1675-25 Flamingo Hotel '
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j
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.ciii Eay 11th, 1921.
., C. So Krbrn, -
d o :,tratferd House, -
-
ow York City.
Dear groin $
1 touid 111ze to r: ke a a.e torminod effort to soil the
Flamthgo,, 'rather than issue beindo on it.-. The Flamingo cost 4
t.'-).,367,801.00, plus the ground. on which the Hotel and oottages 1,
are located, which is approxirrato1y 1150 foot isttor.frontage by .
w 1000 foot depth, which has a value of Mi350,000,O0 +� =king a
grand tott%1 of1,/17,881.t)O. I will mice a price on the _
!rote], of1,1O0,000.O0 cash — or say, about half of this amount -
cash,and. the balance ncc in one year at 7;:l.
I wish you would. o Over end see Mr. loran Kendra.' . ,
f .,
rigaxt away (930 Park Avenue) .- talk the ratter Oyer with him,
and ask him if he can put you in touch with somebody who might
want to buy the Flair. ;o at this price, and still not have. the - , ri
news peddled around, or' very aras'a said about it. ' In other words,
if ho could tell you o1' ono or two men whom ho that richt buy at ' : v
this figure, ;roil aoul d ao handle kile matter that if they'were
interested. you Could imr odiately give then a price.
Kindly write re after ;:rani have hqd an interview with
isr. Kendall -- and airy interview you ray have -with anyone -
• lir. Kendall may send you to.
Considering the earnings of the Hotel last our and
isle bookies for. next, this is a good bar.
*
Yours very truly, ., -- -,':',i-A1, '
e
CCs{tit #
i Checks received for the Reo. How you enjoy the oar.