EX-10 8 ex10-5b.txt EX10-5B.TXT
PRYOR CASHMAN SHERMAN & FLYNN LLP ------------------------------------------------------------------------------------------------------------------------------------ 410 PARK AVENUE, NEW YORK, NEW YORK 10022-4441 GIDEON CASHMAN PHILIP R. HOFFMAN PETER O. WOLFSON MARC A. KUSHNER TELEPHONE 212-421-4100 PAUL J. SHERMAN EDWARD A. MORGAN CAROLE NEVILLE MARK W. SAKS FAX: 212-326-0806 DAVID L. AUERBACH RONALD B. KREMNITZER WILLIAM M. LEVINE EMAIL: FIRM@PRYORCASHMAN.COM ALAN H. SIEGEL RICHARD L. KAY JOHN J. CROWE COUNSEL: STEPHEN F. HUFF ERIC B. WOLDENBERG BRAD D. ROSE IRA J. GOLDSTEIN WWW.PRYORCASHMAN.COM JOSEPH Z. EPSTEIN LAWRENCE REMMEL PERRY M. AMSELLEM F. ROBERT STEIN SANFORD M. GOLDMAN RICHARD M. BETHEIL STEPHEN G. EPSTEIN W. WILDER KNIGHT, II HOWARD SIEGEL ERIC M. HELLIGE ARTHUR H. RUEGGER STEVEN M. RABINOWITZ WRITER'S DIRECT DIAL: JAMES A. JANOWITZ TOM J. FERBER RICHARD S. FRAZER JAMES S. O'BRIEN, JR. ARNOLD J. SCHAAB JAMIE M. BRICKELL STEVEN J. PIERCE ROGER E. KASS STEPHEN B. RODNER BLAKE HORNICK KENNETH A. SCHULMAN SAMSON R. BECHHOFER (212) 326-0447 SELIG D. SACKS KAREN M. ROBSON BRETT J. MEYER RICHARD S. VERNER DONALD S. ZAKARIN JOSEPH L. GRIER JEFFREY L. LAYTIN MITCHELL C. STEIN WRITER'S EMAIL: STEPHEN M. GOODMAN JOHN P. NAPOLI LISA M. BUCKLEY JONATHAN A. BERNSTEIN RONALD H. SHECHTMAN WAYNE B. HEICKLEN STEVEN L. CHUDNOW JEFFREY C. JOHNSON ANDREW H. BART CHRISTOPHER J. SUES sbechhofer@pryorcashman.com
September 21, 2001 VIA FACSIMILE 516-767-6492 -------------------------- Stuart H. Widowski, Esq. Brentway Management, LLC 44 South Bayles Avenue Port Washington, New York 11050 Re: Bryant Portfolio - Sale to Cedar Income Fund Dear Stuart: This is to acknowledge your letter of September 20, 2001 in which you requested an adjournment of the Closing Date on the grounds that the tragic events of September 11 have affected your client's ability to close on the originally scheduled date of September 25, 2001. Our client recognizes the difficulties and hardships imposed on the various parties to the transaction and is willing to adjourn the Closing Date to October 4, 2001 with a funding no later than noon on Friday, October 5, 2001. Kindly acknowledge the foregoing on behalf of your client by signing a copy of this letter in the space provided below and forwarding same to my attention. Sincerely, /s/ Samson R. Bechhofer --------------------------- Samson R. Bechhofer ACKNOWLEDGED: CEDAR BAY REALTY ADVISORS, INC. By: /s/ Stuart H. Widowski --------------------------- Stuart H. Widowski General Counsel