Construction on the Lower East Side’s first legitimate skyscraper continues apace. When YIMBY last looked at 252 South Street, i.e. One Manhattan Square, the superstructure had reached its 80th floor, with topping-out officially occurring last September. Now, only a dozen floors of cladding remain before its exterior is complete. Extell Development is responsible for development, with Lendlease responsible for construction.
Lower East Side
Construction at 196 Orchard Street on the Lower East Side of Manhattan has reached a new milestone, with the installation of the building’s glazed-brick façade nearing completion. The 11-story residential building stands above Houston Street, beside Katz Delicatessen. It reaches a height of 120 feet, thanks to the purchase of air rights from the deli.
Construction at 150 Rivington Street on Manhattan’s Lower East Side has moved along quickly. YIMBY last reported on the site’s progress in January, when the structure was just two stories high. Now, the building has topped-out, at seven stories. Cogswell Lee Development is responsible for the project, which replaces the former Streitz Matzo Factory.
Of all the developments currently under construction in New York City, none have been in the making for longer than Essex Crossing, which is rising on the site of several long-vacant lots on the Lower East Side. With the master-plan’s first new buildings just about fully complete, YIMBY sat down with Charles Bendit of Taconic, and asked the co-CEO ten questions about the New York City real estate market.
New renderings have been revealed for 208 Delancey Street, a 12-story residential tower coming to the Lower East Side. Back in July of 2015, YIMBY reported that construction had stalled out, and the owner at the time put the project on the market for $35.5 million. New Empire Real Estate is now going to be responsible for the development, and the change in management brought along a completely revamped design, by ODA Architecture, with Shiming Tam serving as architect of record.