Exhibit (a)(1)

250 West 57^th 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

July 19, 2013                    

To Unitholders in 250 West 57^th St. Associates L.L.C. (“Associates”):

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 has assisted the supervisor in connection with the solicitation of consents for the proposed consolidation.

This Form 14D-9 is not part of the prospectus/ solicitation regarding the proposed consolidation. As we have advised you, the consolidation has been approved by the required supermajority, and the solicitation has been terminated.

We appreciate your patience and support.

Sincerely, Malkin Holdings LLC
/s/ Peter L. Malkin	/s/ Anthony E. Malkin
Peter L. Malkin, Chairman	Anthony E. Malkin, President