Living in any of One Manhattan Square‘s 815 units is a pretty extravagant opportunity; the 800-foot Two Bridges tower will boast more than 100,000 square feet of over-the-top indoor and outdoor amenities, ranging from a tree house with fire pits and stargazing observatory to a 70-seat movie theater and bowling alley. But those 25 condos on the upper floors will be afforded an even more luxurious lifestyle, with “limitless bird’s eyes vistas” of the skyline, Brooklyn, New York harbor, and the East and Hudson Rivers. According to a press release from developer Extell announcing this Skyscape Collection, the deluxe residences are mainly three-bedroom homes, along with the building’s five five-bedroom penthouses, two of which are duplexes (one of these already sold for $13 million).
One Manhattan Square
Adding to its unique character, Extell’s One Manhattan Square will soon be home to NYC’s largest outdoor private garden, detailed in a new video released today by the developer. The proposal, designed by urban planning and landscape architecture firm West 8, includes more than an acre of garden space for residents to both work and socialize, boasting indoor and outdoor grilling spaces, ping-pong tables, a putting green, children’s playground, adult tree house, tea pavilion, and an observatory made for stargazing.
Despite the rapid influx of new development that’s popping up in the controversial Two Bridges area, the Chinatown-meets-Lower East Side neighborhood’s first project, One Manhattan Square, still reigns as the tallest. In fact, when it reaches its full 823-foot height, Extell’s 80-story condo at 252 South Street will have the highest rooftop between downtown and Midtown Manhattan. Now that sales have commenced, CityRealty paid the construction site a visit, noticing that the double-slab tower is already more than 30 stories tall and has begun to receive its reflective glass skin.
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.
555Ten, an Extell building that would be affected by the 421-a changes
As 6sqft reported last week, Governor Cuomo, developers, and unions have been engaging in closed-door talks to bring forth his revision of the city’s 421-a program that includes wage subsidies and an extension of the previous 25-year tax break up to 45 years. Glaringly (but not surprisingly) absent from the negotiations is Mayor de Blasio, but he’s now taking matters into his own hands, at least when it comes to those under-construction buildings that got in to the program before it expired in January. According to the Times, the de Blasio administration introduced a new policy that says these projects must include housing for some of the 60,000 New Yorkers currently living in homeless shelters, but developers, particularly Extell’s Gary Barnett, are not happy about the changes.
Despite community opposition against the surge of new development in the Two Bridges neighborhood, things are moving full steam ahead in the Chinatown-meets-Lower East Side area. Curbed reports that the project that started it all, One Manhattan Square, has officially launched sales for the first batch of its 815 condos, and they range from a $1.18 million one-bedroom to a $4.4 million three-bedroom. It’s prices like these, as well as the 823-foot height, that have angered residents of the mostly low-rise and low-income neighborhood, but nevertheless, the huge luxury building at with an insane amenity package is well on its way to opening its doors.
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.
Two Bridges, the area on the border of the Lower East Side and Chinatown, is seeing a wave of new, sky-high development, including a 900-foot tower from supertall team JDS and SHoP Architects and perhaps two 50-story buildings from L+M Partners. But the controversial surge in construction started with One Manhattan Square, an 823-foot tower from Extell. In anticipation of the 80-story condo building hitting the market this September, the developer has released a flashy new video that shows the sparkling Adamson Associates Architects-designed exterior, as well as the sweeping views from the upper floors. But as Curbed, who first spotted the video, notes, it ignores its potential supertall neighbors to make a point of just how much much it towers over its surroundings.
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.
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.”