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[[preprinted]] ADDRESS ALL COMMUNICATIONS TO THE COMPANY PEASE & ELLIMAN MEMBER REAL ESTATE BOARD OF NEW YORK REAL ESTATE AND INSURANCE 340 MADISON AVENUE AT 43RD STREET DIRECTORS: LAWRENCE B. ELLIMAN O. DE LANCEY COSTER ROBERT A. GRANNISS FRANCIS S. BANCROFT LANSING P. WOOD C. MERRITT IVES JOHN CHASE EDWARD C. OHL LEE T. SMITH JOSEPH A. RAUSCHKOLB EDWARD J. O'DONNELL D.M. BORELI [[or Borell]] BRANCHES: 55 LIBERTY STREET 165 WEST 72ND STREET CABLE ADDRESS: "PEASELMAN" NEW YORK TELEPHONE 6200 MURRAY HILL PRIVATE BRANCH EXCHANGE NEW YORK [[/preprinted]] October 21st 1921 ^[[checkmark]] Messrs. Jacques Seligmann & Co., 705 Fifth Avenue, City Gentlemen: I desire to offer you No. 666 Fifth Avenue, on the west side of the Avenue, between 52nd and 53rd Streets. This is Mrs. W.K. Vanderbilt Jr.'s residence, positively one of the finest houses on Fifth Avenue. It is six stories in height. The house is 50 feet front and the lot is 100 feet deep. The entrance is on a level with the sidewalk and it is a house which would lend itself admirably to your purposes without any alterations whatever. Mrs. Vanderbilt is asking a rent of $75,000 net per annum for a straight twenty-one year lease. I would like to try an offer of $65,000 net per annum for ten years and $70,000 net per annum for eleven years. City taxes amount to $23,000 per annum. This house immediately adjoins Theodore Hofstatter & Company. It is right in the heart of Fifth Avenue's art center. I would like to show you through this house at your convenience. Possession could be arranged to suit your convenience. This is the finest house available on Fifth Avenue, an architectural masterpiece which makes it ideal for your business. Assuring you that I will use my best efforts to work out a lease to your entire satisfaction, and awaiting your further instructions, I beg to remain Yours very truly, [[signature]] Walter H. Williams [[/signature]] For PEASE & ELLIMAN wHW.EM