EFTA02471100.pdf

From: Joe Avantario Sent: Wednesday, March 9, 2016 10:27 PM To: Richard Joslin; Jeffrey Epstein Subject: RE: Artspace Murphy estimated 201= book loss for Artspace go be ($3.4mm) Total cost basis of Ar=space as of 12.31.15 is $8.5mm loans and equity. This cost basis was in=reased to $9.5MM as of March 2016. From: Richard Joslin Sent: Wednesday, March 09, 2016 5:02 PM To: Jeffrey Epstein <[email protected]> Cc: Joe Avantario Subject: Artspace In 2014, LDB claimed a tax loss for Artspace of $974=378 — this was loss from operations 1 EFTA_R1_01582554 EFTA02471100