Yesterday, City Council and Mayor Bill de Blasio agreed on a plan that will allow the redevelopment of Williamsburg’s Domino Sugar Factory to go forward. The deal involved lowering the Area Median Income, which determines who will qualify to rent the new complex’s 700 units of affordable housing.
“We came up with a framework that I believe will lead to a lower A.M.I.,” said Councilman Steven Levin, who represents the area. “[It] means the apartments will be affordable to people making lower incomes, in the range of a family of four making $40 or $50 or $60 thousand dollars a year.”
In April, ANIMAL went inside the abandoned refinery with the urban explorer and photographer 2e.
According to Capital New York, affordable units will become available within the next two years. Two Trees, the development company, hopes to break ground on the project by December. (Photo: @Emmanuel Huybrechts)