Tuesday, May 30, 2017

Williamsburg’s Domino Sugar redevelopment unleashes its first rentals

The first apartments at 325 Kent Avenue are officially up for grabs

It's been five years since developer Two Trees acquired the former Domino Sugar Refinery site in Williamsburg, with an eye toward transforming the industrial site into a neighborhood-changing megaproject. Now, the first piece of that redevelopment—which will eventually include more than 6,000 apartments and a waterfront park—is officially a real thing.

Two Trees announced today that leasing has begun at 325 Kent Avenue, the doughnut-shaped rental that sits at the southern end of the waterfront site. As we previously reported, market-rate apartments in the building will start at $2,495 for studios, $3,250 for one-bedrooms, and $5,195 for two bedrooms. Its 104 affordable apartments, meanwhile, hit the city's housing lottery last fall, with 87,000 (!) people applying for an apartment.

The building's unique design (whimsical doughnut in the front, stepped with terraces in the back) is also functional: the top of the building—not quite a skybridge, but close—is a three-story structure that houses some of the building's 11,300 square feet of amenities, including a huge roof deck and a tricked-out residents' lounge. There's also a courtyard on the building's fourth floor.

Though much of the Domino redevelopment is still under construction—the park, designed by James Corner Field Operations, won't open until 2018—325 Kent will have one public-facing amenity in the very near future. The first retail tenant will be a 4,000-square-foot outpost of Clinton Hill craft beer bar Mekelburg's, known for serving "epicurean baked potatoes," apparently.

Listings haven't gone live yet, but we'll update once those—and, more importantly, floorplans—are online.

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