De Blasio reaches agreement with Two Trees on Domino
by Andrew Shilling
Mar 04, 2014 | 493 views | 0 0 comments | 9 9 recommendations | email to a friend | print
The de Blasio Administration’s call for larger affordable housing units has Domino Sugar factory developers back to the drawing boards for the $1.5 billion, 3.3 million-square-foot apartment project.

De Blasio recently reached an agreement with Two Trees Management for the waterfront site to add an additional 110,000 square feet of affordable housing, for a total of 537,000 square feet of affordable space.

While there were previously 660 proposed affordable units, the new agreement with Two Trees is set to create 700 affordable units, including larger apartments to make room for families.

Jed Walentas, principal of Two Trees Management, said he is proud to have worked towards increasing the amount of affordable space and looks forward to breaking ground this December.

“This won't just be an ordinary development, it will be part of an integrated neighborhood that brings people of every income level together,” Walentas said. “We hope this can become a model for what we can all achieve together in the years ahead."

Plans for the affordable units also require they be built throughout the complex and not isolated in one separate building, as has been the case with other waterfront developments in North Brooklyn.

Alicia Glen, deputy mayor for Housing and Economic Development, said the city would continue to work towards safeguarding 200,000 affordable units over the next 10 years.

“This agreement is a win for all sides, and it shows that we can ensure the public's needs are met, while also being responsive to the private sector's objectives,” Glen said.

Councilman Stephen Levin applauded the new mayor for his focus on providing additional affordable units at the site and said he is prepared to get back to work to iron out the details.

“The amount of affordable housing the de Blasio administration was able to lock in through zoning is unprecedented,” Levin said. “We still have our work to do at the Council and I will continue to review the details of the project."

Neighbors Allied for Good Growth (NAG), a North Brooklyn group that advocates for smart development, issued a statement applauding de Blasio for expanding affordable housing, however calling for more open space and the implementation of the Williamsburg Bridge Park under the Williamsburg Bridge.

“We also ask that the de Blasio administration honor the unfulfilled promises of the 2007 rezoning, which should have already created dozens of acres of parkland, hundreds of units of city-built affordable housing and other infrastructure that has yet to materialize, and which will only be more needed after the Domino project is completed," read the statement.
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