particularly in Europe. =owever, I wanted to reassure you that it is still very much on my =incl.

Anne

Sent from my iPhone

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Visit www.christies.com <http://www.christies.com/> to explore special =ulti-media sale promotions, browse our illustrated catalogues and leave absentee =ids through LotFinder(R), Christie's online search engine, and register =or Internet bidding with Christie's live(TM).

This message and any attachment are confidential. If you are not the =ntended recipient, please telephone or email the sender and delete the =essage and any attachment from your system. If you are not the intended =ecipient you must not copy this message or attachment or disclose the contents to any other person.

Visit www.christies.com <http://www.christies.com/> to explore special multi-media sale promotions, browse our illustrated =atalogues and leave absentee bids through LotFinder(R), Christie's =nline search engine, and register for Internet bidding with Christie's =ive(TM).

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4

## Richard (cont.)

Visit www.christies.com <http://www.christies.com/> to explore special multi-media sale =romotions, browse our illustrated catalogues and leave absentee bids =hrough LotFinder(R), Christie's online search engine, and register for =nternet bidding with Christie's Live(TM).

This message and any attachment are confidential. If you are not the =ntended recipient, please telephone or email the sender and delete the =essage and any attachment from your system. If you are not the intended =ecipient you must not copy this message or attachment or disclose the =ontents to any other person.