[NYguy]

In an email, the financier at HKS Capital Partners, John Richard Chantengco, points to the recently approved
Domino Sugar redevelopment plan, suggesting that it sets a precedent under Mayor Bill de Blasio's new administration
for denser development so long as a developer promises more affordable housing in return. The developer of the
Domino deal, Two Trees, pledged that 30% of the 2,300 units it is creating at that site will be affordable.

"Did you notice I said 40%?" Mr. Chantengco said in the March 4 email to BHP's principals, suggesting that
the higher ratio of affordable housing would pass muster with the new administration and win BHP the right
to build bigger at LICH.

"We are spoon feeding our deal to de Blasio," he wrote.

The towers would rise next to the BQE...