From: Mukamal, Thomas Sent: Saturday, March 22, 2014 5:08 PM To: Jeffrey Epstein Cc: Garrison, Frank; Farkas, Andrew Subject: AYH - P-dock Jeffrey - Respectfully, I don't think you should get involved without us. The issue =round the CZM permit is VERY binary - at least in the sole context of look=ng at protecting AYH. Hoffman has to yield and go east no more than 26 fe=t east (he currently is at 10 feet) in order to maintain a minimum safe na=igable waterway such that AYH can continue to dock vessels up to 70 feet w=ich (a) is what we pay for under our permit (b) consistent with historical=use and (c) protects the long term value of AYH. This compromise has been =ffered to Hoffman at least three times verbally and in writing. He and Al=ert rejected it every time. We offered the compromise to CZM committee at =he objection hearing on the record as a win win settlement because it allo=s him to expand his existing foot print by 150% and he isn't precluded fro= expanding westward as far as he wants. If AYH agrees to anything more th=n a 26 foot boundary, it is of no value to AYH and so its better to dig in=for the long haul and appeal whatever CZM gives him until we get to an imp=rtial arbiter — which we eventually will after CZM makes a ruling. Our =trategy was to get a fair compromise offer on the record along with highli=hting the questionable nature of his application the deficiencies of the a=plication, the inaccuracies about AYH in the application and the safety an= economic implications of his request — we did this verbally, in writing=and with visual aids etc. Also, he is asking for so much more water that =e feel we can get the Army Corps involved which is outside his influence (=e doesn't know this yet). Also, to agree to him having more than 26 feet =uts him in the driver seat of any negotiation about AYH managing P dock wh=ch is exactly what he wants — the ability to dictate rent terms forever. I am concerned that, if you get invol