Extell’s affordable Two Bridges tower will debut soon

While construction on Extell’s One Manhattan Square continues to move forward, the developer is gearing up to open its affordable development next door at 229 Cherry Street, the Lo-Down reports. The building will open in the next two to three months, according to the Lo-Down—Curbed has reached out to Extell to confirm this.

The affordable housing lottery for the Dattner Architects-designed building launched in November last year with apartments asking from $947 per month. The building’s 204 apartments come in a mix of studios, one-bedrooms, and two-bedrooms. The lottery closed on January 2 this year, so it makes sense that the first set of residents will be moving in relatively soon.

The overall project is being built on the site of a former Pathmark grocery store, and the developer had promised the creation of a grocery store at the base of the building at 229 Cherry Street. That grocery store hasn’t yet been announced, which has made Two Bridges residents anxious about its opening and whether it will in fact be an affordable grocery store, according to the Lo-Down.

Closings at One Manhattan Square are expected to get underway later this year.

• Extell’s Affordable Tower Set to Open in Two Bridges; Still No Word on New Grocery [TLD]
• Extell’s Lower East Side affordable housing rental launches from $947/month [Curbed]
• Extell’s One Manhattan Square has some stunning NYC views [Curbed]