For many New Yorkers, the Lower East Side is one neighborhood that still has a lot of authenticity and good ‘ole New York grit left. It has been described as Manhattan’s “last frontier of cool. The promise land of old as well as new… Where the Godfather lives side by side with a hipster movie.” Put more tangibly by Benjamin Baccash of Taconic Investment Partners, the developer of LES’s Essex Crossing, “The Lower East Side has wonderful restaurants, art galleries, and a great street life. It’s a real neighborhood and that’s what a lot of people are looking for.”
In addition to great diversity, personality, and transportation, the city is undertaking huge improvements on the east river waterfront, and developers are erecting new developments at all corners of the ‘hood. Ahead, 6sqft takes a look at everything that’s keeping the Lower East Side a vestige of old New York during its contemporary resurgence, from massive projects like Essex Crossing to a booming art gallery scene.
As Irving Berlin once said, “Everybody ought to have a Lower East Side in their life.”
Rendering of The Kent via Beyer Blinder Belle; Photo via CityRealty
Applications are now being accepted for 21 brand new, affordable condominiums at Extell Development’s Upper East Side tower, The Kent. Designed by Beyer Blinder Belle, the 30-story building, located at 200 East 95th Street, has a facade covered in red brick with accents of dark metal. Qualifying New Yorkers earning between $79,333 and $119,250 annually can apply for the studio, one- and two-bedroom condo units, which range in price from $356,700 to $427,000.
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Rendering courtesy of Williams New York
Extell on Thursday officially launched sales at Brooklyn Point, the developer’s first skyscraper in the borough. According to the building’s site, units available include studios, one-, two- and three-bedroom condos, ranging from $837,000 to $3,413,000 in price. Residents at the 720-foot tower, located at 138 Willoughby Street in Downtown Brooklyn, will enjoy a plethora of amenities including a wine room, a stroller valet, well-equipped fitness center and, of course, the highest rooftop pool in the Western Hempishere.
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Ambitiously dubbed EVGB–for “East Village’s Greatest Building”–Extell Development’s new rental building at 510 East 14th Street between Avenues A and B just hit the rental market. In addition to amenities like a fitness center, saltwater pool and rooftop deck, the new building is perhaps best known for its also-new retail anchor tenant, a two-level Target store, the chain’s first location in the neighborhood. The building’s 110 market-rate and 50 affordable–the lottery for those launched recently–units are expected to be ready for occupancy by April. According to the building’s just-launched website, available apartments range from studios for $3,695 a month to a three-bedroom unit for $12,425.
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Image courtesy of Extell/One57
Founder and CEO of Dell Technologies, Michael Dell, was revealed as the buyer of the sprawling penthouse at One57 for $100.47 million, the most expensive home ever sold in New York City. According to the Wall Street Journal, Dell first entered a contract to buy the unit in 2012 when the Billionaires’ Row building, located at 157 West 57th Street, was still under construction. He closed the transaction through a limited liability company in 2014.
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Rendering via Extell Development
An Extell Development rental building in the East Village is now accepting applications for 50 newly constructed, middle-income units. Not only does the chic building at 524 East 14th Street boast amenities like a fitness center, pool and rooftop deck, it will also have a two-level Target, the chain’s first location in the neighborhood. Qualifying New Yorkers earning 70 and 130 percent of the area median income can apply for units ranging from $1,114/studios to $2,733/month two-bedrooms.
Find out if you quality
Brooklyn Point renderings via Williams New York
It’s no surprise that the supertall savants at Extell–who are currently constructing the 1,550-foot Central Park Tower as the world’s tallest residential building–used their first foray into Brooklyn to smash yet another sky-high record. The Post reports that the developer’s City Point tower, dubbed Brooklyn Point, will boast the highest rooftop pool in the entire city. Sitting at the top of the 720-foot luxury condo at 138 Willoughby Street, it will be a 27-foot-long saltwater infinity pool, complete with a full lounge area, a stargazing observatory, and space for outdoor movie screenings.
More details and views ahead
Despite some initial construction hiccups, plans for the 668-foot residential tower at 200 Amsterdam Avenue continue to move forward. According to YIMBY, the tower’s developers, SJP Properties and Mitsui Fudosan, have unveiled new renderings of the Upper West Side building, including an up-close shot of its crown. Designed by Elkus Manfredi, the exteriors feature an aluminum curtainwall and metal panels. New York firm CetraRuddy will take on the interiors of the 112-unit condominium building.
More this way
In October, Extell Development released a website with details about their luxury high-rise planned for Downtown Brooklyn. Two months later, they’ve released additional renderings of 138 Willougby, their first outer-borough tower. As YIMBY learned, the 720-foot skyscraper called Brooklyn Point, temporarily the tallest in Brooklyn, will have 458 condominiums designed by Katherine Newman that focus on blending “Brooklyn industrial chic” with a “refined mid-century aesthetic.”
Get a first look inside
The votes have been tallied, and so it’s time to name the 2017 Building of the Year! The winning title belongs to no other than One Manhattan Square, the Lower East Side meets Chinatown skyscraper that will be home to NYC’s largest outdoor private garden when it opens next year. The 800-foot-tall tower beat out 11 other significant NYC buildings in a competitive two-week competition held by 6sqft. Out of 3,782 votes cast, the Extell-developed, Adamson Associates-designed structure took first place with 959 votes or 25.35% of the total.
More on this year’s winner!