At More Than 60 Stories, Extell’s Inescapable ‘One Manhattan Square’ Dwarfs the Manhattan Bridge

Posted on: June 28th, 2017 at 5:00 am by

It finally happened. The Manhattan Bridge is now dwarfed by its neighbor, One Manhattan Square.

With Two Bridges residents focused squarely on stopping the three supertall developments invading the area, the controversial “trailblazer,” Extell’s One Manhattan Square, remains the 800-foot elephant on the waterfront. Three years into construction, the superstructure is getting glassed, and has already surpassed sixty stories. About three-quarters of the way to the top.

Its sight in the Lower East Side skyline is now unavoidable. The eyesore is visible from nearly all points on the Lower East Side.

In addition, more than 100 units have sold since open season began. And who’s buying? The Real Deal interviewed Gary Barnett in March:

A lot of domestic Asian, not foreign so much. Either they live in Flushing or Downtown Manhattan, and they want to make an investment in real estate. Some of them are going to move in, or their kids will. And some are going to rent it out. What I’ve seen is once the buildings are completed and sold out, invariably the prices go up. Because then you’re only seeing one or two on sales at a time.

Donna Olshan of Olshan Realty is drinking the Kool Aid and points out the obvious, that the project risky. “I’ve never seen anything that large, and in an area in Manhattan that would be considered remote,” she told Bloomberg this spring. “This is a new location — an untested, unproven location — and they’re trying to build a community around it. It’s gutsy any way you slice it, no matter what the market is.”

In other news, the suits from Extell are holding their usual quarterly community meeting later this evening. It’s at 82 Rutgers Slip, 6:30pm.

Recent Stories

Revisit Martha Diamond’s ‘Urbanist Art’ and Life on the Bowery Since 1969

In case you missed Martha Diamond’s show at Magenta Plains on Allen Street back in January, the career-spanning exhibit at the Lower East Side gallery is now online. For a limited time, visitors to online viewing room will gain access to not just the past exhibit, but also an overview of Diamond’s career. There’s a […]

The Shameful State of Sara D. Roosevelt Park [OP-ED]

The following editorial was written by longtime Lower East Sider and lifelong New Yorker Arthur Karpati. When I moved to the Lower East Side in 1999, I did so because of the dynamic nature of the neighborhood. Long one of the city’s great cultural crossroads—from Chinatown to Little Italy to Loisaida—it has also, in recent […]

Uncapped: The Making of The Unauthorized Biography of Ree 2

Boogie Fam! It sure has been a while. Have you checked out the Bowery Boogie Uncapped (BBU) Podcast? Launched during the pandemic, we are now three seasons deep and chock full of interviews with graffiti pioneers, street artists, Boogie affiliates and most recently, a song debut. You know that country we emancipated from in 1776? […]

Teenager Attacked by Panhandler Asking for Dollar in East Broadway Station

The East Broadway subway station bolsters its reputation as haven of crime this week with reports that a teenager was attacked by an aggressive panhandler. According to police, at 8:15am last Sunday (September 12), an unknown man approached a 16-year-old boy asking for a dollar. When the teenager refused, the suspect followed, and muttered racist […]

Woman Threatens Customers with Stool at King Dumplings on Hester Street

Wednesday evening, a woman was spotted harassing customers at King Dumplings on Hester Street. Our tipster says that the belligerent demanded $10 from the group, and when she was ignored, grabbed a stool and threatened violence. Prior to that incident, the woman jumped on the hood of a livery cab. She also grabbed a person […]