LOWER EAST SIDE — The developer of the sprawling Essex Crossing development has released new renderings showcasing portions of the upcoming multi-site project soon to transform the Lower East Side.
New renderings from Delancey Street Associates show completed visions of the shiny towers rising along Delancey Street between Ludlow and Attorney streets.
A daytime rendering shows, left to right, the 25-story 180 Broome Street — slated to open next summer and housing a luxury movie theater — the 14-story 202 Broome Street, and 25-story 115 Delancey St. Subterranean market and beer hall The Market Line will span all three sites.
A nighttime rendering shows the same sprawl going the other direction plus a view of some green space accompanying the developments.
The new renderings were first reported by Curbed.
(Via Moso Studio)
Other sites within the project are slated to welcome new residents before the end of the year.
Tenants who scored below-market-rate apartments at 145 Clinton Street and 175 Delancey Street — comprised entirely of below-market-rate senior housing — will start moving into the sites late this year, according to Delancey Street Associates. Leasing for the market-rate units will begin before the end of the year.
Those two sites attracted an overwhelming number of applications for the limited offering of affordable housing — a whopping 93,361 applicants tried for the 104 subsidized apartment at 145 Clinton, while 65,161 applied for just 99 subsidized senior apartments at 175 Delancey, according to the city's Department of Housing Preservation and Development.
Slated for completion by 2024, Essex Crossing's nine sites will ultimately include 1,078 new housing units, 561 of which will be below market rate, and 750,000 square feet of commercial space, including a Trader Joe's and a Target opening next March.