L+M Partners

Chinatown, Lower East Side

L to R: One Manhattan Square, 247 Cherry Street, 260 South Street, and 271-283 South Street. The image above, created by CityRealty, depicts the possible massing of the new towers; No official design has been released

When L+M Partners and CIM Group announced plans last May for two 50-story towers at 260 South Street, their project joined a growing list of controversial towers sprouting up along the Two Bridges waterfront, including Extell’s 823-foot condo One Manhattan Square, JDS and SHoP Architects’ possible 1,000+ foot rental at 247 Cherry Street, and Starret Group’s shorter rental at 275 South Street. Now, in what’s becoming a trend for the Lower East Side-meets-Chinatown ‘hood, L+M and CIM have revealed plans for their project that actually show increased heights of 69 and 62 stories, or 798 and 728 feet. As first reported by The Lo-Down, the developers plan to include up to 1,350 apartments, 338 of which will be reserved as affordable, senior housing, ground-floor retail, landscaped outdoor spaces by Mathews Nielsen, and an upgraded flood-protection system.

Renderings and more details ahead

Chinatown, Lower East Side, New Developments

L to R: One Manhattan Square, 247 Cherry Street, 260 South Street, and 271-283 South Street. The above image, created by CityRealty.com, depicts the possible massing of the new towers; No official design has been released 

The hotly contested Two Bridges neighborhood–the area along the East River, near the footings of the Manhattan and Brooklyn Bridges where the Lower East Side meets Chinatown–has been making headlines nearly every week, whether it be for a new supertall tower or local residents’ opposition to what they feel is out-of-scale development for the mostly low-rise and low-income neighborhood.

Just yesterday, The Lo-Down obtained information through a Freedom of Information Law (FOIL) request that reveals preliminary plans for two more residential projects that together “would add more than 2,100 residential units and 1.7 million square feet” to the area. A building at 271-283 South Street may rise 60 stories, while another at 260 South Street could reach 66 stories. To put into perspective just how much this planned and under-construction new development will alter the LES skyline, CityRealty.com has put together this Google Earth rendering of all the proposed towers.

Get all the details right here

Architecture, Chinatown, Lower East Side, New Developments

One Manhattan Square on the left, the JDS/SHoP Project in the center. The above image, created by CityRealty, depicts the possible massing of the new towers if built to 50 stories; No official design has been released

Just a few weeks ago 6sqft learned that the supertall super-team of JDS Development and SHoP Architects are planning a 900-foot, 77-story rental building at 247 Cherry Street, directly next to Extell’s 850-foot One Manhattan Square. These waterfront developments in the Two Bridges area caused quite a stir since the neighborhood has historically been mostly low-income and low-rise, but now two more supertalls may rise at the site. Bowery Boogie reports that L+M Partners are looking to erect two 50-story towers on the nearby lots at 265-275 Cherry Street. Together, the buildings would hold about 1,000 units.

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