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.
Lower East Side
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.
The New York Appellate Court ruled 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. One Manhattan Square, a similarly-scoped neighbor, was completed in early 2019, and stands alone as the rest of development came to a halt despite approvals from the City Planning Commission in 2016. Yesterday, the ruling found the buildings described in the applications did not conflict with applicable zoning requirements, with all four Judges siding against Manhattan Borough president Gale A. Brewer and the New York City Council, which challenged the approval in 2018, arguing that the new construction required special permits and had to go through the Uniform Land Use Review Procedure (ULURP) process.