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 (https://nyti.ms/1i9wu6X ), 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.
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Information from: The New York Times, https://www.nytimes.com
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