Delancey Street Associates has unveiled a new addition to the Essex Crossing community named One Essex Crossing in Manhattan’s Lower East Side. Essex Crossing is a new condominium development that will be made up of nine sites across six acres once complete. One Essex Crossing will offer direct access to Essex Market and The Market Line retail and entertainment, and will be designed by CetraRuddy.
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Delancey Street Associates Launch Leasing At The Essex In Lower Manhattan's Essex Crossing
Delancey Street Associates (DSA), a joint venture of L+M Development Partners, BFC Partners, Taconic Investment Partners, the Prusik Group and the Goldman Sachs Urban Investment Group, have officially launched leasing for 98 units at The Essex. More than a quarter of the residences have already pre-leased due to high demand, and move-ins began in December.
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Get A First Look At This Newly Revealed, ASH NYC-Furnished Residence In Essex Crossing's 242 Broome
Essex Crossing's 242 Broome has revealed a first look at its units, revealing an ASH NYC-furnished 2-bedroom, 2.5 bathroom spread. The units covers 1,353 SF and is finished with luxe Schumacher wallcoverings.
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New Renderings Revealed Of The Bedford-Union Armory Redevelopment Project In Crown Heights
BFC Partners has revealed new renderings of their Bedford-Union Armory redevelopment project in Crown Heights. The developers plan to transform the space with 400 rentals and recreational space.
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Closings Are Now Underway At Essex Crossings First Condominium, The Recently Completed 242 Broome
242 Broome, the first condominium within the highly-anticipated Essex Crossing development on Manhattan’s Lower East Side, has officially commenced closings and is now open to residents. The 14-story project topped out in April and is over 65% sold. 242 Broome was developed by Delancey Street Associates and was designed by SHoP Architects with interiors by DXA Studio.
Read MoreEssex Crossing's 242 Broome Now 50% Sold Following Announcement of Museum
Following the announcement that it will be the new home of the International Center of Photography (ICP), 242 Broome, the first condominium within Essex Crossing on the Lower East Side, has released that the project is now 50% sold, according to developer Delancey Street Associates.
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Drama Beginning to Stir-Up at the Bedford-Union Armory Redevelopment Project
Drama is beginning to stir-up Bedford-Union Armory redevelopment in crown heights. Eric Adams, the Brooklyn Borough President, has made his views public that the redevelopment should not feature condos as the developers, BFC Partners, works to rezone the land under review of the Uniform Land Use Review Procedure. Crown Heights residents argue that as the proposed project is on city owned land, the entire project should be affordable housing. The proposal by BFC Partners features 2 residential building, one mixed-income rentals and the other condos. 50% of the rentals will be affordable housing as will 20% of the condos. Community amenities will include a community center, pool, gym and sports courts. Adams proposed increasing the number of affordable units as well as high-income targeted units which would help offset the operating cost of the property. He also proposed that 20% of the affordable units be available for the homeless. The City Planning Commission will review this fall (2017).