Essex Crossing Update: Next Four Buildings for the Exciting Lower East Side Development

Essex Crossing via Moso Studio

Friday, Aug 31, 2018 By Michelle Merritt

Lower East Side mega-development Essex Crossing has generated excitement seemingly from the time it was announced, and it hit an important milestone earlier this summer: Closings commenced at 242 Broome Street, the first condominium on the site, came in at an average of $1,937 per square foot, above the neighborhood average (CityRealty data). However, developer Delancey Street Associates isn't resting on its laurels. On the contrary, work is heating up throughout the rest of the development. Let's check out progress on the retail, housing, office, and public outdoor space on the way to Lower Manhattan.

Essex Crossing map via Delancey Street Associates

It’s no wonder an affordable lottery for the tallest building in Essex Crossing generated considerable excitement earlier this winter – it will house the Essex Street Market, the first stage of The Market Line, a 14-screen Regal Cinemas theater, and a rooftop urban farm. Residential amenities will include a fitness center, yoga room, lounge, and communal terrace. Construction on "the gateway to Essex Crossing" is nearly finished – watch this space for a leasing launch!

202 Broome Street, Site 3

Design by CetraRuddy
Retail, office, and residential | 83 units, 15 floors
Completion 2021

202 Broome Street rendering (center) via Moso Studio

202 Broome Street rendering via Delancey Street Associates

Construction progress via CityRealty

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202 Broome Street is only one floor out of the ground, but plans indicate great excitement for the second condominium in the complex. A portion of The Market Line will be housed in the building’s lower level, and there will be 16,000 square feet of retail space on the ground floor. The second through fifth floors will be home to 75,000 square feet of office space where workers will enjoy high ceilings, bike rooms with showers, and expansive views in all directions. Residential amenities aren’t too shabby either – they include a fitness center, lounge, and terrace.

180 Broome Street, Site 4

Design by Handel Architects
Retail, office and residential | 263 units, 25 floors
Completion 2021

Rendering of 180 Broome Street via Handel Architects

Rendering via Handel Architects

Plaza rendering via Handel Architects

Construction progress via CityRealty

Excavation work has just begun at 180 Broome Street, but all the promise of Essex Crossing is set to converge in this building inspired by the nearby Williamsburg Bridge: The Market Line is belowground; the ground floor is reserved for retail; floors two through five will have 175,000 square feet of office space; and there will be rental apartments all the way up. Nearly half of the apartments will be affordable, and all residents will have access to a full floor of amenities. All visitors will be greeted by a landscaped public garden.

140 Essex Street, Site 8

Design by Beyer Blinder Belle
Retail and residential | 92 units, 8 floors
Completion 2021

Rendering of 140 Essex Street via Delancey Street Associates

At 140 Essex Street, the existing low-rise is being demolished to make way for a beautiful new brick building that will have fully-affordable senior housing. Amenities will include a fitness center, library, laundry room, bike room, storage, and roof terrace. There is also 9,645 square feet of ground-floor retail space.

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Essex Crossing Update: Next Four Buildings for the Exciting Lower East Side Development

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Price Cuts: Full-floor at 432 Park Avenue slashed by $10M; Charles Mingus' former Noho loft reduced by $100K

$45M "Horizontal Mansion" and two 520 Fifth Avenue penthouses lead Manhattan sales; AMC executive buys NoMad condo