Posted Oct 16, 2012, 6:37 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,890
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http://therealdeal.com/blog/2012/10/...o-domino-site/
Two Trees seeks design changes to Domino site
October 16, 2012
Quote:
Now that Two Trees Management has closed on the $185 million purchase of the Domino Sugar factory site on the Williamsburg waterfront, the company hopes to change significantly the current design of the project, the Wall Street Journal reported.
Two Trees seeks to include office space and an improved open-space plan, according to unnamed sources. The site’s previous developers had vowed that 30 percent of housing built at the site would be affordable; however, the 30 percent figure might not be possible, Two Trees said.
The design changes would require new approvals.
The original plan for the site called for 2,200 residential units, two 34-story buildings, two other buildings rising up to 30 stories and the restoration of Domino’s building, according to Curbed.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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