From the time it was announced, Essex Crossing’s progress has been eagerly monitored. The $1 billion, the 1.9-million-square-foot development comprises nine sites on six acres origianlly known as the Seward Park Urban Renewal Area and represents one of the most significant recent urban renewal developments in the city.
In addition to offices, retail, and green spaces, Essex Crossing will bring over 1,000 new residences to the area. The façade of its first condominium, 242 Broome, is now fully in place. Acclaimed SHoP Architects designed a champagne-colored anondized aluminum frame for the 14-story building on the corner of Broome and Ludlow Streets. Its bends and angles recall the fire escapes of neighboring buildings. Architecture critic Carter Horsley calls it “a significant addition to the Lower East Side.”
In addition to offices, retail, and green spaces, Essex Crossing will bring over 1,000 new residences to the area. The façade of its first condominium, 242 Broome, is now fully in place. Acclaimed SHoP Architects designed a champagne-colored anondized aluminum frame for the 14-story building on the corner of Broome and Ludlow Streets. Its bends and angles recall the fire escapes of neighboring buildings. Architecture critic Carter Horsley calls it “a significant addition to the Lower East Side.”
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The 55 residences of 242 Broome are designed by DXA Interiors to have dramatic views, natural light, high ceilings, and American white oak wood floors. Marble and grey stained wood kitchens are outfitted with Gaggenau appliances. Master baths are clad in Bianco Alanur honed marble and have radiant floor heating.
Amenities will include a fitness center, children’s playroom, entertainment lounge, and residential storage. The landscaped and furnished rooftop has spectacular skyline views and grills for outdoor dining and entertaining. Apartments start at $1.6 million, and occupancy is expected for the first quarter of 2018.
Upon the completion of Essex Crossing, 242 Broome will be part of a thriving community. Retail will include the acclaimed Essex Street Market, a Trader Joe's outpost, Target, and Regal Cinemas. Over 100,000 square feet of green space such as a public park, urban farm, and public gardens will bring nature to the area. It is a short walk away from the Lower East Side's popular entertainment, shopping, and dining.
Upon the completion of Essex Crossing, 242 Broome will be part of a thriving community. Retail will include the acclaimed Essex Street Market, a Trader Joe's outpost, Target, and Regal Cinemas. Over 100,000 square feet of green space such as a public park, urban farm, and public gardens will bring nature to the area. It is a short walk away from the Lower East Side's popular entertainment, shopping, and dining.
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Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City