Delancey Street Associates

New details and looks for Essex Crossing’s second condo building

Credit: VMI Studio

January 24, 2020

New details and looks for Essex Crossing’s second condo building

Sales will launch at Essex Crossing's second condo building this spring, developers announced. Dubbed One Essex Crossing, 202 Broome Street is the seventh of nine buildings currently under construction or completed at the Lower East Side site. A teaser website and new rendering were released this week for the 83-unit tower, as first reported by Curbed NY, as well as additional details about the impending sales launch.
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Essex Crossing’s second condo tower tops out on the Lower East Side

Photo credit: QuallsBenson

October 15, 2019

Essex Crossing’s second condo tower tops out on the Lower East Side

By Devin Gannon

The Essex Crossing mega-development hit another milestone this week, with its seventh building topping out at the Lower East Side site. The mixed-use tower at 202 Broome Street includes 83 luxury condominiums, 175,000 square feet of office space, and 34,500 square feet of retail space. Designed by CetraRuddy, the building joins 242 Broome as the nine-site development's second condo building.
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84 studios for low-income seniors up for grabs at new Essex Crossing building, from $331/month

Rendering courtesy of Beyer Blinder Belle

June 19, 2019

84 studios for low-income seniors up for grabs at new Essex Crossing building, from $331/month

By Devin Gannon

The city launched on Wednesday an affordable housing lottery for 84 affordable studios on the Lower East Side exclusively for low-income seniors. The building at 140 Essex Street sits as part of the nine-site Essex Crossing development and contains 92 units total. Qualifying senior households earning between zero and 60 percent of the area median income can apply for the apartments, which range from $331/month to $761/month.
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Affordable Housing

New renderings and construction shots of Essex Street Market ahead of fall opening at Essex Crossing

Interior image via SHoP Architects; construction shot via NYCEDC

May 15, 2018

New renderings and construction shots of Essex Street Market ahead of fall opening at Essex Crossing

By Devin Gannon

Construction of Essex Street Market's new home across Delancey Street continues to move along before its scheduled opening this fall. Designed by SHoP Architects, the market sits above the 150,000-square-foot Market Line, which will stretch two levels and connect three sites of the Essex Crossing development. The market's first phase is expected to wrap up in October, bringing 13 new vendors to the site in addition to the 24 vendors from the historic Essex Street Market. Additional renderings released by the city's Economic Development Corporation this week highlight the brightness of the space, courtesy of the huge windows, 60-foot ceilings and use of light-reflective material. "As we near completion on the project, we are excited to soon open a world-class public market for the local Lower East Side community,” NYCEDC President James Patchett said in a statement to 6sqft. “The new Essex Market will preserve the current community-based spirit while creating additional space to expand the market’s offerings, provide new jobs, and present a higher level of goods and services to visitors and area residents alike.”
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December 13, 2017

Essex Crossing rental gets new renderings and a new name to honor jazz legend Sonny Rollins

By Devin Gannon

Legendary jazz saxophonist and New York City native Sonny Rollins lived in an apartment on the Lower East Side home for many years during the late 1950s. Although the building he called home has long been demolished, the sprawling development rising on the same site, Essex Crossing, will pay tribute to the iconic artist by naming one of the buildings after him. The Rollins, a 15-story rental building at 145 Clinton Street, sits near the entrance of the Williamsburg Bridge, a spot where Rollins practiced every day for two years. As the New York Times reported, the Rollins, designed by Beyer Blinder Belle, will include 107 market-rate apartments, which start at $3,150 for a studio, $4,450 for a one-bedroom, $5,800 for a two-bedroom and $8,450 for a three-bedroom. Leasing will begin in January for these market-rate units.
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Real Estate Trends

More affordable senior housing units planned for Essex Crossing development

New rendering of 140 Essex Street courtesy of Beyer Blinder Belle

November 6, 2017

More affordable senior housing units planned for Essex Crossing development

By Devin Gannon

Thanks to a $34 million loan from Wells Fargo, Delancey Street Associates closed last week on financing the construction of a 100 percent affordable senior building at 140 Essex Street, site 8 of the 1.9 million-square-foot Essex Crossing development. Originally, the project called for an 80/20 condo building, but developers decided to add 61 more affordable units to the building, bringing the number of affordable rentals at the Lower East Side complex to 561 out of 1,078 total units. Designed by Beyer Blinder Belle, the building at 140 Essex will rise 8 stories and include 92 affordable homes for seniors earning between 0 and 60 percent of the area median income, as well as 9,600 square feet of retail on the ground floor. Construction will begin soon, with an expected opening date sometime in 2019.
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First renderings of Essex Crossing’s phase two reveal new buildings and huge public park

Rendering of Essex Crossing’s second phase, courtesy of Moso Studio via Curbed NY

September 28, 2017

First renderings of Essex Crossing’s phase two reveal new buildings and huge public park

By Devin Gannon

Construction continues to progress at Essex Crossing, the roughly 1.9 million-square-foot mixed-use development planned to stretch several blocks on Manhattan’s Lower East Side. The site, also known as the Seward Park Urban Renewal Area, sat abandoned since 1967 until the city sold the nine sites to developers in 2013. While construction of the first phase of the massive project, which includes sites one, two, five and six, is underway, Curbed has acquired renderings for the development’s second phase, sites three and four. The third and fourth sites will be designed by CetraRuddy and Handel Architects, respectively, and feature residential, retail, office and outdoor space.
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Architecture And Design

Target to open at Essex Crossing in the Lower East Side

Rendering of LES Target courtesy of Beyer Blinder Belle

May 1, 2017

Target to open at Essex Crossing in the Lower East Side

By Devin Gannon

New York City is experiencing a Target-takeover. The retailer has just signed a lease to open a 22,500 square-foot store in the Lower East Side at Essex Crossing, a 1.9 million-square-foot development stretching across several Manhattan blocks. As the Wall Street Journal reports, the new store will be located on the second floor of 145 Clinton Street, a 15-floor tower currently under construction. A Trader Joe’s supermarket will be on the lower level and apartments will be housed above.
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March 8, 2016

Beyer Blinder Belle Publishes Renderings of Essex Crossing’s Site 5

By Emrys Fitzgerald

The nine-site Essex Crossing plan underway on the Lower East Side will bring more than 1.9 million square feet of residential, commercial, and community space to the largest undeveloped swath of land in the borough south of 96th Street. The long-tweeked master plan is being developed by an alliance named Delancey Street Associates, which consists of BFC Partners, L+M Development Partners, and Taconic Investment Partners. The plan's site 5, located just a block southwest of the Manhattan entrance of the Williamsburg Bridge at 145 Clinton Street, will bring 211 apartments, 73,000 square feet of retail space, and a 15,000-square-foot park to the full-block parcel between Grand, Clinton, Broome and Suffolk streets. Beyer Blinder Belle Architects & Planners are the designers of the red-brick tower and recently published a set of renderings, first shown to the community in 2015, giving us a more detailed look at the $110 million, 15-story building.
More details and renderings ahead

Delancey Street Associates

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