Construction has reached the 15th floor on the 80-story, 815-unit mixed-use tower under development at 252 South Street, in the Two Bridges section of the Lower East Side. The latest construction progress can be seen thanks to photos taken by Tectonic and posted to the YIMBY Forums. The most recent building permits indicate the tower, dubbed One Manhattan Square, will eventually rise 823 feet to its pinnacle and encompass 1,261,612 square feet. The ground floor will contain 23,167 square feet of retail space. The residential units, condominiums, will begin on the fifth floor. The apartments will come in one- to three-bedroom configurations and should average 1,364 square feet apiece. A separate 13-story, 205-unit component will contain exclusively affordable rental units. Extell Development Company is the developer and Adamson Associates Architects is behind the design. Completion is expected in 2019.
One Manhattan Square
Extell’s planned 72-story tower at 250 South Street is only a few dozen feet tall so far, but the luxury residential project has inspired anti-gentrification protests and reportedly created cracks in neighboring buildings. So, the developer hopes to appease annoyed neighbors by installing murals around the block-long construction site on the Lower East Side waterfront.
In October, complete renderings were revealed of Extell Development’s 80-story, 815-unit condominium tower at 252 South Street, in the Two Bridges section of the Lower East Side. At the time, foundation work was the main focus, but now the core of the tower is beginning to rise and is above street level, Bowery Boogie reports. The project is dubbed One Manhattan Square and being designed by Adam Associates. It will include 90,000 square feet of amenity space in total and a separate 13-story, 205-unit affordable residential building. There will also be roughly 20,000 square feet of retail space. Completion is expected in 2019.
Extell was the city’s first developer to put up a residential building of 1,000 feet or greater, and while the construction of One57 was fraught with complications, practice will hopefully make perfect. Despite initial difficulties and buckling streets, the latest photos from Tectonic show One Manhattan Square is now making major headway, at 250 South Street.