Domino Can Proceed On $180M Factory Sale To Two Trees

Law360, New York (October 10, 2012, 6:15 PM EDT) -- Community Preservation Co. can move forward with the $180 million sale of the former Domino Sugar factory on the Brooklyn waterfront to Two Trees Management Co. LLC after a state appellate judge lifted a stay on the deal late Tuesday.

Just two weeks after granting co-developer Katan Group LLC's request to delay the sale while the court considered an appeal of a previous order giving it the green light, the New York State Supreme Court Appellate Division lifted the block and rejected a new injunction motion...
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