This is What the Retail will Look Like at Extell’s One Manhattan Square [PHOTOS]

Posted on: October 7th, 2016 at 9:37 am by
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Last night, as per usual, a delegation from Extell Development Corp. and construction manager Lend Lease provided a community briefing about the waterfront bonanza sprouting before our eyes.

The 80-story reality of One Manhattan Square on the waterfront has settled in during this gradual ascent of the superstructure. Neighbors are now forced to live with it. That likely explains the more cordial tenor of these quarterly construction meetings. One of forced compromise.

Nevertheless, there was pretty good transparency about the timetable to completion and what neighbors can expect over the next couple years. Here are some updates gleaned from the meeting.

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One Manhattan Square (250 South Street)

  • Installation of the glass panels (aka the “curtain wall”) will begin within the next week or so.
  • Completion of the concrete superstructure, which will reach more than 800 feet into the sky, is slated for the summer of 2017.
  • Full construction completion is still on target for the third quarter of 2019.
  • The retail spaces will be white-box available for prospective tenants at the end of 2018.

“Poor Door” Affordable Building (229 Cherry Street)

  • The four-story platform on which the affordable building sits is now complete.
  • Construction on the balance of the structure to start within the next four weeks.
  • It’ll top out in the second quarter of 2017; completion on track for one year later.
  • Monadnock Construction will take over site management from Lend Lease for this part of the project.
  • Residential composition:
    • There are 205 units split between studios (49), one-bedrooms (51), two-bedrooms (104), and one for the onsite super.
    • 50% of the units are allocated for locals.
    • Eligibility based on 60% of area AMI, between $36K and $52K.
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The Retail Spaces

  • The wraparound retail at the corner of Cherry and Pike Streets is still earmarked for a pharmacy and “affordable” supermarket. We were told that talks are ongoing with a couple of potential suitors.
  • The other two stores are on Cherry Street and Pike Street.
  • As previously reported, Extell holds the long-term lease on half the Pathmark Pharmacy building (until 2049) where Lend Lease currently operates its field office. There is talk about bringing a pop-up shop of some sort to a portion of this space.

Streetscape

  • There will be more than a dozen trees planted along the perimeter of South and Pike Streets.
  • Con Edison infrastructure (i.e. new steam pipes) beneath Cherry Street prevent trees from being planted here.
  • There are two curb cuts for the project site.
  • Loading dock shares an entrance to the parking garage.

Traffic

  • There is concern among neighbors that the traffic along South Street will significantly worsen once these buildings – and the newer ones – go live in the next several years.
  • Concern about garbage disposal placed so close to 82 Rutgers.
  • There will be conversations with DOT in the next few months to discuss surveying the traffic situation.

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