When completed, Essex Crossing will be a big deal for the Lower East Side. The multi-building project is on the former Seward Park Urban Renewal Area, and will have several residential structures, as well as commercial amenities galore – from a new Essex Street Market to a Regal Cinema, a bowling alley to a medical center, gardens both beer and regular, office space, and more. Construction is now underway and we have photos to show you, an exclusive courtesy of Tectonic.
Developer Louis Ceruzzi has already begun demolition work at his property at 520 Fifth Avenue. We now know that construction will begin before New Years on the 71-story Handel Architects-designed tower, courtesy of an interview Ceruzzi gave to the Commercial Observer. In the interview, he also gave an update on his development at 147 East 86th Street. He said there is much work to be done relating to the Second Avenue Subway project, but real work should start in March.
In October of 2014, YIMBY reported on filings for a 27-story, 168-unit residential building at 27-19 44th Drive, in Long Island City, and now The Court Square Blog has spotted on-site renderings of the project, which is being developed by Twining Properties. The latest permits have the building measuring 128,006 square feet, which includes 2,807 square feet of ground-floor retail space, and units averaging 731 square feet apiece. Handel Architects is the architect of record. Demolition of the site’s two-story predecessor finished in September, and completion is slated for the summer of 2017.
Earlier this week, YIMBY brought you news, via Brownstoner, of the progress on Greenpoint Landing’s first two affordable residential buildings, and now developer Park Tower Group is getting ready to begin on two high-rise rental towers, which closely resemble YIMBY’s partial reveal of the planned towers at 37 and 41 Blue Slip. Brookfield Property Partners, who acquired a majority stake in the two-tower project for $59.7 million, according to Crain’s, will be co-developing, and two buildings — one 30 stories with 365 units, and another 40 stories with 415 units — are planned. Gothamist has the latest renderings, and construction is expected to begin in the first half of 2016. Handel Architects is designing. Greenpoint Landing, a 5,000-unit mega-development in northern Greenpoint, will include a total of 10 or more buildings.
Toward the end of last spring, YIMBY brought you a construction update on the first two affordable housing components for the 5,500-unit Greenpoint Landing megaproject, in northern Greenpoint along the waterfront. At the time, foundation work was underway at 33 Eagle Street, where a seven-story, 98-unit residential building is planned, and now the building appears to have topped out, per Brownstoner.