Exhibit (a)(2)(i)
250 West 57th St. Associates L.L.C.
c/o Malkin Holdings LLC
One Grand Central Place
60 East 42nd Street
New York, New York 10165
Tel: 212-687-8700
December 31, 2012
To Unitholders in 250 West 57th St. Associates L.L.C. (“Associates”):
In accord with our December 20 letter to you, we are enclosing Form 14D-9, as required under securities laws, to advise you of the recommendation by Malkin Holdings LLC, as supervisor, that you reject the tender offer being made by affiliates of MacKenzie Capital Management, LP as described in this enclosure.
The offerors are not affiliated with the supervisor or MacKenzie Partners Inc., which is assisting the supervisor in connection with the solicitation of consents for the proposed consolidation.
Such tender offer was filed with the Securities and Exchange Commission (“SEC”), but copies have not yet been produced by the offerors for mailing to you. It is our understanding that such mailing will be made soon.
This Form 14D-9 is NOT the prospectus/ solicitation regarding the consolidation proposal by the supervisor on Form S-4, which the SEC has now declared effective and which the supervisor will mail to you in due course.
We appreciate your patience and support.
Sincerely,
Malkin Holdings LLC
Peter L. Malkin, Chairman | Anthony E. Malkin, President |