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5 Upcoming Rentals & Apartments On The Lower East Side

Over the past decade, the Lower East Side has been greatly transformed with a number of residential projects such as the Essex Crossing master plan along Delancey Street which brought a large number of apartments in Manhattan, a Target, a movie theater, and multiple shops and restaurants at the Essex Market. Alongside this successful revitalization scheme are several ore construction sites that are underway and or nearly finished. We look at five of these sites that will bring even more apartments on the Lower East Side. 

1) The Suffolk 

The Suffolk is a topped out 30-story residential tower rising directly south of Essex Crossing and will yield a total of 378 apartments. Addressed as 55 Suffolk Street, the building is designed by Dattner Architects and JG Neukomn Architecture, while Broome Street Development is the developer of the 333,000-square foot project. 

Units come in studios, one-, two-, and three-bedroom layouts, in addition to three floors of micro-units that are the latest to debut under Abode by Gotham, a new housing concept from the developer conceived in response to shifting tenant preferences and changing market conditions. Each apartment will measure between 315 to 350 square feet and feature a built-in Murphy Bed, sofa, and storage. Residents of Abode by Gotham residences will have access to all amenities within the building under a club membership, as well as their own dedicated lounge, chef’s kitchen, tenant storage, and laundry facilities. Each unit has chrome appliances, an in-unit washer/dryer, quartz countertops and bathrooms, and wood grain flooring.

The Suffolk’s outdoor amenity spaces include a rooftop pool deck and a terrace with lounge seating, fire pits, and barbecue grills. A full-floor indoor amenity suite features coworking spaces, conference rooms, a resident lounge, and a chef’s kitchen. There is also a fitness club and yoga studio, a package room, resident storage, a bike room, laundry facilities, and an on-site personal concierge.

The Suffolk will debut this spring and be part of a master plan of two mixed-use buildings with 493 rental units, a new 40,000-square-foot community facility for the Chinese-American Planning Council, a 4,000-square-foot cultural heritage center for Beth Hamedrash Hagodol, and 18,000 square feet of retail space.

2) 64 Norfolk Senior Housing 

Directly to the west of The Suffolk is 64 Norfolk Senior Housing at 60 Norfolk Street. The shorter 16-story sibling is also designed by Dattner Architects and is being developed by Gotham Organization which will yield a total of 86 residences for senior living. 

Residential amenities will include a lounge, game room, yoga and activity room, and a social services office. Additional amenities include a community room and outdoor roof terraces, a shared laundry room, security cameras in common areas, microwave, and an on-site superintendent. Residences come with name-brand kitchen appliances, countertops, and finishes, as well as air conditioning, hardwood floors, and patios or balconies. Tenants are responsible for electricity.

64 Norfolk Senior Housing is anticipated to be done by May. 

3) 222 E. Broadway  

222 E. Broadway is a topped out 28-story residential building that's designed by SLCE Architects, with S4Architecture designing the facade, and Optimum Asset Management as the developer for the ground-up 84,271-square foot reinforced concrete superstructure. There  will be 70 units in studio to four-bedroom layouts, with an average scope of 1,397 square feet apiece and interiors by Paris Forino. 222 E. Broadway is located by the corner of E. Broadway and Clinton Street. Cantor Pecorella is handling sales and marketing.

The 14,000 square feet of amenities will include an indoor swimming pool in the cellar and a 6,700-square foot private park with a children’s playground and barbecue area, as well as a fitness center/yoga studio, a screening room with a lounge, a 24-hour doorman/concierge, and a live-in resident manager.

Closings at 222 E. Broadway will start in early 2023 while sales launched at the end of last summer. 

4)  282 Grand Street 

Construction at 282 Grand Street is nearing completion. The topped out 23,500-square-foot, seven-story reinforced concrete building is designed by DeFonseca Architects and developed by Prosper Property Group with a total of 25 rental apartments on the Lower East Side spread across 22,500 square feet. There will also be 1,000 square feet of commercial space at the property, which is located between Forsyth and Eldridge Streets.

Each of the residences come complete with hardwood floors, dishwashers, washers and dryers, smart controls for heating and air conditioning, intercoms, and name-brand countertops, finishes, and appliances. Amenities include virtual doorman, common area Wi-Fi, elevator, green space, gym, rooftop terrace, package lockers, bike storage lockers, and pet-friendly policies. Tenants are responsible for electricity.

Amenities at 282 Grand Street include a fitness center, bike storage, and a communal recreational space. Work is anticipated to finish later this spring. 

5) 139 Bowery  

Our final site that will continue to add to the growing number of new apartments in New York City is 139 Bowery, a topped out 14-story mixed-use residential building designed by Raymond Chan Architects and developed by Global Joint Venture which will bring  16 residential units as well as ground-floor retail space, a 550-square-foot medical facility, and office space on floors two through five. The nearly finished project is located on a relatively narrow plot between Broome and Grand Streets in the Bowery section of the Lower East Side.

A revised completion date has yet to be heard of, though it seems like this will be done at some point in the latter half of 2023.

 

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