Mayor De Blasio has struck a deal with the developer of the Domino Sugar factory site, averting a potential impasse over affordable housing.
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the domino effect
Domino Developers Ask City to Change Affordable Housing Rules
Demolition of the Domino Factory is just about underway, and Two Trees has every permit and rezoning it needs to move forward with construction of its waterfront apartments. But on Friday afternoon, the Department of Housing Preservation and Development held a hearing about a rule change proposed by Two Trees that would affect the tax breaks for developers who create affordable housing. This has agitated activists who oppose the “poor door” measures that some recent developments are accused of taking, from The Edge to Northside Piers to the impending Greenpoint Landing.
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