Extell’s ‘One Manhattan Square’ Project Pegged for Q3 2019 Completion

Posted on: May 24th, 2016 at 5:00 am by
This image has been archived or removed.

One Manhattan Square, the eighty-story skyscraper (823 feet) on South Street brought to you by Extell Development Corp. is on track for completion in the third quarter of 2019. At a construction rate of approximately one floor every three days, plus the enclosure and fit-out, the project is still more than three years from out. Domestic sales are anticipated to begin in September, as previously reported.

This was the estimate provided last night during the fifth quarterly meeting with area residents (predominantly from 82 Rutgers Street). Here are some other updates gleaned during the info session (in no particular order):

  • Foundation is complete. Work has begun on the fifth floor of the podium. The superstructure itself begins on the sixth floor.
  • The tower will be enclosed by the end of 2017.
  • Construction on the “poor door” affordable tower should commence in the fall.
  • For safety purposes, neighbors are pitching to create a mid-block crossing in the center of Cherry Street. Lots of neighborhood youth cross to attend the area Head Start program, and there are fears about the increased traffic that will result from the wall of glass coming to the waterfront. Susan Stetzer committed to putting this measure on a future Community Board 3 agenda.
  • Extell committed to providing security reflector vests for area children passing through the covered walkway between the project site and 82 Rutgers Street.
  • The developers are now more assertive in their position to bring an “affordable” supermarket back to the street. Razy Haas, SVP Project Management and Development for Extell, repeated that claim several times during the hour-long meeting. Haas shot down any hope for a possible “early opening” of the supermarket, though, noting it can’t happen before “early 2019.”
  • There are three total retail units.
This image has been archived or removed.
  • A semi-public parking garage with 110 spots (operated by third party) is planned for the four-story podium beneath both towers. It sits closer to the affordable building. Any spaces not taken by condo owners will be offered to public, as per zoning requirements. Entrance onto South Street.
  • Extell doesn’t anticipate additional “movement” in nearby buildings. They’ve committed to footing the bill to repair at least 60 to 100 apartments in the adjacent 82 Rutgers building that were damaged due to foundation activity. All repairs are permanent. (We were assured that Extell went above and beyond normal underpinning practice to protect 82 Rutgers during the excavation.)
  • Extell still owns the lease to the old Pathmark Pharmacy until 2049. Haas noted that they “intend to occupy [the store] until [the lease] expires.” There was a request to lease out the space once the project offices are closed so that it doesn’t become further blight.
  • As before, when asked by the panel how the lower-income residents would benefit from the One Manhattan Square project, Haas responded with the same canned line about “adding vibrancy” to the area that “everyone in the community will appreciate.” Speak for yourself.
  • The next meeting with the developers is slated for October 2016.

Of course, the elephant in the room is 77 stories tall and belongs to the Two Bridges Neighborhood Council/Settlement Housing next door. (The non-profits sold a 500 square-foot package of development rights for $51 million to erect this super-tall tower, literally on the backs of seniors.)

This image has been archived or removed.

Recent Stories

Ed Higgins Gets ‘Mail Art’ Retrospective at Van Der Plas Gallery on Orchard Street

Fresh off featuring his art in Ludlow Coffee Supply, the Van Der Plas Gallery of Orchard Street is now dedicating a full artist retrospective to the late Ed Higgins. Higgins, known as a pillar of the “Rivington School” movement in the 1980s Lower East Side, and for his unique “Mail Art,” died last December at […]

Hypebeast Officially Announces its Division Street Conquest

Hypebeast is hyped for the Lower East Side. The Hong Kong-based fashion and lifestyle publication, Hypebeast, is moving to the seven-story commercial loft building at 41-43 Division Street in due course. A vinyl banner stretched across the frontage announces the forthcoming arrival. Plans for the 21,000 square-foot space, and its conversion, have been in the works […]

Chinatown Garment Industry Hanging by a Thread

Once a hub of manufacturing for the city’s garment industry, there are only a few remaining factories in Chinatown from a peak in the hundreds. The localized industry, which once employed thousands of immigrant women and men, sparked an area restaurant boom in the 1970s. Yet, began to decline in the late 1980s when manufacturers started […]

Residents Unite Against Developer Plans to Swap Park for Parking on LES Waterfront

Residents on the Lower East Side waterfront may soon lose more publicly accessible outdoor space. The developer of a new super-tall plans to reduce a children’s playground to a parking lot. As excavation work commences on Chetrit Group’s 70-story, twin-towered development at 265 South Street, tenants in the adjacent building – Lands End II – […]

Chinatown Homeless Murder Suspect Still Awaiting Trial

More than two years since the horrific murder of four homeless men in Chinatown, the suspect has yet to be held accountable for the crimes. In the early morning hours of October 5, 2019 Randy Santos stalked, then allegedly bludgeoned to death Cheun Kwok, Anthony Manson, Florencio Moran and Nazario Vasqez-Villegas while asleep on the streets. In […]