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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