pompay same sort of pattern, we negotiated 150 termination fee, originally started with 0 and the threat of legal action brought them to the table and we were able to get 150,000 fee. in this one are also charging 6300 for board up and sign removal cost and we believe the tenant reported that the value of the the fixture is 12 2000, that's the tenant's statement. we didn't independently verify that. but the point is that they're leaving all of this equipment behind that somebody else is not going to have to replace. and then we would write off the remaining balance for both restaurants. and that's the conclusion of my presentation. >> thank you. and i say that you came with good news and bad news. doing business as louis pier lose peer 47 and pom pay have operated as restaurants an jefferson street since 1977 and 1946 respectively. as of february 15, louie's peer 47 owed a little over 500,000 in past due rent and interest. and the port would begin seeking new tenants after approval of proposed termination agreements. as shown lieu would pay a it00,000 in exchange for 514,346 in waved ren

pompay same sort of pattern, we negotiated 150 termination fee, originally started with 0 and the threat of legal action brought them to the table and we were able to get 150,000 fee. in this one are also charging 6300 for board up and sign removal cost and we believe the tenant reported that the value of the the fixture is 12 2000, that's the tenant's statement. we didn't independently verify that. but the point is that they're leaving all of this equipment behind that somebody else is not going to have to replace. and then we would write off the remaining balance for both restaurants. and that's the conclusion of my presentation. >> thank you. and i say that you came with good news and bad news. doing business as louis pier lose peer 47 and pom pay have operated as restaurants an jefferson street since 1977 and 1946 respectively. as of february 15, louie's peer 47 owed a little over 500,000 in past due rent and interest. and the port would begin seeking new tenants after approval of proposed termination agreements. as shown lieu would pay a it00,000 in exchange for 514,346 in waved ren