Essex Crossing Opens Sales Office for Condos at 242 Broome Street

Posted on: September 20th, 2016 at 5:15 am by
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Carpetbagging developers want you to embrace “The legacy of new beginnings” here on the Lower East Side. That’s the lame-ass operating slogan (i.e. justification) for one parcel of the Essex Crossing megadevelopment. The fourteen-story condo building rising at Site 1, 242 Broome Street.

(The real legacy of new beginnings is essentially top-down displacement.)

Nevertheless, the dedicated storefront sales office officially opened to the public last week after four months under construction. Located in Mark Miller’s former gallery space at 94 Orchard Street, the latest twist to this showroom now features a model of the future development alongside the obligatory broker-babble.

So, what does it take to live in these first condo units of Essex Crossing, you ask? There are 55 total units with an 80-20 mix of market rate and affordable respectively. Prices for the market-rate one- to three-bedroom apartments ranges from $1.27 million to $7 million.

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As reported, the incoming mixed-use tower is the only condo building during this first phase of construction. Splitsville Lanes, a luxury bowling alley, is confirmed for the basement space; the search is still ongoing, however, for a cultural institution after the Andy Warhol Museum backed out of the project last year.

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Site 1 of Essex Crossing

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