City Planning unanimously approves Domino Sugar condo plan

Approval follows push to increase affordable housing allotment

New York /
Mar.March 05, 2014 04:10 PM

The City Planning Commission has approved Two Trees Management Company’s redevelopment plan for the landmarked Domino Sugar site in Williamsburg.

Two Trees plans to convert the shuttered waterfront factory at 292-314 Kent Avenue into 2,184 apartments and 631,000 square feet of office space.

The approval comes two days after Two Trees’ Jed Walentas agreed to include 537,000 square feet of affordable housing in the 2.9 million-square-foot project, following a push from Mayor Bill de Blasio to increase the allotment from the previously planned 427,000 square feet.

“If you want zoning from us, find a way to contribute to the city,” Commissioner Irwin Cantor told Crain’s. “We’re not asking for hard dollars, we’re asking for concrete, steel, bedrooms, living rooms (and) kitchens.”

The Landmarks Preservation Commission approved the project in January, but required that architecture firm Beyer Blinder Bell make changes to the glass facade design to make it more visible. The project now awaits approval from the New York City Council, which has until early May to deliberate. [Crain’s] — Angela Hunt


Related Articles

arrow_forward_ios
From left: MetLife's Michel A. Khalaf and Clarion's David Gilbert along with with 44 Berry Street and 139 North 10th Street in Williamsburg (Getty, LoopNet, Clarion, MetLife)
MetLife pays $68M cash for Williamsburg apartments
MetLife pays $68M cash for Williamsburg apartments
DW Partners David Warren and 427 Marcy Avenue (Getty, DW Partners, Google Maps)
Bizarre bankruptcy stops Brooklyn condo project foreclosure
Bizarre bankruptcy stops Brooklyn condo project foreclosure
From left: 346 Kent Avenue, 30-77 Vernon Boulevard, and 1 Java Street (Getty, SHoP Architects, James Corner Field Operations, Lendlease, NYC Department of Housing Preservation and Development)
Multifamily leads big month for outer-borough loans
Multifamily leads big month for outer-borough loans
From left: Toby Moskovits and Michael Lichtenstein with the Williamsburg Hotel
Former accountant for troubled Williamsburg Hotel held in contempt
Former accountant for troubled Williamsburg Hotel held in contempt
Toby Moskovits and Michael Lichtenstein with 564 Street John's Place (Moskovits via Sasha Maslov, Heritage Equity Partners, Google Maps, Getty)
Toby Moskovits, Michael Lichtenstein settle lawsuit with Brooklyn investor
Toby Moskovits, Michael Lichtenstein settle lawsuit with Brooklyn investor
From left: Quadrum Development's Oleg Pavlov, Toby Moskovits, and Heritage Equity Partners' Michael Lichtenstein with the  96 Wythe Ave (Williamsburg Hotel, Getty)
UK firm to buy Moskovits, Lichtenstein’s Williamsburg Hotel for $96M
UK firm to buy Moskovits, Lichtenstein’s Williamsburg Hotel for $96M
Lindenwood Associates' Nat Wasserstein with 159 Broadway (Lindenwood Associates, Stonehill &l Taylor Architects, Getty)
Hager accused of fraud at Williamsburg hotel project
Hager accused of fraud at Williamsburg hotel project
Two Trees' Jed Walentas with rendering of 346 Kent Avenue (Michael McWeeney, SHoP Architects, James Corner Field Operations, Getty)
Two Trees snags $364M for Domino Sugar resi project
Two Trees snags $364M for Domino Sugar resi project
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...