Residential

247 Cherry Street and 252 South Street, image from JDS

NIMBY Lawsuits Fail Against Two Bridges Supertalls, On Manhattan’s Lower East Side

This week the New York State Court of Appeals shut down a lawsuit opposing the development of four new skyscrapers in Lower Manhattan’s Two Bridges neighborhood, as reported in The Broadsheet. This legal move upheld the August ruling by Appellate Division of the New York State Supreme Court in favor of a group of developers, including JDS Development Group, CIM Group, L+M Development Partners, and Starrett Corporation, to build four more towers along the Two Bridges waterfront on the Lower East Side. The site is bound by Cherry Street to the north, South Street to the south, mid-block between Pike Slip and Rutgers Street to the west, and mid-block between Clinton and Montgomery Streets to the east.

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Excavation Underway for Broome Street Development at 55 Suffolk and 64 Norfolk Streets on Manhattan’s Lower East Side

Excavation has begun at 55 Suffolk Street and 64 Norfolk Street, the site of Broome Street Development, a mixed-use complex on Manhattan’s Lower East Side. Designed by Dattner Architects and developed by Gotham Organization, the project encompasses two buildings spanning a combined 387,223 square feet that will yield 488 rental units, of which 43 percent will be dedicated to permanently affordable homes. Both buildings will rise by the intersection of Broome and Norfolk Streets.

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Construction Completes on The Artisan at 180 Broome Street in Essex Crossing, Lower East Side

Construction is complete on The Artisan, a 26-story residential building at 180 Broome Street on Manhattan’s Lower East Side. Designed by Handel Architects and developed by Delancey Street Associates, which is made up of BFC Partners, L+M Development PartnersTaconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the building contains 263 residences ranging from studios to three-bedroom apartments. The project is part of the 1.9-million-square-foot Essex Crossing master plan and is bound by Delancey Street to the north, Clinton Street to the east, Broome Street to the south, and Suffolk Street to the west.

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142-26 and 142-38 Roosevelt Avenue

Renderings Reveal Mixed-Use Residential Building at 142-26 and 142-38 Roosevelt Avenue in Flushing, Queens

Developer Eastone Equities is planning to develop an eight-story mixed-use residential building in Flushing, Queens. Located at 142-26 and 142-38 Roosevelt Avenue, the structure will hold 40,000 square feet of residential space, 33,000 square feet of commercial space, and two sub-grade levels of parking. This week Columbia Pacific Advisors Bridge Lending announced it has secured a $15 million loan to refinance the development.

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