March 22, 2017

As aggressive development continues Uptown, with towers rising higher every year, some New Yorkers are seeking a neighborhood that still feels, well, like New York. Those true New Yorkers are looking at Lower East Side homes like those at 242 Broome, where amenity and museum spaces on the lower stories give way to luxury condominiums by SHoP Architects. Residents will have access to extensive amenities, including a fully equipped fitness center and a landscaped roof where they can take in the Downtown skyline. They will also be conveniently located near some of the best dining and entertainment in the world. View Article 

March 22, 2017

November 11, 2016

242 Broome is bringing the traditional elegance associated with Uptown Manhattan living to the Lower East Side. SHoP Architects and SLCE designed the 14-story glass and aluminum tower in what was a long-vacant lot. As part of the larger Essex Crossing development, 242 Broome will house 44 market-rate apartments and 11 affordable homes, including three penthouses with private outdoor spaces, and will also feature a communal terrace for all residents to enjoy. The DXA Studio-designed interiors are outfitted with high-end finishes such as wide plank white oak flooring, Calacatta marble counters, and walnut cabinetry.  View Article

November 11, 2016

New renderings of the Market Line, the 150,000-square-foot retail complex below Broome Street at Essex Crossing, have been released, much to the delight of New Yorkers eager to see food, retail, and residences take over the long-vacant lot where development is underway. The Market Line will be the new home of Essex Market, a city icon for more than 76 years, as well as 150 other shopping and arts-focused destinations, the first of which will open their doors to customers in 2018.  View Article

November 11, 2016

The luxury condominiums at the SHoP Architects-designed 242 Broome Street are the first residential offerings at the Lower East Side mega-development Essex Crossing that are hitting the market. The 14-foot tower will house 55 luxury condos, 11 of them affordable housing, and amenities like a rooftop terrace, entertainment lounge, and fitness center, as well as retail and cultural space on the building’s lower floors.  View Article

November 11, 2016

Sales have officially launched at 242 Broome Street, marking the first residences at Essex Crossing to hit the market. The SHoP and SLCE-designed Lower East Side tower boasts 55 luxury condos, ranging in size from one to three bedrooms. The building’s interiors, designed by DXA Studios, are equipped with white oak flooring and Calacatta marble accents, while building amenities include a lounge, gaming area, fitness center, and rooftop terrace.  View Article

November 11, 2016

The Market Line, Essex Crossing’s massive Lower East Side multivendor market, promises to turn grocery shopping into a distinctively Downtown experience. Scheduled for completion in 2018, the 150,000-square-foot marketplace will span three blocks and offer a new home to Essex Street Market, as well as a beer hall and numerous other food and shopping destinations.  View Article

November 11, 2016

The first condos for sale at the Lower East Side mega-development project, Essex Crossing, have hit the market. The 14-story SHoP Architects-designed 242 Broome will offer 55 open-concept condominiums, ranging in size from one to three bedrooms, 11 of which meet affordable housing criteria. Each residence will come with luxury finishes, including high ceilings, Calacatta marble countertops, and heated flooring, while the building’s communal spaces will provide an entertainment lounge, game room, bike storage, rooftop sculpture garden, and easy access to the Market Line, Essex Crossing’s multilevel food, retail, and arts space.  View Article

November 11, 2016

The latest renderings of the luxury condos at 242 Broome Street, part of the massive mixed-use Essex Crossing development, reveal the evolving character of the Lower East Side. The 14-story tower is bringing 55 DXA Studio-designed residences, including 11 affordable homes, to the neighborhood, all with open-concept layouts, wide plank white oak floors, marble baths, state-of-the-art kitchens, high ceilings, and panoramic views. The building’s residents will also have access to a wealth of amenities, including an attended lobby, entertainment lounge, rooftop terrace and dining space, fitness center, and bike storage.  View Article

November 11, 2016

BY AMY PLITT

SEP 27, 2016

Name/Address: 242 Broome Street

Developer: Delancey Street Associates

Architect: SHoP Architects (exterior), DXA Studio (interior)

Size: 14 stories, 55 apartments

Prices: from $1.275 million to over $7 million

Sales and Marketing: Douglas Elliman

After years—even decades—of planning (and skirmishes), the former Seward Park Urban Renewal Area is finally opening itself up to residents. The first condos within the megaproject, now better known as Essex Crossing, are officially on the market, with nine apartments in 242 Broome Street (a.k.a. Site 1) available as of today.

The building, designed by SHoP Architects, is currently under construction but when completed, it’ll be home to 55 one- to three-bedroom apartments. Additionally, 11 of the apartments that will be deemed “affordable,” with those units hitting the city’s affordable housing lottery sometime next spring.

Interiors, by DXA Studio, are designed to “balance serenity with modernism,” and will have predictably luxurious touches: Calacatta marble finishes, radiant heated flooring, high ceilings, and custom vanities, among others. There are also a host of communal amenity spaces—roof deck, fitness center, entertainment room, and the like. It’s expected to be completed in 2018.

The building’s location, at the corner of Broome and Essex Streets, puts it on the western edge of the Essex Crossing site map. It’ll be home to a few of the megaproject’s much-touted amenities—a fancy bowling alley, and a to-be-announced cultural center—and will be close to the Essex Street Market, the new Market Line, and other educational and cultural offerings.

With the sales launch comes new renderings, along with floorplans that show off exactly how these apartments will be laid out. Check those out below.

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November 11, 2016

The first luxury condos at Essex Crossing have officially hit the New York real estate market. The 14-story Lower East Side luxury tower at 242 Broome Street is offering the first residences at the massive development, with a total of 55 homes for sale, including 11 that meet affordable housing criteria. Upon completion in 2018, the building will also house an entertainment lounge, fitness center, rooftop terrace, and Splitsville Luxury Lanes bowling alley.  View Article

November 11, 2016

Potential residents got a sneak peek at the 14-story, 55-residence building at 242 Broome Street, courtesy of a teaser site that reveals details on the mix of one- to three-bedroom luxury condos for sale. The SHoP-designed tower, which is part of the Lower East Side mega-development Essex Crossing, will offer residents perks like direct access to the basement-level Splitsville Luxury Lanes bowling alley and the multilevel Market Line, Essex Crossing’s 150,000-square-foot food and retail complex, which will house the newly expanded Essex Street Market.  View Article

November 11, 2016

The mega-development project known as Essex Crossing is transforming the Lower East Side landscape, adding luxury homes and retail spaces where an empty lot has stood for nearly 50 years. Construction on four of the development’s nine buildings is already underway—with 250,000 square feet of office space and 1,000 residences, half of them designated as affordable housing, proposed to fill the six-acre plot. While the final phase of the development won’t be complete until 2024, construction has begun on the Market Line, a three-block, multilevel shopping center that will house the new Essex Street Market as well as 150 other food vendors and retailers.  View Article

November 11, 2016

The first images of the 150,000-square-foot Market Line shopping center and food hall have been revealed. The three-block-long marketplace will serve as the centerpiece for the Lower East Side development Essex Crossing and house the reinvented Essex Street Market, in addition to a farmer’s market, beer garden, and numerous other retail spaces. While the final stage of development at Essex Crossing won’t end until 2024, the luxury condos at 242 Broome, an amenity-rich residential building in the development, have already hit the market.  View Article

November 11, 2016

Renderings of Essex Crossing’s 150,000-square-foot multilevel retail complex, the Market Line, have finally been revealed. The massive shopping center will provide a new home for Essex Street Market, in addition to a beer garden and numerous smaller retail outfits, the first of which will open their doors to customers in 2018. View Article

November 11, 2016

The Lower East Side will soon be home to one of the country’s most exciting public markets when construction on the Market Line food hall and retail space at Essex Crossing is complete. The culinary hub will be among the largest multivendor markets in the country, with over 150,000 square feet of sunlit space for food vendors, clothing stores, galleries, and service-oriented businesses. Providing a new home to the Essex Street Market has been a major goal for the space, which aims to pay homage to the Lower East Side’s diverse history while adding amenities to the downtown enclave. “We want the locals to be there because that’s what makes it a public market,” says Prusik Group’s Rohan Mesra, who oversees commercial leasing at Essex Crossing. “Otherwise it could be anywhere—it becomes like a shopping mall. It needs to feel like the Lower East Side.” View Article

November 11, 2016

BY AMY PLITT

JUN 1, 2016

Construction on the former SPURA site on the Lower East Side, now known as the Essex Crossing megaproject-to-be, is moving right along, and more details about its various buildings—retail, hospitals, residences, and the like—have been coming out in dribs and drabs.

Now, a new teaser site has launched for the building known as Site One (a.k.a. 242 Broome Street), a SHoP-designed condo that will rise 14 stories when completed. With that comes some new details on the building: It’ll be home to 55 units, a mix of one- to three-bedroom condos, and while pricing information for those units isn’t currently available, a spokesperson for the project confirms that sales are due to launch in early fall.

The building is notable for its amenities, including the bowling alley that’ll be operated by Splitsville Luxury Lanes. It will also be connected to the megaproject’s huge new food bazaar, the Market Line, which will span more than 150,000 square feet over three blocks.

In terms of the design, SHoP’s on the architecture, which is very SHoP-like and will feature champagne-colored aluminum covering the exterior. The interiors will be done by DXA Studio, and per the teaser site, will include “slab marble, blackened steel, [and] warm woods.” Elliman will be in charge of sales once those launch, and the whole shebang is being developed by Delancey Street Associates, a collaborative effort between Taconic, L&M Development, and BFC Partners.

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September 20, 2016

With its sculptural style, 242 Broome is bringing a sense of modern refinement to the Lower East Side. The building, which is part of the Essex Crossing mixed-use development site, will house cultural venues on the second through fourth floors. The 55 condos at 242 Broome will feature sleek, modern interiors with breathtaking views of the Lower East Side, and residents will have access to wonderful on-site amenities, including a fitness center and landscaped rooftop, not to mention the ultimate amenity: New York City right outside your front door. View Article

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August 1, 2016

The foundation is being poured for 242 Broome, the first property in the mega Essex Crossing development zone in the Lower East Side. 242 Broome is a mixed-use building featuring space for a cultural institution on its lower floors and 55 luxury condos on the fifth floor and up. Residents will have their choice of one- to three-bedroom layouts for their homes and will enjoy access to plentiful amenities, including a landscaped rooftop terrace, a fitness center, and private residential and bike storage facilities. View Article