EFTA02551412.pdf

From: Richard Kahn < Sent: Saturday, December 9, 2017 2:16 PM To: Jeffrey Epstein Subject: Fwd: Update Richard Kahn HBRK Associates Inc. 575 =exington Avenue, 4th Floor New =ork NY 10022 tel fax cel Begin forwarded message: From: qb>"Igelbrink, Anne" < Subject: =/b>Re: Update Date: =/b>December 9, 2017 at 9:04:00 AM =ST To: =/b>Richard Kahn < Cc:' Dear =ichard We have not forgotten about Mr. Epstein's =tat but the market for them remains challenging with a very small pool =f potential buyers. The comparable example in the October single owner sale I mentioned below which had a =resale estimate of $300,000-500,000 sold to a single bidder who came in =t the last minute for $200,000 hammer ($250,000 with =remium). When this desk last sold at auction in October 2002 when it was part of the Estate of Ogden Phipps, it made $834,500 =ith premium so a very considerable drop in value. This is not an isolated incident but a reflection of the =arket for bureau plats at all levels of value. Out of =uriosity, I did a search for bureau plats sold in 2017 both at Christie's and Sotheby's. = Half failed to sell and those that did, largely sold on reserve or at =he low estimate. Please be assured that I am still seeking a way to sell it on =is behalf, either by private sale or auction. I am watching how =11 of our sales shape up internationally to see if the right opportunity presents itself and =onitoring our buyer wish lists. We may have a potential =onsignment of French furniture here in New York for the spring and if =e win the business, it would present the best opportunity so far to reoffer Mr. Epstein's bureau plat. I will =pdate you once I have word but in the meantime, please don't =esitate to contact me if you wish to discuss this further. EFTA_R1_01707504 EFTA02551412  Anne Sent from my iPhone On Dec 8, 2017, at 5:07 PM, Richard Kahn < > wrote: can you please update me on the sale of the desk thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor N to fa On Aug 11, 2017, at 10:04 AM, Igelbrink, Anne < > wrote: Rich Will do, but just want to make sure I =nderstand Mr. Epstein's priorities. Is it most important that =e sells the desk by the end of the year or would he rather wait if there is a better sale or opportunity in early 2018 for him to realize a potentially higher price? We have a single owner collection sale =his October of largely French furniture which includes a similar desk. =t is by a different maker but the form and decoration will appeal to the same client base. The reception and interest =n that desk will be a good barometer and also could flush out new =rospective buyers for Mr. Epstein's desk for us to pursue for =otential private sale. The head of the Paris furniture department =ill be here in New York next week and I will speak to him about his =houghts of offering the desk either there or in London. Anne From: Richard Kahn [ Sent: Thursday, August 10, 2017 =:00 PM To: Igelbrink, Anne < Subject: Re: Update please keep us updated on October sale 2 EFTA_R1_01707505 EFTA02551413  thank you &=bsp; Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cell On Aug 4, 2017, at 4:59 PM, Igelbrink, Anne < > =rote: I am happy to discuss that with my European colleagues. I know some are =urrently on holiday so I may not be able to get an immediate =esponse. We have a sale this October in New York but it has more of a =oncentration of English furniture. If we were to sell the desk in New =ork, I'd rather wait until we had a critical mass of good French =urniture so that Mr Epstein's desk would get the best =xposure. Anne Sent from my iPhone On Aug 4, 2017, at 12:45 PM, Richard Kahn > =rote: should we consider a london sale please advise what is upcoming on calendar thanks Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 3 EFTA_R1_01707506 EFTA02551414  On Jul 21, 2017, at 5:26 PM, Igelbrink, Anne < > =rote: Richard Still working on it but everything really slows down in July and August =ith clients and colleagues on vacation, particularly in Europe. =owever, I wanted to reassure you that it is still very much on my =incl. Anne Sent from my iPhone Visit www.christies.com <http://www.christies.com/> to explore special =ulti- media sale promotions, browse our illustrated catalogues and leave absentee =ids through LotFinder(R), Christie's online search engine, and register =or Internet bidding with Christie's Live(TM). This message and any attachment are confidential. If you are not the =ntended recipient, please telephone or email the sender and delete the =essage and any attachment from your system. If you are not the intended =ecipient you must not copy this message or attachment or disclose the contents to any other person. Visit www.christies.com <http://www.christies.com/> to explore special =ulti-media sale promotions, browse our illustrated catalogues and leave absentee =ids through LotFinder(R), Christie's online search engine, and register =or Internet bidding with Christie's live(TM). This message and any attachment are confidential. If you are not the =ntended recipient, please telephone or email the sender and delete the =essage and any attachment from your system. If you are not the intended =ecipient you must not copy this message or attachment or disclose the contents to any other person. Visit www.christies.com <http://www.christies.com/> to explore special multi-media sale promotions, browse our illustrated =atalogues and leave absentee bids through LotFinder(R), Christie's =nline search engine, and register for Internet bidding with Christie's =ive(TM). This message and any attachment are confidential. If you are not the =ntended recipient, please telephone or email the sender and delete the =essage and any attachment from your system. If you are not the intended =ecipient you must not copy this message or attachment or disclose the contents to any other person. 4 EFTA_R1_01707507 EFTA02551415  Visit www.christies.com <http://www.christies.com/> to explore special multi-media sale =romotions, browse our illustrated catalogues and leave absentee bids =hrough LotFinder(R), Christie's online search engine, and register for =nternet bidding with Christie's Live(TM). This message and any attachment are confidential. If you are not the =ntended recipient, please telephone or email the sender and delete the =essage and any attachment from your system. If you are not the intended =ecipient you must not copy this message or attachment or disclose the =ontents to any other person. 5 EFTA_R1_01707508 EFTA02551416