EFTA02011883.pdf

To: [email protected][jeev aca [email protected]]; jeevacation mail.com '[email protected]] From: Sent: Wed 10/5/2011 8:11:57 PM Subject: Jerome Fisher - Wash Post Dan Snyder buys 224-foot "super" yacht By The Reliable Source Dan Snyder's recently acquired yacht, the Lady Anne, photographed at Cap Ferrat, France. (Peter Seyfferth TheYachtPhoto.com) Redskins owner Dan Snyder has added another jewel to his crown: The Lady Anne, a 224-foot "superyacht" purchased for the bargain price of $70 million, give or take a few million. The sale is big news in the luxury yacht market: The Lady Anne is one of the 100 largest yachts in the world, according to Power & Motoryacht magazine, and one of the most beautiful. Big news for Washington, too: Despite all the multimillionaires in the nation's capital, few have yachts — and none with the extravagant luxury of the Lady Anne. Snyder in January 2011. (Matt McClain/The Washington Post) Think Bond movie, or a sun-drenched love boat for Jay-Z and Beyonce. The Lady Anne "epitomizes opulent modem living," boasts Burgess Yachts, the London-based company that offers charters on the boat, on its Web site. 'A magnificent spiralling five-storey staircase leads you to the spacious decks, be it the comfort of the main salon, the fabulously appointed theatre room or the light and airy upper salon for a pre-dinner cocktail." The master suite has 'rare, pure white triple A-grade Thassos marble." The yacht features a library, gym and six staterooms that can accommodate 16 people (not counting the crew of 18). Snyder's spokesman, Tony Wyllie. said Snyder bought the Lady Anne with a group of investors but did not disclose the partners' names. The sellers live in Palm Beach, Fla., so it's a good guess that Dwight Schar — Snyder's close friend, a minority owner in the Redskins and a Palm Beach resident — might be involved in the deal. (Schar didn't return our calls.) Wyllie did not say whether the yacht was intended for Snyder's personal use or as an investment, but noted it had nothing to do with the Redskins franchise. He declined to comment on the purchase price. But, hey, Snyder can afford it. The Redskins are the second-most valuable franchise in the NFL, and he's thrown plenty of money at worse deals: Snyder forked over some $40 million to defensive lineman Albert Havnesworth during his two lackluster seasons with the team. Snyder, left, with Dwight Schar in Philadelphia in 2009. (John McDonnell/The Washington Post) The Lady Anne was custom-made for Jerome and Anne Fisher in 2006 and apparently named after her. They spared no expense on what is regarded as one of the best-designed mega-yachts in existence. Fisher co-founded the shoe company Nine West and sold his interest to Jones Apparel Group for $885 million in 1999. The couple lived the grand life in Palm Beach until 2008, when they lost $150 million in the Bernie Medoff investment scandal, reported the New York Post. The Fishers, who spent last month cruising on the Lady Anne off the coast of France, did not respond to requests for comment about the sale. Lady Anne went on the market early this year with an asking price of $86 million. "The owners were intimately involved in every aspect of the design. . . using rosewood, Macassar ebony, goatskin parchment, and more. These, plus period furnishings and modem pieces, echo the feel of early 20th century ocean liners," wrote Mega Yacht News in February. In August, Burgess and Merle Wood & Associates said the boat had been sold but did not disclose the sale price. (Yacht experts estimate the sale was in the neighborhood of $70 million — about half the amount it cost to build the boat.) A representative for Merle Wood told us, "Unfortunately, due to confidentiality clauses in the contracts, we cannot comment' No word when we'll see the yacht in the waters near the District. The Lady Anne is registered in the Cayman Islands: Burgess is offering it for charters in the Mediterranean. For how much? If you have to ask, you probably can't afford it. . . unless you're a friend of Dan. EFTA_R1_00513650 EFTA02011883