From: Richard Kahn <
Sent: Thursday, May 3, 2018 1:06 PM
To: jeffrey E.
Subject: Re: 82nd street

i would like to do more thorough analysis once he sends me =eal numbers not a summary please advise thank you

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

On May 3, 2018, at 9:01 AM, jeffrey E. <jeevacation@gmail.com> wrote:

put it quesiton form

On Thu, May 3, 2018 at =:00 AM Richard Kahn > wrote:

this summary =heet is useless and David is clearly lost...

quick summary:

	a) no costs are shown to =ate and what remains open..

	b) no monthly carrying =osts..

c) it appears from sales scenario of 36mm =otal sales (which i think still may be to high by 5-6%) we get back $0 on our $3,480,000 investment

	d) =avid prioritizes notes payable which is probably him to equity which is =rong...

	e) no detail on how loans payable =rew from 25mm to 31.8mm

i hope we do not have any liability as we are 50% of the =anager..

Begin forwarded message:

*   **From:** David Mitchell
*   **To:** Richard Kahn
*   **Subject:** Re: Two snapshots
*   **Date:** May 3, 2018, at 8:36:16 AM EDT
*   David Mitchell works at Mitchell Holdings =LC located at 745 Fifth Avenue, New York NY 10151 USA.
*   Richard Kahn wrote an email on May 3, 2018, at 8:35 AM.

please send entire projection including construction =osts previous budgets were 2 pages and this does not =ell me much thank you

Richard Kahn
HBRK =ssociates Inc.
575 Lexington Avenue 4th =loor
New York, NY 10022
█████████████████████
█████████████████████
█████████████████████

Begin forwarded message:

From: =/b>David Mitchell <

Subject: =/b>Two snapshots

To: =/b>"Richard Kahn =It

## Please find two cases,

Obviously I would like to exceed these but the market =as considerable weakness since the

investment

=

From: Richard Kahn
Date: May 2, 2018 at 3:56:41PM EDT
To: DAVID MITCHELL
Cc: Doug Arnaud
Subject: Re: The Park Mansion - 9.7.16 =REVISED).pdf

david please send as promised as i been asking now for 4 =eeks i do not care how ugly they look however i want to see =umbers...

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

On May 1, 2018, at 9:51 AM, Richard Kahn

wrote:

projections?

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

## Please find two cases, (cont.)

wrote:

- Header 1: "On Apr 26, 2018, at 11:52 AM, David Mitchell <[redacted]>"
- Message text: "Apologize will get it to you"
- Signature block:
  - DAVID MITCHELL
  - Mitchell Holdings LLC
  - 745 Fifth Avenue
  - New York NY 10151
  - USA
- Large black redaction bar present below signature
- Header 2 (below redaction): "On Apr 26, 2018, at 11:45 AM, Richard Kahn <[redacted]>"

wrote:

david it has been 3 weeks since i asked for a 2 page =ash flow projection for

82nd street

please send
thank you

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

On Apr 6, 2018, at 1:04 PM, Richard Kahn wrote:

last version was 1.5 =ears ago - nothing updated since?

## Please find two cases, (cont.)

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

wrote:

Key entities and information:

*   **David Mitchell** of Mitchell Holdings LLC, located at 745 Fifth Avenue, New York, NY 10151, USA, sent an email on Apr 6, 2018, at 12:58 PM and will complete a task this weekend.
*   **Richard Kahn** sent an email on Apr 6, 2018, at 12:37 PM.

final costs..

can you please forward your latest =rojection updated realistic sales prices and

thank you

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

## Please find two cases, (cont.)

>=rote:

has your =rojection been updated since the last one i received? and with new

=ales prices..

can you please =end - thanks

Richard =ahn

HBRK Associates =nc.

575 Lexington =venue 4th Floor

New York, NY =0022

## Please find two cases, (cont.)

<The Park =ansion - 9.7.16 (REVISED).pdf>

Richard =ahn

HBRK Associates =nc.

575 Lexington =venue, 4th Floor

New York, NY =0022

- Image content: solid black rectangle — no visible features or data.
- Likely issue: underexposed, blank/placeholder, or corrupted image.
- Surrounding caption/text: "New York, NY =0022"

<iv style="word-wrap:break-word" class=""></iv>

please note

## Please find two cases, (cont.)

The information contained in this =ommunication is confidential, may be attorney-client =rivileged, may constitute inside information, and is =ntended only for the use of the addressee. It is the =roperty of

JEE

Unauthorized use, disclosure =r copying of this communication or any part thereof is =trictly prohibited and may be unlawful. If you have =eceived this communication in error, please notify us =mmediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this =ommunication and all copies thereof, including all =ttachments. copyright -all rights reserved