DOMINO IN WILLIAMSBURG: MAKING AFFORDABLE HOUSING OUT OF SUGAR?

Ths from NY1’s Jeanine Ramirez:

The barbed wire fence blocking the Williamsburg waterfront will soon be coming down, giving the community access to this area for the first time in more than a century. The fence sits on the site of the old Domino Sugar Factory – which closed in 2004.

The plant, once one of the world’s largest sugar refineries, will now be turned into housing.

“What’s best about New York is creating a community where people of diverse backgrounds, of diverse incomes, can live together and prosper as a community,” said Michael Lappin of the Community Preservation Corporation. “And this is what New York City is about. This is what the new Domino will be about.”

The not-for-profit Community Preservation Corporation is overseeing the development, along with the Katan Group, a private developer – which bought the factory after it shut down.

The Katan Group says it plans to invest more than a billion dollars to turn the former factory into 2,200 apartments, both rentals and condos. It says 30 percent of the apartments will be affordable for people making as little as $21,000 a year. Others will be set aside for seniors, moderate income earners, and those who can pay market rate.

Community activists say they are pleased with this news.

“This is the last hope of our community for affordable housing,” said community activist Luis Garden Acosta. “We’ve been under assault by the kind of development that only, practically speaking, responds to market forces.”

10 thoughts on “DOMINO IN WILLIAMSBURG: MAKING AFFORDABLE HOUSING OUT OF SUGAR?”

  1. I’m would like to know where can i get an application.I’m interested in applying.Please email me with the info.
    Thank you Alex

  2. To whom it may concern, i am interested in your low income apartments at Domino. I would like to know where and how i can obtain an application?
    i have been residing at williamsburg for forty nine years and would like to stay but with affordable rent.
    please keep me posted,it will be very well appreciated.
    thank you very much,Elsa

  3. When would this project be comleted? Often I find that these apts. are available through a lottery system. When I have done my research, I have found them to ask questions concerning race abd doing credit checks. I know if a person has a low income as I do and a Assistant Teacher for over ten years, I have been turned down because of low credit scores. How unfair because it had nothing to do with me paying rent.

  4. When will this project of affordable housing come into effect and how can I get information.

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