EFTA00619885.pdf

ANALYSIS OF RENTAL AMOUNTS FOR STC OFFICE IN SETTLEMENT NEGOTIATIONS Settlement Current rent Base rent per FTC lease comtemplated reduced Trust Asset Space -per payments being with reduction as Base Rent with an Trust Asset Space -with rent roll with a CPI made by STC under contemplated in the CPI YR CPI Yr approx CPI annual out $6 reduction adjustment Approximate FTC lease settlement points 1 2 adjustment Annual rent $ 155,958 $ 155,958 $ 89,532 $ 79,548 70,624 Months 12 12 12.00 12.00 12.00 Monthly rent $ 12,997 $ 12,997 $ 7,461 $ 6,629 $ 5,885 Square footage 6000 6000 2,800 2,800 Price per Square foot $ 25.99 $ 25.99 $ 31.98 $ 28.41 29.56 30.75 31.98 Reduction $ (6.00) $ (6.00) $ (6.00) Revised price per square ft 25.99 $ 19.99 $ 25.98 $ 22.41 n.n 24.25 25.22 Sq ft 6,000 6,000 2,800 2,800 2,800 Annual rent 155,958 $ 119,958 $ 72,732 $ 62,748 i 70,624 CAM charges 11.44 $ 11.44 11.44 11.44 11.44 Annual CAM 68,640.00 $ 68,640.00 $ 32,032.00 $ 32,032.00 32,032.00 Total cost 224,598 $ 188,598 $ 104,764 $ 94,780 102,656 EFTA00619885  Database: ISLANDGLOBAL Rent Roll Page: 2 Bldg Status: Active only American Yacht HerbOf Date: 2/1/2013 2/1/2013 10:43 AM CIA Monthly Annual Monthly Expense Monthly Future Rent Increases Bldg Id -Suit Id Occupant Name Rent Start Expiration Sett Base Rent Rate PSF Cost Recovery Stop Other Income Cat Date Monthly Amount PSF AYH 433-1 Caribbean Saloon 1/12010 12/31/2014 3,504 6961.10 23.84 3.34048 250.00 AYH -83-3 Financed Trust Co 10/1/2009 9/30/2014 2.800 7243.70 31.04 2,669.33 375.00 BRN 10/1/2013 7,461.01 31.98 AYH -C1-6 Trust Asset Mgmt 1/1/2012 12/31/2014 6,000 12,617.50 2524 5.720.00 175.00 BRN 1/12014 12.996.03 25.99 AYH -C2-2 Cool Signs 6/1/2011 5/31/2015 892 3,493.91 33.17 1,205.01 50.00 SRN 6/1/2013 3.738.48 35.49 BRN 6/1/2014 4,000.17 37.98 Additional Space AYH -C2-3 8/12011 5/31/2015 372 Total 1,264 3,493.91 1205.01 50.00 AYH C2-4 Red Hook Videos 4/1/2008 3/31/2013 890 2,517.03 33.94 848.47 75.00 AYH -C2-5 Augusto Tromben 10/1/2011 9202014 500 1,793.75 43.05 476.67 50.00 BRN 10/1/2013 1,883.44 45.20 AYH -C2-6 Erizabeth Jane 3/1/2009 2/28/2014 514 131024 30.59 490.01 25.00 BRN 3/1/2013 1,349.55 31.51 AYH -C2-7 Keep Left 5/1/2012 4/30/2015 1,500 4,733.62 37.87 1,430.00 160.00 BRN 5/1/2013 5.064.98 40.52 BRN 5/1/2014 5.419.53 43.36 AYH -C24 The Captain School 6/12012 5/31/2015 522 1,333.33 30.65 497.64 135.00 BRN 6/1/2013 1,400.00 32.18 BRN 6/1/2014 1,470.00 33.79 AYH -C3-14 Island Time 7/12009 6/30/2014 1,367 2,605.40 22.87 1,30321 100.00 BRN 7/1/2013 2,683.56 23.56 AYH -D1-1 Moly Malone's 7/1/2010 6/30/2015 3,724 7,839.93 25.26 3,550.21 260.00 BRN 7/1/2013 7,234.43 23.31 BRN 7/1/2014 7,566.15 24.48 AYH -E1-1 Red Hook Dive 9/1/2010 8212013 1,380 4,659.44 40.52 1,315.60 75.00 AYH F1.1 La Providence. Inc 11/1/2001 10/31/2006 838 125126 17.92 798.89 135.00 AYH -F2-1 East End Cafe- The Room 11/1/2008 2/28/2015 1.670 3,552.34 25.53 1,592.07 100.00 AYH -F2-2 East End Cafe - Cater 12/1/2006 2/28/2015 1.429 3.35124 28.14 1,362.31 BAN 12/12013 3,518.81 2955 BRN 12/1/2014 3,694.75 31.03 AYH -F2-3 East End Cale - East End 30/2605 2/28/2015 2.300 4,511.20 23.54 2,192.67 235.00 BRN 3/1/2013 4,669.19 24.38 SRN 3/1/2014 4,832.61 25.21 AYH -GS-1 Big Bambooz 12/1/2008 11/3012013 800 1,500.00 2250 762.67 125.00 AYH -MdIn LAKES in Paroist (McKay) &102011 7/31/2014 300 892.50 35.70 286.00 50.00 BRN 8/112013 937.13 37.49 Totals: Occupied Soft: 88.66% 33 Links 42,683 107,980.83 40.691.13 3,700.00 LeasedAlnoccuPied SOF 0 Units 0 Vacant Scit: 11.34% 5 Units 5.461 TOW SOL 38 Units 48.144 107,980.83 EFTA00619886