Last summer, YIMBY brought you renderings of 215 Chrystie Street, a 28-story, 370-hotel-room mixed-use tower now under construction on the Lower East Side. According to Bowery Boogie, concrete and rebar are up to the second floor. Ian Schrager and Witkoff are developing, and Herzog & de Meuron is the design architect. Completion is scheduled for late 2016.
Lower East Side
Extell’s new tower coming to 250 South Street received an on-site rendering a few months ago, but now YIMBY has the first up-close look at the project, as well as a few interiors. The building will rise on the site of an old Pathmark, and while it was initially expected to be 68 stories tall, it was reduced to 56 floors on the latest DOB filings.
Since YIMBY revealed Magnum Real Estate Group’s plans for 196 Orchard Street back in February, Real Estate Equities has partnered with Magnum to develop the 10-story, 83-unit mixed-use building. The two developers will soon close on the assemblage for $108 million, reports The Real Deal. Demolition of the existing single-story buildings should follow.
While escalating prices are a bad thing, zoning limitations and historic districts are quickly turning the Lower East Side into one of the only parts of New York City where attractive and occasionally avant-garde architecture is legitimately feasible. YIMBY can now reveal the design for one of the neighborhood’s dwindling number of development sites, at 57 Orchard Street, where DXA Studio is designing a 15-story condominium tower.
Back in November, YIMBY posted about the first permits to be filed for a new 10-story residential development coming to 196 Orchard Street, on the Lower East Side. The site is located next to Katz…