EFTA00985987.pdf

From: "Farkas, Andrew L." < 1=1=> To: " <jeevacation@gmail.com> Subject: Fw: Fw: Date: Sat, 22 Mar 2014 15:29:01 +0000 How would you like to see us proceed from here? If it devolved due to crony-ism, it will just turn into a big public lawsuit which we will have to bring on our behalves and on behalf of the lender, bppr, for the improper and unlawful taking of collateral etc. We will bring it in the second circuit in nyc and it will be brought against the govt, the czm commission and its members individually. That will be very expensive for them to defend as they will each have to retain counsel in nyc and they will have to come to nyc, not infrequently, for hearings and depositions. I am not remotely put off by the prospect. In fact given their history I actually expect it. But if you have better ideas let's hear them! Original Message From: Mukamal, Thomas [mailto Sent: Friday, March 21, 2014 09:53 PM To: Farkas, Andrew L. Cc: Garrison, Frank Subject: Re: Fw: I sent Cecile the entire record today at her request. I think the issues should be separated addressed S follows (I) we offered a compromise on his czm application which would allow him to increase his water up to a point without impacting our business. He has rejected that compromise several times. He should take it - this compromise has been presented to him by Casner and again in from of the czm commission. Hoffman knows exactly what the compromise details are. (2) assuming we have an agreeable compromise under (1) we can open a dialogue on the management of the dock in a long term basis that is rational on the economics for him and for us - along the lines with what was proposed by Hoffman below which is what I proposed to him last summer - we can put in some more cash $25 k (ish) to fix up the dock and extend the agreement at a much lower rent. Yes, cutting off the sewage was a good move. Took a month to make that happen. We would allow his sewage to pass through AYH. Not sure what the sidewalk thing is or the obligation to repair. They would be likely be figured out in the context of #1 and #2 above. Thomas Mukamal President Island Global Yachting Ltd. 717 Fifth Avenue New York, New York 10022 T mailto: On Mar 21, 2014, at 9:37 PM, "Farkas, Andrew L." < 1=1=<mailto:a> wrote: Comments pls. From: Jeffrey Epstein [mailto:jeevacation@gmail.com] Sent: Friday, March 21, 2014 08:40 PM EFTA00985987 To: Farkas, Andrew L. Subject: got the expected call from Paul Hoffman asking me to mediate. listened to his long story, avaiblale to speak over the weekend, . 1 sewage cutoff, great move. 2. obligation to repair? 3 sidewalk ? 4 he says , they were there first. czm agrees.? says both docks would be able to take 65 foot boats. if you decide to give it back. he said they are responsible for strucural fix, we for repair. said that torn offered 25 k fix up with 5 year extension at 50 percent of current rent. 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If you have received this message in error, please contact the sender immediately and destroy the message (including any attachments) and any copies in their entirety, whether in electronic or hard copy format. Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Global Yachting LTD or any of its affiliates, each of which requires a fully executed agreement to be received by Island Global Yachting LTD or such affiliate. This message, and any attachments hereto, is confidential and intended exclusively for the use of the individual or entity to whom it is addressed. This communication may contain information that is confidential, proprietary, privileged, subject to a confidentiality and/or non-disclosure agreement, or otherwise exempt or protected from EFTA00985988 disclosure (either by contract or under applicable law). If you are not the intended recipient, you are hereby notified that printing, retaining, reproducing, copying, disclosing, disseminating or using this message or any information contained herein (including any reliance thereon) is strictly prohibited. If you have received this message in error, please contact the sender immediately and destroy the message (including any attachments) and any copies in their entirety, whether in electronic or hard copy format. Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island Capital Group LLC or such affiliate. EFTA00985989