Lower East Side Partnership Takes Space at Essex Crossing
The local organization recently signed a ten-year lease for 3,400 square-feet of space on the fourth floor of 175 Delancey Street (aka Site 6).
Doing so is likely a play to extend the reach and boundaries of the business improvement district. With that comes providing local businesses with services like street cleaning, neighborhood events and promotional marketing. And further gentrification.
Rent info on the space was not disclosed.
“The new space at Site 6 will allow our organization to expand its services and increase its overall impacts in growing our local economy and improving quality of life,” Partnership president Tim Laughlin told the Commercial Observer last week.
The Chinese-American Planning Council, which is working on a two-towered development atop the ruins of Beth Hamedrash Hagadol, also signed on. They inked a deal for 8,520 square-feet of floor area on the third floor of the building.