From: "Jeffrey E." <jeevacation@gmail.com>
To: Melanie Spinella
Subject: Fwd: art storage
Date: Mon, 29 Sep 2014 18:01:45 +0000
Attachments: storage_recommendations.xlsx
Forwarded message
From: Heather Gray <I
Date: Mon, Sep 29, 2014 at 1:58 PM
Subject: art storage
To: "Jeffrey Epstein (jeevacation@gmail.com)" <jeevacation®gmail.com>
Cc: Eileen Alexanderson
Jeffrey,
I have been researching art storage, and attach a spreadsheet detailing the two best options: Crozier and
UOVO. There are pros and cons to each option as outlined on the spreadsheet. For example, UOVO is a
nicer facility with more state-of-the-art technology, but it is brand new (opening November 1st), so
doesn't have a track record. Crozier is an older facility with good (but not UOVO-quality systems), but is
well-established.
Before making a formal recommendation on art storage, it would be very helpful to have answers to the
following questions.
• How much art will Leon be putting into storage?
I have been looking at Soo square foot private rooms, but they come as small as 25o square feet and as big
as 5,000 square feet. Prices are based on square footage - Crozier is $9.75 per square foot ($4,875/month
based on a 1 year lease), UOVO is in the range of $7 per square foot ($3,250/month based on a 5 year lease;
more for a shorter lease term). I am assuming that Leon will want a private room, instead of having his
art included in open storage with other collectors' art. Open storage is much cheaper and may make
sense if Leon will only be storing a handful of objects at any given time.
• How soon will Leon want to move art into storage?
Crozier's only availability at this time is a Soo square foot private room. They will have a larger space
available in January 2015 that they could break up into smaller rooms. UOVO is still under construction
and is not scheduled to open until November 1, 2ouj, but they have 8596 of their first building rented
already.
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• Does Leon have a preference as to location?
Crozier is in Chelsea on 20th Street between loth and nth Avenues; UOVO is in Long Island City right
when you get off of the Queensboro Bridge. Crozier did not have any damage during Sandy, although the
street flooded and they had to move the art to higher floors within the warehouse. UOVO is i6 feet above
sea level, outside of the FEMA flood plain, and art is only stored on the second floor and higher. From
Park Avenue, Long Island City might actually take less time to get to than Chelesa.
• Will Leon want to view his art at the storage facility?
If Leon wants to view his art at the storage facility, he could either go to the room itself (not
recommended at Crozier because the rooms are very bare bones; possible at UOVO because they will
custom-design a private room for us) or pay extra to rent a viewing room at the facility and have the art
displayed there. UOVO's viewing rooms are much nicer than Croizer's, but of course this only matters if
Leon wants to go to the warehouse.
Once I have answers to the above questions, I will be able to provide you and Leon with a
recommendation for art storage along with particulars as to cost, timing and logistics.
Please let me know if you have any questions, or if you would like to discuss this.
Best,
Heather
Heather Gray
Elysium Management LLC
445 Park Avenue
Suite Lim
New York, New York 10022
Email:
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