David Mitchell
Good morning,
Please find attached letter requesting a copy of an appraisal done in 2010.
Thank you so much,
They need a few days,
DAVID MITCHELL
Mitchell Holdings LLC
745 Fifth Avenue, 5th Floor
New York NY 10151
USA
1212-486-4444
djm@mitchellholdings.com
David i am confused as we were told this was part of the estate and expected a number today.
Not sure what happened as this letter to Sothebys could have been sent last week if you had nothing...
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
tel 212-971-1306
fax 212-320-0381
cell 917-414-7584
It was part of the Estate, this is two items out the whole. Digging through boxes, looking for it parallel efforts.
In addition insurance appraiser will complete his work next week.
DAVID MITCHELL
Mitchell Holdings LLC
801 Madison Avenue
New York NY 10065
USA
1212-486-4444
djm@mitchellholdings.com
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 Lexington Avenue 4th Floor
New York, NY 10022
tel 212-971-1306
fax 212-320-0381
cell 917-414-7584
will do
DAVID MITCHELL
Mitchell Holdings LLC
801 Madison Avenue
New York NY 10065
USA
1212.486.4444
djm@mitchellholdings.com
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, NY 10022
tel 212-971-1306
fax 212-320-0381
cell 917-414-7584
I will, as soon as I know tomorrow. Might have good news on outstanding debt as well.
DAVID MITCHELL
Mitchell Holdings LLC
745 Fifth Avenue, 5th Floor
New York NY 10151
USA
1212-486-4444
djm@mitchellholdings.com
i just spoke with David Mitchell updates are as follows:
Provenance
David is chasing Sotheby's individual who did original valuation in 2009/2010. David said he is currently in London for a sale but will continue to chase him.
I asked him why he has not retrieved through box search as this would have been required for 706 tax return yet he had no answer..
Outstanding Debt
David said he is not promising but his goal is to pay back 50% of 1,500,000 loan by August 31st and the final 50% by September 30th - he did not disclose source of funds and I did not press..
Did not offer any other information and was hesitant to commit to anything
82nd Street
There were 3 showings this week with only 1 potential live customer Bruce Willis was sent arch plans for stairway in penthouse but has not yet responded Investor (who is doing a 1031 exchange) is negotiating with David for 2 units to be guaranteed a 5% return (for 24 months) on 6,000,000 per unit or 300,000 + another 30,000 for common charges (4,200 per month) Investor will be responsible for 3300 per month of real estate taxes
David said the construction without the maisonette will be completed by early September and all kitchens are being installed next week
The maisonette will take longer as they are installing a greenhouse and need additional approvals
to summarize a lot of balls in the air but only 1 of 6 units in contract...