Extell’s 13-Story ‘Poor Door’ Tower Finally Takes Shape [PHOTOS]
Lost in all the Extell headlines about the Lower East Side waterfront is progress on the adjacent affordable building. Exterior work on the thirteen-story development at 229 Cherry Street is nearing completion after topping out earlier this summer.
Upon opening – scheduled for spring 2018 – the new construction will boast 205 perpetually affordable apartments, 50% of which are earmarked for locals (i.e. lottery process). There are 49 studios, 51 one-bedrooms, 104 two-bedrooms, and an apartment for the super. Maximum rents are respectively pegged at a purported $867, $931, and $1,123. In addition, the building sits atop a 107-car garage that residents of both buildings can access.
When plans for the Dattner Architects-designed building were first released, Extell drew instant flack for alleged “poor door” tendencies in their properties. Down on the waterfront, the affordable units are segregated in this separate tower, with significantly fewer amenities than its 80-story market-rate sibling (800+ feet high). Indeed, the 100,000 square-foot “vertical village” of One Manhattan Square has enough amenities to distract thousands of residents (including an “infrared sauna”).
Meanwhile, the crawler crane that first appeared for duty last December has since been removed.
Keep all this in mind when you head to the polls today…