<table><tr><th>From:</th><th>Richard Kahn</th></tr><tr><td>Sent:</td><td>Friday, August 11, 2017 8:57 PM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Subject:</td><td>David Mitchell</td></tr></table>

i just spoke with David Mitchell updates are =s follows:

## Provenance

David =s chasing sotheby's individual who did original valuation in =009/2010. David said he is currently in London for a sale but will =ontinue to chase him.

I asked him why he has not =etrieved through box search as this would have been required for 706 =ax return yet he had no answer..

## Outstanding =ebt

David said he is not promising =ut his goal is to pay back 50% of 1,500,000 loan by August 31st and the =inal 50% by September 30th - he did not disclose source of funds and i =id not press..

Did not offer any other information =nd was hesitant to commit to anything

## 82nd Street

There =ere 3 showings this week with only 1potential live customer Bruce willis was sent arch plans for stairway in penthouse =ut has not yet responded Investor (who is doing a =031exchange) is negotiating with David for 2 units to be guaranteed a =% return (for 24 months) on 6,000,000 per unit or 300,000 + another =0,000 for common charges (4,200 per month) Investor =ill be responsible for 3300 per month of real estate taxes

David said the =onstruction without the maisonette will be completed by early September =nd all kitchens are being installed next week

The =aisonette will take longer as they are installing a greenhouse and need =dditional approvals

to summarize a lot of balls in the air but only 1 of 6 units =n contract...

Richard Kahn
HBRK Associates Inc.
575 =exington Avenue 4th Floor
New York, NY 10022
tel
fax 212-320-0381
cell

## 82nd Street (cont.)

On Aug 10, 2017, at 5:06 PM, David Mitchell <djm@mitchellholdings.com> wrote:

I will , as =oon as I know tomorrow
Might have good news on outstanding debt as =ell

DAVID MITCHELL
Mitchell Holdings LLC
745 Fifth Avenue, 5th Floor
New York NY 10151
USA
1212-486-4444
djm@mitchellholdings.com

From: "Richard com>" <richardkahn12@gmail.com> Date: Thursday, August 10, =017 at 5:05 PM To: David Mitchell <djm@mitchellholdings.com> Subject: Re: Appraisal Copy =equest

provenance info?
sotheby's valuation?

please advise when we will receive
thank you

Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, =Y 10022
tel 212-971-1306
fax =12-320-0381
cell 917-414-7584

On Aug 9, =017, at 2:54 PM, David Mitchell <djm@mitchellholdings.com> =rote:

will do
...................................
DAVID MITCHELL
...................................
Mitchell Holdings =LC

## 82nd Street (cont.)

801 Madison Avenue
New York NY 10065
USA
1212.486.4444
djm@mitchellholdings.com

On Aug 9, 2017, at 2:39 =M, Richard Kahn <richardkahn12@gmail.com <mailto:richardkahn12@gmail.com» wrote:

still waiting on provenance info?? seems odd that sotheby's is taking so long.. please send insurance company report as well thank you

Richard Kahn
HBRK Associates Inc.
575 =exington Avenue 4th Floor
New York, NY 10022
tel 212-971-1306
fax 212-320-0381
cell 917-414-7584

On Aug 3, =017, at 7:44 AM, David Mitchell <djm@mitchellholdings.com> =rote:

It was part =f the Estate , this is two items out the whole Digging through boxes, looking for it parallel =fforts

In addition insurance =ppraiser will complete his work next week

DAVID MITCHELL

Mitchell Holdings =LC
801 Madison Avenue
New York NY 10065
USA
1212-486-4444
djm@mitchellholdings.com

## 82nd Street (cont.)

<mailto:richardkahn12@gmail.com> > wrote:

David i am confused as we =ere told this was part of the estate and expected a

number today

Not sure what happened as this letter to Sothebys could have =een sent last

week if you had nothing...

Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, =Y 10022
tel 212-971-1306
fax =12-320-0381
cell 917-414-7584

On Aug 3, =017, at 6:46 AM, David Mitchell <djm@mitchellholdings.com> =rote:

They need a =ew days,

DAVID MITCHELL

Mitchell Holdings LLC
745 Fifth =venue, 5th Floor
New York NY 10151
USA
<change><s>1212-486-4444</s> </change>
djm@mitchellholdings.com

From: David Mitchell <djm@mitchellholdings.com>
Date: Wednesday, August 2, =017 at 11:41 AM
To: "Elizabeth.Proctor@sothebys.com" <Elizabeth.Proctor@sothebys.com>
Subject: Appraisal Copy =equest

Good morning,

Please find attached letter =equesting a copy of an appraisal done in 2010.

Thank you so much,

## 82nd Street (cont.)

## DAVID MITCHELL

Mitchell =oldings LLC
801 Madison =venue
New York NY 10065
USA
1212-486-4444
djm@mitchellholdings.com <mailto:djm@mitchellholdings.com>
<Appraisal Copy Request_8.2.17.pdf>

<=div>