Because there aren’t yet enough luxury apartments to choose from in Williamsburg, right?
According to Curbed, the first piece of the Domino Sugar Factory grounds mega-redeveopment—which they report will eventually include more than 6,000 apartments and a waterfront park—is officially making its (almost) rental-ready debut at 325 Kent Avenue.
Standing 16-stories high, the building neighbors the historic Domino Sugar Factory (of which the rental building bears its name). Brownstoner reports that the building will offer 522 residential rental units ranging from studios to two-bedrooms. While studios start at $2,495, one-bedrooms will rent for $3,250 and two-bedrooms will cost you a pretty $5,195. 104 of these units will be reserved for an affordable housing lottery (with monthly rents ranging from $596 for a studio to $979 for a two-bedroom). The affordable housing is reserved for households earning between $21,772 and $54,360 a year—the lottery already received a whopping 87,000 applications last fall. According to Brownstoner, the options for the affordable units were a “response to the community and newly elected Mayor de Blasio”.
Some years later, Two Trees’ dream of a colossal doughnut-shaped rental site nears reality as the building’s facade reaches completion. While many Williamsburg residents may scoff at yet another luxury building taking up too much neighborhood space, the ambitious architecture of this building does, however, gift residents less of an obscured skyline view—unlike other high-rise apartment complexes in the neighborhood (we’ll give them that). The complex’s iconic sugar factory neighbor, which was landmarked in 2007, will remain in all of its glory; however, the space will be used for offices.
The 11,300-square-feet of amenities includes a 2,000-square-foot courtyard, a “tricked-out” residents’ lounge, health club, roof deck, and more.
Much of the re-development is still under construction, according to Curbed. The park, designed by James Corner Field Operations, will not debut until 2018 and the resident shops at the base of the complex have yet to open their doors. The first business slated to take residence here is Mekelburg’s.
Listings for the rentals are not live as of right now but are expected soon.