Early plans show two new projects to bring 1.7M sf of residential units to LES

The developments could add 2,100 residential units to the area

New York /
Jul.July 27, 2016 11:30 AM

Preliminary plans for two new developments on the Lower East Side would add more than 2,100 residential units to the area.

The Starrett Corp. submitted a pre-application for 271-283 South Street, where the developer plans to build a 60-story building with 741 apartments, the Lo-Down reported. L+M Development TRData LogoTINY and the CIM Group also filed a pre-application statement for 260 South Street, where they plan to build a 1,400-unit building. Together, the projects would span more than 1.7 million square feet — nearly the same size as the massive Essex Crossing Project — in the Two Bridges neighborhood.

The proposals, of course, are just early plans and can change dramatically in the coming months.

State Assembly member Alice Cancel filed a Freedom of Information Law request to the city’s Department of Planning for the pre-applications amid complaints from residents about overdevelopment in the area. Cancel said she is still reviewing the pre-application statements.

“We need to map out a strategy to protect the neighborhood,” she said.

Other projects in the area include JDS Development’s planned 900-foot rental tower at 247 Cherry Street, which will be next to Extell Development’s 80-story One Manhattan Square. The Department of City Planning said in June that it would not approve JDS’ plans until it resolved a lawsuit over air rights at the site. [The Lo-Down]Kathryn Brenzel


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