clock menu more-arrow no yes

Filed under:

Extell's Lower East Side Tower Will Have Affordable Little Sister

New, 1 comment

The site of Extell's Pathmark-demolishing high-rise tower on Cherry Street will also include a 13-floor, 205-unit affordable building. In addition to the proposed 68-story market-rate high-rise, the Lo-Down reports that the incredibly active developer has also tapped Dattner Architects for the affordable housing component, which will stand next to the taller tower. According to paperwork filed with Community Board 3 and published in its entirety by the Lo-Down, the big sister 'scraper, as well as a "mixed-use podium base" with apartments, retail shops, and parking, will be designed by Adamson Associates.

Of the 205 affordable apartments—proposed under the city's inclusionary housing program, which allows for bigger buildings in exchange for building these kinds of units—Extell is planning the following breakdown: 49 studios, starting at $833/month; 51 one-bedrooms, starting at $895/month; and 105 two-bedrooms, starting at $1,082/month. The apartments will be available to families earning 60 percent or below the area median income. For more schematic drawings and renderings, head over to Lo-Down.
· Extell Reveals Plans For 205-Unit Affordable Tower on Former Pathmark Site [The Lo-Down]
· All Cherry Street coverage [Curbed]

250 South Street

227 Cherry Street, Manhattan, NY 10002