The latest building moving forward at Lower East Side’s Essex Crossing megaproject is a condo building at 202 Broome Street. The city’s Department of Housing Preservation and Development filed the application earlier today, The Real Deal reports.
This condo building will occupy site three on the nine-site development. Site three was previously slated to get a rental building, with half of its units set aside as affordable. But as the development consortium behind the megaproject rejiggered the overall development, site three became a fully market-rate condo.
To be designed by CetraRuddy, the building will stand 15-stories tall and feature 83 apartments. In addition, a major chunk of Essex Crossing’s Market Line, will be located in this building, and floors two through five, will have offices. Work on the condo is expected to wrap sometime in 2021
The first four Essex Crossing buildings have made significant progress in recent months, and all four will be completed at various times next year. Field Condition recently stopped by at one of those buildings: 115 Delancey Street. The Handel Architects-designed building will stand 24-stories tall and contain 195 rentals (98 of them affordable), a Regal Cinema outpost, serve as the entrance to the Market Line, and also serve as the new home of Essex Street Market.
Construction site photos by Field Condition now show the podium that will house these commercial enterprises being fitted with their unique bronze-toned metal panels. Eventually, Essex Crossing will bring 1,000 apartments (more than half of them affordable) to the Lower East Side.