Essex Crossing’s first market-rate rentals debut on the Lower East Side

Essex Crossing officially opened to residents last month with the opening of 175 Delancey Street, one of the development’s affordable buildings for seniors. Now, the second building in the Lower East Side megaproject is ready for its debut, though many of its units aren’t what you could exactly call “affordable.”

The Rollins, located at 145 Clinton Street (and named for jazz icon/former Lower East Side resident Sonny Rollins), officially launches leasing today, with occupancy expected immediately.

The building is split between 107 market-rate rentals and 104 affordable apartment, and the units are a mix of studios, one-, two-, and three-bedrooms. Prices for those apartments will be some of the highest in the Lower East Side: studios will begin at $3,150/month; larger units will start at $4,175/month (for a one-bedroom), $5,800/month (two-bedroom), and a whopping $7,900/month for a three-bedroom.

The affordable apartments became available through the city’s housing lottery last spring and will rent from a much more reasonable $519/month. (And there’s clearly demand; the lottery netted more than 90,000 applications.)

The building was designed by Beyer Blinder Belle with interiors by K&Co., which recently worked on SHoP’s American Copper Buildings. Amenities include a roof deck, fitness center, residents’ lounge, and an “elevated garden terrace”—basically, all of the stuff you’d expect from a high-end rental nowadays.

The building will also be home to a Trader Joe’s and Target, both of which are due to open sometime this year, and is located next to the public park, designed by West 8, that’s part of the larger megaproject. According to the developer, Delancey Street Associates (a collaboration between L & M Development Partners, BFC Partners, and Taconic), many of Essex Crossing’s biggest components—including the Market Line and several of its residential buildings—will be open sometime this year.

• The Rollins [Official]
• All Essex Crossing coverage [Curbed]