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From: "Pavan M. Uttam" <pavan.uttam@upreallc.com>
To: <stephen@transocean.com>
Cc: "'Charley Peck'" <charley@transocean.com>,
	"'Dean Smith'" <dean@transocean.com>
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In-Reply-To: <011201d3b7ad$3c2c7c90$b48575b0$@transocean.com>
Subject: RE: Sub basement at 267 Fifth Ave 
Date: Fri, 9 Mar 2018 10:54:40 -0500
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 Content preview:  Stephen: Thank you for emailing this over. I have forwarded
    to ownership for review. [...] 
 
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------=_NextPart_000_0114_01D3B795.06D97100
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Stephen:

=20

Thank you for emailing this over.

I have forwarded to ownership for review.

=20

Kind regards

=20

Pavan

=20

=20

From: stephen@transocean.com <stephen@transocean.com>=20
Sent: Friday, March 9, 2018 8:48 AM
To: 'Pavan M. Uttam' <pavan.uttam@upreallc.com>
Cc: Charley Peck <charley@transocean.com>; 'Dean Smith' =
<dean@transocean.com>
Subject: FW: Sub basement at 267 Fifth Ave=20

=20

Pavan,

We had our Attorney review the lease, it is attached with his notes.  =
Please pass along to landlord for their review and let us know next =
steps.

Thanks,

Stephen

=20

=20

=20

From: Pavan M. Uttam <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >=20
Sent: Tuesday, February 27, 2018 10:58 AM
To: stephen@transocean.com <mailto:stephen@transocean.com>=20
Cc: 'Nadine Padilla' <nadinevanda@upreallc.com =
<mailto:nadinevanda@upreallc.com> >; dean@transocean.com =
<mailto: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>  =
[mailto:stephen@transocean.com]=20
Sent: Monday, February 26, 2018 1:14 PM
To: 'Pavan M. Uttam' <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >
Cc: 'Nadine Padilla' <nadinevanda@upreallc.com =
<mailto:nadinevanda@upreallc.com> >; dean@transocean.com =
<mailto: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' <stephen@transocean.com =
<mailto:stephen@transocean.com> >
Cc: 'Nadine Padilla' <nadinevanda@upreallc.com =
<mailto:nadinevanda@upreallc.com> >; dean@transocean.com =
<mailto: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 <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >
Cc: Nadine Padilla <nadinevanda@upreallc.com =
<mailto:nadinevanda@upreallc.com> >; dean@transocean.com =
<mailto: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 <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> > 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, <stephen@transocean.com =
<mailto:stephen@transocean.com> > <stephen@transocean.com =
<mailto: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

=20

=20

Stephen Hoberman

Vice President =E2=80=93 Business Development

Trans-Ocean Import Co.

(917) 561-7397

stephen@transocean.com <mailto: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 <mailto:stephen@transocean.com> ; 'Nadine =
Padilla' <nadinevanda@upreallc.com <mailto:nadinevanda@upreallc.com> >
Cc: dean@transocean.com <mailto: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>  =
[mailto:stephen@transocean.com]=20
Sent: Wednesday, February 14, 2018 2:03 PM
To: 'Nadine Padilla' <nadinevanda@upreallc.com =
<mailto:nadinevanda@upreallc.com> >
Cc: 'Pavan M. Uttam' <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >; dean@transocean.com =
<mailto: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 <mailto:stephen@transocean.com>=20
Cc: Pavan M. Uttam <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >; dean@transocean.com =
<mailto: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, <stephen@transocean.com =
<mailto: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

=20

=20

From: Nadine Padilla [mailto:nadinevanda@upreallc.com]=20
Sent: Wednesday, February 14, 2018 1:12 PM
To: Pavan M. Uttam <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >
Cc: stephen@transocean.com <mailto: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 <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> > 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, <stephen@transocean.com =
<mailto:stephen@transocean.com> > <stephen@transocean.com =
<mailto:stephen@transocean.com> > 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>  =
[mailto:stephen@transocean.com]=20
Sent: Tuesday, February 13, 2018 10:23 AM
To: 'Pavan M. Uttam' <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >
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 <mailto: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, <stephen@transocean.com =
<mailto:stephen@transocean.com> > <stephen@transocean.com =
<mailto: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.

=20

=20

From: Pavan M. Uttam [mailto:pavan.uttam@upreallc.com]=20
Sent: Monday, February 12, 2018 2:30 PM
To: stephen@transocean.com <mailto: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>  =
[mailto:stephen@transocean.com]=20
Sent: Monday, February 12, 2018 12:13 PM
To: 'Pavan M. Uttam' <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >
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>  =
[mailto:stephen@transocean.com]=20
Sent: Wednesday, February 7, 2018 7:16 PM
To: 'Pavan M. Uttam' <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >
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 <mailto: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>  =
[mailto:stephen@transocean.com]=20
Sent: Wednesday, February 7, 2018 12:23 PM
To: 'Pavan M. Uttam' <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >
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' <stephen@transocean.com =
<mailto:stephen@transocean.com> >
Cc: nadinevanda@upreallc.com <mailto: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

 <http://www.upreallc.com> www.upreallc.com

 <http://www.universtay.com/> www.universtay.com

<image001.jpg><image002.jpg>

=20

=20

=20

From: Stephen Hoberman [mailto:stephen@transocean.com]=20
Sent: Wednesday, January 31, 2018 5:10 PM
To: Pavan M. Uttam <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >
Cc: nadinevanda@upreallc.com <mailto: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 <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> > 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, <stephen@transocean.com =
<mailto:stephen@transocean.com> > <stephen@transocean.com =
<mailto:stephen@transocean.com> > 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 <mailto: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

 <http://www.upreallc.com> www.upreallc.com

 <http://www.universtay.com/> www.universtay.com

<image001.jpg><image002.jpg>

=20

=20

=20

=20

=20

From: stephen@transocean.com <mailto:stephen@transocean.com>  =
[mailto:stephen@transocean.com]=20
Sent: Wednesday, January 17, 2018 10:48 AM
To: 'Pavan M. Uttam' <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >
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 <mailto: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>  =
[mailto:stephen@transocean.com]=20
Sent: Tuesday, January 9, 2018 3:45 PM
To: 'Pavan M. Uttam' <pavan.uttam@upreallc.com =
<mailto:pavan.uttam@upreallc.com> >
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 <mailto: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

 <http://www.upreallc.com> www.upreallc.com

<image001.jpg>

=20

=20

From: stephen@transocean.com <mailto:stephen@transocean.com>  =
[mailto:stephen@transocean.com]=20
Sent: Tuesday, January 9, 2018 3:02 PM
To: pavan.uttam@tclnyc.com <mailto: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 <mailto:stephen@transocean.com>=20

=20


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</o:shapelayout></xml><![endif]--></head><body lang=3DEN-US =
link=3D"#0563C1" vlink=3D"#954F72"><div class=3DWordSection1><p =
class=3DMsoNormal>Stephen:<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Thank you =
for emailing this over.<o:p></o:p></p><p class=3DMsoNormal>I have =
forwarded to ownership for review.<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Kind =
regards<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Pavan<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> stephen@transocean.com =
&lt;stephen@transocean.com&gt; <br><b>Sent:</b> Friday, March 9, 2018 =
8:48 AM<br><b>To:</b> 'Pavan M. Uttam' =
&lt;pavan.uttam@upreallc.com&gt;<br><b>Cc:</b> Charley Peck =
&lt;charley@transocean.com&gt;; 'Dean Smith' =
&lt;dean@transocean.com&gt;<br><b>Subject:</b> FW: Sub basement at 267 =
Fifth Ave <o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Pavan,<o:p></o:p></p><p class=3DMsoNormal>We had our =
Attorney review the lease, it is attached with his notes.&nbsp; Please =
pass along to landlord for their review and let us know next =
steps.<o:p></o:p></p><p class=3DMsoNormal>Thanks,<o:p></o:p></p><p =
class=3DMsoNormal>Stephen<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Pavan M. Uttam &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
 <br><b>Sent:</b> Tuesday, February 27, 2018 10:58 AM<br><b>To:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a><br><b>C=
c:</b> 'Nadine Padilla' &lt;<a =
href=3D"mailto:nadinevanda@upreallc.com">nadinevanda@upreallc.com</a>&gt;=
; <a =
href=3D"mailto:dean@transocean.com">dean@transocean.com</a><br><b>Subject=
:</b> RE: Sub basement at 267 Fifth Ave <o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Hi =
Stephen:<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Thank you for the offer. <o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>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.<o:p></o:p></p><p class=3DMsoNormal>The Landlord will not take less =
than what he is currently getting.<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Based on the =
below email, you are offering $1985.50/month all =
inclusive.<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Taking into consideration your use and traffic, the =
Landlord has countered <span =
style=3D'color:#212121'>at:<o:p></o:p></span></p><ol =
style=3D'margin-top:0in' start=3D1 type=3D1><li class=3DMsoNormal =
style=3D'color:#212121;mso-list:l1 level1 =
lfo3'>$2200/month<o:p></o:p></li><li class=3DMsoNormal =
style=3D'color:#212121;mso-list:l1 level1 lfo3'>lease and rent to =
commence on April 1<o:p></o:p></li><li class=3DMsoNormal =
style=3D'color:#212121;mso-list:l1 level1 lfo3'>space will be delivered =
as is basis, vacant and broom clean<o:p></o:p></li><li class=3DMsoNormal =
style=3D'color:#212121;mso-list:l1 level1 lfo3'>3.5% standard =
escalations from Year 2 <o:p></o:p></li></ol><p class=3DMsoNormal><span =
style=3D'color:#212121'><o:p>&nbsp;</o:p></span></p><p =
class=3DMsoNormal>Please let us know if this is =
acceptable.<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Kind regards<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Pavan<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a> [<a =
href=3D"mailto:stephen@transocean.com">mailto:stephen@transocean.com</a>]=
 <br><b>Sent:</b> Monday, February 26, 2018 1:14 PM<br><b>To:</b> 'Pavan =
M. Uttam' &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
<br><b>Cc:</b> 'Nadine Padilla' &lt;<a =
href=3D"mailto:nadinevanda@upreallc.com">nadinevanda@upreallc.com</a>&gt;=
; <a =
href=3D"mailto:dean@transocean.com">dean@transocean.com</a><br><b>Subject=
:</b> RE: Sub basement at 267 Fifth Ave <o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Hi =
Pavan,<o:p></o:p></p><p class=3DMsoNormal>We reviewed it here and have =
some thoughts.&nbsp; If you=E2=80=99re able to run by the landlord, that =
would be great.<o:p></o:p></p><p class=3DMsoNormal>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.<o:p></o:p></p><p =
class=3DMsoNormal>To that end, we can budget the following if it works =
for the building:<o:p></o:p></p><p class=3DMsoNormal>Rent =E2=80=93 we =
can offer $26 psf<o:p></o:p></p><p class=3DMsoNormal>Electric =E2=80=93 =
we feel since we will be very part time we can offer $2 =
psf.<o:p></o:p></p><p class=3DMsoNormal>Garbage =E2=80=93 again due to =
light use, we can offer $0.50 psf.<o:p></o:p></p><p =
class=3DMsoNormal>This brings the sum to about $28.50 which is in our =
range.<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Please let me know if this or something similarly =
structured can work for them.<o:p></o:p></p><p class=3DMsoNormal>Thanks =
for your help-<o:p></o:p></p><p =
class=3DMsoNormal>Stephen<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Pavan M. Uttam [<a =
href=3D"mailto:pavan.uttam@upreallc.com">mailto:pavan.uttam@upreallc.com<=
/a>] <br><b>Sent:</b> Friday, February 23, 2018 12:58 PM<br><b>To:</b> =
'Stephen Hoberman' &lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt;<br>=
<b>Cc:</b> 'Nadine Padilla' &lt;<a =
href=3D"mailto:nadinevanda@upreallc.com">nadinevanda@upreallc.com</a>&gt;=
; <a =
href=3D"mailto:dean@transocean.com">dean@transocean.com</a><br><b>Subject=
:</b> RE: Sub basement at 267 Fifth Ave <o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>That=E2=80=99s fine, have a great =
weekend.<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Stephen Hoberman [<a =
href=3D"mailto:stephen@transocean.com">mailto:stephen@transocean.com</a>]=
 <br><b>Sent:</b> Friday, February 23, 2018 9:32 AM<br><b>To:</b> Pavan =
M. Uttam &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
<br><b>Cc:</b> Nadine Padilla &lt;<a =
href=3D"mailto:nadinevanda@upreallc.com">nadinevanda@upreallc.com</a>&gt;=
; <a =
href=3D"mailto:dean@transocean.com">dean@transocean.com</a><br><b>Subject=
:</b> Re: Sub basement at 267 Fifth Ave <o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><p class=3DMsoNormal>Thank =
you for this information. &nbsp; I=E2=80=99m traveling today and will be =
back in the office Monday. &nbsp;We=E2=80=99ll have some firm answers =
for you then. &nbsp;I hope this works, our whole team is in different =
places today. &nbsp;<o:p></o:p></p></div><div><p =
class=3DMsoNormal>Stephen&nbsp;<o:p></o:p></p></div><div><p =
class=3DMsoNormal style=3D'margin-bottom:12.0pt'><br>On Feb 22, 2018, at =
6:07 PM, Pavan M. Uttam &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
 wrote:<o:p></o:p></p></div><blockquote =
style=3D'margin-top:5.0pt;margin-bottom:5.0pt'><div><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span =
style=3D'font-size:12.0pt;font-family:UICTFontTextStyleBody'>Stephen:&nbs=
p;</span><o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span =
style=3D'font-size:12.0pt;font-family:UICTFontTextStyleBody'>The space =
is approx. 836 sf.</span><o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span =
style=3D'font-size:12.0pt;font-family:UICTFontTextStyleBody'>LL is =
asking $30/sf for the space. Electric is $3.50/sf and garbage collection =
is $0.84/sf.</span><o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span =
style=3D'font-size:12.0pt;font-family:UICTFontTextStyleBody'>Term is =
between 3-5 years.&nbsp;</span><o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span =
style=3D'font-size:12.0pt;font-family:UICTFontTextStyleBody'>&nbsp;</span=
><o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span =
style=3D'font-size:12.0pt;font-family:UICTFontTextStyleBody'>Thanks</span=
><o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span =
style=3D'font-size:12.0pt;font-family:UICTFontTextStyleBody'>&nbsp;</span=
><o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span =
style=3D'font-size:12.0pt;font-family:UICTFontTextStyleBody'>Pavan</span>=
<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><div =
id=3DAppleMailSignature><p class=3DMsoNormal>Sent from my =
iPhone<o:p></o:p></p></div><div><p class=3DMsoNormal =
style=3D'margin-bottom:12.0pt'><br>On Feb 21, 2018, at 12:35 PM, &lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt; =
&lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt; =
wrote:<o:p></o:p></p></div><blockquote =
style=3D'margin-top:5.0pt;margin-bottom:5.0pt'><div><p =
class=3DMsoNormal>Pavan,<o:p></o:p></p><p class=3DMsoNormal>We are =
interested in pursuing the space.&nbsp; I just called and left a message =
as well.&nbsp; I=E2=80=99d like to get an outline of the terms and =
review the dates, etc.&nbsp; Can you call me back when you have a =
chance?<o:p></o:p></p><p class=3DMsoNormal>Thank you,<o:p></o:p></p><p =
class=3DMsoNormal>Stephen<o:p></o:p></p><p class=3DMsoNormal>Mobile =
=E2=80=93 917-561-7397<o:p></o:p></p><p class=3DMsoNormal>Office =
=E2=80=93 914-949-5656 x118<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>Stephen =
Hoberman<o:p></o:p></p><p class=3DMsoNormal>Vice President =E2=80=93 =
Business Development<o:p></o:p></p><p class=3DMsoNormal>Trans-Ocean =
Import Co.<o:p></o:p></p><p class=3DMsoNormal>(917) =
561-7397<o:p></o:p></p><p class=3DMsoNormal><a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a><o:p></o=
:p></p><p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Pavan M. Uttam [<a =
href=3D"mailto:pavan.uttam@upreallc.com">mailto:pavan.uttam@upreallc.com<=
/a>] <br><b>Sent:</b> Wednesday, February 21, 2018 11:54 =
AM<br><b>To:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>; =
'Nadine Padilla' &lt;<a =
href=3D"mailto:nadinevanda@upreallc.com">nadinevanda@upreallc.com</a>&gt;=
<br><b>Cc:</b> <a =
href=3D"mailto:dean@transocean.com">dean@transocean.com</a><br><b>Subject=
:</b> RE: Sub basement at 267 Fifth Ave <o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>Hi Stephen/ =
Dean:<o:p></o:p></p><p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Please advise your interest in the =
space.<o:p></o:p></p><p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Kind regards<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Pavan<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a> [<a =
href=3D"mailto:stephen@transocean.com">mailto:stephen@transocean.com</a>]=
 <br><b>Sent:</b> Wednesday, February 14, 2018 2:03 PM<br><b>To:</b> =
'Nadine Padilla' &lt;<a =
href=3D"mailto:nadinevanda@upreallc.com">nadinevanda@upreallc.com</a>&gt;=
<br><b>Cc:</b> 'Pavan M. Uttam' &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
; <a =
href=3D"mailto:dean@transocean.com">dean@transocean.com</a><br><b>Subject=
:</b> RE: Sub basement at 267 Fifth Ave <o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>It=E2=80=99s =
getting pretty late and we=E2=80=99re in Westchester.<o:p></o:p></p><p =
class=3DMsoNormal>Is Friday morning possible?<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Nadine Padilla [<a =
href=3D"mailto:nadinevanda@upreallc.com">mailto:nadinevanda@upreallc.com<=
/a>] <br><b>Sent:</b> Wednesday, February 14, 2018 1:57 PM<br><b>To:</b> =
<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a><br><b>C=
c:</b> Pavan M. Uttam &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
; <a =
href=3D"mailto:dean@transocean.com">dean@transocean.com</a><br><b>Subject=
:</b> Re: Sub basement at 267 Fifth Ave <o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Stephen,<o:p></o:p></p><div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></div><div><p =
class=3DMsoNormal>Today before 5 works tomorrow is no =
good.<o:p></o:p></p></div><div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></div><div><p =
class=3DMsoNormal>Best,<o:p></o:p></p></div><div><p =
class=3DMsoNormal>Nadine&nbsp;<o:p></o:p></p></div><div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div id=3DAppleMailSignature><p =
class=3DMsoNormal>Sent from my iPhone<o:p></o:p></p></div><div><p =
class=3DMsoNormal style=3D'margin-bottom:12.0pt'><br>On Feb 14, 2018, at =
1:25 PM, &lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt; =
&lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt; =
wrote:<o:p></o:p></p></div><blockquote =
style=3D'margin-top:5.0pt;margin-bottom:5.0pt'><div><p =
class=3DMsoNormal>Hi Nadine,<o:p></o:p></p><p class=3DMsoNormal>I am =
trying to schedule time for a colleague to visit today or =
tomorrow.<o:p></o:p></p><p class=3DMsoNormal>His name is Dean Smith =
=E2=80=93 he=E2=80=99s cc=E2=80=99d here.<o:p></o:p></p><p =
class=3DMsoNormal>Stephen<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Nadine Padilla [<a =
href=3D"mailto:nadinevanda@upreallc.com">mailto:nadinevanda@upreallc.com<=
/a>] <br><b>Sent:</b> Wednesday, February 14, 2018 1:12 PM<br><b>To:</b> =
Pavan M. Uttam &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
<br><b>Cc:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a><br><b>S=
ubject:</b> Re: Sub basement at 267 Fifth Ave =
<o:p></o:p></p></div></div><p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>yes, i'll go speak with him now. Stephen when are you =
available ?&nbsp;<o:p></o:p></p><div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div id=3DAppleMailSignature><p =
class=3DMsoNormal>Sent from my iPhone<o:p></o:p></p></div><div><p =
class=3DMsoNormal style=3D'margin-bottom:12.0pt'><br>On Feb 14, 2018, at =
9:26 AM, Pavan M. Uttam &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
 wrote:<o:p></o:p></p></div><blockquote =
style=3D'margin-top:5.0pt;margin-bottom:5.0pt'><div><p =
class=3DMsoNormal>Good morning Nadine&nbsp;<o:p></o:p></p><div><p =
class=3DMsoNormal>Can you touch base with the landlord and schedule a =
viewing of the sub basement space either today or tomorrow for Stephen, =
please ?<o:p></o:p></p></div><div><p =
class=3DMsoNormal>Thanks&nbsp;<o:p></o:p></p></div><div><p =
class=3DMsoNormal =
style=3D'margin-bottom:12.0pt'>Pavan&nbsp;<o:p></o:p></p><div =
id=3DAppleMailSignature><p class=3DMsoNormal>Sent from my =
iPhone<o:p></o:p></p></div><div><p class=3DMsoNormal =
style=3D'margin-bottom:12.0pt'><br>On Feb 14, 2018, at 7:44 PM, &lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt; =
&lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt; =
wrote:<o:p></o:p></p></div><blockquote =
style=3D'margin-top:5.0pt;margin-bottom:5.0pt'><div><p =
class=3DMsoNormal>Good Morning =E2=80=93 Just following up if we can =
visit today or tomorrow.<o:p></o:p></p><p =
class=3DMsoNormal>Thanks,<o:p></o:p></p><p =
class=3DMsoNormal>Stephen<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a> [<a =
href=3D"mailto:stephen@transocean.com">mailto:stephen@transocean.com</a>]=
 <br><b>Sent:</b> Tuesday, February 13, 2018 10:23 AM<br><b>To:</b> =
'Pavan M. Uttam' &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
<br><b>Subject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>Hi =
Pavan,<o:p></o:p></p><p class=3DMsoNormal>I guess we didn=E2=80=99t =
realize the loss factor was so high.&nbsp; I think we=E2=80=99d still =
like to pursue it, can I have one of my colleagues see the space =
tomorrow or Thursday?<o:p></o:p></p><p =
class=3DMsoNormal>Stephen<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Pavan M. Uttam [<a =
href=3D"mailto:pavan.uttam@upreallc.com">mailto:pavan.uttam@upreallc.com<=
/a>] <br><b>Sent:</b> Monday, February 12, 2018 7:40 PM<br><b>To:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a><br><b>S=
ubject:</b> Re: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><p class=3DMsoNormal>The net =
is 45 by 13 and when you deduct 30 percent loss factor from 836 you get =
a net of 585.<o:p></o:p></p></div><div><p class=3DMsoNormal>LL says to =
use the freight elevator upto twice a month is =
acceptable.<o:p></o:p></p></div><div><p =
class=3DMsoNormal>Thanks&nbsp;<o:p></o:p></p></div><div><p =
class=3DMsoNormal =
style=3D'margin-bottom:12.0pt'>Pavan&nbsp;<o:p></o:p></p><div =
id=3DAppleMailSignature><p class=3DMsoNormal>Sent from my =
iPhone<o:p></o:p></p></div><div><p class=3DMsoNormal =
style=3D'margin-bottom:12.0pt'><br>On Feb 13, 2018, at 1:05 AM, &lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt; =
&lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt; =
wrote:<o:p></o:p></p></div><blockquote =
style=3D'margin-top:5.0pt;margin-bottom:5.0pt'><div><p =
class=3DMsoNormal>Does this say =
13=E2=80=99x45=E2=80=99?<o:p></o:p></p><p class=3DMsoNormal>That is only =
585 sf, that seems like too large a loss factor.<o:p></o:p></p><p =
class=3DMsoNormal>I thought it measured 18=E2=80=99 or so =
wide.<o:p></o:p></p><p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Pavan M. Uttam [<a =
href=3D"mailto:pavan.uttam@upreallc.com">mailto:pavan.uttam@upreallc.com<=
/a>] <br><b>Sent:</b> Monday, February 12, 2018 2:30 PM<br><b>To:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a><br><b>S=
ubject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>Hi =
Stephen:<o:p></o:p></p><p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>I have forwarded your email to the landlord. Please =
see attached floorplan.<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Thanks<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Pavan<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a> [<a =
href=3D"mailto:stephen@transocean.com">mailto:stephen@transocean.com</a>]=
 <br><b>Sent:</b> Monday, February 12, 2018 12:13 PM<br><b>To:</b> =
'Pavan M. Uttam' &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
<br><b>Subject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Pavan,<o:p></o:p></p><p class=3DMsoNormal>The team is =
interested in the sub basement showroom.<o:p></o:p></p><p =
class=3DMsoNormal>Can you just give some firm details on =
it?<o:p></o:p></p><p class=3DMsoNormal>Measurements, usable =
SF?<o:p></o:p></p><p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>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?<o:p></o:p></p><p =
class=3DMsoNormal>Thanks,<o:p></o:p></p><p =
class=3DMsoNormal>Stephen<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a> [<a =
href=3D"mailto:stephen@transocean.com">mailto:stephen@transocean.com</a>]=
 <br><b>Sent:</b> Wednesday, February 7, 2018 7:16 PM<br><b>To:</b> =
'Pavan M. Uttam' &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
<br><b>Subject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Pavan,<o:p></o:p></p><p class=3DMsoNormal>Thank you I =
will check with the owners.<o:p></o:p></p><p class=3DMsoNormal>If any =
other floors in the 800-1400 sf range open up please let us =
know.<o:p></o:p></p><p class=3DMsoNormal>Thanks,<o:p></o:p></p><p =
class=3DMsoNormal>Stephen<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Pavan M. Uttam [<a =
href=3D"mailto:pavan.uttam@upreallc.com">mailto:pavan.uttam@upreallc.com<=
/a>] <br><b>Sent:</b> Wednesday, February 7, 2018 2:43 PM<br><b>To:</b> =
<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a><br><b>S=
ubject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Stephen:<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>We have no =
availability for market.<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>From on or =
around April 1, there is 837 sf available in the sub basement. Ask is in =
the low$30=E2=80=99s.<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Thanks<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Pavan<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a> [<a =
href=3D"mailto:stephen@transocean.com">mailto:stephen@transocean.com</a>]=
 <br><b>Sent:</b> Wednesday, February 7, 2018 12:23 PM<br><b>To:</b> =
'Pavan M. Uttam' &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
<br><b>Subject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>Just wanted =
to follow up about market =E2=80=93 we=E2=80=99re trying to finalize =
plans.&nbsp; <o:p></o:p></p><p class=3DMsoNormal>Please let me know =
availability for market and ongoing.<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Pavan M. Uttam [<a =
href=3D"mailto:pavan.uttam@upreallc.com">mailto:pavan.uttam@upreallc.com<=
/a>] <br><b>Sent:</b> Wednesday, January 31, 2018 5:32 PM<br><b>To:</b> =
'Stephen Hoberman' &lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt;<br>=
<b>Cc:</b> <a =
href=3D"mailto:nadinevanda@upreallc.com">nadinevanda@upreallc.com</a><br>=
<b>Subject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Stephen:<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>I will =
update you tomorrow.<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>Kind =
regards<o:p></o:p></p><p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Pavan<o:p></o:p></p><p =
class=3DMsoNormal><i>&nbsp;</i><o:p></o:p></p><p =
class=3DMsoNormal><i>&nbsp;</i><o:p></o:p></p><p class=3DMsoNormal><i>UP =
Real Estate Advisors LLC</i><o:p></o:p></p><p class=3DMsoNormal><i>146 =
West 29<sup>th</sup> St, 12<sup>th</sup> Fl</i><o:p></o:p></p><p =
class=3DMsoNormal><i>New York, NY 10001</i><o:p></o:p></p><p =
class=3DMsoNormal><a =
href=3D"http://www.upreallc.com"><i>www.upreallc.com</i></a><o:p></o:p></=
p><p class=3DMsoNormal><a href=3D"http://www.universtay.com/"><i><span =
style=3D'color:windowtext'>www.universtay.com</span></i></a><o:p></o:p></=
p><p =
class=3DMsoNormal>&lt;image001.jpg&gt;&lt;image002.jpg&gt;<o:p></o:p></p>=
<p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Stephen Hoberman [<a =
href=3D"mailto:stephen@transocean.com">mailto:stephen@transocean.com</a>]=
 <br><b>Sent:</b> Wednesday, January 31, 2018 5:10 PM<br><b>To:</b> =
Pavan M. Uttam &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
<br><b>Cc:</b> <a =
href=3D"mailto:nadinevanda@upreallc.com">nadinevanda@upreallc.com</a><br>=
<b>Subject:</b> Re: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><p =
class=3DMsoNormal>Pavan-<o:p></o:p></p></div><div><p =
class=3DMsoNormal>Can we work on a space for =
March?&nbsp;<o:p></o:p></p></div><div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></div><div><p class=3DMsoNormal =
style=3D'margin-bottom:12.0pt'><br>On Jan 23, 2018, at 7:56 AM, Pavan M. =
Uttam &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
 wrote:<o:p></o:p></p></div><blockquote =
style=3D'margin-top:5.0pt;margin-bottom:5.0pt'><div><p =
class=3DMsoNormal>Good morning Stephen&nbsp;<o:p></o:p></p><div><p =
class=3DMsoNormal>Nadine is checking with the tenant and will confirm =
shortly.<o:p></o:p></p></div><div><p class=3DMsoNormal>Kind =
regards&nbsp;<o:p></o:p></p></div><div><p class=3DMsoNormal =
style=3D'margin-bottom:12.0pt'>Pavan&nbsp;<o:p></o:p></p><div =
id=3DAppleMailSignature><p class=3DMsoNormal>Sent from my =
iPhone<o:p></o:p></p></div><div><p class=3DMsoNormal =
style=3D'margin-bottom:12.0pt'><br>On Jan 23, 2018, at 9:08 AM, &lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt; =
&lt;<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a>&gt; =
wrote:<o:p></o:p></p></div><blockquote =
style=3D'margin-top:5.0pt;margin-bottom:5.0pt'><div><p =
class=3DMsoNormal>Hello,<o:p></o:p></p><p class=3DMsoNormal>I am =
planning to be by there this afternoon around 5pm.&nbsp; Is that ok to =
see the available spaces?&nbsp; <o:p></o:p></p><p class=3DMsoNormal>My =
mobile # is (917) 561-7397 if you need to reach me.<o:p></o:p></p><p =
class=3DMsoNormal align=3Dright =
style=3D'text-align:right'>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Thanks,<o:p></o:p></p><p =
class=3DMsoNormal>Stephen<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Pavan M. Uttam [<a =
href=3D"mailto:pavan.uttam@upreallc.com">mailto:pavan.uttam@upreallc.com<=
/a>] <br><b>Sent:</b> Wednesday, January 17, 2018 11:21 AM<br><b>To:</b> =
<a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a><br><b>S=
ubject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>The 600 sf =
just signed a lease. We have two spaces approx. 1250 and 1750 sf on the =
5<sup>th</sup> floor that are available on or after March 1<sup>st</sup> =
on long term basis for $62/ sf plus electric.<o:p></o:p></p><p =
class=3DMsoNormal>We could also divide the 1250 sf into 2 spaces with a =
curtain for market. That would be for $5500 each for market =
week.<o:p></o:p></p><p class=3DMsoNormal>I=E2=80=99m happy to show you =
next week.<o:p></o:p></p><p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Kind regards<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Pavan<o:p></o:p></p><p =
class=3DMsoNormal><i>&nbsp;</i><o:p></o:p></p><p class=3DMsoNormal><i>UP =
Real Estate Advisors LLC</i><o:p></o:p></p><p class=3DMsoNormal><i>146 =
West 29<sup>th</sup> St, 12<sup>th</sup> Fl</i><o:p></o:p></p><p =
class=3DMsoNormal><i>New York, NY 10001</i><o:p></o:p></p><p =
class=3DMsoNormal><a =
href=3D"http://www.upreallc.com"><i>www.upreallc.com</i></a><o:p></o:p></=
p><p class=3DMsoNormal><a href=3D"http://www.universtay.com/"><i><span =
style=3D'color:windowtext'>www.universtay.com</span></i></a><o:p></o:p></=
p><p =
class=3DMsoNormal>&lt;image001.jpg&gt;&lt;image002.jpg&gt;<o:p></o:p></p>=
<p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a> [<a =
href=3D"mailto:stephen@transocean.com">mailto:stephen@transocean.com</a>]=
 <br><b>Sent:</b> Wednesday, January 17, 2018 10:48 AM<br><b>To:</b> =
'Pavan M. Uttam' &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
<br><b>Subject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>Can you tell =
me about the 600 sf space?&nbsp; Is it still available =E2=80=93 what =
floor =E2=80=93 how much would it be for the market?<o:p></o:p></p><p =
class=3DMsoNormal>We like the building very much =E2=80=93 would love to =
consider for permanent down the line.<o:p></o:p></p><p =
class=3DMsoNormal>I=E2=80=99d still like to come see it next =
week.<o:p></o:p></p><p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Pavan M. Uttam [<a =
href=3D"mailto:pavan.uttam@upreallc.com">mailto:pavan.uttam@upreallc.com<=
/a>] <br><b>Sent:</b> Tuesday, January 9, 2018 3:51 PM<br><b>To:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a><br><b>S=
ubject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>Sure, please =
email or call us at 212 643 8850 closer to the time.<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a> [<a =
href=3D"mailto:stephen@transocean.com">mailto:stephen@transocean.com</a>]=
 <br><b>Sent:</b> Tuesday, January 9, 2018 3:45 PM<br><b>To:</b> 'Pavan =
M. Uttam' &lt;<a =
href=3D"mailto:pavan.uttam@upreallc.com">pavan.uttam@upreallc.com</a>&gt;=
<br><b>Subject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>That sounds =
very nice and might work.<o:p></o:p></p><p class=3DMsoNormal>Can I come =
and see it on 1/23 when I am back in NYC?<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Pavan M. Uttam [<a =
href=3D"mailto:pavan.uttam@upreallc.com">mailto:pavan.uttam@upreallc.com<=
/a>] <br><b>Sent:</b> Tuesday, January 9, 2018 3:41 PM<br><b>To:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a><br><b>S=
ubject:</b> RE: Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Stephen:<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>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.<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>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.<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>Kind =
regards<o:p></o:p></p><p class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Pavan M. Uttam<o:p></o:p></p><p =
class=3DMsoNormal><i>&nbsp;</i><o:p></o:p></p><p class=3DMsoNormal><i>UP =
Real Estate Advisors LLC</i><o:p></o:p></p><p class=3DMsoNormal><i>146 =
West 29<sup>th</sup> St, 12<sup>th</sup> Fl</i><o:p></o:p></p><p =
class=3DMsoNormal><i>New York, NY 10001</i><o:p></o:p></p><p =
class=3DMsoNormal><a =
href=3D"http://www.upreallc.com"><i>www.upreallc.com</i></a><o:p></o:p></=
p><p class=3DMsoNormal>&lt;image001.jpg&gt;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> <a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a> [<a =
href=3D"mailto:stephen@transocean.com">mailto:stephen@transocean.com</a>]=
 <br><b>Sent:</b> Tuesday, January 9, 2018 3:02 PM<br><b>To:</b> <a =
href=3D"mailto:pavan.uttam@tclnyc.com">pavan.uttam@tclnyc.com</a><br><b>S=
ubject:</b> Textile Market<o:p></o:p></p></div></div><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>Pavan,<o:p></o:p></p><p class=3DMsoNormal>Was curious =
if 267 Fifth would want to rent any space out just for the market week =
in March.&nbsp; 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.<o:p></o:p></p><p =
class=3DMsoNormal>We are a rug company and would need 800-2200 =
sf.<o:p></o:p></p><p class=3DMsoNormal>Thanks,<o:p></o:p></p><p =
class=3DMsoNormal>Stephen<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p><p class=3DMsoNormal>Stephen =
Hoberman<o:p></o:p></p><p class=3DMsoNormal>Vice President =E2=80=93 =
Business Development<o:p></o:p></p><p class=3DMsoNormal>Trans-Ocean =
Import Co.<o:p></o:p></p><p class=3DMsoNormal>(917) =
561-7397<o:p></o:p></p><p class=3DMsoNormal><a =
href=3D"mailto:stephen@transocean.com">stephen@transocean.com</a><o:p></o=
:p></p><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></div></blockquote></div></div></b=
lockquote></div></blockquote></div></div></blockquote></div></div></block=
quote></div></div></blockquote></div></div></blockquote></div></blockquot=
e></div></body></html>
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