The tallest of nine structures comprising the Essex Crossing development, at 115 Delancey Street, has officially topped-out. The last time YIMBY reported on the site, it had just risen above street level, back in late January. The 26-story building will include 195 rental apartments, of which 98 will be affordable. Its developer, Delancey Street Associates, is comprised of BFC Partners, L+M Development Partners, and Taconic Investment Partners.
“This marks a major milestone for Essex Crossing because in many ways 115 Delancey is our centerpiece,” said Isaac Henderson, a Director at L+M Development Partners. “With mixed-income housing above and a 14-screen movie theater, new home of the Essex Street Market and the Market Line’s first phase below, 115 Delancey will be an exciting place to live, but also a valuable resource for the community and the city.”
The Market line will be a large bazaar-like marketplace along Broome Street, which is already a bustling corridor. The new retail will also sit adjacent to the the new location for the Essex Street Market, which has been a part of the community for 77 years.
Photographs show parts of the pre-fabricated façade rising during sunset. There are now less than a dozen floors left awaiting exterior finishing. Handel Architects is responsible for the design.
Construction is expected to wrap by the summer of 2018.