From left: A rendering of the Domino project (credit: SHoP) and Jed Walentas

Two Trees Management’s Jed Walentas is temporarily turning over the Domino Sugar development site in Williamsburg for use as an urban farm, yoga studio, reading room and bicycle course, the Brooklyn Paper reported. The developer will not charge rent for the football field-sized plot, but the operators will need to pay utilities. [more]

From left: 25 Paidge Avenue (credit: PropertyShark) and Motiva President and CEO Robert Pease

UPDATED, 4:04 p.m., Mar. 21: Motiva Enterprises, a Texas-based oil refiner and distributor, has sold a refined petroleum products terminal in Greenpoint for $27.4 million, according to records filed today with the city. [more]

From left: Rafael Vinoly’s and SHoP Architects’ designs for the Domino Sugar site. Inset: Raphael Vinoly and SHoP’s Vishaan Chakrabarti

This week Two Trees Management revealed a new vision for its conversion of the Domino Sugar factory site in Williamsburg. Designed by SHoP architects, the revised plan has generally received positive, even enthusiastic reviews. Part of this response was a sense of relief, as the original proposal, designed by Rafael Vinoly, was roundly condemned for its dullness and insensitivity. [more]

Modern Spaces’ Eric Benaim and the Williamsburg Waterfront

Williamsburg West, defined by Modern Spaces in its end-of-year report as the area from Wythe Avenue to the East River shore, has been commanding average sales prices several hundred thousand dollars above those traded in other Williamsburg areas. The report tracks the sales of studios, one-bedroom and two-bedroom units, as well as units over 1,500 square feet from July through December 2012. [more]

Industrial space in Greenpoint, Brooklyn

With residential rents in north Brooklyn climbing, developers are reluctant to build or redevelop properties for use as office spaces, the New York Times reported. And that has some worried that the Williamsburg and Greenpoint neighborhoods aren’t nurturing enough diversity to remain vibrant, the Times said. While fundraising platform Kickstarter.com is building a headquarters in Greenpoint, there is a dearth of commercial space throughout north Brooklyn. And that is forcing many young, image-conscious companies to opt for Dumbo or Lower Manhattan after searching in vain for space, Drew Conner, a broker with commercial firm Cushman & Wakefield, told the Times. [more]

74 Wythe Avenue (credit: PropertyShark)

Williamsburg’s Wythe Avenue is continuing to enjoy unprecedented popularity, with the opening of various new nightlife options. The current buzz is surrounding the soon-to-open nightclub Output; it is slated to open its doors in the coming weeks at 74 Wythe Avenue. The electronic dance music venue will be just one of two entertainment spaces taking leases at the 11,424-square-foot property, a source told the Observer. Output will have a back room, as well as approximately 2,500 square feet of rooftop space. [more]

Matthew Schwartz, Domain principal, and 1133 Manhattan Avenue

Greenpoint, Brooklyn is slated to get a new 210-unit rental building. The project will be located at 1133 Manhattan Avenue on the neighborhood’s waterfront and will break ground in January, Crain’s reported. [more]

From left: Dunham Place, Christine Blackburn and Lior Barak

Dunham Place, a 160-unit Williamsburg rental, reached the 50 percent leased mark in just about a month, the Corcoran Group said in a statement today. Marketed by Corcoran’s Christine Blackburn and Lior Barak, the waterfront property at 15 Dunham Place hit the market in late October — and thanks to the 50 percent lease mark, the building now has its certificate of occupancy. [more]

From left: Two Trees’ Jed Walentas and the Domino Sugar Factory

Two Trees Management has begun the process of meeting with North Brooklyn residents to discuss the development of the Domino Sugar factory on the Williamsburg waterfront, Brownstoner reported. The developers most recently met with the community to get local residents’ input on the 3.2 acres of open space that’s part of the redevelopment plan. [more]

From left: Rob Scarano and 59 Conselyea Street

Residents at the condominiums at the Robert Scarano-designed 59, 61 and 63 Conselyea Street in Williamsburg say they don’t have any space to bring their garbage and that they’ve been fined for erecting their own trash depositories on sidewalks without permits, DNAinfo reported.

Building resident Penny Stankiewicz told DNAinfo that Scarano neglected to take notice of the city’s rule for residents not to leave garbage on the street on days when pick-up is not scheduled. Scarano declined DNAinfo’s request for comment. [more]