DOJ-OGR-00032938.jpg

702 KB

Extraction Summary

2
People
2
Organizations
1
Locations
1
Events
1
Relationships
3
Quotes

Document Information

Type: Facsimile transmittal sheet
File Size: 702 KB
Summary

A fax cover sheet dated September 30, 2005, from Brent Bradbury of The New Albany Company to Jeffrey Epstein. The fax discusses attached schedules comparing the values of 'Managed Properties' between 2002 and 2004 and includes a calculation for a Performance Fee. It also clarifies details regarding an E & Y appraisal from 2001 and the categorization of approximately 2,000 acres of land as 'Excluded Properties.'

People (2)

Name Role Context
Jeffrey Epstein Recipient
Recipient of the fax regarding property values and performance fees.
Brent Bradbury Sender
Sender of the fax from The New Albany Company, discussing financial schedules and appraisals.

Organizations (2)

Name Type Context
The New Albany Company
Company sending the fax (Brent Bradbury's employer).
E & Y (Ernst & Young)
Accounting firm that performed an appraisal in 2001.

Timeline (1 events)

2001
E & Y appraisal performed on Managed Properties.
Unknown
E & Y

Locations (1)

Location Context
Implied location of the sending company.

Relationships (1)

Brent Bradbury Professional/Financial Jeffrey Epstein
Bradbury sends financial reports and property valuations to Epstein via The New Albany Company.

Key Quotes (3)

"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."
Source
DOJ-OGR-00032938.jpg
Quote #1
"Approximately 1,000 acres were not included in the E & Y appraisal because they were identified before the appraisal as Excluded Properties."
Source
DOJ-OGR-00032938.jpg
Quote #2
"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."
Source
DOJ-OGR-00032938.jpg
Quote #3

Full Extracted Text

Complete text extracted from the document (1,189 characters)

NEW ALBANY
THE NEW ALBANY COMPANY
FACSIMILE TRANSMITTAL SHEET
TO:
Jeffrey Epstein
FROM:
Brent Bradbury
COMPANY:
DATE:
9/30/2005
FAX NUMBER:
212-750-0381
TOTAL NO. OF PAGES INCLUDING COVER:
4
PHONE NUMBER:
SENDER'S REFERENCE NUMBER:
RE:
Comparison of Values Managed and Excluded Properties
YOUR REFERENCE NUMBER:
URGENT FOR 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,
DOJ-OGR-00032938

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