<table><tr><th>From:</th><th>Richard Kahn</th></tr><tr><td>Sent:</td><td>Tuesday, May 19, 2015 321 PM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Subject:</td><td>Amid boom, fears of too many $20 million Manhattan apartments</td></tr></table>

h=tp://www.marketwatch.com/story/amid-boom-fears-of-too-many-20-million-man=attan-condos-2015-05-14

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

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