Return-Path: Delivered-To: stephen@transocean.com Received: from vps.transocean.com by vps.transocean.com with LMTP id CGIfK2CrnVp3cgAAInt2oQ for ; Mon, 05 Mar 2018 12:41:04 -0800 Return-path: Envelope-to: stephen@transocean.com Delivery-date: Mon, 05 Mar 2018 12:41:04 -0800 Received: from p3plmtsmtp03.prod.phx3.secureserver.net ([184.168.131.16]:51624) by vps.transocean.com with esmtps (TLSv1.2:ECDHE-RSA-AES256-GCM-SHA384:256) (Exim 4.89_1) (envelope-from ) id 1eswuW-0007hr-Rw for stephen@transocean.com; Mon, 05 Mar 2018 12:41:04 -0800 Received: from n73.mail01.mtsvc.net ([216.70.64.214]) by :MT-SMTP: with SMTP id swtNeGXxFKXFnswtNetalZ; Mon, 05 Mar 2018 13:39:29 -0700 X-SID: swtNeGXxFKXFn Received: from cpe-104-162-198-115.nyc.res.rr.com ([104.162.198.115]:61536 helo=pavan) by n73.mail01.mtsvc.net with esmtpsa (TLSv1.2:ECDHE-RSA-AES256-GCM-SHA384:256) (Exim 4.89) (envelope-from ) id 1eswtH-0006DS-VQ; Mon, 05 Mar 2018 15:39:28 -0500 From: "Pavan M. Uttam" To: Cc: "'Nadine Padilla'" , References: <004a01d38984$b62b8470$22828d50$@transocean.com> <021d01d3898a$389d4740$a9d7d5c0$@upreallc.com> <000b01d3898a$a8ac6980$fa053c80$@transocean.com> <023001d3898b$9f071fa0$dd155ee0$@upreallc.com> <01ae01d38faa$9efe8910$dcfb9b30$@transocean.com> <009f01d38faf$290c3130$7b249390$@upreallc.com> <017601d39453$9b3e8ac0$d1bba040$@transocean.com> <1DC2C6FA-8F79-4FE7-8CC4-0BD2C431F72C@transocean.com> <047601d39ae3$5b0ed9f0$112c8dd0$@upreallc.com> <025e01d3a038$4e4bce80$eae36b80$@transocean.com> <025d01d3a04b$ed5728e0$c8057aa0$@upreallc.com> <04ee01d3a424$bedeb280$3c9c1780$@transocean.com> <04a101d3a437$ef6497e0$ce2dc7a0$@upreallc.com> <065d01d3a438$a839a3f0$f8acebd0$@transocean.com> <5EB5EA42-9B03-4DE8-B948-FA06D0408685@upreallc.com> <00cd01d3a59e$29376b70$7ba64250$@transocean.com> <4B46B2AF-ED5C-40A6-A990-85CF2CD5164F@upreallc.com> <033501d3a5c1$20457390$60d05ab0$@transocean.com> <1A6F7FC8-B2FF- 476F-9207-9610D1FC4FE2@upreallc.com> <036a01d3a5c6$666a8180$333f8480$@transocean.com> <020801d3ab34$849a4c30$8dcee490$@upreallc.com> <027901d3ab3a$61b856c0$25290440$@transocean.com> <49F447F7-D571-4F60-941C-2ACD7C3AC0A7@upreallc.com> <20C7EB73-0867-478A-A8D2-3D21BED1F2D5@transocean.com> <00df01d3accf$cea34290$6be9c7b0$@upreallc.com> <01b201d3af2d$916d87e0$b44897a0$@transocean.com> <00c601d3afe3$c6080e10$52182a30$@upreallc.com> <002b01d3b011$20dec7c0$629c5740$@transocean.com> <02ca01d3b1b3$92b0f7d0$b812e770$@upreallc.com> <02e101d3b4b4$8097eeb0$81c7cc10$@transocean.com> <006a01d3b4b4$fe913b00$fbb3b100$@upreallc.com> <02ff01d3b4b6$13c3c140$3b4b43c0$@transocean.com> <00d401d3b4b7$2ef9bd10$8ced3730$@upreallc.com> <032601d3b4b8$53dc3940$fb94abc0$@transocean.com> In-Reply-To: <032601d3b4b8$53dc3940$fb94abc0$@transocean.com> Subject: RE: Sub basement at 267 Fifth Ave Date: Mon, 5 Mar 2018 15:39:22 -0500 Message-ID: <017e01d3b4c2$0bcff6f0$236fe4d0$@upreallc.com> MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_NextPart_000_017F_01D3B498.2306E740" X-Mailer: Microsoft Outlook 16.0 Thread-Index: AQGuqf18xVRlsMgzIkcuMJaZa593LQKk4heKAac+wbEDMu74UgH49D0rAb0Qb+ACClZ5twGjKslNAePa2AQCUlR5bQJeF7RSAtDDQrQButw2sQHMoZ3hAaQahr0CW5nOVwLhzlKNApGWnq8BpGxZVAE9tcIBAm1vhYwB43M3ngMoyO4XAUvpyr4CR19fBwHYUrhzAhln6ykCjYVm/AHEmaPmArK78hECk2l9RwJ8O5BfAu+4pqcBjEnM7wIlQBpbAahAkaqhsCcs0A== Content-Language: en-us X-Authenticated-User: 925164 pavan.uttam@upreallc.com X-MT-ID: 97A5E6382786ADB97043C957B2FCBEA167DE2289 X-CMAE-Envelope: MS4wfLsPrSkWNADNpMoA9L58ZjeOAuYT+8CBLDY1R4uPCFRClu8PTedGnHiEbZATnEgXMw141yVJFxQvVIrCguymEjJl6GQJa4qrK2XYDzxS0PbVWM6ASJ+o KkP1md8w2Xd7iVwg1FGuiJ4mFIBNm0C4PQAfgnRo6ATDgA4zGeuhdPjU+/I0iqzu8nrCsFcTi21cRIotFjk1UFY74Axk+wbhnjZojkq9tbfxJ6obM73vQdPs X-Spam-Status: No, score=-0.9 X-Spam-Score: -8 X-Spam-Bar: / X-Ham-Report: Spam detection software, running on the system "vps.transocean.com", has NOT identified this incoming email as spam. The original message has been attached to this so you can view it or label similar future email. If you have any questions, see root\@localhost for details. Content preview: Stephen: Pursuant to our conversation, please confirm hat 3 months security deposit will be acceptable to your company, in addition to the terms outlined below in the email trail. Once you confirm, I will request Landlord to issue a lease for a 3 year term. [...] Content analysis details: (-0.9 points, 3.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- 0.0 URIBL_BLOCKED ADMINISTRATOR NOTICE: The query to URIBL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#dnsbl-block for more information. [URIs: transocean.com] 0.0 HTML_MESSAGE BODY: HTML included in message -1.9 BAYES_00 BODY: Bayes spam probability is 0 to 1% [score: 0.0000] 0.0 T_KAM_HTML_FONT_INVALID BODY: Test for Invalidly Named or Formatted Colors in HTML 0.0 LOTS_OF_MONEY Huge... sums of money 1.0 KAM_LAZY_DOMAIN_SECURITY Sending domain does not have any anti-forgery methods 0.0 T_MONEY_PERCENT X% of a lot of money for you X-Spam-Flag: NO This is a multipart message in MIME format. ------=_NextPart_000_017F_01D3B498.2306E740 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Stephen: =20 Pursuant to our conversation, please confirm hat 3 months security = deposit will be acceptable to your company, in addition to the terms = outlined below in the email trail. Once you confirm, I will request = Landlord to issue a lease for a 3 year term. =20 Thank you. =20 Pavan =20 =20 =20 From: stephen@transocean.com =20 Sent: Monday, March 5, 2018 2:30 PM To: 'Pavan M. Uttam' Cc: 'Nadine Padilla' ; dean@transocean.com Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Revised =E2=80=93=20 =20 TRANS-OCEAN IMPORT CO.,INC. 10 MIDLAND AVENUE, SUITE M-00 PORT CHESTER, NY 10573 Toll Free:1-800-733-6784 Phone:(914) 949-5656 =20 =20 From: Pavan M. Uttam >=20 Sent: Monday, March 5, 2018 2:22 PM To: stephen@transocean.com =20 Cc: 'Nadine Padilla' >; dean@transocean.com = =20 Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Please confirm this is your corporate address: =20 TRANS-OCEAN IMPORT CO.,INC. 1 BARKER AVENUE, 3RD FLOOR WHITE PLAINS, NEW YORK 10601 Toll Free:1-800-733-6784 Phone:(914) 949-5656 =20 =20 From: stephen@transocean.com = >=20 Sent: Monday, March 5, 2018 2:14 PM To: 'Pavan M. Uttam' > Cc: 'Nadine Padilla' >; dean@transocean.com = =20 Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Thank you =E2=80=93 that is acceptable. =20 =20 =20 From: Pavan M. Uttam >=20 Sent: Monday, March 5, 2018 2:06 PM To: stephen@transocean.com =20 Cc: 'Nadine Padilla' >; dean@transocean.com = =20 Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Stephen: That=E2=80=99s great news. I can request the landlord to issue a lease with the terms outlined = below, for your and your attorney=E2=80=99s review. Please advise. Kind regards Pavan =20 From: stephen@transocean.com = >=20 Sent: Monday, March 5, 2018 2:02 PM To: 'Pavan M. Uttam' > Cc: 'Nadine Padilla' >; dean@transocean.com = =20 Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Pavan, We are interested in moving forward with the space with terms as = outlined below. Please let us know next steps. Thanks for all your help. Stephen =20 =20 From: Pavan M. Uttam >=20 Sent: Thursday, March 1, 2018 6:18 PM To: stephen@transocean.com =20 Cc: 'Nadine Padilla' >; dean@transocean.com = =20 Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Stephen/ Dean: =20 Please let me know if you will be putting in a formal offer. Also, if you need any other information. =20 Thanks=20 Pavan =20 From: stephen@transocean.com = [mailto:stephen@transocean.com]=20 Sent: Tuesday, February 27, 2018 4:23 PM To: 'Pavan M. Uttam' > Cc: 'Nadine Padilla' >; dean@transocean.com = =20 Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Pavan, Thank you for the note. We understand the position and appreciate the = landlord being flexible with us. We would need to consult with an = architect to find out what the cost is going to be on the work = we=E2=80=99d need on the space (specifically the lighting) =E2=80=93 is = it possible for us to bring in an architect? I am traveling today so = give me a day or so to consult with the team to find out about occupancy = date of 4/1 as well. Thank you again =E2=80=93=20 Stephen =20 =20 =20 From: Pavan M. Uttam [mailto:pavan.uttam@upreallc.com]=20 Sent: Tuesday, February 27, 2018 10:58 AM To: stephen@transocean.com =20 Cc: 'Nadine Padilla' >; dean@transocean.com = =20 Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Hi Stephen: =20 Thank you for the offer.=20 =20 I spoke with the Landlord last night. The current tenant uses the space = only during market and 2 other times a year, so they are low traffic as = well. The Landlord will not take less than what he is currently getting. =20 Based on the below email, you are offering $1985.50/month all inclusive. =20 Taking into consideration your use and traffic, the Landlord has = countered at: 1. $2200/month 2. lease and rent to commence on April 1 3. space will be delivered as is basis, vacant and broom clean 4. 3.5% standard escalations from Year 2=20 =20 Please let us know if this is acceptable. =20 Kind regards =20 Pavan =20 From: stephen@transocean.com = [mailto:stephen@transocean.com]=20 Sent: Monday, February 26, 2018 1:14 PM To: 'Pavan M. Uttam' > Cc: 'Nadine Padilla' >; dean@transocean.com = =20 Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Hi Pavan, We reviewed it here and have some thoughts. If you=E2=80=99re able to = run by the landlord, that would be great. The accessibility is a major issue for sure, so we=E2=80=99d really only = be using this space sporadically =E2=80=93 of a week or so per month. To that end, we can budget the following if it works for the building: Rent =E2=80=93 we can offer $26 psf Electric =E2=80=93 we feel since we will be very part time we can offer = $2 psf. Garbage =E2=80=93 again due to light use, we can offer $0.50 psf. This brings the sum to about $28.50 which is in our range. =20 Please let me know if this or something similarly structured can work = for them. Thanks for your help- Stephen =20 =20 =20 =20 From: Pavan M. Uttam [mailto:pavan.uttam@upreallc.com]=20 Sent: Friday, February 23, 2018 12:58 PM To: 'Stephen Hoberman' > Cc: 'Nadine Padilla' >; dean@transocean.com = =20 Subject: RE: Sub basement at 267 Fifth Ave=20 =20 That=E2=80=99s fine, have a great weekend. =20 From: Stephen Hoberman [mailto:stephen@transocean.com]=20 Sent: Friday, February 23, 2018 9:32 AM To: Pavan M. Uttam > Cc: Nadine Padilla >; dean@transocean.com = =20 Subject: Re: Sub basement at 267 Fifth Ave=20 =20 Thank you for this information. I=E2=80=99m traveling today and will = be back in the office Monday. We=E2=80=99ll have some firm answers for = you then. I hope this works, our whole team is in different places = today. =20 Stephen=20 On Feb 22, 2018, at 6:07 PM, Pavan M. Uttam > wrote: Stephen:=20 The space is approx. 836 sf. LL is asking $30/sf for the space. Electric is $3.50/sf and garbage = collection is $0.84/sf. Term is between 3-5 years.=20 =20 Thanks =20 Pavan =20 Sent from my iPhone On Feb 21, 2018, at 12:35 PM, > > wrote: Pavan, We are interested in pursuing the space. I just called and left a = message as well. I=E2=80=99d like to get an outline of the terms and = review the dates, etc. Can you call me back when you have a chance? Thank you, Stephen Mobile =E2=80=93 917-561-7397 Office =E2=80=93 914-949-5656 x118 =20 =20 Stephen Hoberman Vice President =E2=80=93 Business Development Trans-Ocean Import Co. (917) 561-7397 stephen@transocean.com =20 =20 =20 =20 From: Pavan M. Uttam [mailto:pavan.uttam@upreallc.com]=20 Sent: Wednesday, February 21, 2018 11:54 AM To: stephen@transocean.com ; 'Nadine = Padilla' > Cc: dean@transocean.com =20 Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Hi Stephen/ Dean: =20 Please advise your interest in the space. =20 Kind regards =20 Pavan =20 From: stephen@transocean.com = [mailto:stephen@transocean.com]=20 Sent: Wednesday, February 14, 2018 2:03 PM To: 'Nadine Padilla' > Cc: 'Pavan M. Uttam' >; dean@transocean.com = =20 Subject: RE: Sub basement at 267 Fifth Ave=20 =20 It=E2=80=99s getting pretty late and we=E2=80=99re in Westchester. Is Friday morning possible? =20 =20 From: Nadine Padilla [mailto:nadinevanda@upreallc.com]=20 Sent: Wednesday, February 14, 2018 1:57 PM To: stephen@transocean.com =20 Cc: Pavan M. Uttam >; dean@transocean.com = =20 Subject: Re: Sub basement at 267 Fifth Ave=20 =20 Stephen, =20 Today before 5 works tomorrow is no good. =20 Best, Nadine=20 =20 Sent from my iPhone On Feb 14, 2018, at 1:25 PM, > > wrote: Hi Nadine, I am trying to schedule time for a colleague to visit today or tomorrow. His name is Dean Smith =E2=80=93 he=E2=80=99s cc=E2=80=99d here. Stephen =20 =20 From: Nadine Padilla [mailto:nadinevanda@upreallc.com]=20 Sent: Wednesday, February 14, 2018 1:12 PM To: Pavan M. Uttam > Cc: stephen@transocean.com =20 Subject: Re: Sub basement at 267 Fifth Ave=20 =20 yes, i'll go speak with him now. Stephen when are you available ?=20 =20 Sent from my iPhone On Feb 14, 2018, at 9:26 AM, Pavan M. Uttam > wrote: Good morning Nadine=20 Can you touch base with the landlord and schedule a viewing of the sub = basement space either today or tomorrow for Stephen, please ? Thanks=20 Pavan=20 Sent from my iPhone On Feb 14, 2018, at 7:44 PM, > > wrote: Good Morning =E2=80=93 Just following up if we can visit today or = tomorrow. Thanks, Stephen =20 =20 From: stephen@transocean.com = [mailto:stephen@transocean.com]=20 Sent: Tuesday, February 13, 2018 10:23 AM To: 'Pavan M. Uttam' > Subject: RE: Textile Market =20 Hi Pavan, I guess we didn=E2=80=99t realize the loss factor was so high. I think = we=E2=80=99d still like to pursue it, can I have one of my colleagues = see the space tomorrow or Thursday? Stephen =20 =20 From: Pavan M. Uttam [mailto:pavan.uttam@upreallc.com]=20 Sent: Monday, February 12, 2018 7:40 PM To: stephen@transocean.com =20 Subject: Re: Textile Market =20 The net is 45 by 13 and when you deduct 30 percent loss factor from 836 = you get a net of 585. LL says to use the freight elevator upto twice a month is acceptable. Thanks=20 Pavan=20 Sent from my iPhone On Feb 13, 2018, at 1:05 AM, > > wrote: Does this say 13=E2=80=99x45=E2=80=99? That is only 585 sf, that seems like too large a loss factor. I thought it measured 18=E2=80=99 or so wide. =20 =20 From: Pavan M. Uttam [mailto:pavan.uttam@upreallc.com]=20 Sent: Monday, February 12, 2018 2:30 PM To: stephen@transocean.com =20 Subject: RE: Textile Market =20 Hi Stephen: =20 I have forwarded your email to the landlord. Please see attached = floorplan. =20 Thanks =20 Pavan =20 From: stephen@transocean.com = [mailto:stephen@transocean.com]=20 Sent: Monday, February 12, 2018 12:13 PM To: 'Pavan M. Uttam' > Subject: RE: Textile Market =20 Pavan, The team is interested in the sub basement showroom. Can you just give some firm details on it? Measurements, usable SF? =20 Also, can you find out if we=E2=80=99re able to use the freight elevator = for deliveries once or twice per month since there is no elevator = directly to the showroom? Thanks, Stephen =20 =20 From: stephen@transocean.com = [mailto:stephen@transocean.com]=20 Sent: Wednesday, February 7, 2018 7:16 PM To: 'Pavan M. Uttam' > Subject: RE: Textile Market =20 Pavan, Thank you I will check with the owners. If any other floors in the 800-1400 sf range open up please let us know. Thanks, Stephen =20 =20 From: Pavan M. Uttam [mailto:pavan.uttam@upreallc.com]=20 Sent: Wednesday, February 7, 2018 2:43 PM To: stephen@transocean.com =20 Subject: RE: Textile Market =20 Stephen: =20 We have no availability for market. =20 From on or around April 1, there is 837 sf available in the sub = basement. Ask is in the low$30=E2=80=99s. =20 Thanks =20 Pavan =20 From: stephen@transocean.com = [mailto:stephen@transocean.com]=20 Sent: Wednesday, February 7, 2018 12:23 PM To: 'Pavan M. Uttam' > Subject: RE: Textile Market =20 Just wanted to follow up about market =E2=80=93 we=E2=80=99re trying to = finalize plans. =20 Please let me know availability for market and ongoing. =20 =20 From: Pavan M. Uttam [mailto:pavan.uttam@upreallc.com]=20 Sent: Wednesday, January 31, 2018 5:32 PM To: 'Stephen Hoberman' > Cc: nadinevanda@upreallc.com =20 Subject: RE: Textile Market =20 Stephen: =20 I will update you tomorrow. =20 Kind regards =20 Pavan =20 =20 UP Real Estate Advisors LLC 146 West 29th St, 12th Fl New York, NY 10001 www.upreallc.com www.universtay.com =20 =20 =20 From: Stephen Hoberman [mailto:stephen@transocean.com]=20 Sent: Wednesday, January 31, 2018 5:10 PM To: Pavan M. Uttam > Cc: nadinevanda@upreallc.com =20 Subject: Re: Textile Market =20 Pavan- Can we work on a space for March?=20 =20 On Jan 23, 2018, at 7:56 AM, Pavan M. Uttam > wrote: Good morning Stephen=20 Nadine is checking with the tenant and will confirm shortly. Kind regards=20 Pavan=20 Sent from my iPhone On Jan 23, 2018, at 9:08 AM, > > wrote: Hello, I am planning to be by there this afternoon around 5pm. Is that ok to = see the available spaces? =20 My mobile # is (917) 561-7397 if you need to reach me. =20 Thanks, Stephen =20 =20 From: Pavan M. Uttam [mailto:pavan.uttam@upreallc.com]=20 Sent: Wednesday, January 17, 2018 11:21 AM To: stephen@transocean.com =20 Subject: RE: Textile Market =20 The 600 sf just signed a lease. We have two spaces approx. 1250 and 1750 = sf on the 5th floor that are available on or after March 1st on long = term basis for $62/ sf plus electric. We could also divide the 1250 sf into 2 spaces with a curtain for = market. That would be for $5500 each for market week. I=E2=80=99m happy to show you next week. =20 Kind regards =20 Pavan =20 UP Real Estate Advisors LLC 146 West 29th St, 12th Fl New York, NY 10001 www.upreallc.com www.universtay.com =20 =20 =20 =20 =20 From: stephen@transocean.com = [mailto:stephen@transocean.com]=20 Sent: Wednesday, January 17, 2018 10:48 AM To: 'Pavan M. Uttam' > Subject: RE: Textile Market =20 Can you tell me about the 600 sf space? Is it still available =E2=80=93 = what floor =E2=80=93 how much would it be for the market? We like the building very much =E2=80=93 would love to consider for = permanent down the line. I=E2=80=99d still like to come see it next week. =20 =20 From: Pavan M. Uttam [mailto:pavan.uttam@upreallc.com]=20 Sent: Tuesday, January 9, 2018 3:51 PM To: stephen@transocean.com =20 Subject: RE: Textile Market =20 Sure, please email or call us at 212 643 8850 closer to the time. =20 From: stephen@transocean.com = [mailto:stephen@transocean.com]=20 Sent: Tuesday, January 9, 2018 3:45 PM To: 'Pavan M. Uttam' > Subject: RE: Textile Market =20 That sounds very nice and might work. Can I come and see it on 1/23 when I am back in NYC? =20 =20 From: Pavan M. Uttam [mailto:pavan.uttam@upreallc.com]=20 Sent: Tuesday, January 9, 2018 3:41 PM To: stephen@transocean.com =20 Subject: RE: Textile Market =20 Stephen: =20 Thank you for the email. We may have a 600 sf space available for market = week. It=E2=80=99s well laid out so it might work for you. I=E2=80=99m = happy to show you if you like. =20 Also, do consider this building for permanent space going forward. = It=E2=80=99s got a very nice lobby, the showrooms have high ceilings, = the building is well run and the staff is great. =20 Kind regards =20 Pavan M. Uttam =20 UP Real Estate Advisors LLC 146 West 29th St, 12th Fl New York, NY 10001 www.upreallc.com =20 =20 From: stephen@transocean.com = [mailto:stephen@transocean.com]=20 Sent: Tuesday, January 9, 2018 3:02 PM To: pavan.uttam@tclnyc.com =20 Subject: Textile Market =20 Pavan, Was curious if 267 Fifth would want to rent any space out just for the = market week in March. We just moved out of our showroom on Madison and = are not sure which building to move into =E2=80=93 so we wanted to get a = temp space for this market until we figure it out. We are a rug company and would need 800-2200 sf. Thanks, Stephen =20 =20 Stephen Hoberman Vice President =E2=80=93 Business Development Trans-Ocean Import Co. (917) 561-7397 stephen@transocean.com =20 =20 ------=_NextPart_000_017F_01D3B498.2306E740 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable

Stephen:

 

Pursuant to = our conversation, please confirm hat 3 months security deposit will be = acceptable to your company, in addition to the terms outlined below in = the email trail. Once you confirm, I will request =C2=A0Landlord to = issue a lease for a 3 year term.

 

Thank = you.

 

Pavan

 

 

 

From: stephen@transocean.com = <stephen@transocean.com>
Sent: Monday, March 5, 2018 = 2:30 PM
To: 'Pavan M. Uttam' = <pavan.uttam@upreallc.com>
Cc: 'Nadine Padilla' = <nadinevanda@upreallc.com>; dean@transocean.com
Subject: = RE: Sub basement at 267 Fifth Ave

 

Revised = =E2=80=93

 

TRANS-O= CEAN IMPORT CO.,INC.
10 MIDLAND AVENUE, SUITE = M-00

PORT = CHESTER, NY 10573

Toll = Free:1-800-733-6784
Phone:(914) 949-5656

 

 

From: Pavan M. Uttam <pavan.uttam@upreallc.com>=
Sent: Monday, March 5, 2018 2:22 PM
To: stephen@transocean.com
C= c: 'Nadine Padilla' <nadinevanda@upreallc.com>= ; dean@transocean.com
Subject= : RE: Sub basement at 267 Fifth Ave

 

Please = confirm this is your corporate address:

 

TRANS-O= CEAN IMPORT CO.,INC.
1 BARKER AVENUE, 3RD FLOOR
WHITE PLAINS, NEW = YORK 10601

Toll = Free:1-800-733-6784
Phone:(914) 949-5656

 

 

From: stephen@transocean.com <stephen@transocean.com> =
Sent: Monday, March 5, 2018 2:14 PM
To: 'Pavan M. = Uttam' <pavan.uttam@upreallc.com>=
Cc: 'Nadine Padilla' <nadinevanda@upreallc.com>= ; dean@transocean.com
Subject= : RE: Sub basement at 267 Fifth Ave

 

Thank you = =E2=80=93 that is acceptable. 

 

 

From: Pavan M. Uttam <pavan.uttam@upreallc.com>=
Sent: Monday, March 5, 2018 2:06 PM
To: stephen@transocean.com
C= c: 'Nadine Padilla' <nadinevanda@upreallc.com>= ; dean@transocean.com
Subject= : RE: Sub basement at 267 Fifth Ave

 

Stephen:

That=E2=80=99s great news.

I can request the landlord to issue a lease with the = terms outlined below, for your and your attorney=E2=80=99s = review.

Please = advise.

Kind regards

Pavan

 

From: stephen@transocean.com <stephen@transocean.com> =
Sent: Monday, March 5, 2018 2:02 PM
To: 'Pavan M. = Uttam' <pavan.uttam@upreallc.com>=
Cc: 'Nadine Padilla' <nadinevanda@upreallc.com>= ; dean@transocean.com
Subject= : RE: Sub basement at 267 Fifth Ave

 

Pavan,

We are = interested in moving forward with the space with terms as outlined = below.

Please let us know next = steps.

Thanks for all your = help.

Stephen

 

 

From: Pavan M. Uttam <pavan.uttam@upreallc.com>=
Sent: Thursday, March 1, 2018 6:18 PM
To: stephen@transocean.com
C= c: 'Nadine Padilla' <nadinevanda@upreallc.com>= ; dean@transocean.com
Subject= : RE: Sub basement at 267 Fifth Ave

 

Stephen/ = Dean:

 

Please let me know if you will be putting in a formal = offer.

Also, if you need any other = information.

 

Thanks

Pavan

 

From: stephen@transocean.com [mailto:stephen@transocean.com]=
Sent: Tuesday, February 27, 2018 4:23 PM
To: = 'Pavan M. Uttam' <pavan.uttam@upreallc.com>=
Cc: 'Nadine Padilla' <nadinevanda@upreallc.com>= ; dean@transocean.com
Subject= : RE: Sub basement at 267 Fifth Ave

 

Pavan,

Thank you = for the note.  We understand the position and appreciate the = landlord being flexible with us.  We would need to consult with an = architect to find out what the cost is going to be on the work = we=E2=80=99d need on the space (specifically the lighting) =E2=80=93 is = it possible for us to bring in an architect?  I am traveling today = so give me a day or so to consult with the team to find out about = occupancy date of 4/1 as well.

Thank = you again =E2=80=93

Stephen

 

 

 

Hi = Stephen:

 

Thank you for the offer.

 

I spoke with = the Landlord last night. The current tenant uses the space only during = market and 2 other times a year, so they are low traffic as = well.

The Landlord will not take less = than what he is currently getting.

 

Based on the = below email, you are offering $1985.50/month all = inclusive.

 

Taking into consideration your use and traffic, the = Landlord has countered at:

  1. $2200/month
  2. lease and rent to = commence on April 1
  3. space will be delivered = as is basis, vacant and broom clean
  4. 3.5% standard = escalations from Year 2

 

Please let us know if this is = acceptable.

 

Kind regards

 

Pavan

 

From: stephen@transocean.com [mailto:stephen@transocean.com]=
Sent: Monday, February 26, 2018 1:14 PM
To: 'Pavan = M. Uttam' <pavan.uttam@upreallc.com>=
Cc: 'Nadine Padilla' <nadinevanda@upreallc.com>= ; dean@transocean.com
Subject= : RE: Sub basement at 267 Fifth Ave

 

Hi = Pavan,

We reviewed it here and have = some thoughts.  If you=E2=80=99re able to run by the landlord, that = would be great.

The accessibility is = a major issue for sure, so we=E2=80=99d really only be using this space = sporadically =E2=80=93 of a week or so per month.

To that end, we can budget the following if it works = for the building:

Rent =E2=80=93 we = can offer $26 psf

Electric =E2=80=93 = we feel since we will be very part time we can offer $2 = psf.

Garbage =E2=80=93 again due to = light use, we can offer $0.50 psf.

This brings the sum to about $28.50 which is in our = range.

 

Please let me know if this or something similarly = structured can work for them.

Thanks = for your help-

Stephen

 

 

 

 

 

That=E2=80=99s fine, have a great = weekend.

 

From: Stephen Hoberman [mailto:stephen@transocean.com]=
Sent: Friday, February 23, 2018 9:32 AM
To: Pavan = M. Uttam <pavan.uttam@upreallc.com>=
Cc: Nadine Padilla <nadinevanda@upreallc.com>= ; dean@transocean.com
Subject= : Re: Sub basement at 267 Fifth Ave

 

Thank = you for this information.   I=E2=80=99m traveling today and will be = back in the office Monday.  We=E2=80=99ll have some firm answers = for you then.  I hope this works, our whole team is in different = places today.  

Stephen 


On Feb 22, 2018, at = 6:07 PM, Pavan M. Uttam <pavan.uttam@upreallc.com>= wrote:

Stephen:&nbs= p;

The space = is approx. 836 sf.

LL is = asking $30/sf for the space. Electric is $3.50/sf and garbage collection = is $0.84/sf.

Term is = between 3-5 years. 

 

Thanks

 

Pavan=

 

Sent from my = iPhone


On Feb 21, 2018, at 12:35 PM, <stephen@transocean.com> = <stephen@transocean.com> = wrote:

Pavan,

We are = interested in pursuing the space.  I just called and left a message = as well.  I=E2=80=99d like to get an outline of the terms and = review the dates, etc.  Can you call me back when you have a = chance?

Thank you,

Stephen

Mobile = =E2=80=93 917-561-7397

Office = =E2=80=93 914-949-5656 x118

 

 

Stephen = Hoberman

Vice President =E2=80=93 = Business Development

Trans-Ocean = Import Co.

(917) = 561-7397

stephen@transocean.com

 

 

 

 

Hi Stephen/ = Dean:

 

Please advise your interest in the = space.

 

Kind regards

 

Pavan

 

From: stephen@transocean.com [mailto:stephen@transocean.com]=
Sent: Wednesday, February 14, 2018 2:03 PM
To: = 'Nadine Padilla' <nadinevanda@upreallc.com>=
Cc: 'Pavan M. Uttam' <pavan.uttam@upreallc.com>= ; dean@transocean.com
Subject= : RE: Sub basement at 267 Fifth Ave

 

It=E2=80=99s = getting pretty late and we=E2=80=99re in Westchester.

Is Friday morning possible?

 

 

 

Stephen,

 

Today before 5 works tomorrow is no = good.

 

Best,

Nadine 

 

Sent from my iPhone


On Feb 14, 2018, at = 1:25 PM, <stephen@transocean.com> = <stephen@transocean.com> = wrote:

Hi Nadine,

I am = trying to schedule time for a colleague to visit today or = tomorrow.

His name is Dean Smith = =E2=80=93 he=E2=80=99s cc=E2=80=99d here.

Stephen

 

 

 

yes, i'll go speak with him now. Stephen when are you = available ? 

 

Sent from my iPhone


On Feb 14, 2018, at = 9:26 AM, Pavan M. Uttam <pavan.uttam@upreallc.com>= wrote:

Good morning Nadine 

Can you touch base with the landlord and schedule a = viewing of the sub basement space either today or tomorrow for Stephen, = please ?

Thanks 

Pavan 

Sent from my = iPhone


On Feb 14, 2018, at 7:44 PM, <stephen@transocean.com> = <stephen@transocean.com> = wrote:

Good Morning =E2=80=93 Just following up if we can = visit today or tomorrow.

Thanks,

Stephen

 

 

From: stephen@transocean.com [mailto:stephen@transocean.com]=
Sent: Tuesday, February 13, 2018 10:23 AM
To: = 'Pavan M. Uttam' <pavan.uttam@upreallc.com>=
Subject: RE: Textile Market

 

Hi = Pavan,

I guess we didn=E2=80=99t = realize the loss factor was so high.  I think we=E2=80=99d still = like to pursue it, can I have one of my colleagues see the space = tomorrow or Thursday?

Stephen

 

 

 

The net = is 45 by 13 and when you deduct 30 percent loss factor from 836 you get = a net of 585.

LL says to = use the freight elevator upto twice a month is = acceptable.

Thanks 

Pavan 

Sent from my = iPhone


On Feb 13, 2018, at 1:05 AM, <stephen@transocean.com> = <stephen@transocean.com> = wrote:

Does this say = 13=E2=80=99x45=E2=80=99?

That is only = 585 sf, that seems like too large a loss factor.

I thought it measured 18=E2=80=99 or so = wide.

 

 

 

Hi = Stephen:

 

I have forwarded your email to the landlord. Please = see attached floorplan.

 

Thanks

 

Pavan

 

From: stephen@transocean.com [mailto:stephen@transocean.com]=
Sent: Monday, February 12, 2018 12:13 PM
To: = 'Pavan M. Uttam' <pavan.uttam@upreallc.com>=
Subject: RE: Textile Market

 

Pavan,

The team is = interested in the sub basement showroom.

Can you just give some firm details on = it?

Measurements, usable = SF?

 

Also, can you find out if we=E2=80=99re able to use = the freight elevator for deliveries once or twice per month since there = is no elevator directly to the showroom?

Thanks,

Stephen

 

 

From: stephen@transocean.com [mailto:stephen@transocean.com]=
Sent: Wednesday, February 7, 2018 7:16 PM
To: = 'Pavan M. Uttam' <pavan.uttam@upreallc.com>=
Subject: RE: Textile Market

 

Pavan,

Thank you I = will check with the owners.

If any = other floors in the 800-1400 sf range open up please let us = know.

Thanks,

Stephen

 

 

 

Stephen:

 

We have no = availability for market.

 

From on or = around April 1, there is 837 sf available in the sub basement. Ask is in = the low$30=E2=80=99s.

 

Thanks

 

Pavan

 

From: stephen@transocean.com [mailto:stephen@transocean.com]=
Sent: Wednesday, February 7, 2018 12:23 PM
To: = 'Pavan M. Uttam' <pavan.uttam@upreallc.com>=
Subject: RE: Textile Market

 

Just wanted = to follow up about market =E2=80=93 we=E2=80=99re trying to finalize = plans. 

Please let me know = availability for market and ongoing.

 

 

 

Stephen:

 

I will = update you tomorrow.

 

Kind = regards

 

Pavan

 

 

UP = Real Estate Advisors LLC

146 = West 29th St, 12th Fl

New York, NY 10001

www.upreallc.com

www.universtay.com

<image001.jpg><image002.jpg>

=

 

 

 

From: Stephen Hoberman [mailto:stephen@transocean.com]=
Sent: Wednesday, January 31, 2018 5:10 PM
To: = Pavan M. Uttam <pavan.uttam@upreallc.com>=
Cc: nadinevanda@upreallc.com
= Subject: Re: Textile Market

 

Pavan-

Can we work on a space for = March? 

 


On Jan 23, 2018, at 7:56 AM, Pavan M. = Uttam <pavan.uttam@upreallc.com>= wrote:

Good morning Stephen 

Nadine is checking with the tenant and will confirm = shortly.

Kind = regards 

Pavan 

Sent from my = iPhone


On Jan 23, 2018, at 9:08 AM, <stephen@transocean.com> = <stephen@transocean.com> = wrote:

Hello,

I am = planning to be by there this afternoon around 5pm.  Is that ok to = see the available spaces? 

My = mobile # is (917) 561-7397 if you need to reach me.

 

Thanks,

Stephen

 

 

 

The 600 sf = just signed a lease. We have two spaces approx. 1250 and 1750 sf on the = 5th floor that are available on or after March 1st = on long term basis for $62/ sf plus electric.

We could also divide the 1250 sf into 2 spaces with a = curtain for market. That would be for $5500 each for market = week.

I=E2=80=99m happy to show you = next week.

 

Kind regards

 

Pavan

 

UP = Real Estate Advisors LLC

146 = West 29th St, 12th Fl

New York, NY 10001

www.upreallc.com

www.universtay.com

<image001.jpg><image002.jpg>

=

 

 

 

 

 

From: stephen@transocean.com [mailto:stephen@transocean.com]=
Sent: Wednesday, January 17, 2018 10:48 AM
To: = 'Pavan M. Uttam' <pavan.uttam@upreallc.com>=
Subject: RE: Textile Market

 

Can you tell = me about the 600 sf space?  Is it still available =E2=80=93 what = floor =E2=80=93 how much would it be for the market?

We like the building very much =E2=80=93 would love to = consider for permanent down the line.

I=E2=80=99d still like to come see it next = week.

 

 

 

Sure, please = email or call us at 212 643 8850 closer to the time.

 

From: stephen@transocean.com [mailto:stephen@transocean.com]=
Sent: Tuesday, January 9, 2018 3:45 PM
To: 'Pavan = M. Uttam' <pavan.uttam@upreallc.com>=
Subject: RE: Textile Market

 

That sounds = very nice and might work.

Can I come = and see it on 1/23 when I am back in NYC?

 

 

 

Stephen:

 

Thank you = for the email. We may have a 600 sf space available for market week. = It=E2=80=99s well laid out so it might work for you. I=E2=80=99m happy = to show you if you like.

 

Also, do = consider this building for permanent space going forward. It=E2=80=99s = got a very nice lobby, the showrooms have high ceilings, the building is = well run and the staff is great.

 

Kind = regards

 

Pavan M. Uttam

 

UP = Real Estate Advisors LLC

146 = West 29th St, 12th Fl

New York, NY 10001

www.upreallc.com

<image001.jpg>

 

 

From: stephen@transocean.com [mailto:stephen@transocean.com]=
Sent: Tuesday, January 9, 2018 3:02 PM
To: pavan.uttam@tclnyc.com
S= ubject: Textile Market

 

Pavan,

Was curious = if 267 Fifth would want to rent any space out just for the market week = in March.  We just moved out of our showroom on Madison and are not = sure which building to move into =E2=80=93 so we wanted to get a temp = space for this market until we figure it out.

We are a rug company and would need 800-2200 = sf.

Thanks,

Stephen

 

 

Stephen = Hoberman

Vice President =E2=80=93 = Business Development

Trans-Ocean = Import Co.

(917) = 561-7397

stephen@transocean.com

 

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