EMAIL DETAILS

Hey-
I talked to Barry today about our space. So the issue is that they are
technically paying less rent than we are- they pay $40/sqft and we are
paying $44. Which basically means they won't be able to cut us a check to
move since they will need to cover this increase in rent. Things are a bit
more difficult now that Macy's owns them and the budget is a bit more
transparent!

The other option is subletting to them the Agenda Project space until our
lease expires (Jan 2017).

Or even just subletting our space from us and we move. Barry isn't a huge
fan of this since it would mean involve Ted Vogel. But they are desperate.

The other issue is that Erika realized we were talking space when Barry
came over and just wants to make sure if we move we give them a lot of time
since its election season.

I told Barry that you are still traveling and so is Eric so we can't really
give him an answer until next week once you and Eric have had time to
discuss.

I told him I would pass this info along to you and get back to him later.


--
*Joan K. Mayer*
Rosemont Seneca Advisors, LLC
1010 Wisconsin Avenue NW, Suite 705
Washington, DC 20007
o: 202-333-1880
m:202-841-8543
jmayer@rosemontseneca.co