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  #21  
Old Posted Mar 29, 2012, 8:13 PM
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recycling?
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  #22  
Old Posted Mar 30, 2012, 12:26 AM
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Why not make a museum out of it as London did with the Tate Modern.
A very small portion could be maintained as a museum (I'm talking a room) but not too many people in general are interested in the manufacturing of sugar to create a major museum for it. A small museum of the factory itself could attract the casual observer. New York was once a manufacturing capital, there are buildings all over the City that have had some connection with it, many if not most still standing, but put to other uses.
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  #23  
Old Posted Mar 30, 2012, 1:47 AM
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A very small portion could be maintained as a museum (I'm talking a room) but not too many people in general are interested in the manufacturing of sugar to create a major museum for it. A small museum of the factory itself could attract the casual observer. New York was once a manufacturing capital, there are buildings all over the City that have had some connection with it, many if not most still standing, but put to other uses.
I'm sorry, I should have been more clear. In London they converted the old Bankside Power Station in to a modern art museum, not a museum of the station's history, or the industrial history of the city.
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  #24  
Old Posted Mar 30, 2012, 1:54 AM
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Hopefully things don't get too side-tracked . . I really like alternative use concepts that have presented themselves. There really are a lot of possibilities for the spaces.
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  #25  
Old Posted Mar 30, 2012, 2:11 AM
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Originally Posted by Duck From NY View Post
I'm sorry, I should have been more clear. In London they converted the old Bankside Power Station in to a modern art museum, not a museum of the station's history, or the industrial history of the city.
I know what you mean. But New York has a lot of museums, most with easy access. There's no way anyone is going to put a major museum here. The only thing you could do is a small museum to what was once on the site.



http://archpaper.com/news/articles.asp?id=5971

Domino Falls Down
Lawsuit yet another blow for developer of problematic Williamsburg site.




Molly Heintz
3.29.2012

Quote:
The project’s lead, Community Preservation Corporation Resources (CPCR), has lost a top-level leader, defaulted on major loans, and now is being accused of betrayal by a former partner: The Katan Group, CPCR’s development collaborator at Domino, has filed a lawsuit amid reports that CPCR was looking to sell part or all of the 11-acre property without Katan’s knowledge.

CPCR is the for-profit arm of Community Preservation Corporation (CPC), a nonprofit consortium of banks established in 1974 to help fund affordable housing projects in the New York area. Its counterpart, CPCR, was founded in 1992 so that the group could act as a proactive developer as well as an investor. Other affordable housing developers, such as Enterprise Community Partners, operate simultaneously as both nonprofit and for-profit; however, one big difference, said sources familiar with the corporate structure, is that at CPC-CPCR, both its nonprofit and for-profit branches are directed by the same person. Until last November, that was Michael Lappin, who abruptly retired after 31 years with CPC. In January, Lappin’s post was filled by Rafael Cestero, former commissioner of New York’s Department of Housing Preservation and Development.

Cestero will be responsible for addressing Domino’s future as well as the bigger question of whether, given its mission, CPC-CPCR should have been involved with such a project in the first place. Domino’s sheer scale—the plan includes 2,200 units, with 660 set aside for affordable housing—was unprecedented for CPC-CPCR and the aspect of the project that the local community objected to the most. A design by architect Rafael Viñoly and a mandate to work around newly landmarked factory buildings exponentially increased the price tag, and, following the financial crisis, the project simply ran out of cash. Katan Group is now suing CPCR, stating in a March 5 court filing that the lead developer “has effectively depleted all of the refinery’s available capital, while virtually no construction work has been performed.”

...every twist and turn of the development drama has been captured by a documentary team. Megan Sperry, one of the filmmakers of the forthcoming The Domino Effect, said “CPCR has been looking for investors for two years, and now they’re getting desperate.”

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  #26  
Old Posted Mar 30, 2012, 4:51 AM
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I know what you mean. But New York has a lot of museums, most with easy access. There's no way anyone is going to put a major museum here. The only thing you could do is a small museum to what was once on the site.
True, that part of the South Bank of the Thames is closer to the central city than Williamsburg. With all the hipsters around, I'm sure they could put an art gallery in there along with an industrial museum or something like that.
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  #27  
Old Posted Mar 30, 2012, 11:26 AM
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True, that part of the South Bank of the Thames is closer to the central city than Williamsburg. With all the hipsters around, I'm sure they could put an art gallery in there along with an industrial museum or something like that.
A small gallery, perhaps. Nothing that would be a major draw though.
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  #28  
Old Posted Apr 6, 2012, 4:03 AM
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http://therealdeal.com/blog/2012/04/...-within-month/

Judge to determine fate of Domino Sugar Factory within month
Developer says it will wait to complete the deal until the judge issues an injunction ruling



April 05, 2012
By David Jones

Quote:
A state Supreme Court judge said she would rule on an injunction request at the struggling Domino Sugar Factory site in Williamsburg by May 4, after lawyers for developer CPC Resources and its main investment partner battled over a deal to sell the proposed $2 billion housing and retail project.
The dispute centers on the 11-acre site of the defunct Dominos sugar factory, on the Willliamsburg waterfront between South 5th and Grand streets, which CPC and Katan acquired for $55 million in 2004. The original plan called for the team to build more than 2,200 apartments, plus commercial office space, community organization space and retail stores as well as a promenade along the East River waterfront. The proposed site was originally slated to preserve 30 percent of the units for affordable housing. In the suit dated March 5, Katan alleges that CPC failed to get construction moving on the site...

Katan Group, the project’s main investment partner, filed suit last month seeking to block a deal to sell the project back to its lender, Pacific Coast Capital Partners. Katan, led by veteran developer Itzhak Katan, alleges that CPC has completely mismanaged the Dominos site and would see its equity diluted from 50 percent down to 8 percent if the sale was allowed to go through. “We’re focusing on the fact that they’re taking our ownership interests and giving it away,” Morrison Cohen attorney Y. David Scharf who represents Katan Group, told Judge Eileen Bransten at the hearing. The company also claims it has found a “white knight” investor that would buy the site on the same terms as the proposed CPC sale back to the bank, according to lawyers.

But, attorney Mark Walfish of Katsky Korins, representing CPC, launched a blistering array of charges against Katan, saying the injunction would result in a foreclosure against the project. He also said that CPC, as managing member of the entity that controls the project, only has the obligation to consult with Katan, and has the full authority to make final decisions on the project. “There is nothing we are doing that eviscerates their rights,” he told the court.
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  #29  
Old Posted Apr 7, 2012, 12:10 AM
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http://www.commercialobserver.com/20...rom-the-start/

Domino Sugar Partnership Had Flaws From Start


Isaac Katan

By Daniel Geiger 4/05

Quote:
Isaac Katan stood on the edge of the cement pier and gazed across the choppy waters of the East River at Manhattan. The city’s skyline unfolded in a panorama in front of him. On one side was the Empire State Building prominent among the cluster of buildings in Midtown, then Lower Manhattan just across the water and finally downtown Brooklyn to the south. Periodically, the rattling of a passing subway echoed over the Williamsburg Bridge, whose sweeping span arched across the sky only a few hundred yards away.

“This is why,” Mr. Katan said, gazing out blankly at the view. When in 2006 a broker whispered to Mr. Katan that the Domino Sugar factory would be coming to market for sale, only one question popped into his mind: how could he buy it before rivals even had a chance to bid? “The broker told me, I had 48 hours,” Mr. Katan remembered

The very public rift between the partners comes a little more than a year after CPC won hard fought approvals with the City Council and the Department of City Planning to build at least four high rise residential towers on the parcel. The company agreed to dedicate a significant portion of the units for affordable housing and also to restore and preserve the historic buildings on the site.

Ms. Pollock said that much of the money spent by the partnership was to prepare development plans and other materials for that approval process. “To spend $125 million in preparation for a planned $1.5 billion development isn’t an unusual amount,” Ms. Pollock said, noting that the city’s Uniform Land Use Review Process, the city approval that CPC had to pass the project through, is a lengthy and rigorous undertaking that required detailed disclosures on its technical and environmental components.
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  #30  
Old Posted Oct 15, 2012, 5:32 PM
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http://commercialobserver.com/2012/1...-million-deal/

Two Trees Closes on Domino Factory in $185 Million Deal

10/15/12
By Daniel Geiger

Quote:
Two Trees has completed a $185 million acquisition of the Domino Sugar Factory, an 11-acre parcel on the Brooklyn Waterfront where the development firm plans to build potentially billions of dollars worth of residential apartments. The site had been at the center of a months-long legal dispute between its two previous owners, CPC Resources and the Katan Group, in which Katan had tried to block the sale to Two Trees on claims it had received higher offers from other buyers, including the investor Joe Chetrit.

After arranging to hand the Domino site to its lender Pacific Coast Capital Partners in a deal that would have valued the site at around $140 million, CPCR reached an agreement with Two Trees in June to sell it for $160 million. Eventually Two Trees raised its offer to $185 million after Katan claimed it had better bids from other interested buyers that reached in excess of $200 million.

Katan attempted to block the sale to Two Trees, winning a temporary injunction against the sale in late September. That decision, Katan’s final legal option in opposing the deal, was overthrown last week by a state Appellate Court, paving the way for Two Trees to close on the site, which features the derelict remnants of what was once one of the world’s largest sugar refineries.
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  #31  
Old Posted Oct 15, 2012, 6:48 PM
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If I'm not mistaken the developer was ready to get this going last year, before getting bogged down in lawsuits, so hopefully this is a go at this point.

Should be incredible to watch this, Hunters Point Souths 8 or so towers, the 10 tower Greenpoint development, and the 40 story Williamsburg tower all be constructed along the East River at roughly the same time.
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  #32  
Old Posted Oct 16, 2012, 6:37 PM
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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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  #33  
Old Posted Oct 16, 2012, 7:34 PM
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Well let us hope that this actually bumps the height and unit density even higher than the original proposal.
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  #34  
Old Posted Oct 16, 2012, 11:13 PM
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Glad that the furnace has been reignited - I've always been excited about the possibilities of this project. Not to mention the impact such a development would have on the waterfront.
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  #35  
Old Posted Feb 4, 2013, 2:51 PM
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http://online.wsj.com/article/SB1000...889629580.html

Back to Work at Domino Factory
Real-Estate Developer Hopes to Mix It Up by Adding Office Space to Williamsburg Landmark Plans






February 3, 2013
By ELIOT BROWN

Quote:
Amid a sea of new apartments popping up in the Williamsburg section of Brooklyn, Jed Walentas has an alternative idea: office buildings.

Last October, Mr. Walentas's company took control of one of the most valuable development sites in Brooklyn, the former Domino Sugar factory on the Williamsburg waterfront. Since then the company, Two Trees Management Co., has been figuring out what to do with the 11-acre site which has sweeping views of the East River and Manhattan.

Now his vision for the site is beginning to emerge, and it looks different from the all-residential plan that had been envisioned for the site earlier. Instead, Mr. Walentas wants to include in the complex enough office space for as many as 3,000 to 4,000 workers.

Mr. Walentas says he's adding office space to his plan to make the development more vibrant than other large projects that have risen in recent decades. These projects, including some in Long Island City and other parts of Williamsburg, are sterile because they only have apartments, not a mix of uses, he says. "They don't make great urban places, they don't integrate into the neighborhoods," he says. "What we're trying really, really hard to do here is to mix in enough commercial office space to give this neighborhood and this community a sense of that feeling of vitality."


Getting city approval for the change is by no means certain. The 2010 rezoning by the site's prior owner, CPC Resources Inc., was contentious and community groups and elected officials are expected to review closely the plan for office space and other changes to the plan.

Councilman Stephen Levin, who is poised to play a key role, says he supports adding office space and reducing the residential footprint, but stopped short of endorsing the plan overall. "I'm supportive of mixed-use development all up and down the waterfront," he says. "To me it seems pretty clear that what makes a vibrant neighborhood is the ability of folks that live there to also work there, or for folks that commute in to work there."
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  #36  
Old Posted Mar 4, 2013, 3:43 AM
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It will be fun to watch these designs grow and change before any soil is moved.
http://gothamist.com/2013/03/04/firs...ne.php#photo-1
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  #37  
Old Posted Mar 4, 2013, 7:17 AM
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I hope this doesn't get watered down...
http://m.nypost.com/p/news/local/bro...4mPxOhGwBTSCHJ
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  #38  
Old Posted Mar 4, 2013, 7:29 AM
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Sue me but I think I'm in love.

I honestly like this project now. The original buildings looked so sterile (I was just happy with the density it was/is bringing), but these are very creative, especially for Brooklyn. I approve!
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  #39  
Old Posted Mar 4, 2013, 7:45 AM
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I hope this doesn't get watered down...
http://m.nypost.com/p/news/local/bro...4mPxOhGwBTSCHJ
It's terrible that I'm conditioned that way too, but after I saw these new renders, my first thought and biggest fear was: "Dear god, I hope this plan isn't modified AT ALL before it is built."

LOVE LOVE LOVE it.
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  #40  
Old Posted Mar 4, 2013, 12:30 PM
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Let's just hope it doesn't end up another Con Ed level disappointment...


http://ny.curbed.com/archives/2013/0...t_revealed.php

Taller, More Porous Buildings

Quote:
Since SHoP's plan creates more open space, that means that the loss of square feet is made up for in height. But instead of designing bulky, sun-blocking buildings, SHoP created slender, porous buildings that leave waterfront views in tact for the neighborhood behind the development. "We didn't want the project to have a back," said Chakrabarti. One building, which will inevitably become known as the Donut Building, has two 55-foot wide towers set 120-feet apart, joined at the top. Another edifice looks like two stacked Tetris pieces with a gap between them. Two slender 60-story towers, connected by a skybridge, comprise the tallest structure. All allow for light and air to pass through.

Somewhat surprisingly, Two Trees said the community and public officials they shared these plans with were totally happy with taller structures if it meant more open space. "If you're standing next to a 400-foot tall building or a 600-foot tall building, you have no idea," said Chakrabarti. "But if a 600-foot building means that you get a park where your kid can graduate, that means something to you."

Prominence and Contextualization

The Domino site is possibly the most prominent piece of real estate in Brooklyn. It sits at the dead center of the Manhattan-facing waterfront, and it's what drivers on the FDR see, whether they are headed north or south. "This has the opportunity to be what new Brooklyn says to the world," said Chakrabarti. As such, SHoP designed the site with exuberance: high points that make a statement on the skyline scale, a mid-range that echoes the Domino refinery building, and low points that speak to the surrounding neighborhood. Every building "meets the ground in a contextual way" in order to connect with the existing streetscape, and all street-level spaces will be filled with small-scale retail. There will be no big box stores.

Locking in the Designs

With big, innovative projects like these, there is always fear that the features that make the architecture interesting could be value-engineered out, but Two Trees doesn't want that to happen. Lombino said the developer is willing to lock in the building envelopes and things like the sky bridges so they can't be worked out of the designs later down the line. SHoP will design two of the five buildings and curate the architects for the others. "They should be different architecturally," said Chakrabarti. It hasn't been decided which structures SHoP will take, but the donut, which will have a school at the base, is "near and dear" to Chakrabarti's heart. SHoP has currently designed it like "a pineapple": textured on the outside, smooth on the inside. The facade is made of multiple different materials, some similar to the weather steel of the Barclay's Center, and inside the donut hole has a glassy surface that plays with the sunlight.


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http://observer.com/2013/03/jed-wale...-williamsburg/

Jed Walentas Plants a Tree (or Two) in Williamsburg





By Stephen Jacob Smith 3/03/13

Quote:
When Two Trees Management bought the old Domino Sugar site from CPC Resources and a reluctant Katan Group, a local developer told The Observer that Jed Walentas would be “crazy to go back to ULURP” for a rezoning of the site, which had already been approved for thousands of high-rise apartments. But going back to to everyone’s favorite acronym (to pronounce, at least) is exactly what Mr. Walentas intends to do. He and SHoP, the New York-based architecture firm that Bruce Ratner tapped to design the Barclays Center and Atlantic Yards after Frank Gehry proved too expensive, called a group of reporters to SHoP’s offices near City Hall on Friday to show off their plans for the site.

The first thing Mr. Walentas spoke about was Two Trees’ desire to expand the amount of parkland included in the project—adding two new acres—and to make it more accessible to the public. He criticized the open space in the old site plan as something that “felt very much like a privatized front lawn for people who lived there,” and spoke about his desire to pull the buildings back inland to make more space for the quarter-mile-long waterfront park, as well as add a new public street between his buildings and the waterfront.

But the extra park space comes at a price: the towers will have to rise higher to make up for the smaller footprints. The tallest tower on the site would rise to 598 feet, or about 60 stories—much taller than the 340-foot maximum height in the currently approved plan.

Of the project’s height, Mr. Chakrabarti conceded that “there’s no architectural way to hide that” on the edge of a neighborhood that otherwise tops out at around six stories.

Overall built square footage would rise to about 3.4 million, with a full half a million extra square feet of office space, which the developer claims will triple Williamsburg’s existing commercial space. As previously reported, the office space will rent for much less than the apartments—about $25 a square foot, half what Mr. Walentas says he can get for housing—though with so much of it, perhaps he’s hoping he can make up for it on volume.

To accomodate all the extra office space, the site would lose 116 apartments (which should please the community), as well as some of its retail (no two-story big box stores in this plan) and about a third of its parking. In lieu of the Rafael Viñoly masterplan that CPC-Katan wanted to build, Two Trees will be bringing in SHoP to design two of the buildings, with the other sites handed off to other architects.

Vishaan Chakrabarti, the SHoP principal who spoke for the the firm at the meeting, seemed eager to build the taller rectangular tower with the cut-out in the middle, whose rendering bears a faint resemblance to the towers SHoP has planned for Atlantic Yards. The differentiated window framing, featured somewhat haphazardly at Atlantic Yards, will be accentuated and formalized into a “game of squares,” as Mr. Chakrabarti called it, though he downplayed the similarities to SHoP’s work at Atlantic Yards.

The Observer spoke to local councilman Steve Levin, who represents the waterfront neighborhoods from Brooklyn Heights to Greenpoint, and his first observation about the plan was that “from a design and architectural perspective, it’s certainly bold.”














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Last edited by NYguy; Mar 4, 2013 at 12:46 PM.
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