Return-Path: Delivered-To: stephen@transocean.com Received: from vps.transocean.com by vps.transocean.com with LMTP id mGDsJHgQqFrQSQAAInt2oQ for ; Tue, 13 Mar 2018 10:55:04 -0700 Return-path: Envelope-to: stephen@transocean.com Delivery-date: Tue, 13 Mar 2018 10:55:04 -0700 Received: from [187.253.190.227] (port=15849 helo=netuserpc) by vps.transocean.com with esmtpa (Exim 4.89_1) (envelope-from ) id 1evo8c-00051b-4h for stephen@transocean.com; Tue, 13 Mar 2018 10:55:04 -0700 Reply-To: From: "Charles Peck" To: 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> <007101d3b57e$39fff9a0$adffece0$@transocean.com> <011201d3b7ad$3c2c7c90$b48575b0$@transocean.com> <001101d3b7fc$d56b58a0$804209e0$@upreallc.com> <00dd01d3b9f4$9d75d3e0$d8617ba0$@transocean.com> <015101d3baf4$0def00b0$29cd0210$@transocean.com> In-Reply-To: <015101d3baf4$0def00b0$29cd0210$@transocean.com> Subject: RE: Sub basement at 267 Fifth Ave Date: Tue, 13 Mar 2018 13:54:52 -0400 Organization: Trans-Ocean Message-ID: <011601d3baf4$64ea0040$2ebe00c0$@transocean.com> MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_NextPart_000_0117_01D3BAD2.DDE7A280" X-Mailer: Microsoft Outlook 16.0 Thread-Index: AQGuqf18xVRlsMgzIkcuMJaZa593LQKk4heKAac+wbEDMu74UgH49D0rAb0Qb+ACClZ5twGjKslNAePa2AQCUlR5bQJeF7RSAtDDQrQButw2sQHMoZ3hAaQahr0CW5nOVwLhzlKNApGWnq8BpGxZVAE9tcIBAUP4RtAB43M3ngMoyO4XAUvpyr4CR19fBwHYUrhzAhln6ykCjYVm/AHEmaPmApKhtkQBku8SgwEmq4c3AVPxragBx7XwsQIGNIShAcoF1xyh5HXmQA== Content-Language: en-us This is a multipart message in MIME format. ------=_NextPart_000_0117_01D3BAD2.DDE7A280 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable I am not sure the architect would know, what I would do his ask Nick if = we can get something in writing from the Landlord in the lease or as a = rider that it is ok to use this space as a showroom. Regarding the cleaning, not sure what that is all about; maybe for that = one you can ask the broker. Then I think we are good to go. Charley =20 Charles Peck President Trans-Ocean Imports 10 Midland Avenue|Suite M00|Port Chester, NY 10573 914.949.5656 x105 | 914.937.3140 fax |914.384.1190 mobile=20 Charley@transocean.com =20 From: stephen@transocean.com =20 Sent: Tuesday, March 13, 2018 1:52 PM To: Charley Peck Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Did you want me to follow with the architect or do you think = we=E2=80=99re good to go. =20 =20 From: Nick Bowers >=20 Sent: Monday, March 12, 2018 5:04 PM To: stephen@transocean.com =20 Cc: 'Charley Peck' > Subject: RE: Sub basement at 267 Fifth Ave=20 =20 This looks pretty good. They made most changes. Feel free to call me to = discuss if you want. Two quick things. One you should check with an = architect to make sure the certificate of occupancy for the = building/space allows for your intended use (since the landlord is = having you take this space =E2=80=9Cas is=E2=80=9D (legally and = physically speaking). Also, the agreed to remove various things like = charging you extra for electric and tax escalations. However, the rent = seemed to be all inclusive, but this has you paying for cleaning = services and getting your cleaner approved. Just confirming that you are = OK with that.=20 =20 Best,=20 Nick ........................ The Law Office of Nicholas E. Bowers, PLLC=20 108 West 39th Street, Suite 400 New York, New York 10018 t: 212 768 0088 c: 646 325 8988=20 f: 530 325 4098 nb@NBowersLaw.com=20 www.NBowersLaw.com =20 CYBER-FRAUD WARNING Please do not wire any funds to our office or to = a third party involved in the transaction, without first calling our = office at 212 768 0088 and speaking to Nicholas Bowers or Elizabeth = Lappin to confirm the instructions and amount. Please be very wary of = any request to change wire instructions that you already received and do = not make any changes without confirming with us on the phone. Our firm = is not responsible for third party fraud or electronic interceptions. =20 The information contained in this email is intended only for the = personal and confidential use of the named individual or entity to whom = it is addressed. This message may be an attorney-client communication, = and as such it is privileged and confidential. If the reader of this = message is not the intended recipient or an employee or agent = responsible for delivering it to the intended recipient, you are hereby = notified that you have received this document in error, and any review, = dissemination, distribution or copying of this message or any part = thereof is strictly prohibited. If you have received this communication = in error, please notify us immediately by telephone and return the = original message to us by email. =20 From: stephen@transocean.com = >=20 Sent: Monday, March 12, 2018 7:24 AM To: Nick Bowers > Subject: FW: Sub basement at 267 Fifth Ave=20 =20 Hi Nick, Please see remarks from landlord with revised lease. Please review and advise if all looks in order. Thanks, Stephen =20 =20 From: Pavan M. Uttam >=20 Sent: Friday, March 9, 2018 6:18 PM To: stephen@transocean.com =20 Cc: 'Charley Peck' >; 'Dean Smith' > Subject: RE: Sub basement at 267 Fifth Ave=20 =20 Stephen: =20 Ownership has authorized me to forward you the attached lease.=20 They accepted most of your proposed changes with the following = additions: =20 3Rider #2 1. Real Estate Tax Rider Landlord to pay all = taxes in connection with the Demised Premises. If Tenant chooses = to renew the lease, 2020-2021 will be considered the Base Tax Year for = the purposes of renewal. =20 49.Cleaning Tenant will provide its own cleaning services for the = Demised premises. If Tenant chooses to use any third party cleaning = service, the third party service must be approved by Landlord. =20 If this is acceptable, please sign, initial each page, notarize and = return to us with 1st month=E2=80=99s rent and security deposit. =20 Thank you in advance. =20 Kind regards =20 Pavan =20 From: stephen@transocean.com = >=20 Sent: Friday, March 9, 2018 8:48 AM To: 'Pavan M. Uttam' > Cc: Charley Peck = >; 'Dean Smith' > 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 >=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 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_0117_01D3BAD2.DDE7A280 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable

I am not sure the architect would know, what I would = do his ask Nick if we can get something in writing from the Landlord in = the lease or as a rider that it is ok to use this space as a = showroom.

Regarding the cleaning, not = sure what that is all about; maybe for that one you can ask the = broker.

Then I think we are good to = go.

Charley

 

Charles = Peck

President

Trans-Ocean = Imports

10 Midland = Avenue|Suite M00|Port Chester, NY 10573

914.949.5656&nb= sp;x105 | 914.937.3140 fax |914.384.1190 mobile =

Charley@transocean.com<= /p>

 

From: stephen@transocean.com = <stephen@transocean.com>
Sent: Tuesday, March 13, 2018 = 1:52 PM
To: Charley Peck = <charley@transocean.com>
Subject: RE: Sub basement at = 267 Fifth Ave

 

Did you want = me to follow with the architect or do you think we=E2=80=99re good to = go.

 

 

From: Nick Bowers <Nb@nbowerslaw.com> =
Sent: Monday, March 12, 2018 5:04 PM
To: stephen@transocean.com
C= c: 'Charley Peck' <charley@transocean.com>
= Subject: RE: Sub basement at 267 Fifth Ave =

 

This looks pretty good. They made most changes. Feel = free to call me to discuss if you want. Two quick things. One you should = check with an architect to make sure the certificate of occupancy for = the building/space allows for your intended use (since the landlord is = having you take this space =E2=80=9Cas is=E2=80=9D (legally and = physically speaking). Also, the agreed to remove various things like = charging you extra for electric and tax escalations. However, the rent = seemed to be all inclusive, but this has you paying for cleaning = services and getting your cleaner approved. Just confirming that you are = OK with that.

 

Best,

Nick

........................

The Law Office of Nicholas E. Bowers, PLLC =
108 West 39th Street, Suite 400

New York, New York 10018

t:  212 768 = 0088

c: 646 325 8988 =

f:  530 325 = 4098

nb@NBowersLaw.com

www.NBowersLaw.com

 

CYBER-FRAUD = WARNING    Please do not wire any funds to our office or = to a third party involved in the transaction, without first calling our = office at 212 768 0088 and speaking to Nicholas Bowers or Elizabeth = Lappin to confirm the instructions and amount.    Please = be very wary of any request to change wire instructions that you already = received and do not make any changes without confirming with us on the = phone.   Our firm is not responsible for third party fraud or = electronic interceptions.

 

The = information contained in this email is intended only for the personal = and confidential use of the named individual or entity to whom it is = addressed. This message may be an attorney-client communication, and as = such it is privileged and confidential. If the reader of this message is = not the intended recipient or an employee or agent responsible for = delivering it to the intended recipient, you are hereby notified that = you have received this document in error, and any review, dissemination, = distribution or copying of this message or any part thereof is strictly = prohibited. If you have received this communication in error, please = notify us immediately by telephone and return the original message to us = by email.

 

From: stephen@transocean.com <stephen@transocean.com> =
Sent: Monday, March 12, 2018 7:24 AM
To: Nick = Bowers <Nb@nbowerslaw.com>
Subject= : FW: Sub basement at 267 Fifth Ave

 

Hi = Nick,

Please see remarks from = landlord with revised lease.

Please = review and advise if all looks in order.

Thanks,

Stephen

 

 

From: Pavan M. Uttam <pavan.uttam@upreallc.com>=
Sent: Friday, March 9, 2018 6:18 PM
To: stephen@transocean.com
C= c: 'Charley Peck' <charley@transocean.com>; = 'Dean Smith' <dean@transocean.com>
Sub= ject: RE: Sub basement at 267 Fifth Ave =

 

Stephen:

 

Ownership has authorized me to forward you = the attached lease.

They accepted = most of your proposed changes with the following = additions:

 <= /p>

3Rider #2

1.  Real Estate Tax = Rider         &nb= sp;           &nbs= p; Landlord to pay all taxes in connection with the Demised = Premises.         If Tenant = chooses to renew the lease, 2020-2021 will be considered the Base Tax = Year for the purposes of renewal.

 

49.Cleaning Tenant will provide its = own cleaning services for the Demised premises. If Tenant chooses to use = any third party cleaning service, the third party service must be = approved by Landlord.

 

If this is = acceptable, please sign, initial each page, notarize and return to us = with 1st month=E2=80=99s rent and security = deposit.

 

Thank you in advance.

 

Kind = regards

 

Pavan

 

From: stephen@transocean.com <stephen@transocean.com> =
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>
Sub= ject: FW: Sub basement at 267 Fifth Ave =

 

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

 

 

 

From: Pavan M. Uttam <pavan.uttam@upreallc.com>=
Sent: Tuesday, February 27, 2018 10:58 AM
To: stephen@transocean.com
C= c: 'Nadine Padilla' <nadinevanda@upreallc.com>= ; dean@transocean.com
Subject= : RE: Sub basement at 267 Fifth Ave

 

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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