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.”
242 broome street
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).