Deal reached on plan for Domino sugar refinery - New York News

Deal reached on plan for Domino sugar refinery

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Brooklyn's Domino Sugar plant, an East River, New York fixture for 148 years, is closing its refinery operation after Friday's Jan. 30, 2004, shifts. (AP Photo/Kathy Willens) Brooklyn's Domino Sugar plant, an East River, New York fixture for 148 years, is closing its refinery operation after Friday's Jan. 30, 2004, shifts. (AP Photo/Kathy Willens)

NEW YORK (AP) - A redevelopment plan of the former Domino Sugar refinery in Brooklyn has moved forward after the city struck a deal to include more affordable housing units in the project.

According to The New York Times, the deal was struck Monday after the developer agreed to set aside about 700 units for low- and moderate-income housing.

Originally, 660 affordable units out of 2,300 were planned.

In exchange, the developer is expected to get a zoning variance to build 55-story towers, 20 stories higher than regulations permit.

The $1.5 billion project has been in the works for years. It calls for residential towers, office space, a school, park space and a revamped esplanade along the East River.

The City Planning Commission is expected to vote on the proposal on Wednesday.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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