EXHIBIT 2 Wellsford Real Properties, Inc. 535 Madison Avenue New York, New York 10022 December 28, 1999 First Union Real Estate Equity and Mortgage Investments 55 Public Square Suite 1900 Cleveland, OH 44113 Ladies and Gentlemen: First Union Real...Gotham Partners Lp /Ny/ • December 29th, 1999 • Real estate investment trusts
