Leasing has officially launched for The Essex, a new residential rental tower on Manhattan’s Lower East Side. The 26-story building at 125 Delancey Street will be the tallest component of the 1.9 million square foot Essex Crossing development, comprised of residential buildings, commercial components, a 14-screen Regal Cinemas, redevelopment of the historic Essex Market, and a new bazaar-style marketplace.
The Union Theological Seminary is working to sell air rights to Lendlease and L+M Development Partners to create a 42-story tower in Morningside Heights. Robert A. M. Stern Architects is designing the new mixed-use building, which will stand 466 feet to its pinnacle, easily making it the tallest in the neighborhood. The project is part of a $125 million rehabilitation initiative which will also include much needed renovations to the Seminary’s 119-year old campus.
Construction is now underway on a Phase I of a sprawling, mixed-use development in Coney Island, Brooklyn. Located at 1709 Surf Avenue, the complex will eventually deliver 1,000 residential units, 150,000 square feet of retail space, and around 80,000 square feet of office area.
Construction has officially wrapped at 275 South Street, in Manhattan, following a full-scale renovation of the aging residential building. The project is one of the most recent properties to debut in “Two Bridges,” a neighborhood nestled at the southern end of the Lower East Side that has witnessed a remarkable uptick in high-rise developments including Extell’s One Manhattan Square and 259 Clinton Street, designed by Perkins Eastman.
A definitive seven-building assemblage is expected to take rise in Brownsville, Brooklyn, following a recent community impact assessment and subsequent filings for permits and rezoning rights. Named the “Marcus Garvey Extension,” the new development will comprise 908,460 gross square feet with anticipated completion in 2024.