The Domino Sugar Factory Deal: $160 Million and a Waterfront View
If you've ever drove/ran/biked across the Williamsburg Bridge, you have probably seen the Domino Sugar factory.
As of now, the deal is in thepreliminary phase
and Two Trees has signed the first term sheet to follow through with the transaction. But, as Biggie pointed out years ago, more money brings more problems: a small feud has broken out between the co-owners of the 12-acre property, Katan Group and an affordable housing organization known as Community Preservation Company (CPC).
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss Village Voice's biggest stories.
- As Islamophobic Rhetoric Gets Louder, NYC Muslims Fear for Their Mosques
Fri., Nov. 27, 6:30pm
Fri., Nov. 27, 7:00pm
Fri., Nov. 27, 7:30pm
Sat., Nov. 28, 12:00am
- Forget Big Chain Theaters — Watch Movies at These Cool NYC Spots Instead
- Rightbloggers: You Don't Have to Live Like a Refugee — But If You Do, Get Lost