realestate

Domino Refinery Faces Capacity Constraints Despite Leasing Challenges

The building has become a hub for fintech and AI innovation.

T
he Refinery at Domino, a former sugar plant in Brooklyn, is gradually filling up with new tenants. Despite developer Jed Walentas' initial goal of leasing the entire 469,000 square feet to one company, progress has been steady with smaller users. The building is now over 50% leased, a significant increase from last year.

    The unique glass-wrapped exterior has attracted fintech and AI companies, including Plastic Labs and Metal, which have recently signed new leases totaling 49,000 square feet. Existing tenants Whop, LayerZero, and Flora have also expanded their space. Other notable deals include Equinox, Saga Hospitality, cannabis dispensary Gotham, and retail tenants, bringing the total leased space to 60%.

Domino Refinery in Louisiana faces capacity constraints amidst leasing difficulties.