Essex Crossing

January 30, 2018

Affordable senior housing development is the first building to open at Essex Crossing

Nine months after the housing lottery launched at Dattner Architects' 175 Delancey Street, a 100 percent affordable building for seniors at the Lower East Side's Essex Crossing, Mayor de Blasio has announced that the development is officially open. Not only does this mark the first opening for the nine buildings rising at the 1.9 million-square-foot mega-development, but the ceremony held earlier today included the "emotional homecoming of six New Yorkers displaced from their homes 50 years ago" when the area's working-class tenement district was razed under a Moses-era urban renewal initiative. Since that time, debates over what to do with the vacant area raged on, with local residents and affordable housing advocates such as Frances Goldin advocating that it be used for low-income housing. To mark these efforts, and their ultimate success, 175 Delancey Street was named the Frances Goldin Senior Apartments.
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Lottery opens for 98 units at site two of Lower East Side’s Essex Crossing, from $519/month

Rendering of 115 Delancey Street via Handel Architects

December 13, 2017

Lottery opens for 98 units at site two of Lower East Side’s Essex Crossing, from $519/month

By Devin Gannon

Applications are now being accepted for 98 mixed-income apartments located at 115 Delancey Street, known as site two of the sprawling nine-site Essex Crossing Development. The 26-story tower is the tallest building on the $1.9 billion complex and will host the Essex Street Market and a 14-screen Regal Cinemas Theater. Qualifying New Yorkers earning 40, 60, 120 and 165 percent of the area median income can apply for units ranging from a studio for $519/month to a three-bedroom for $3,424/month.
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Affordable Housing

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

Lottery opens for middle-income condos at Essex Crossing’s 242 Broome, from $224,861

242 Broome Street rendering via SHoP Architects

December 1, 2017

Lottery opens for middle-income condos at Essex Crossing’s 242 Broome, from $224,861

By Dana Schulz

A high-end condo in a SHoP Architects-designed building on the hip Lower East Side for just $224,000? Yep, you read that right, and this middle-income lottery is now live for mega-development Essex Crossing's 242 Broome. The only one of the development's 10 towers to offer condos, 242 Broome will have a total of 55 residential units, 11 of which are available to households earning no more than 125 percent of the area median income and range from $224,861 one-bedrooms to $331,703 three-bedrooms (quite the deal considering market-rate units are going from $1.3 to $7 million). In addition to amenities like a roof deck, gym, and entertainment lounge, the 14-story building will also include a five-story base with retail and commercial tenants including The International Center of Photography Museum and Splitsville Luxury Lanes Bowling Alley.
Find out if you qualify

Affordable Housing

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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April 17, 2017

Affordable housing lottery for seniors opens at Essex Crossing, from $396/month

By Dana Schulz

At the beginning of last month, the first affordable housing lottery opened for Essex Crossing at Beyer Blinder Belle's huge mixed-use building 145 Clinton Street, where 104 below-market rate units were up for grabs. As of today, the second lottery is open, this time at Dattner Architects' 175 Delancey Street, a 14-story, 100-unit building at the megadevelopment's site 6 that will also offer ground-floor retail, medical offices for NYU Langone, and a senior center and job training facility from the Grand Street Settlement. These 99 one-bedroom apartments are set aside for one- and two-person households that have at least one resident who is 55 years of age or older. They're also earmarked for those earning 0, 30, 40, 60, and 90 percent of the area median income and range from $396/month to $1,254/month.
Find out if you qualify

Affordable Housing

March 2, 2017

Lottery opens for first affordable units at Essex Crossing, from $519/month

By Dana Schulz

It's been almost exactly a year since Beyer Blinder Belle released renderings of Essex Crossing's site 5, a $110 million, 15-story mixed-use building that will give way to 73,000 square feet of retail space, where Trader Joes and Planet Fitness will move in, and a 15,000-square-foot adjacent park. Located just a block southwest of the Manhattan entrance of the Williamsburg Bridge at 145 Clinton Street, it will have 211 rental units, half of which will be reserved for low- and middle-income individuals. These 104 affordable apartments are now available through the city's online housing lottery, the first of the mega-development's 561 affordable residences to come online. They're set aside for those earning 40, 60, 120, and 165 percent of the area media income and range from $519/month studios to $3,424/month three-bedrooms.
Find out if you qualify

Affordable Housing

November 1, 2016

New renderings revealed for Essex Crossing’s 150,000 square-foot mega-market

By Michelle Cohen

The Essex Crossing megaproject is taking shape in the Lower East Side, most notably with the Market Line, the 150,000 square-foot retail area serving the project's buildings. Within will be the new home for the neighborhood's beloved 76-year-old Essex Street Market, upon which concept the modern retail destination was built. As 6sqft previously reported, the SHoP Architects-designed market will be among the largest in the nation. Principal Rohan Mehra of the project's retail development firm Prusik Group told Curbed that he compares the new market to Seattle’s Pike Place Market or Barcelona’s La Boqueria, “hubs of activity” all. The Market Line will stretch over 700 feet across three buildings, incorporating the new city-operated Essex Street Market and several new spaces.
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Sales launch with new renderings at 242 Broome Street, Essex Crossing’s first condos

By Dana Schulz

Only one of the 10 towers at Essex Crossing--the 1.65 million-square-foot, mixed-use, mega-development underway on the Lower East Side--will offer condos, and those looking to buy a residence there now have their chance. Curbed reports that sales have launched at 242 Broome Street, the SHoP-designed tower that will house 55 one- to three-bedroom condos, 11 of which will be affordable. As 6sqft previously shared, market-rate units will range from $1,275,000 to $7,000,000. Along with this news comes the first set of interior renderings from DXA Studio, whose designs "balance serenity with modernism."
More details and renderings ahead

July 19, 2016

Pricing Revealed for Essex Crossing’s SHoP-Designed Condo Tower

By Dana Schulz

Though Essex Crossing will bring 1.65 million square feet of residential, community, and commercial space to the Lower East Side, only one of the 10 sites will offer condos--242 Broome Street. Located at Site One, the SHoP Architects-designed tower is currently getting its foundation poured, and along with this groundbreaking comes a sales website with new details on the project, reports CityRealty.com. The 14-story building will have a five-story base to house retail and commercial tenants and a bowling alley from Splitsville Luxury Lanes. On the fifth floor will be a cultural space (the Andy Warhol Museum previously planned to open an outpost here) and rooftop sculpture garden. Above will be 55 one- to three-bedroom condos, 11 of which will be affordable. Tentative pricing for the market-rate units ranges from $1,275,000 to $7,000,000, according to the latest edition of Elliman Magazine (the brokerage will be handling sales).
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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

October 20, 2015

SHoP’s Essex Crossing Mega-Market Will Be One of Largest in the Nation

By Dana Schulz

The $1.1 billion Essex Crossing project will be a 1.65 million-square-foot, mixed-use mega-development anchored by 1,000 residential units and a mix of cultural, community, and retail facilities. Of course, a project of this magnitude is not without controversy, and perhaps the biggest debate was over the loss of the 75-year-old Essex Street Market. But new details have emerged on how the market will actually be expanded and transformed into one of the five biggest markets in the country, according to Curbed. Known as the Market Line, the bi-level space designed by SHoP Architects will cover 150,000 square feet and connect three sites along Broome Street. It will be a foodie/retail promenade with a floating garden, beer hall, galleries, tech incubators, and, according to renderings, an outpost of Smorgasburg.
More details ahead

July 31, 2015

REVEALED: What the Development Replacing the Essex Street Market Could Look Like

By Ondel Hylton

Here's our first look at what the site of the storied Essex Street Market could hold. Known simply as "Site 9" in the Essex Crossing mega-development, the 12-story mixed-use development would contain market-rate condominiums and two levels of commercial space at its base. The design of the market-replacing building was penned by GF55 Partners who hope the brick, metal, and glass structure will "co-exist with the area’s visual clutter and loudness of the Williamsburg Bridge traffic." In the sole image provided, a distinguished two-story base recalls the structural features of the nearby Williamsburg Bridge. According to their description, the commercial base is for a restaurant with various bars and dining areas.
More details ahead

January 28, 2015

It’s Time for the Slush Lagoons; Dating Advice from NYC Bartenders

By Dana Schulz

Did you buy ten loaves of bread and four gallons of milk at Trader Joes in anticipation of snopocalypse? You can donate your blizzard leftovers. [Blizzard Leftovers, via NYT] City snow is pretty for about one hour. Then it’s time for the slush lagoons. [Gothamist] NYC bartenders have heard it all. Now they spill on […]

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January 16, 2015

Last Low-Rise Buildings Along Delancey Street Will Likely Be Razed for Condos

By Diane Pham

It looks like the home of Get Set, Happy Wok, Taj Gold, and Sneaktip will soon be no more. Bowery Boogie reports that Ashkenazy Investments, the owner of the commercial stretch, has just listed their site at 156-164 Delancey Street for $7.5 million. Ashkenazy purchased the property two years ago simply leasing the units out, but as one would expect, they've just been waiting for the right moment to make a flip. With this week's reveal of the SHoP/Handel Architects/Beyer Blinder Belle/Dattner Architects-designed mega-development Essex Crossing just across the street, the timing couldn't be better.
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First Four Essex Crossing Buildings Revealed

Rendering via SHoP Architects

January 15, 2015

First Four Essex Crossing Buildings Revealed

By Dana Schulz

After 45 years of sitting vacant on the Lower East Side, the failed SPURA (Seward Park Urban Renewal Area) project site is being transformed to a $1.1 billion, 1.65 million-square-foot, mixed-use mega-development anchored by 1,000 residential units and a mix of cultural, community, and retail facilities. We've gotten snippets here and there on what the Essex Crossing project will look like–such as the Andy Warhol Museum and a 14-screen movie theater–but now Curbed has revealed renderings of the development's first four buildings. Construction on phase one of the project, which will occupy sites one, two, five and six (there are nine sites in total), is expected to commence this spring, and the notable architects who will spearhead the charge are SHoP, Handel Architects, Beyer Blinder Belle and Dattner Architects.
See what these architects have planned for Essex Crossing

Andy Warhol Museum Coming to the Controversial Essex Crossing Development on the Bowery

The Andy Warhol Museum via nooccar via photopin cc.

December 3, 2014

Andy Warhol Museum Coming to the Controversial Essex Crossing Development on the Bowery

By Dana Schulz

Since 1994, the 88,000-square-foot Andy Warhol Museum has been one of Pittsburgh's main attractions, the largest museum in the country dedicated to a single artist. And though Warhol was born in Pittsburgh, he spent most of his formative years in New York City, a fact that has sparked plans for a satellite museum on the Bowery. In Miami for Art Basel, museum director Eric Shiner told The Observer last night that the Lower East Side museum would be 10,000 square feet and part of the controversial Essex Crossing development. Its anticipated opening is 2017.
More details here

Events & Things To Do

October 1, 2014

Real Estate Wire: Durst Organization Acquires Astoria’s Hallets Point; 26-Story Tower May Come to Essex Crossing

By Dana Schulz

The Durst Organization has paid more than $100 million to acquire 90% of the Hallets Point residential-retail development along the Astoria waterfront. [Daily News] Landmarks OK’s residential addition for 121-year-old Upper West Side church. [Curbed] 26-story, mixed-use tower proposed for Victoria Theater site in Harlem. [Yimby] Handel Architects filed preliminary permits for a 26-story tower as part of […]

Real Estate Trends

June 30, 2014

Your Daily Link Fix: Shake Shack is Closing?!; History Tribute Fence Celebrates Diversity

By Aisha Carter

12-Year-Old Catches Another Great White Shark in the Rockaways: Okay… we’re sure by now you’ve figured out that one of our writers… (not saying who)… is a little obsessed with sharks. Either way, Brooklyn mag has pics of a kid catching another shark, and they’re 99.9% sure it’s a marketing ploy for the new Sharknado […]

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