<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Tuesday, April 17, 2018 12:16 PM</td></tr><tr><td>To:</td><td>Stephen Hanson</td></tr><tr><td>Subject:</td><td>Re: Gary.</td></tr></table>

i dont even know the refence? why equinox. ? =C240 it appears from the diligence , that the res=aurant was ego geared -as you said a culinary experinece in a shit h=tel. monies spent as if it were a real place. gearing up=for a real business where most thought it was stillborn. . 4,=A0 doubling down on a losing trade . the good reviews and lack=of follow through only confirm its fundamental flaw. . on the =ook for much too much .

Transcription (as shown):
i dont even know the refence? why equinox. ? =C240 it appears from the diligence , that the res=aurant was ego geared -as you said a culinary experinece in a shit h=tel. monies spent as if it were a real place. gearing up=for a real business where most thought it was stillborn. . 4,=A0 doubling down on a losing trade . the good reviews and lack=of follow through only confirm its fundamental flaw. . on the =ook for much too much .

Restaurant funding - Randy is speaking to=Stacy today on any questions

Email header (partial):
On Tue, Apr 17, 2018 at 8:11 AM, Stephe= Hanson <[redacted]> wrote:

Key entities and points:
- Entities: Equinox, C240, "restaurant", hotel, Randy, Stacy, Stephe= Hanson (sender), date: Apr 17, 2018 8:11 AM
- Tone: strongly negative/critical of the restaurant project
- Main criticisms: ego-driven project; described as "culinary experience in a shit hotel"; excessive spending as if it were a real/place-ready business; perceived as effectively stillborn; "doubling down on a losing trade"; good reviews but lack of follow-through confirms fundamental flaws; project asking for/looking for too much
- Action item: "Restaurant funding - Randy is speaking to Stacy today on any questions"

Restaurant funding - Randy is speaking to=Stacy today on any questions

I do not see where that re=erence is regarding DAVID being supportive- - equinox Mgmt wonder what the= would or could have said

## Sent from my iPad

On Apr 17, 2018, at 8:03 =M, jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@gmail.com» wrote:

if you feel it would be helpful and only if=you feel so I will get you and david on the phone together . a=d try to reduce the finger pointing. so as to move towar=s a sale. did you provide a detailed a=counting of the monies paid out on behalf of the restaurant. ?=C2. detailed. ! I do know that one buyer walked =fter speeaking with barry sternlicht and someone with equinoz

On Tue, Apr 17, 201= at 7:45 AM, Stephen Hanson
> wrote=

DAVID must keep Gary =n this loop - DAVID is not capable to complete these tco issues = said months ago I was concerned that we would need engineers to give sign=offs - Need GARY to drive this

Sent from my iP=d

Begin forwarded message:

## Sent from my iPad (cont.)

From: Gary Zimberg

Date:
To: Stephen Hanson
Subject: RE: Gary.

Yes, today David sent me something saying that=Metropolis now says there is a TR sign off we are missing.=/span>

I asked David to setup a Conf Call... as he doesn't kn=w if the TR needs to be from Guth (the MEP Engineers) or t=e 3rd Party Inspection company. He never set it up.... yet=/span>

I will follow up in the morning.

-----Original Message-----
From: S=ephen Hanson [mailto:s<blackened out>mailto:s
Sent: Monday, April 16, 2018=6:58 PM
To: <blackened out>
Subject: Gary.=/span>

Have they brought you into the loop on th= tco at all?

Sent from my iPad
=/div>

=C2 please note

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please not=

## Sent from my iPad (cont.)

The information contained in this communication is confidentia=, may be attorney-client privileged, may constitute inside information,=and is intended only for the use of the addressee. It is the property o= JEE

Unauthorized use, disclosure or copying of this communicatio= or any part thereof is strictly prohibited and may be unlawful. If you=have received this communication in error, please notify us immediately=by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.co=> , and destroy this communi=ation and all copies thereof, including all attachments. copyright -all=rights reserved

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