250 South Street

Featured Story

Features, Lower East Side, real estate trends

Images via Extell and Google Maps

The construction of Extell’s high-rise condo development at the foot of the Manhattan Bridge is now well underway. When complete, 250 South Street (formerly 227 Cherry Street) will rise more than 80 stories above the East River and be home to just under 800 units, but that’s not all. As the Extell building goes up, the surrounding area is also attracting growing attention from other developers. In July, JDS Development announced plans for a rental development just next door at 247 South Street. Given the scope of the Extell development and its neighboring rental development on South Street, thousands of new residents are expected to arrive in the Cherry Street neighborhood between now and 2020. Of course, there are many neighbors who arrived first.

READ MORE AT CITYREALTY…

Architecture, Chinatown, condos, Construction Update, Lower East Side, New Developments

New York Skyscrapers, Extell Development, NYC Condos, Chinatown apartments

Still in disbelief that a 68-story building (though it’s being marketed as 80 stories) could rise at the edge of Chinatown? Well behold One Manhattan Square‘s construction site, buzzing with activity and flagged by a stalwart kangaroo crane foreshadowing the 850-foot-tall tower to come. Unlike the Chinese investment market, Extell’s skyscraper is heading in one direction — up. And after more than a year of site preparation and foundation work, the first pieces of re-bar have emerged from their mucky surrounds and are peaking above the lot’s blue construction fences.

Get a look

condos, Lower East Side, New Developments

250 south street, extell, lower east side tower

Extell hasn’t been making many friends with its new tower currently on the rise at 250 South Street, right next to the Manhattan Bridge. But even with hordes of locals cursing the mega-sized 80-story tower, Extell seems unfazed by the hate. Not only have they been unwavering about the development’s 850-foot out-of-context height (the Manhattan Bridge is only 330 feet tall, mind you), the developer also has little interest in selling any units to anyone stateside, instead marketing their condos first to Asian buyers.

Now, The Lo-Down has gotten their hands on the brochure that’s being sent to Asia’s wealthiest, an 88-pager revealing fancy apartment interiors and all of the “over-the-top” amenities that will fill the building, including things like a 70-seat movie theater, a tree house, a tea pavilion, a putting green, a sunken tranquility garden, a bowling alley, 75-foot indoor pool, a dog spa, a cellar bar…As written in the packet: “One Manhattan Square will redefine downtown luxury living.”

Images inside the the tower here

Architecture, Chinatown, condos, Lower East Side, New Developments, Rentals

Extell Development, Gary Barnett, One Manhattan Square, Two Bridges, Manhattan Bridge, Manhattan skyline

Bloomberg News reported yesterday that the restless developer Gary Barnett will soon begin marketing the 800 condominiums of his upcoming One Manhattan Square development to Asian buyers first. Apparently not satisfied with erecting two of the tallest and priciest residential buildings in the city, One57 and the Central Park Tower, the Extell Development Company founder and CEO is busy laying the groundwork for one of the largest condominium towers in the city at the foot of the Manhattan Bridge.

Going by the address 252 South Street, the bipartite tower is being designed by Adamson Associates Architects (AAI) and will soar 80 stories tall, roughly to the same height as the Comcast Building (former GE/RCA Building) in Midtown. At nearly 850 feet, the tower will be the tallest skyscraper on the island between Midtown and downtown, and by far the tallest building directly along the waterfront. Its staggering 800 units will fall just short of the city’s largest individual condo-tower, the 816-unit Corinthian in Murray Hill.

More details on the development

Lower East Side, New Developments, Polls

Extell’s 800-foot tower at 250 South Street has been controversial since day one. As we recounted on Friday, “The building was first reported to be 68 stories, then 71 stories, then 56 stories, and now the latest filing with the Department of Buildings has a revised height pinned again at 68 stories, or 800 feet at its highest floor. To put that in perspective, the neighboring Manhattan Bridge is only 330 feet tall, and just 170 feet at its roadway—meaning the building will be nearly five times the height of the bridge’s road deck.” And of course, there was the recent issue of the building’s construction causing a nearby street to sink. While many local residents feel this is far too out of context for the Lower East Side neighborhood, others are swooning over the development’s panoramic views and over-the-top amenities. Which side are you on?

Images: Aerial rendering based on zoning diagrams, via CityRealty (L); Entrance to the building via Extell (R)

Construction Update, Lower East Side, New Developments

250 south street lower east side

After being slapped with a partial stop-work order about three weeks ago for causing a local street to sink, Extell’s Lower East Side mega-development at 250 South Street appears to be back on track. A recent visit to the site shows that piles for the building are again being driven into the bedrock. However, it appears excavation will continue to be an arduous journey since most of the parcel sits on landfill and is only a few feet above street level.

Since its reveal last year, the tower has been met with intense public outrage due to its unprecedented height for the mid-rise neighborhood. The building was first reported to be 68 stories, then 71 stories, then 56 stories, and now the latest filing with the Department of Buildings has a revised height pinned again at 68 stories, or 800 feet at its highest floor. To put that in perspective, the neighboring Manhattan Bridge is only 330 feet tall, and just 170 feet at its roadway—meaning the building will be nearly five times the height of the bridge’s road deck.

FInd out more here

Lower East Side, New Developments

Extell, Extell lower east side, 250 South Street ,

Here’s your first look at Extell’s new tower popping up just north of the Manhattan Bridge along the East River waterfront. Spotted by Bowery Boogie on the construction sign at the 250 South Street site, the somewhat vague rendering is short on design details but manages to show a behemoth ready to dominate the area.

Read more

Architecture, Chinatown, Construction Update, Lower East Side, New Developments, Rentals

Extell Development, Two Bridges, Chinatown, Lower Manhattan, Adamson Associates, Lend Lease, Manhattan Skyscrapers

Groundwork continues on Extell Development’s 847-foot-tall mega-rental complex at the foot of the Manhattan Bridge. Rumored to be called One Manhattan Square, the project at 250 South Street will bring a staggering 790 luxury rentals and 205 affordable units to a remote section of the Two Bridges/Chinatown neighborhood. The project rises on the former site of a cherished one-story Pathmark supermarket and its sprawling parking lot.

While details of the design remain scarce, public documents reveal a two-towered development of 68 and 23 stories to rise atop a three-story podium that will contain 30,000 square feet of retail. Blogger Bowery Boogie uncovered the residential amenity package, which will include two swimming pools, a health club, basketball court, squash court, bowling alley, golf simulator, and 137 on-site parking spaces.

More details on One Manhattan Square

Architecture, Downtown Brooklyn, Major Developments, Manhattan, Starchitecture

New York supertalls, nyc towers, manhattan real estate, midtown condo, new york skyline

It seems like every week a new residential skyscraper is being announced in New York City, just earlier this week the New York Times noted that a partnership between Steven Witkoff and Harry Macklowe is moving ahead with a redevelopment of the Park Lane Hotel at 36 Central Park West with an 850-foot tower.

With the mind-boggling amount of residential spires poised to pierce the sky, here’s a quick rundown of the tallest of the tall–the spindly bunch set to soar higher than 700 feet. Keep in mind that just 30 years ago, the tallest residence in the city was perched atop the 664-foot Trump Tower. Today, buildings are on the drawing board for more than twice that height.

See our list of the 26 tallest towers

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.
Archtober2020