Re:
Jeffrey
How are you?
The therapy seems to be working. The doc has also been upping the doses.
Side effects are what they are. If you need some fuel for your jet Ive got extra gas.
The storage facility called me last week to ask if I am going forward with the deal they agreed to. I am attaching a previous email below regarding the artwork. On that note, the values for Basquiat works on paper were very good during the spring auctions.
Please let me know. The storage warehouse told me to pay or the deal is off the table.
Thank you for being you.
All the best,
Mark
ARTWORK STORAGE INFO
The Storage facility will give a year of future storage (value $2800) and payoff of $ 6300 owed for a single payment of $ 7000. (Savings $2100)
Photography costs for slides for Authentication Committee $2700.
Application fee for Authentication Committee $ 1800 ($100 per work X 18)
Total $11,500
The idea stems from our conversation in your house when you were discussing that you wanted to help with long term planning and the kids etc... I told you that I want to be open kimono and that this asset exists.
This asset is ideally for Toby and the kids. G-d willing they will not need it for many years. I think that it will continue to increase in value and is better not sold as long as possible. I was not planning on selling to raise cash, but rather hold it like insurance.
If you did want to think about long term planning, it is lessened by the value of this asset.
Call me if you want to discuss.
Mark
is the idea to evalutate it and pay this money back, i just want to be clear.
