From: Joe Avantario
Sent: Wednesday, September 7, 20161:55 PM
To: Jeffrey E.
Cc: Brad Wechsler
Subject: Questions
In 2015:
Regan Arts received $5.1mm
Phaidon Press received $4mm not including $3MM to Ph=idon LLC at year end
Artspace received $2.8mm
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The net worth covenant in the plane loan is $550MM.<=:p>
1
EFTA_R1_00103031
EFTA01782880
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