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This page contains a single entry from the blog posted on March 29, 2007 9:55 PM.

CPC Speaks

CPCR and Isaac Katan have promised to share their plans for Domino Sugar with the community. It looks like this sharing might happen soon - from amNY today:

Domino Sugar Factory: The Greenpoint-Williamsburg may have been a sweet deal for housing along the waterfront, but it does have its sticking points, including the preservation of a historic building in the neighborhood.

Built in 1884 and shuttered in 2004, the Domino Sugar factory remains an icon in Williamsburg for its illuminated curlicue sign. But because of its historical significance, the building has spawned a housing battle as its current owner, CPC Resources, determines how to turn the former factory into a residential development.

While some advocates want CPC Resources to build the maximum amount of affordable housing, others want the developer to preserve the factory as much as possible.

"We're trying to develop something that's responsible in terms of affordable housing and in terms of preservation," said Richard Edmonds, a spokesman for the CPC Resources, a subsidiary of Community Preservation Corp., an affordable housing developer.

Edmonds said the developer will unveil its plans in the coming weeks.

However, he did say that more than 20% of the development's units will be affordable housing.

More here .

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Eberhard Faber