NY1.com

  65º

You are not signed in  |  Sign in here  |  Help

You're viewing a lite version of NY1.com

Time Warner Cable customers: Sign in with your TWC ID for video access.

Get my TWC ID. | Get TWC service. | Read the FAQ.

06/21/2012 10:53 PM

Williamsburg Domino Sugar Factory Sold For $185M

By: NY1 News

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

The site of the former Domino Sugar factory in Brooklyn was sold Thursday for $185 million.

The redevelopment of the sprawling 11-acre site on the Williamsburg waterfront stalled because of financial issues.

Two Trees Management, which agreed to buy the site Thursday, plans a $1.4 billion residential development.

The redevelopment plan also includes office space, retail, and a park.