📄 Extracted Text (702 words)
To: Jeffrey [email protected]]
From: Cecile de Jongh
Sent: Fri 6/21/2013 4:22:59 PM
Subject: Re:
I will send you a draft before I send it to Andrew.
With warm regards,
Cecile
Sent from my iPhone
On Jun 21, 2013, at 11:29 AM, Jeffrey Epstein <jecvacationii umail.com> wrote:
Ok , you send to Andrew please
On Friday, June 21, 2013, Cecile de Jongh wrote:
ok
2. IGY agrees to renegotiate the Management Agreement as
well as pay us the $2.5M for the overpayment on the purchase
price, the $250K owed, the $180K error from six years ago and
the leasing commissions "earned" on defaulted tenants. .
With warm regards,
Cecile
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From: Jeffrey Epstein <[email protected]>
To: Cecile de Jongh <[email protected]>
Sent: Friday, June 21, 2013 10:25 AM
Subject: Re:
no the 2.5 overpayment the 180 error 6 years ago. plus interst, plus leasing
commisions not really earned as the tenat they chose and verified as finally
able defaulted.
On Fri, Jun 21, 2013 at 10:19 AM, Cecile de Jongh <[email protected]>
wrote:
Jeffrey
I am not sure what the $180K refers to - please clarify.
I might say something like this as well:
There are $4.5M in fees that have been paid out over the
past six years that have allowed you to take almost 100%
of your investment out of this deal. Additionally, this was
a non-arms length transaction which makes the level of
these fees inappropriate.
1 IGY returns my investment plus interest, and we are
only tenants. at fair market. SEEMS LIKE THE BEST
OPTION
2. igy pays us 2.5 for the overpayment plus 250 owed.
for a total of 3 millon and we stay as is. ARE YOU
INCLUDING THE INTEREST NOTED ABOVE ($180K)
TO GET TO THE $3M? TO GO WITH THIS OPTION,
WE WOULD ABSOLUTELY NEED TO RENEGOTIATE
THE MANAGEMENT AGREEMENT.
3. Igy that has already taken out all its equity walks away, leaves
us with the million in cash , and we take over. I LIKE
THIS OPTION AS WELL. WITH THE $700K IN
MANAGEMENT FEES THAT THEY WERE TAKING
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OUT PLUS THE $1M, YOU COULD DEAL WITH THE
DEFERRED MAINTAINANCE ISSUE OVER THE
SHORT TERM.
With warm regards,
Cecile
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power." — Abraham Lincoln
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From: Jeffrey Epstein <[email protected]>
To: Cecile de Jongh <[email protected]>
Sent: Thursday, June 20, 2013 2:16 PM
Subject:
as I sec it there arc three fair AYH solutions . I it appears we overpaid by a
total of 5 million as part of the sun purchase. in addtion there is a
180 owed with interest . plus the addditonal leaseing issues etc.
I IGY returns my investment plus interest, and we arc only tenants. at fair
market.
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Jeffrey Epstein
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