Residential

One Essex Crossing Nears Completion on Manhattan’s Lower East Side

Construction is nearing completion on One Essex Crossing, a 14-story full-block development at 202 Broome Street on Manhattan’s Lower East Side. Designed by CetraRuddy for Delancey Street Associates, which is comprised of BFC Partners, L+M Development PartnersTaconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the mixed-use project will add a mix of residential and office space to the nine-building Essex Crossing master plan. 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.

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2570-2576 Young Avenue in Pelham Gardens, The Bronx via Google Maps

Permits Filed for 2570-2576 Young Avenue in Pelham Gardens, The Bronx

Permits have been filed for four three-story residential buildings at 2570-2576 Young Avenue in Pelham Gardens, The Bronx. Located between Allerton Avenue and Mace Avenue, the adjacent lots are within walking distance of the Pelham Parkway subway station, serviced by the 5 train. Saman Rabbanifar under the Young Avenue Development LLC is listed as the owner behind the applications.

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247 Cherry Street and 252 South Street, image from JDS

NIMBY Lawsuits Fail Against Two Bridges Supertalls, On Manhattan’s Lower East Side

This week the New York State Court of Appeals shut down a lawsuit opposing the development of four new skyscrapers in Lower Manhattan’s Two Bridges neighborhood, as reported in The Broadsheet. This legal move upheld the August ruling by Appellate Division of the New York State Supreme Court 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. The site is bound by Cherry Street to the north, South Street to the south, mid-block between Pike Slip and Rutgers Street to the west, and mid-block between Clinton and Montgomery Streets to the east.

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