A few low-slung buildings on the borderlands of Chinatown and the Lower East Side are going to meet the wrecking ball for an attractive new rental development. Building applications have been filed for 282 Grand Street, between Eldridge and Allen Streets on the Lower East Side, which is being designed by Peterson Rich Office.
Lower East Side
The Lower East Side‘s gradual densification continues apace, and new building applications have now been filed for 330 Grand Street, between Orchard and Ludlow Streets. The new structure will rise six floors and total 11,000 square feet of residential space, to be divided between twelve units. At over 900 square feet apiece, that means condominiums are possible here, though rentals could also result. Martin Kapell of Think Architecture + Design is the site’s architect, Daniel Wise of 330 Grand Street LLC is listed as the developer, and permits for demolishing the existing structures, which span 330-332 Grand Street, were filed this May.
As the Lower Lower East Side continues to see additional proposals for new supertall towers, the neighborhood’s first legitimate skyscraper is approaching its topping-out, per the latest from Tectonic. Extell’s tower at 252 South Street, aka One Manhattan Square, is about ten floors away from its uppermost 72nd floor, which will stand 850 feet above the streets down below.
Steel beams and the concrete core are now a couple stories above street level on the 25-story, 195-unit mixed-use project under development at 115 Delancey Street, located between Essex and Norfolk streets on the Lower East Side. Progress can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the new building will encompass 489,688 square feet and rise 315 feet to the top of its parapet.
As Mayor de Blasio’s initiatives to create affordable housing continue to fail, bright spots for advocates of a better and more inclusive New York City are few and far between. In the Two Bridges area of the Lower East Side, JDS, Extell, CIM, L+M, and the Starrett Group are planning five new towers with 700 affordable units. NIMBYs don’t care. Despite all that affordable housing, red herrings went flying at a community meeting last night, and the echo chamber of outrage reverberated all the way onto the internet.