Messrs. James Roosevelt, Basil O'Connor,
and Harry T. Hackett, Trustees,
Estate of Franklin D. Roosevelt
 
WEST TRACK.....$15,000           WEST TRACK.....$15,000
EAST TRACK (No Restrictions)     EAST TRACK
                                 (With Restrictions
                                  suggested in paragraph 3  
                                of this report)
 
Parcel A......$ 6,000          Parcel A......$ 5,000
"      B...... 10,000          "      B......  8,500
"      C...... 10,250          "      C......  9,000
"      D......  7,000          "      D......  6,000
"      E......  6,500          "      E......  5,500
"      F...... 14,000          "      F...... 12,500
              --------                       --------   
              $53,750                        $46,500
 
Parcel G......$ 5,000          Parcel G......$ 5,000
"      H......  7,500          "      H......  7,500
"      I......  2,500          "      I......  2,500
"      J......  9,000          "      J......  9,000        
               -------                        -------    
                     $24,000                    $24,000
                     --------                   --------
                      
                    *$92,750                     $85,500
 
*I believe that an appraisal of this property a year ago
would have resulted in an aggregate figure of about 10%
higher, or approximately $100,000.
 
     On the East Tract, lower offers should be considered if
they are for the entire tract or for Parcels A to F, 
inclusive, or for Parcels G to J, inclusive.
 
     Upon acceptance of the foregoing as a basis for
consideration in negotiating with prospective purchasers,
it is recommended that the following procedure take place:
 
  I. PRIVATE SALES CAMPAIGN - Asking Prices, Terms, and
     Procedure.
                                                            
          
     A.  Release publicity on the property announcing that  
       it is going to be offered for sale to the public.
 
     B. Run a newspaper advertising campaign using at this  
        time only classified and local ads in selected     
         newspapers. 
 
     C. In order to conserve the cost of the promotion, but 
        at the same time effect what sales may be made this
         Spring, erect one sign directly opposite the      
          entrance to the Franklin D. Roosevelt Library and
           Homestead to readapproximately as follows:
 
 
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