EFTA01135128.pdf
dataset_9 pdf 140.8 KB • Feb 3, 2026 • 2 pages
From: "Jeffrey epstein"
To: ale
Subject: Fw: Special Preview
Date: Tue, 17 Apr 2007 20:57:24 +0000
I don't think this works but have rich do the number.
To: J. Epstein
Sent: Tuesday, April 17, 2007 3:34:34 PM
Subject: FW: Special Preview
Executive Assistant to Jeffrey Epstein
Original Message
From: Farkas, Andrew [mailto
Sent: Tuesday,April 17, 2007 12:34 PM
Subject: Special Preview
I am flying to san Juan as I write this. Things are well all around
(other than a surprise $5mm construction budget variance on st thomas
about which I am furious, but that's another story all together -
people's heads are rolling over that fucking surprise). In any event, I
am with silva and bonilla thois afternoon and tonight to see the project
and craft the deal. report tomorrow when it's all over.
In the meantime I want to make you aware of something we will launch in
about 2 weeks because you may well wqant this for yourself and/or for
Les. To launch and publicize the value of igy's growing global network
of facilities we are going to sell 10 founding memberships to igy's
worldwide yacht club (name has not yet been determined). The price of
each of the 10 founding memberships is $5mm (for boats up to 200 ft -
for boats in excess it's $5mm + $10,000 per foot in excees of the
200ft). Here's what you get (in addition to your name on the permenant
plaque in the yacht club in st thomas): (a) ownership of one of the
condos at yacht haven, (b) a fully transferrable 15 year leasehold
interest in a slip at yacht haven (ie you pay no dockage for the 15 yrs
- when unoccupied igy rents the slips to transients and you get 25% of
the revenue), (c) 10% discount on fuel, utilities, provisions at all igy
faciliites world-wide, (d) 33% discount off of rack rate at all igy
hotels (right now antigua and montauk - more coming), (e) guaranteed
prime dockage at any and all igy facilities world-wide with a 25%
discount off of published slip rates (72 hour advance notice required)
[interesting for Les because we now have a contract to acquire isle de
sol in st maarten too - we already own simpson bay yacht club in st
maarten - other current facilities include cabo san lucas, little dix
EFTA01135128
bay, hurricane hole (bahamas), montauk yacht club, yacht haven grande,
etc], and (0 full membership benefits at all igy yacht clubs world
wide. The additional costs (ie condo monthly maintenance fees, annual
marina management fee) approximate $60,000 subject to modest annual
escalation.
There will be only 10 of these sold. On May I an invitation will be sent
to the list of top yachts at the grande opening and that berth at yacht
haven, isle de sol, and all of the igy operated facilities. In case you
and/or Leas wanted one (which, frankly, is worth it for him based on
discounts on fuel and utilities alone I would think) I am giving you
guys 2 weeks advance notice. If you want my guess - they sell in one
week. I am betting on ellison, huizenga, icahn, zuckerman, the russian
dude who owns Kismet, and a couple of others, but who knows.
I think it's a clever marketing ploy and a great deal for everyone - the
buyers and the shareholders of igy. From there we will really start to
show our stuff. I want to do this prior to the ipo launch because I
think it sets a line in the sand for valation etc. Even though it's
probably somewhat under priced, (a) its only 10, (b) rich people like
cheap deals, and (c) it will attract others that we have a dossier of
high-profile founding members and guests/residents of our facilities.
Exciting, don't you think?
Talk later.
ALF
PS is this why you want me alive for 5 years? What if we get it all done
in less? Am I allowed to die sooner? Oh, wait - pr alone will take ten
year to do right.
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EFTA01135129
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