The development team behind 14 LeCount Place in New Rochelle has successfully lined up $190 million in construction financing to complete the mixed-use development. Located in the heart of downtown New Rochelle, the 457,000-square-foot project will eventually yield 380 residential units, 6,000 square feet of retail space, a parking garage, and amenity areas.
A new mixed-use tower within the billion-dollar Essex Crossing development has officially topped out above the Lower East Side, Manhattan. Located at 180 Broome Street, the 26-story tower is designed by Handel Architects and will eventually contain 175,000 square feet of office space, 263 rental units, and 27,000 square feet of retail area. The building is expected to complete by the end of 2020, while the full Essex Crossing project is planned to wrap up by 2024.
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 Midtown Plateau’s block-to-block coverage of behemoth skyscrapers knows no rivals in terms of sheer density, which is why it is increasingly difficult for towers to penetrate above the still-rapidly-growing thicket. But at an imminent height of 1,050 feet, and after ten years of watching and waiting, the Jean Nouvel-designed 53 West 53rd Street is about to do exactly that.
The blocks between Greenwich Village and Union Square have seen several developments rise over the past few years, especially on East 12th Street, between Fifth Avenue and University Place. While NIMBYs are attempting to pass another rezoning to restrict new construction even further, that will not stop progress at 21 East 12th Street, which has now officially topped-out.