Nonprofit plans affordable housing development near Essex Crossing

Tower will stand 15 stories tall at 161 Broome Street

TRD NEW YORK /
Aug.August 14, 2019 12:00 PM
A rendering of 165 Broome Street (Credit: Handel Architects)

A rendering of 165 Broome Street (Credit: Handel Architects)

The nonprofit Grand Street Guild is planning to bring a 274,000-square-foot affordable housing project to the Lower East Side.

The mixed-use development at 161 Broome Street will stand 15 stories tall with 232 residential units, and it will include community and commercial space as well, according to plans filed Monday with the Department of Buildings. Handel Architects will design the building.

Representatives for Grand Street Guild did not respond to requests for comment.

The project is one of two affordable housing buildings Grand Street Guild is planning for the site. The buildings will contain 400 units overall and include a parking garage.

The site is close to Essex Crossing, a $1.5 billion megadevelopment from Taconic Investment Partners, L+M Development Partners, BFC Partners, Prusik Group and Goldman Sachs Urban Investment Group.


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