The Domino Sugar Plant in Williamsburg has been bought. The NY Times reports that developers have not disclosed what the plant will be, but notes that one of the partners, Isaac Katan, is a "Brooklyn developer who has helped gentrify Fourth Avenue in Park Slope", while the other partner, C.P.C. Resources, has experience in rehabilitation of older apartments. The article also notes that when the plant stopped sugar production (but remained open) last August, City Planning department had wanted to keep the plant for manufacturing, but things might have changed. Gothamist knows this much: The views from the plant would be really spectacular, whether residential or a commercial property...it would be cool to put a museum there, the way the Tate Modern, DIA Beacon and Mass MoCA are in old plants. But that doesn't do much to ensure blue collar jobs, so we'll be curious to see how planning officials and developers address the issue.
The City Planning department has very ambitious plans to develop the Greenpoint-Williamsburg waterfront, which can be seen at their site, Greenpoint-Williamsburg Land Use and Waterfront Plan.
Gothamist on the closing of the Domino sugar plant.
