Video: TRD on the Domino Sugar Factory Conversion
The Real Deal has just posted a video about the impending conversion of the Domino Sugar Factory in Williamsburg into a mixed-income residential complex. Our favorite soundbite comes from developer CPC Resources’ Susan Pollock: “We’re talking about doing some interesting things inside the smoke stack.” Do tell! TRD 52 – Domino Sugar [YouTube] GMAP
The Real Deal has just posted a video about the impending conversion of the Domino Sugar Factory in Williamsburg into a mixed-income residential complex. Our favorite soundbite comes from developer CPC Resources’ Susan Pollock: “We’re talking about doing some interesting things inside the smoke stack.” Do tell!
TRD 52 – Domino Sugar [YouTube] GMAP
This is quite a fluff piece for CPC. Lots of lobbying money here as reported in all the papers two weeks ago. Also, CPC’s crowning Parkchester achievement in the Bronx was “rehabilitation,” not new construction. Furthermore, it was all affordable housing, meant to “reestablish the social fabric of the community” (from CPC’s website). According to displacement theory/math, every luxury unit will displace 2 low-income families from the neighborhood. You do the math. This does not sound like the CPC they champion themselves to be.
I’d always thought about a small private dining room for 2-4 people at the top… an (expensive) date with a nice view. Tiny elevator and spiral stair providing access.
-gc
from the NY SUN:
Some 30%, or 660, of the new apartment units would rent at a below market rate, according to the plan. One-hundred rental units would be designated as affordable for families making about $21,000 a year; 330 for those making up to about $40,000, and 100 for seniors who make up to 50% of the median income for the area. The remaining 130 “affordable” units would be offered for purchase to families making up to $90,000 annually.
Mr. Lappin said the development would contain 120,000 square-feet of retail space, 100,000 square-feet of “community space,” and would generate an estimated 550 new jobs.
The development also represents “the first time in several generations that this part of the waterfront will be open to the public,” Mr. Lappin said, noting that it would include 4 acres of publicly accessible open space, as well as a new pier for water taxi service connecting the development, dubbed the “New Domino,” to points in Manhattan and Brooklyn.
First thing that we all need to keep in mind is – What is their definition of affordable. Believe me it is not what most Broklynites think. It is more like just below rich.
Second and most important- Don’t let them fool you: the main culprit (who has now taken to hiding his name)is the one and only Issac Katan. A real Scum bag if ever there were one.
I think “demolition” is a better word than “conversion.” Those screenshots of the ugliness and density CPCR and CU are bringing are awful. And when she points to the “big park” it is basically the size of two front lawns. This whole project is a fuck-you to working people, historians, locals, and those who appreciate open space. They should probably put in a fire station for the feudal lords who are going to live there, since as you might recall the city closed ours. And a helipad so they can get to the Hamptons.