Affordable housing

242 Broome Street

Foundation Work Underway for Essex Crossing’s 14-Story, 55-Unit Mixed-Use Building at 242 Broome Street, Lower East Side

Foundation work is now underway for the 14-story, 55-unit mixed-use building under development at 242 Broome Street (a.k.a. Site 1), located on the corner of Ludlow Street on the Lower East Side. The construction progress can be seen thanks to photos posted to the YIMBY Forums by user rbrome. The latest building permits indicate the new building will encompass 180,646 square feet. There will be 40,326 square feet of commercial-retail space across portions of the cellar through third floors. A bowling ally operated by Splitsville Luxury Lanes is expected to lease a significant amount of space. In addition, there will be 17,735 square feet of community facility space on the second through fourth floors. The space was once reserved for the Andy Warhol Museum, but plans for it have fallen through.

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1017 Home Street, image via Google Maps

Senior Housing Set to Replace Abandoned South Bronx Church at 1017 Home Street

On a cold January day in 2009, a pipe burst and flooded the boiler of the Home Street Presbyterian Church, in the Foxhurst section of the Bronx. A small electrical fire destroyed the boiler for good, and the company that insured the church failed during the Great Recession. Facing a winter without heat and lacking the funds to repair the boiler, the congregation scattered to other churches in the South Bronx, and the little chapel on Home Street was abandoned. Now, the 1910 structure will be demolished to make way for affordable senior housing.

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271-283 South Street

Developer Proposes 60-Story, 741-Unit Mixed-Income Residential Tower at 271-283 South Street, Lower East Side

On the heels of news of a 66-story, 718-foot-tall building planned at 260 South Street, there is more high-rise news from the Lower East Side. It has been revealed that, in the spring, the Starrett Corporation filed pre-applications with the Department of City Planning for a 60-story, 741-unit residential tower at 271-283 South Street, located on the corner of Clinton Street. The preliminary plans, which the developer states are in the exploratory stage, indicate the building would measure 620,000 square feet, the Lo-Down reported. Since the project is also expected to benefit from the city’s Mandatory Inclusionary Housing (MIH) program, at least 20 percent of the units will be designated as affordable housing. Air rights first have to be transferred to the site from around the block. The 20,177-square-foot property is currently vacant. The East Broadway stop on the F train is located four blocks away.

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