EFTA02395401.pdf

From: Sent: Monday, December 9, 2013 8:13 PM To: [email protected] Subject: Re: The=e is a lot of activity and market is strong - not back to 2007 level but c=osing in. Usually 125 sales per year, already 230. Usually 250 houses for =ale, now around 120. There is a limited inventory at all levels and there =re buyers in market at all levels. With a few exceptions what is still uns=ld has been seen and passed on either for price or flaw. On low end, north=end dry lots are now bringing $150 per square foot - the peak was $1=5+). On higher end, a newish lakefront can bring $1500- $2000 =sf of finished space Chas Johnson paid $42M for 1220 SOB (Swanson's spec) which as 22,000 s=. Former Swanson spec (then Hammond) at 1275 SOB (just south of Petterfy) =17,000 sf on 200' -closed last week at $28.5M (really $31 with commissions=and "furniture") sold to Jeff Lurie (Phila Eagles) and Frisbie lakefront s=ec at 445 Antigua -16,000 sf- (see below ) is under contract @ $32+M (aske= $35.9). So 3 lakefront sales above $30 this year. The spec redo of Vera's house (630 SOB) listed by Linda Gary asked $52= now asks $49. Way overpriced for "across the street" from ocean. (Compare=the Swanson spec at 101 El Bravo started out at $44 ask in 2010, now askin= $37, rejected $30. Rumors are that Dwight Schar (Casa Apava - ex Perlman) has a deal in w=rks to sell Casa Apava to an equity fund for north of $100. Seems likely that something (ex Gosman, Jim Clark, Schar, Kramer) will=go for $100+ this season. On direct ocean, only Halle (ex Schulhof) offered in the $40s&nb=p;and Castle (ex Kennedy) not yet priced (probably $50) - both Moe=s. I am ok. How's by you? $35,900,000FEATUREO 445 Antigu <http://www.corcoran.com/florida/Listin=s/Display/2799580> a - under contract riginal Message From: Jeffrey Epstein <[email protected]> To: pawl prosperi > Sent: Mon, Dec 9, : am what does the market look like, it appears weaker to=me than i thought. linda gary has vera s old house on el brill=. what was the dispoisiont of swanson house? how are you= *•********•**•*** ***** ***** ********* ***************** **4.** The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_01426542 EFTA02395401