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Essex Crossing’s new web site.
First off, Delancey Street Associates, the entity created as an umbrella organization for the developers, now has a website. The home page calls the project an “unprecedented development comprised of 1.9 million square feet of residential, commercial, and community space.” There’s not much information available as of yet that wasn’t released when Mayor Bloomberg announced the deal in September but there is an email signup for people interested in information about retail/office spaces and affordable apartments (there will be 500 residential units set aside for low and middle income New Yorkers). Leasing, the site notes, is expected to begin in the year 2017.
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Rendering: Essex Crossing. SHoP Architects.
A year ago next week, a sweeping plan was unveiled to redevelop the former Seward Park urban renewal site adjacent to the Williamsburg Bridge, bringing one-thousand new apartments and 600,000 square feet of commercial space to the Lower East Side. Since that time, developers and architects have been hard at work to meet a spring 2015 deadline for groundbreaking on the first four parcels. For an update on their progress, we sat down recently with key members of Delancey Street Associates, the consortium created to build the project, known as Essex Crossing.
Charlie Bendit is co-CEO of Taconic Investment Partners, which along with L+M Partners and BFC Partners, was selected to create the nearly 2-million square foot complex. Isaac Henderson of L+M is the project manager. We met in a conference room ringed with conceptual drawings of Essex Crossing at L+M’s offices on Park Avenue South. Among the headlines from our interview:
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