Developer sees sweet deal in old Brooklyn sugar refinery

A developer wants to reinvent Brooklyn's defunct Domino Sugar refinery and make it a housing and retail development. The project -- estimated to cost more than $1 billion -- would preserve the main refinery building and include four towers. "We're taking this narrow, vacant industrial site and turning it into an incredibly powerful economic engine for the neighborhood," said the developer, Michael Lappin, president of the Community Preservation Corp. Some are opposed to the project, citing "overdevelopment in our neighborhood."

View Full Article in:

New York Times (tiered subscription model), The · Bloomberg

Published in Brief: