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GREYSTONE FUNDING CORP.
December 14, 1989 To: James Freiden, Esq. Fr: Jonathan B. Kohan Re: Mandella Apartment Closing Confirming our telephone conversation of earlier today, this is to advise you that a closing has been set in tha above referenced matter for Thursday, Dacember 21, 1989 at 9AM at the offices of Robinson, Silverman, pearce, Aronsohn £ Bserman, 1290 Avenue of the Americas, New York, New York Kindly stay in close cummunicfttion with Michael Zients, Esq. at 212.541.2000 __________________________________________________ Estimated Disbursements at Closing -Mandela Development necessary to Clear Liens Showing on Title Policy 12/8/89 Jason Long Mortgages assigned $650,000 Shamsi Mortgages (to be verified) $460,000 Boston Gas 70,000 Boston Edison 145,000 Fidelity Mortgage $224,000 Boston Water & Sewer $244,000 Attachment by Verticle Trans 18,000 Rehab Reserve 200,000 Payment to Stale Towards Taxes 500,000 Closing Costs and Points 330,000 Mortgage to Alphonse Simon 145,000 Total $ 2,985,000 |