A teaser site with new renderings is now live for 208 Delancey Street, a 12-story residential development on Manhattan’s Lower East Side. Designed by ODA and developed by New Empire Real Estate, the property will yield 85 units with sales launching this spring, led by Compass Development Marketing Group.
Lower East Side
This week the New York State Court of Appeals shut down a lawsuit opposing the development of four new skyscrapers in Lower Manhattan’s Two Bridges neighborhood, as reported in The Broadsheet. This legal move upheld the August ruling by Appellate Division of the New York State Supreme Court in favor of a group of developers, including JDS Development Group, CIM Group, L+M Development Partners, and Starrett Corporation, to build four more towers along the Two Bridges waterfront on the Lower East Side. The site is bound by Cherry Street to the north, South Street to the south, mid-block between Pike Slip and Rutgers Street to the west, and mid-block between Clinton and Montgomery Streets to the east.
Today, One Essex Crossing is officially launching sales, and YIMBY has an exclusive reveal of a slew of renderings for the project, for which occupancy is anticipated later this year. Located on Manhattan’s Lower East Side, the 14-story full-block development is designed by CetraRuddy and developed by Delancey Street Associates, which is comprised of BFC Partners, L+M Development Partners, Taconic Partners, the Prusik Group, and Goldman Sachs Urban Investment Group. The site is bounded by Delancey Street to the north, Suffolk Street to the east, Broome Street to the south, and Norfolk Street to the west, and is one of several addresses in the Essex Crossing master plan that’s spread across six acres and a total of nine buildings. Corcoran Sunshine Marketing Group is handling sales for One Essex Crossing with prices ranging from $890,000 for a studio, to $6,689,000 for a duplex penthouse.
In an effort to bolster sales at One Manhattan Square, Extell Development Company has unveiled an acre of private outdoor amenities designed by West 8 Urban Design and Landscape Architecture. Located in the Two Bridges section of Manhattan’s Lower East Side, the neighborhood’s signature tower stands 800 feet above the East River and now comprises 100,000 square feet of total amenity space.
A large consortium of non-profit and private developers has revealed extensive proposals to construct two new affordable housing buildings on Manhattan’s Lower East Side. If the proposals and required zoning amendments are approved, the new structures would break ground at 151-165 Broome Street within an existing mixed-use complex referred to as Seward Park Extension.