Essex Crossing

115 Delancey Street, Manhattan, NY 10002

Number of Units:

1,070

Property Size:

1,900,000 SF

Completion Year:

2024

Architect(s):

Dattner, SHoP, Handel, and Beyer Blinder Belle

Essex Crossing heralds a new beginning for the Seward Park Urban Renewal Area and represents a true partnership between public and private interests. L+M, BFC Development Partners and Taconic Investment Partners along with Grand St. Settlement were awarded the sites after a competitive RFP process in 2013. Construction is currently underway on four of the nine parcels and over 1 million square feet is in development. The entire project is projected to be over 1.65 million square feet with the last parcel expected to commence construction by the winter 2021.

The project, which is located at the intersection of Delancey Street and Essex Street on the Lower East Side of Manhattan, will include 1,079 units of residential rental and for-sale housing, of which over 50% will be permanently affordable to a wide range of incomes, including over 192 units set aside for seniors. Essex Crossing will also include a preference for residents that were displaced from the development over 50 years ago. When complete, the $1.5 billion project will include over 700,000 square feet of commercial space, 400,000 square feet of office space, 60,000 square feet of community and cultural facility space, 100,000 square feet of exterior and interior green space including a new public park.

Key commercial users will include NYU Langone Ambulatory Care Center, Trader Joes, Target, Splitsvile Bowling, Regal Cinemas, a new and expanded Essex Street Market and the Marketline.   The Marketline (marketline.nyc) will be one of the largest markets in the world. Designed with soaring ceilings and elevated gardens, the Market Line will be home to more than 100 micro-retail vendors celebrating the rich diversity and unique energy of New York City. When complete, the Marketline will anchor Essex Crossing and span three city blocks connecting three sites.

Key community facility uses will include a new senior center run by Grand Street Settlement, a social enterprise café (Grand Lo Cafe) that provides job training centered around coffee, and an educational facility. In addition, Essex Crossing will be home to a new museum.

Award

Essex Crossing and Faubourg Lafitte win 2014 Affordable Green Neighborhood Grant

Essex Crossing and Faubourg Lafitte win the US Green Building Council (USGBC) and Bank of America Charitable Foundation's 2014 Affordable Green Neighborhood grant.


News

Newark to vote on big push to avoid gentrification with affordable housing

In Newark, some recent high-profile projects like Hahne’s located in the city's popular downtown section, have included affordable units voluntarily.

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Essex Crossing's first affordable housing lottery nets over 93,000 applicants

Since March 2, 2017, New York City officials have received over 93,000 applications for affordable apartments at 145 Clinton Street.

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Essex Crossing, a Renewal Project 60 Years in the Making

Phase one of construction at Essex Crossing will be completed this fall.

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Essex Street Market to Open in 2018

NY1 goes onsite at Essex Market, currently under construction, on the Lower East Side.

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This is Essex Crossing.

The 1.9 million square-feet urban renewal development will transform the Lower East Side.

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Essex Crossing's first affordable apartments for low-income seniors now up for grabs

The affordable housing lottery for 175 Delancey Street, also known as Site 6, is officially open.

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NMTCs, LIHTCs Bring Affordable Housing and Community Services to NYC’s Lower East Side

How low-income tax credits turned a vision to revitalize the Lower East Side into a reality.

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Essex Crossing’s 242 Broome Street gives shape to a new Lower East Side enclave

242 Broome Street is now just a day away from topping out.

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NYU Langone's $32.9M Lower East Side outpatient center is closer to reality

NYU Langone Medical Center is bringing more health care services to the Lower East Side with new outpatient center planned for Essex Crossing.

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Essex Crossing’s first affordable housing lottery has launched

The development's 100 affordable rentals begin at $519/month.

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Essex Crossing will now come with more affordable housing

As Essex Crossing moves into the second phase of development, L+M Development and partners have adjusted the plan which will increase both the affordable and market-rate units at the project.

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25-Story, 195-Unit Mixed-Use Building Rises Above Street Level At 115 Delancey Street, Essex Crossing, Lower East Side

Progress can be seen thanks to photos posted to the YIMBY Forums.

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Trying to Undo a Lower East Side Diaspora

Redevelopment of the Seward Park Urban Renewal Area lagged for decades, and the site is finally being rebuilt.

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The Market Line at Essex Crossing

The reimagined Essex Street Market will span three city blocks, house 150 local food vendors and new food hall, the Market Line.

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Grand Street Settlement Celebrates Centennial With Gala at Capitale

Grand Street Settlement celebrated its 100th anniversary.

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Developers pleased with Essex Crossing reception

Eastern Consolidated presents a keynote panel with the developers of Essex Crossing.

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Essex Crossing’s enormous, ‘world-class’ marketplace gets new renderings

One of the biggest elements of Essex Crossing is the Market Line, a 150,000-square-foot retail destination that will anchor several of the megaproject’s buildings.

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Redefining the Lower East Side

At the corner of Broome and Ludlow Streets condominium sales began for the 14-story anodized aluminum and glass tower that will open in 2018.

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Breaking: Trader Joe’s is Coming to Essex Crossing

Trader Joe’s is taking a corner space at 145 Clinton Street.

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New Renderings For Condos At 242 Broome Street, 14-Story, 55-Unit Mixed-Use Project, Lower East Side

Exclusive interior renderings of the 14-story, 55-unit mixed-use project under development at 242 Broome Street.

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Permits Filed For 25-Story Building At 180 Broome Street In Essex Crossing

Another piece of the puzzle has fallen into place for Lower East Side megaproject Essex Crossing.

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Foundation Work Complete For Essex Crossing’s 25-Story, 195-Unit Mixed-Use Tower, 115 Delancey Street, Lower East Side

Foundation work appears to be complete for the 25-story, 195-unit mixed-use building being developed as part of the Essex Crossing mega-development.

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Essex Crossing Team Celebrates “Topping Out” of First Building

A flag went up on the roof of 175 Delancey St., signaling the “topping out” of the first of nine buildings in the big Essex Crossing project.

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History Made: The First of Four New Essex Crossing Buildings Tops Out at 14 Stories

The concrete superstructure officially topped out at fourteen stories.

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Essex Crossing design competition proves wood is the future of sustainable architecture

More than 850 students submitted proposals for a site in the sustainable material.

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Essex Crossing’s Dattner-Designed Senior Housing Takes Shape

Work is moving along swiftly on Essex Crossing’s senior housing building at 175 Delancey Street (site 6).

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Essex Crossing’s 15-Story, 211-Unit Mixed-Use Building Rises At 145 Clinton Street, Lower East Side

The 15-story, 211-unit mixed-use building under development at 145 Clinton Street is now three stories above street level.

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Essex Crossing's First Condo Will Hit the Market In Early Fall

New details about the megaproject, Essex Crossing.

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$79.3 Million Invested in Key NYC Development

A team of public and private partners are investing $79.3 million in financing for an ambitious development that will include 100 affordable housing units for seniors, a medical facility, and a community center in New York City.

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The Lower East Side, Where Gritty Meets Trendy

Essex Crossing is bringing "trendy" to the gritty streets of the Lower East Side.

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The Next Hot Amenity in Luxury Buildings: Public School

Rapid population growth and Millennials opting to raise their families in the city are causing a capacity issue for schools. This is what real estate developers are doing to solve it.

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The Lower East Side goes upscale: Q&A, part II

Isaac Henderson weighs in on the Lower East Side market and why the neighborhood is being billed as the most “affordable cool” option in the city.

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NYU Langone signs 55,000 s/f lease at Essex Crossing

NYU Langone Medical Center has signed a 15 year lease to build and operate a 55,000-square foot medical facility at 175 Delancey Street, part of Essex Crossing.

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SHoP’s Essex Crossing Mega-Market Will Be One of Largest in the Nation

Essex Crossing will be transformed and expanded into one the five biggest markets in the country.

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Construction finally starts on SPURA mega-project

Issac Henderson gives a progress report on the billion dollar SUPRA redevelopment project.

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New Mixed-Income Housing on the Lower East Side

The New York Times highlights the construction on Essex Crossing.

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Plans for Essex Crossing development revealed

L+M and partners have unveiled new plans for four of the Essex Crossing buildings on the Lower East Side.

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City Plans Redevelopment for Vacant Area in Lower Manhattan

L+M Development Partners wins Essex Crossing (Seward Park) development project, bringing promise to an area abandoned for over 40 years.

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