Displaying items by tag: two trees management company

Two Trees Management Company — the New York-based real estate firm behind the plan to develop the Domino Sugar Factory in Williamsburg  — has announced details of a cultural space subsidy program in DUMBO. Through the program, artists and arts groups will be able to apply for below market rate rents ($12/foot compared to $40/foot) in Two Trees-owned buildings in the neighborhood. “Artists and groups will be chosen based on their commitment to community engagement and social impact, and their quality of work,” according to the press release.

This new program formalizes existing agreements Two Trees has with 50 arts and cultural groups in DUMBO including St. Ann’s Warehouse, Smack Mellon, and the DUMBO BID. 50,000 square feet will be reserved for those groups while another 50,000 square feet will be opened up to new artists, art galleries, and community groups. Applications are due by July 31.

A stone sculpture of what appears to be a goddess was uncovered in Brooklyn, NY last summer at the site of an old spice warehouse hub. Local developer, Two Trees Management Company, discovered the sculpture while building a mixed-use tower at the location.

The armless nude who measures about three feet tall and weighs approximately 400 pounds, was trapped in demolition debris from the mid-20^th century. Excavating equipment damaged the sculpture, affectionately named Ginger, before anyone noticed it. Other artifacts such as 18^th century foundation stones and pottery shards were also found at the site.

Experts believe that Ginger could have originally served as a garden ornament, brothel advertisement or ship ballast and that the sculptor was most likely not formally trained. Scientists will analyze Ginger this spring in hopes of learning more about the artwork’s maker and age. Until then, Ginger will remain on view at the Two Trees headquarters.