TRANSCRIPTION. Contenu de la conversation (N.B. les mots en italique sont traduit de l italien)

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TRANSCRIPTION Nom du projet : COLISÉE Identification Appel : Date : 2005-01-20 Heure début: 09:32:57 Heure fin: 09:47:18 Durée : 14m21s No. de conversation : 2005-01-2009-32-57 36157_1.wav Type : Transcription Traduction Langue(s) : Français Anglais Autre(s) : Sicilien Identification Personnes : a) Vito RIZZUTO (VR:) b) Nick RIZZUTO (NR:) No de téléphones interceptés : No téléphone entrant/ sortant : Contenu de la conversation (N.B. les mots en italique sont traduit de l italien) 1. VR: How did it go yesterday there with Gaiotti? 00:01:28 2. NR: It went very good papa. 3. VR: Yeah. 4. NR: Got some interesting ideas. He's a very smart man. You're talking about Ricardo Right? 5. VR: Yeah, Ricardo or his brother. 6. NR: Well not Ricardo yeah yeah Eddy's brother. 7. VR: Yeah. 8. NR: Yeah, yeah, he's a very, he's a very honest and smart guy you know. He knows what he's doing and he and now he understands what Tony went though many years ago. 9. VR: Yeah. 10. NR: Meaning how, how, how particular they are, how, how, how hard they are to deal with you understand? 11. VR: Who, who? 12. NR: The people from the port the Canada land, the whole thing you know. 00:02:00 13. VR: Yeah 14. NR: Yeah, the, the every little thing it's gotta be according to their, so it's like a give and take thing you please them on one side and they accommodate you another way you understand? 15. VR: But they made a, they got to a settlement at least? 16. NR: Hey? Yeah, the settl, the settle, no the old, the old, the phase one is not a problem, everything is going o.k. 17. VR: No,no, but I'm saying phase two, did they get an agreement at least. 18. NR: Well no. He's gotta present the project. 1

19. VR: Yeah. 20. NR: You understand? But, he's checking with us before presenting because to pour the slab. 21. VR: Yeah. 22. NR: Right. 23. VR: Yeah. 24. NR: Ok, cause now they're gonna do three, euh he's gotta pour in through the second phase, and first, first, first floor of parking will belong to the first phase. 25. VR: Yeah I know that. 26. NR: Understand? 27. VR: Yeah. 28. NR: And then, the, the following two, sto, floors after that is gonna be for second phase. 29. VR: Yeah. 30. NR: So he's gotta present something but also when he presents something to them. 31. VR: Yeah. 32. NR: There's got to be a structure on top of this slab 00:03:00 33. VR: Yaahh that's (incomprehensible). 34. NR: Understand? So that's why he came by and ran things through us. 35. VR: But what, what does the structure looks like? It's good? 36. NR: Hey? Well the structure obviously is not going to be a repeat of the of the old phase. It's gonna be a totally new thing. 37. VR: Why? 38. NR: Ok, because they don't want, they don't want the past, they want, they want the modern stuff you understand? 39. VR: Future. 40. NR: So they will accept glass, they will accepts things that are more modern. 41. VR: Glass is, glass is good enough for us. 42. NR: Yeah for sure. 43. VR: More glass more better 44. NR: For sure. Yeah of course it will look a lot nicer. 45. VR: Yeah. 46. NR: A lot newer, you know? 47. VR: No but, how did it look the the plan, was it good? 48. NR: Yeah the plan was good, I mean you get a overall, because Primo he was going for ninth, ten like ten feet ceilings or eleven feet ceilings right? 49. VR: Yeah 50. NR: O.k. to give it a nice when when you go in you in there, but by doing that you loose a floor. 2

51. VR: No but. 52. NR: You calculate, if you calculate, you take off a foot or a foot and a half. 53. VR: I know. 54. NR: Right. 55. VR: But eleven feet. 56. NR: So, you're ganing an extra floor, hein? 57. VR: Eleven feet is too much but ten feet. 00:04:00 58. NR: No I know, I know but it was going to look nice 'cause it's like the same thing like next door, understand? 59. VR: But at ten feet it's good too? 60. NR: Yeah, no nine, nine, nine feet, nine and a half feet clearance. 61. VR: Oh, is beautiful that. 62. NR: It's, it's perfect. 63. VR: Yeah, nine and a half is, is. 64. NR: Even nine feet clearance has long as it's nine feet clear. 65. VR: Yeah. 66. NR: It's, it's o.k.you understand? Because condominium today are eight feet, eight feet and a half. 67. VR: No but nine feet is good nine and a half. 68. NR: Nine feet is good nine feet by doing that you gain an extra floor because you're restricted. You understand because you can only go so high. 69. VR: Yeah, yeah. 70. NR: You know, but overall he's a nice man. He's you know he's intelligent and he's getting along well with the people. That's what's important, you know. 71. VR: What about eighty? How many apartments come out eighty? 72. NR: About eighty eighty five, which is a nice size. 73. VR: About forty what, forty five in the front forty six? 74. NR: Yeah, yeah. 75. VR: How much? 76. NR: No actually I would say a little less because the one in the back. 77. VR: Yeah, forty two in the front. 78. NR: Heu, the hein? 79. VR: Forty two apartments in front. 80. NR: I'd, I'd say about, I'd say about, no more than forty Papa. 00:05:00 81. VR: Well, you could put six per floor? 82. NR: That's stretching it, you know. That's stretching because, because of the fact that there bigger and in, in, in the front. 83. VR: No but I'm saying don't they, don't they fit about. 84. NR: That's about four, four to five apartments per floor. 3

85. VR: Yeah. 86. NR: O.k. 87. VR: Of the big ones. 88. NR: Five apartments per floor, in the front. 89. VR: Five apartments is per floors in the front. 90. NR: Yeah, which are going to be about fourteen to sixteen hundred square feet? 91. VR: So it's five apartments. It's forty apartments, Nick it's not bad. 92. NR: Yeah it's not bad. But I think a little less papa to be honest with you. Unless they go get ninety apartments, then, it's then you'll get you'll get forty. 93. VR: Yeah. 94. NR: You know it all depends it all depends (incomprehensible). 95. VR: But the square footage is, is good a hundred thousand? 96. NR: Hein? It's about a hundred thousand square foot, feet of living area. 97. VR: It's not bad. 98. NR: It's good. It's good, it's very good. 99. VR: Well, with the slab and everything, what it's gonna cost to build that? 100. NR: I don't know, I asked them that question yesterday. He says euh. 101. VR: Yeah it's going to cost about what? A hundred bucks, eighty bucks? 102. NR: No,it's gonna be a little more than that I think. 103. VR: Why? 00:06:00 104. NR: I, I, I don't know. Because construction is going up up and. 105. VR: Yeah but with the slab? 106. NR: Even base yourself at hundred and thirty, a hundred and forty. You know, even that's o.k. 107. VR: Yahh but you don't have, you don't have the cost of land and the cost of slab. 108. NR: No I know, but those are extra. The cost of land is not a hard cost, hein? 109. VR: Aie? 110. NR: Soft cost hein? 111. VR: Yeah but I'm saying I'm, I'm saying with cost of land sometimes you, you, you can build hundred with a hundred and forty. 112. NR: Yeah,yeah. 113. VR: Now, euh if you look. 114. NR: The slab as a lot to do with it. You'll save there even if you come in at one hundred and twenty papa it's very good. 115. VR: Yeah? 116. NR: Yeah of course because we were calculating. You, You base yourself on on a unit of eight hundred square feet, eight hundred and fifty square feet, the one in the back, back right? Squared better then the one in 4

phase one. O.k. because there square. Right? 117. VR: Yeah. 118. NR: O.k so you do a one bedroom with a window and, and the entrance whatever or whatever the case may be. 119. VR: But there's no court yard in the middle? They, they all the the back they re all in the walls right? 00:07:00 120. NR: Hey? 121. VR: The back side of the apartments they re all in the walls? 122. NR: No, the cor, the corridor will be in the middle, in the center of the building which is good. 123. VR: There's a courtyard? 124. NR: Ah, yeah of course you gonna have a terasse and you gonna have and then we're thinking of putting a gymnasium and a pool on top. 125. VR: So there's a courtyard with, wi, with the windows give to the courtyard? 126. NR: Yeah. 127. VR: Ok. 128. NR: No, they even gonna have balconies papa some of them with the terasse last floor and everything. 129. VR: Where in the courtyard or in the front? 130. NR: Well, what do you mean in the court, where's the courtyard papa? 131. VR: Between the small apartment. 132. NR: Yeah. 133. VR: And the big apartment, there's no, no, no courtyard in the middle, right? 134. NR: No, no. 135. VR: That's what I'm saying. 136. NR: No,no. 137. VR: They all give to the front or the back? 138. NR: That's right. 139. VR: Yeah. 140. NR: But it's ok at least you have a view in the back and the view in the thing you're not in between walls. 141. VR: Yeah, but the the rooms, the bedrooms are all with, with windows on, on the front though, right? 142. NR: Yeah, the bedrooms with windows in the front the one the units in the front. 143. VR: Yeah. 144. NR: We ll you're gonna give one bedroom to the front and one I don't think that you have both of them facing the front. 00:08:00 145. VR: That's what I'm saying. 146. NR: Maybe you know what he did him, took them off. 147. VR: But euh, euh a bedroom without windows that's not nice, Nick, no? 5

148. NR: No, he's gonna have a bedroom with a windows, of course, the one in the front. He did it in a way that there's, there's, there's, there is in the living room. 149. VR: Yeah. 150. NR: Right? 151. VR: Yeah. 152. NR: Then you got the bedrooms, right next to the living rooms. 153. VR: Oh, yeah good. 154. NR: Yeah, yeah, you understand? 155. VR: Oh, that's good, yeah, yeah. 156. NR: They re not wide, I mean they re not euh, they re not wide, I mean they re not long they re made more wide, you understand what I'm saying. 157. VR: Yeah, yeah. 158. NR: So I think you could fit. I don't know, I know for sure, there's a room with a window. 159. VR: Yeah, there's got to be, I can't. 160. NR: Yeah, no, no there's for sure. 161. VR: They can't have bedrooms without windows 162. NR: The two bedrooms have one rooms with the windows and even the other one in the back we are trying to do that the window, there's a window, on for one bedroom, you understand? 163. VR: Well, there as to be Nick. 164. NR: Ah? 165. VR: You can't put bedrooms without windows. 166. NR: No, no, no well you know what? In phase one there is thought, papa. 167. VR: Aie? 168. NR: In phase one there is a lot without windows. 169. VR: Bedrooms without windows? 170. NR: Yeah, yeah. There is, there is. 00:09:00 171. VR: It looks like a closet. 172. NR: The one of thousand feet the one of thousand feet that are squared a bita bit long. You know like narrow and long. 173. VR: Yeah but they have to have a windows, Nick no? 174. NR: I don't know some of them don't have papa. I saw them myself. 175. VR: Yeah. 176. NR: We were there, Saturday? 177. VR: You went there, Saturday? 178. NR: Yeah, went there Saturday. 179. VR: How's, how are they doing? 180. NR: It's the, they're progressing. They're doing well. 6

181. VR: Are they still To? 182. NR: I don't know if they'll be ready for March, April? 183. VR: There finishing 184. NR: Already their they got some, some units are finished gyproc finish. I think Eugenio was going there today. 185. VR: Yeah. 186. NR: To paint, to paint one of the units. 187. VR: Yeah. 188. NR: Yeah, you know they want to prepare two models homes, you know? Inside the building. 189. VR: Yeah, yeah. 190. NR: You know. Which is gonna speed up the process of sale. 191. VR: So the finishing is on, on the way now? 192. NR: Hein? 193. VR: It's all finishing jobs now? 194. NR: Yeah, yeah. Now it's finishing. 195. VR: Yeah. 196. NR: Finishing and also pouring the slab for the parking and all of that you know the, the, the heavier stuff. 197. VR: Who's doing the? 198. NR: I think the electrical and stuff the vents the ducks are all passed. 199. VR: Who's doing the ceramic and stuff? 00:10:00 200. NR: Ah, I gave him, I gave Frank's card. 201. VR: Yeah. 202. NR: I still don't know if he called him. I m gonna see, I m gonna call Frank see if he got any feedback? 203. VR : Yeah, yeah. 204. NR : If not I m gonna remention it to, to Eddy. 205. VR : Yeah. 206. NR : Yeah and that s it. 207. VR : Good, good. 208. NR : You what are you doing? Nothing? 209. VR: Here I am Nick. 210. NR: Did you go out yet? 211. VR: No, not today we go out at one o'clock, at six o'clock. 212. NR: Oh, tonight, so you go out tonight. 213. VR: But euh the sales are, the, the, they do any sales there? 214. NR: Hey? 215. VR: Did they sale any since the. 216. NR: Yeah, it's selling, it's not, it's not going quick but I mean euh the, the, they 7

seem to be selling they haven't. 217. VR: Yeah. 218. NR: They don't you know that I've seen Gilles and euh, he says it a little slow but it's gonna start picking up, you know? People they don't go now. They re gonna go. 219. VR: What about those two big ones there no one? 220. NR: Hey? 221. VR: No customers for those big ones? 222. NR: No, I know, I know, I know the, the, the penthouses? 223. VR: Yeah. 224. NR: I know these one. I don't know. 225. VR: No. 226. NR: These one. I don't know, but you know what it's a when there done. 00:11:00 227. VR: Yeah. 228. NR: There very, they re gonna be impressive. Because they extended them hein? They put they made the first floor is about thirty five hundred square feet. 229. VR: Yeah. 230. NR: And then they ex, expanded the, the tower. 231. VR: Yeah. 232. NR: They put euh, they put euh steel beams you know? 233. VR: Yeah. 234. NR: Steel, steel platform. 235. VR: Yeah. 236. NR: So every floors is gonna be about fifteen to eighteen hundred square feet. 237. VR: Fuck, how much is it ten thousand square feet? 238. NR: (incomprehensible), it's elavated that I saw the hole, it's not the hole, you know that enter from the 239. VR: Then how much does it come ten thousand square feet then? 240. NR: No, it comes, comes to seven thousand and five of living. 241. VR: Fuck. Plus the. 242. NR: Seven thousand and five of living and ten thousand feet of terasse I went up there it was incredible. 243. VR: Fuck only five millions it's worth this apartment? 244. NR: It's worth it. If it was somewhere else no less than six. 245. VR: Yeah. 246. NR: If it was in Toronto or whatever here it's a bit hard you know. 247. VR: Yeah I know, Toronto I've seen apartments. 248. NR: Four, four, four and a half, four. 8

249. VR: I've seen in a in Toronto apartments sm, a lot smaller than that go for 00:12:00 seven million. 250. NR: Well Frank was here last week. Ok I went with Frank. 251. VR: Yeah. 252. NR: I brought him there, no. 253. VR: Yeah. 254. NR: And he says he was impressed in a sense he says something like this in Toronto will go for about seven, eight million dollars. 255. VR: Be, yeah sure. 256. NR: You know. 257. VR: Especially waterfront thing, you know. 258. NR: Yeah exactly and the way the ceilings are how high they are and everything. 259. VR: Yeah. 260. NR: You know, you don't get that anywhere. 261. VR: It's true, yeah. 262. NR: Not a 263. VR: Maybe what's his name will take one? 264. NR: Hein? 265. VR: Will take them, what's his name there? 266. NR: Hey, Terry? 267. VR: Yeah, hihi. 268. NR: If Terry takes them, I don't know, we ll see. 269. VR: (Laugh) 270. NR: We will take the other it that's all if things go good. 271. VR: Ben yeah if things go good we will take it but then but the, they won't be many left. did the calculate with the thing? 272. NR: Yeah, the calculation they re so so they re not bad you understand? 273. VR: But are they reaching where they wanted to 274. NR: Yeah, they re supposed to they say so far we are ok we re squeezing some other places and that will only know at the end almost towards the end. 00:13:00 275. VR: Yeah, yeah. 276. NR: You know, come out of this, like pretty optimistic on keeping the budget but I don't, I don't think they gonna be able to keep it, maybe it will be off a little bit. 277. VR: But the budget what was it? Was it what, fifty two? 278. NR: Fifty two, I had but you put it. 279. VR: Yeah 280. NR: But then he says, I think we can pull it off for fifty. 281. VR: Hey? 9

282. NR: He says he can pull it off for fifty verbally though you understand. 283. VR: Well fifty is good. 284. NR: As far as quotation is, it was fifty two which is not bad even that it reach fifty two it doesn't matter. 285. VR: Now at the month. 286. NR: As long as it's comes out clean hein? 287. VR: In the month of June people will start paying? 288. NR: Who? 289. VR: In the month of June people will start paying? 290. NR: Yeah I know that, I know they have to, they have to finalize. They've been calling the clients and stuffs 291. VR: Yeah. 292. NR: Yeah. 293. VR: That's good, that's good. 294. NR: The clients why someone wants changes things no? 295. VR: Hein? 296. NR: If someone want changes? 297. VR: Yeah, yeah so far it hasn't been any major changes. 298. NR: No, no I'm saying some clients. They want maybe some other stone or some other thing or some other floors or whatever. 00:14:00 299. VR: Yeah, yeah no, I know, I know they got all the samples in the model home. 300. NR: But the clients are coming for that no? 301. VR: Yeah that's what they're coming for the client calling the client to see how they want their finishing. 302. NR: Yeah, yeah, yeah, yeah. 303. VR: You understand? 304. NR: Yeah, 'cause the base the major things are all standards. The kitchens are almost, almost all the same you understand? 305. VR: Are they good quality? 306. NR: Yeah they re good quality, good quality. 307. VR: Yeah. 308. NR: Yeah, yesterday we brought the wood that we had to see, we made them look at the wood. 309. VR: Ahhh eeh? 310. NR: And he liked it. 311. VR: He did? 312. NR: Hein? 313. VR: He did? 314. NR: Yeah, yeah, they liked it, yeah. 315. VR: Was it a better price then the other guy? 10

316. NR: Yeah a lot better price he was he was actually shocked. 317. VR: Yeah 318. NR: Yeah 319. VR: Well maybe he can use it in his other buildings? 320. NR: Hein? Yah I know exactly we ll see we re gonna start we re gonna provide him with a model home also when he finishes this model home that Genio finishes painting with all the things the other ones will put the floors you understand? 321. VR: That's right yeah. 322. NR: And that's it after the clients they can visualize. 323. VR: Yeah, of course. 324. NR: You know? 325. VR: Yeah. 326. NR: Well that's important that. We need to finish a nice model home. 00:15:00 327. VR: Yeah. 328. NR: And that's it. 329. VR: Ok Nicky. 330. NR: Who comes and see you mamma? A mommy. 331. VR: Yeah, Tony told me the other is ok for the other thing too, the other project? 332. NR: Yeah, yeah, yeah is ok with it. 333. VR: Yeah. 334. NR: Yeah, he's ok, he's finalizing probably Friday. 335. VR: Well him you know how it is always with him, there? 336. NR: Hein? 337. VR: Him is always ok but at the last minute there always someone that wants to cancel. 338. NR: I know this is the thing I know, that's why I asked him ten thousand times. 339. VR: Yeah allright. 340. NR: You know that's why I went often and whatever you know? 341. VR: Ok Nicky. 342. NR: Ok papa. 343. VR: Take care. 344. NR: Take care. 345. VR: Bye, Bye. 346. NR: Speak to you later. Bye. 00:15:34 (FIN) 11