Earlier this month, the City Planning Commission approved proposals for four new skyscrapers coming to the Two Bridges section of the Lower East Side. The tallest of the bunch will be 247 Cherry Street, adjacent to the site of Extell’s One Manhattan Square. The upcoming 1,008-foot-tall residential skyscraper will be designed by SHoP Architects and developed by JDS Development, and is the 11th tallest tower underway in the Five Boroughs. This supertall is the only project on YIMBY’s end-of-year list where site work has not yet begun, although with City Planning approval now secured, that is hopefully a matter of imminency.
Two Bridges Associates
An update is out for 259 Clinton Street, one of the skyscrapers planned to rise by One Manhattan Square. A Draft Environmental Impact Statement (DEIS) has been published, revealing fresh details of the three proposed Lower East Side towers that include 247 Cherry Street and 260 South Street, and a new rendering for 259 Clinton Street.
Renderings have been revealed of the two-towered, 1,350-unit mixed-use project planned at 260 South Street, on the Lower East Side. As currently proposed, the towers would stand 69 and 62 stories in height, rising 798 feet and 728 feet to their roofs, respectively. Twenty-five percent of the units would rent at below-market rates through the affordable housing lottery, the Lo-Down reported, and some senior housing will also be incorporated. Plans are still in place to expand the ground-floor retail footprint of the existing 26-story Section 8 residential buildings, called Lands End II, at 265 Cherry Street and 275 Cherry Street, which contain a total of 491 apartments. Renovations will be made to existing park spaces.
Two Bridges Associates (a partnership between L+M Development Partners and the CIM Group) filed pre-applications earlier this year with the Department of City Planning for a 66-story, 1,400-unit residential tower at 260 South Street, on the Lower East Side. The building, which is in the early stages of development, will encompass 1.1-million square feet and stand 718 feet in height, the Lo-Down reported. Twenty-five percent of the project’s residential units, or 350 apartments, will be designated as affordable housing. The structure would be built on an existing parking lot along South Street. An underground parking garage would be built to retain the spaces. In addition to a new tower, the project includes expanding the retail footprint on the ground floors of 265 Cherry Street and 275 Cherry Street, two existing 26-story residential towers (called Lands End II) with 491 apartments located on the northern end of the property. Rutgers Park, located on the western end, is also expected to see a renovation. It’s unclear whether the project requires approval via the city’s Uniform Land Use Review Procedure (ULURP).