Two Gigantic 60-Story Buildings Coming Soon to Crowded LES Waterfront
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As if the Lower East Side waterfront couldn’t get any more crowded, two more large scale developments are in the works. Both are in early stages, but could have serious ramifications for the Two Bridges neighborhood. Namely, the addition of some 2,100 new apartments.
First up, the parking lot at Lands End II, which was previously rumored to have twin fifty-story towers. Developers L+M Development – they purchased the property three years ago for $279 million – and the CIM Group are planning a 66-story building with 1,400 apartments, of which about 350 will be affordable.
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Lands End II
And a short skip away, at 271-283 South Street, another developer, Starrett Corp., is planning their own 60-story building with 740 apartments, with an unknown quantity of affordable stock.
Embattled locals, taking the brunt of construction for the last couple years with Extell’s One Manhattan Square, are joining elected officials in calling on the city to either put these projects through a Uniform Land Use Review Procedure [ULURP] or move to rezone the neighborhood that would restrict the height of buildings to 350 feet.
Let’s also not forget that JDS and SHoP are planning a thousand-foot tower atop the Two Bridges senior center.