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Lower East Side

Lower East Side
New York, NY 10002

The Lower East Side is a neighborhood in lower Manhattan, bounded by Canal Street, Houston Street, the Bowery, and the East River. Like other neighborhoods in the city, it has undergone successive transformations, from a colonial-era farm, to a working-class district where immigrants lived in tenement buildings, into a hub of nightlife, music, and art, and finally, into an enclave for wealthy New Yorkers. As of 2015, high-end boutiques, restaurants, hotels, and residential condominiums were in the process of transforming the character of the Lower East Side. Real estate developments in the neighborhood have included the 21-story Hotel on Rivington and the 16-story Blue residential condominium on Norfolk Street. A large mix-used development, Essex Crossing, was under construction on the Lower East Side. BFC Partners, L+M Development Partners, and Taconic Investment Partners are the developers of the planned nine-building complex, with construction of 1,000 residential units, 250,000 square feet of office space, and 600,000 square feet of retail expected to last through 2024. -GB

  • Address Lower East Side
  • neighborhood Lower East Side
  • borough Manhattan

05/21/18
...Bushwick, as well as two buildings on the Lower East Side in Manhattan, according to the documents. The buildings' addresses were not immediately clear. Although...

05/14/18
...The two eventually amassed several foundries on the Lower East Side, with locations on Cherry, Rutgers and Mangin streets, according to newspaper reports, before relocating...

05/09/18
...percent to $3,965. The most robust area was the Lower East Side, which posted month-over-month price hikes for doorman studios (11.6 percent), one-bedrooms (4.6 percent) and two-bedrooms (7.1 percent...

05/09/18
...controversial sale of the Rivington House on the Lower East Side, and reached a $6.5 million settlement with Ian Bruce Eichner over sales of timeshares at...

05/08/18
...Monday. The pair still live together at their Lower East Side apartment at 500A Grand Street, according to the suit. They had signed the post-nuptial...

05/02/18
...the $300 million conversion at 287 Park Avenue. On the Lower East Side, Shaoul is still developing 196 Orchard Street, which will have 94 units. Other nearby condo projects...

05/01/18
...million for the Sunshine Cinema building in the Lower East Side...

...The two eventually amassed several foundries on the Lower East Side, with locations on Cherry, Rutgers and Mangin streets, according to newspaper reports, before relocating...

04/19/18
...NoMad and a forthcoming Ace Hotel on the Lower East Side. Despite the flood of new supply, hotel owners are managing to increase the number...

04/18/18
...growth were two-bedrooms and doorman studios in the Lower East Side, which rose by 17.6 percent to 9.8 percent respectively. The biggest bargains, meanwhile, were non-doorman studios...

04/10/18
...Upper East Side, 237 and 239 Henry Street on the Lower East Side, 235 East 27th Street in Kips Bay and 172 Rivington Street on the Lower East Side...

04/09/18
...citizenM has landed an $82.5 million loan for its Lower East Side hotel at 185 Bowery, according to property records. The money comes from HSBC and is...

...NoMad and a forthcoming Ace Hotel on the Lower East Side. Despite the flood of new supply, hotel owners are managing to increase the number...

03/26/18
...five-story apartment building at 168 Suffolk Street on the Lower East Side. Eunhasu acquired the nine-unit building for $12.8 million. The seller was Hogg Holdings, which bought...

03/19/18
...Street, a 10,050-square-foot luxury apartment building in the Lower East Side for $12.8 million. The property contains nine two-bedroom apartments and a ground-floor retail space. The...

03/15/18
...Essex Crossing megaproject are already rising on the Lower East Side of Manhattan. Construction began in 2015, and the development team — comprised of Taconic Investment Partners...

03/15/18
...properties. 107 The number of coffee shops on the Lower East Side, where 242 Broome, a 55-unit condo, is located. About half of the units in the...

03/14/18
...billion mixed-use Essex Crossing megaproject rising on the Lower East Side has yet to roll out much of its residential, retail and office components. When...

03/12/18
...last year paid $61.5 million to buy the 78-unit Lower East Side rental building at 331 East Houston Street from Samy Mahfar’s SMA Equities and Halpern...

03/09/18
...luncheon is "Essex Crossing - Transformation of the Lower East Side." Charles Bendit of Taconic Investment Partners will be the speaker at the event. On...

03/06/18
...Robert Schwalbe Just a year after completing a Lower East Side rental project, Midtown Equities has entered contract to sell the building to the Schwalbe...

...properties. 107 The number of coffee shops on the Lower East Side, where 242 Broome, a 55-unit condo, is located. About half of the units in the...

03/01/18
...city's tallest modular hotel — topped out in the Lower East Side The latest renderings for Camber Property Group's rental building at 1601 DeKalb Avenue in Bushwick...

02/21/18
...begun at a long-awaited hotel site on the Lower East Side. Plans for a hotel at 79 Eldridge Street were first submitted to the city almost...

02/19/18
...million The developer of Essex Crossing in the Lower East Side got ahold of $200 million more in construction financing. The loan from Wells Fargo and...

...a large project he’s planning on the Lower East Side.) Below is a look at the developers who defined their times and how much...

Joseph Chetrit and 257 West 34th Street
01/04/16
...a three-building package of rental buildings on the Lower East Side for $2.4.4 million. (Source: ACRIS data for closed sales between Dec. 28- Jan. 3, and Reonomy...

...opened by Mayor Fiorello La Guardia on the Lower East Side in 1940. Today, a 15,000-square-foot fall hall remains, but in 2018 it will move to the...

...the 1.9 million-square-foot, mixed-use Essex Crossing project on the Lower East Side. And BFC is behind the 350,000-square-foot outdoor mall known as Empire Outlets on Staten...

10/14/15
UPDATED: 9:00 p.m., Oct. 14: Airbnb and other short-term rental services straddle a fine line between the so-called ‘sharing economy,’ characterized by collaborative peer relationships,...

...Side (1,000 units). Mack said the East Village and Lower East Side are at a turning point as large-scale projects migrate Downtown. The average number of...

...few sales above $1 million recorded by StreetEasy. The Lower East Side and the East Village had only about three dozen such residential property sales in...

...ranging from 20 to 100 units and located in the Lower East Side, Union Square and Murray Hill, Barrocas said. Another newcomer is the seven-year-old Platinum Properties...

...according to StreetEasy. The East Village and the Lower East Side saw listing rents drop almost as much, down by 35 percent. In the East Village...
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