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SCHECHTER & BRUCKER, P.C. |
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EMPIRE STATE BUILDING SUITE 4510 |
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NEW YORK, NEW YORK 10118 |
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ANDREW P. BRUCKER* |
TELEPHONE |
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HOWARD SCHECHTER |
(212) 244-6600 |
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DAVID H. OSTWALD |
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TELECOPIER |
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DAVID S. KASDAN ** |
212-244-6784 |
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KENNETH H. AMORELLOT† |
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RONALD FRANCIS |
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* LL.M (TAXATION) |
OF COUNSEL |
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** N.Y. ANID NJ. BARS |
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† N.Y. ANID MASS. BARS |
May 5, 2000
Via Facsimile 752-0097
Mr. Kenneth B. Newman
Bleecker Charles Company
488 Madison Avenue
New York, NY 10022
Re: 350 Bleecker Street Apartment Corp.
Our File No.: 23500-000
Dear Ken:
Some months ago, the board of directors of 350 Bleecker Street Apartment Corp offered to go to mediation with you concerning the garage lease dispute, and to split the cost of such mediation.
I understand that instead of specifically accepting or rejecting its offer, you sent them back a five page agreement. An agreement at this time is premature, for there are many issues involved. However, as another show of good faith, the Board would like to express, once again, its willingness to place this entire matter before a mediator. It should be made clear that notwithstanding the mediation, or any discussion for that matter, both sides reserve their right to exercise any other legal remedies which they may have.
We hope that you will be willing to follow this path so that we might settle this dispute without further costs or delays. We would appreciate hearing from you by facsimile or email (abrucker@sblaw.com) no later than the end of the day on May 10, 2000, with an acceptance or rejection of this offer of mediation. If we do not hear from you by then, we will assume that you are not interested in mediating this issue.
Very truly yours,
/s/ Andrew P. Brucker
Andrew P. Brucker
cc: Board of Directors
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