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AEb4NmMJF2x5kcp19M13RiXZuAGyajWSKLaioqBrpump
Document DOJ-OGR-00032938
AI Analysis
Summary: Brent Bradbury sends a fax to Jeffrey Epstein with a comparison of property values and a calculation of Performance Fee. The fax discusses the valuation of 'Managed Properties' and 'Excluded Properties', with Bradbury noting that the Excluded Properties were not included in a 2001 appraisal by E&Y.
Significance: This document reveals a communication between Jeffrey Epstein and a representative of The New Albany Company regarding the valuation of certain properties, potentially related to financial or business dealings.
Key Topics:
Comparison of property values
Managed Properties vs Excluded Properties
Performance Fee calculation
Key People:
- Jeffrey Epstein - Recipient of the fax
- Brent Bradbury - Sender of the fax, representative of The New Albany Company
Full Text
NEW ALBANY
THE NEW ALBANY COMPANY
FACSIMILE TRANSMITTAL SHEET
TO: Jeffrey Epstein
COMPANY:
FAX NUMBER: 212-750-0381
PHONE NUMBER:
RE: Comparison of Values Managed and Excluded Properties
FROM: Brent Bradbury
DATE: 9/30/2005
TOTAL NO. OF PAGES INCLUDING COVER: 4
SENDER'S REFERENCE NUMBER:
YOUR REFERENCE NUMBER:
URGENT POR REVIEW PLEASE COMMENT PLEASE REPLY PLEASE RECYCLE
NOTES/COMMENTS:
Jeffrey,
Attached is a schedule comparing the value of the Managed Properties as of 1/1/2002 and the estimated value as of 12/31/2004, including the calculation of the Performance Fee.
Regarding your request for the value of the Excluded Properties as of 1/1/2002, the E&Y appraisal done in 2001 only included "Managed Properties". Approximately 1,000 acres were not included in the E & Y appraisal because they were identified before the appraisal as Excluded Properties. In addition, a significant portion of the acres (approximately 1000) included in the appraisal were transferred to Excluded Properties before the Beginning Value was finalized. If you would like me to prepare an estimate the value of the Excluded Properties as of 1/1/2002 please let me know.
Regards,