Lower East Side

Developers Acquire Stalled 16-Story, 98-Key Hotel Project at 139 Orchard Street, Lower East Side

10:00 am on May 11, 2016 By Reid Wilson

In 2011, D.A.B. Group defaulted on the mortgage for their 16-story, 98-key hotel project at 139 Orchard Street, located on the Lower East Side. The developer eventually lost control of the site and abandoned construction on the structure, although the building topped out before work stopped. The latest development is that Fortuna Realty Group and Elk Investors won an auction to acquire the stalled-out project for $30.75 million, The Real Deal reports. Buildings applications indicate the hotel will measure 39,064 square feet. The new owners plan to finish construction on the building as a hotel. Completion is expected sometime in 2017.

77 Chrystie Street, image via Google Maps

Permits Filed: 77 Chrystie Street, Lower East Side Office Building

7:00 am on May 4, 2016 By Rebecca Baird-Remba

Filings for new residential buildings have slowed to a crawl as the real estate lobby and the construction unions fight over the future of the 421-a tax abatement, but commercial development is alive and well across the city. Yesterday, we spotted plans for a six-story office building at 77 Chrystie Street in the Lower East Side.

Renovation Planned at 19-Story, 256-Unit Mixed-Income Residential Building at 275 South Street, Lower East Side

10:00 am on May 3, 2016 By Reid Wilson

In 2015, L+M Development Partners and Nelson Management Group acquired the 19-story, 260-unit mixed-income residential building, called Lands End I, located at 257-275 South Street, on the Lower East Side, for an undisclosed amount. Now, renderings of the building’s planned renovation have been revealed by Curbed NY. The 236,065-square-foot building is expected to host 256 rental apartments after the renovation, which will include the construction of a roof deck, a fitness center, a community lounge, and a laundry. There will also be 24-hour doorman service, and amenities will be available to all of the building’s residents. Units will come in studio, one-, two-, and three-bedroom configurations. Half of the apartments, which are currently partially subsidized, will continue to rent at below-market rates. ORE Design + Technology is designing. Construction is expected to be complete in early 2017.

JDS Development Planning 77-Story, 600-Unit Mixed-Use Building at 235 Cherry Street, Lower East Side

6:30 am on April 29, 2016 By Reid Wilson

Since 2014, the property owners Two Bridges Neighborhood Council and Settlement Housing Fund have been in talks with an unknown developer over the 11,800-square-foot development site at 235-247 Cherry Street, on the southern edge of the Lower East Side. Now, it has been revealed that JDS Development Group is planning to build a 77-story, roughly 600-unit mixed-use building, The Lo-Down reports. The rental apartments should come in studio, one-, and two-bedroom configurations, with roughly 150 of the units permanently renting at below-market rates. There would also be 10,000 square feet of retail and a 4,600-square-foot senior community center in the tower. SHoP Architects will design the 900-foot-tall tower, which will be clad in terra-cotta and glass.

Reveal for Seven-Story, 45-Unit Mixed-Use Project Planned at 150 Rivington Street, Lower East Side

6:30 am on April 25, 2016 By Reid Wilson

Earlier this year, applications were filed to demolish the former Streit’s Matzo Factory to the ground floor. The developer wants to build a seven-story, 45-unit mixed-use building with 10,219 square feet of ground and cellar-level retail space from the remnants, at 148-154 Rivington Street, on the Lower East Side. Renderings of the project have now been revealed by the New York Times, which can also report that apartments will be condominiums with one- and two-bedroom configurations. The amount of retail space has also been increased to 13,000 square feet. Cogswell Lee Development (the development arm of Cogswell Realty) is the developer, and GLUCK+ is behind the design. Demolition of the factory is expected to commence in the coming weeks.

Construction Underway at 14-Story, 100-Unit Mixed-Use Building at 175 Delancey Street, Essex Crossing, Lower East Side

10:00 am on April 19, 2016 By Reid Wilson

In January, news broke that New York University’s Langone Medical Center signed a lease for 55,000 square feet on three floors of the planned 14-story, 100-unit mixed-use project at 175 Delancey Street – Site 6 of the Essex Crossing mega-development – located on the Lower East Side. Now, construction is ongoing on the ground-floor of the building, The Lo-Down reports. This portion of the development will measure 177,950 square feet and will feature 100 senior housing units. In addition to the medical center, the project’s four-story base will include 6,000 square feet of retail, a 13,000-square-foot senior center with a coffee shop, a 24,000-square-foot education facility, and a 4,000-square-foot outdoor garden. Dattner Architects is behind the design, and Delancy Street Associates (L+M Development Partners, Taconic Investment Partners, and BFC Partners) is developing. Completion is expected in 2017.

Seven-Story, 37-Unit Mixed-Use Project Tops Out at 50 Clinton Street, Lower East Side

3:00 pm on April 15, 2016 By Reid Wilson

Back in February, the seven-story, 37-unit mixed-use project under development at 50 Clinton Street, on the Lower East Side, was two stories above street level. Now, the structure is fully topped out, according to Bowery Boogie. It measures 43,002 square feet and will eventually feature 1,836 square feet of ground-floor retail. The condominium units – being designed by Paris Forino – should average 1,023 square feet apiece and will come in one-, two-, and three-bedroom configurations. As reported previously, amenities include bike storage space, private residential storage, a fitness center, and recreational space on the rooftop. DHA Capital is developing the project, while Issac & Stern Architects is behind the design. Completion can be expected before 2017.

Exterior Construction Wraps on Seven-Story, 22-Unit Residential Building at 164 Attorney Street, Lower East Side

2:00 pm on April 5, 2016 By Reid Wilson

It was back in October of 2014 when the seven-story, 22-unit residential building topped out at 164 Attorney Street, on the Lower East Side. Bowery Boogie now reports construction has since been completed on the exterior of the 28,424-square-foot project, which is cladded with grey bricks punctuated by windows. There will be 3,600 square feet of retail space on the ground floor, and the rental apartments above should average 825 square feet apiece. Amenities includes private storage space, storage for 11 bikes, a six-car parking garage, and a rooftop terrace. An anonymous LLC is the developer and Newman Design Group is the architect of record. Completion is expected later this year.

287 East Houston Street, rendering via Hogg Holdings

Revealed: Condos at 287 East Houston Street

8:00 am on April 5, 2016 By Rebecca Baird-Remba

Last July, developer Hogg Holdings filed plans for 11 stories of condos at 287 East Houston Street, between Suffolk and clinton Streets on the Lower East Side. Now, YIMBY has a new rendering of the facade.

Construction Wraps on Seven-Story, 37-Unit Residential Building at 155 Attorney Street, Lower East Side

6:00 am on March 30, 2016 By Reid Wilson

Back in August of 2014, renderings were revealed of, and excavation work was imminent for, the seven-story, 37-unit residential building under development at 155 Attorney Street, on the Lower East Side. Now, Bowery Boogie reports that the project has topped out and the windows have been installed. The rest of the façade appears to not yet have been installed, going by how the building looks in renderings. The 30,000-square-foot building will likely feature rental apartments, as its residential units should average 811 square feet apiece. There will be five “recreational rooms,” bicycle storage, and a storage room in the cellar. Midtown Equities is the developer. SRA Architecture + Engineering is the latest architect of record with Studio V Architecture having been replaced sometime during construction. Completion is likely later this year.

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Lower East Side

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