11-Story ‘Micro Unit’ Development Planned for Derilect Essex Street Property

Posted on: January 22nd, 2019 at 5:00 am by

Ten years after tenants were vacated from 11 Essex Street, the next chapter is finally poised to unfold. And as expected, involves demolition and a glitzy new development.

As previously reported, real estate scion Sion Misrahi parted with the neglected property in August of 2017 for $11.4 million, sixteen years after his acquisition and subsequent liquidation of the predominantly low-income tenants. The new owner (11 Essex Realty LLC) is now underway on an eleven-story replacement “catering to young professionals,” in its own words. It’ll sport thirteen one-bedroom and three two-bedroom micro-units, plus a full-floor Penthouse.

Architect of record is TRA Studio.

Photo: TRA Studio

There’s a lot of talk about apartment size, or lack thereof, in the literature.

This slender 120’ tall mixed use building, located on a shallow lot in the lower East Side , houses thirteen one bedroom micro-units apartments, ranging from approximately 500 sf and three two bedroom full-floor Penthouse units, catering to young professionals.

The disciplined flow of spaces makes the apartments feel bigger and extremely comfortable. Each unit has ample closets and a private laundry are, amenities include rooftop recreation space, a 16’ high Lobby and a bike storage area.

Meanwhile, demolition plans were approved by Department of Buildings one month ago.

Photo: TRA Studio

[h/t City Realty]

Recent Stories

SLA Suspends Rochelle’s on Chrystie Street for COVID Violations

Another Lower East Side bar was caught flouting state COVID-19 related regulations earlier this month. The state’s multi-agency task force busted Rochelle’s (aka Leave Rochelle out of It) after an inspection on October 9, Governor Cuomo’s office announced late Friday. Investigators observed seven patrons standing and mingling inside 19 Stanton Street without face masks. The […]

Tombstone Secured for Homeless Man Beaten to Death on the Bowery Last Year

Earlier this month marked one year since four homeless men were murdered while asleep on the Bowery. Since the anniversary, a fundraising campaign to secure a tombstone for one of the victims was successful. Chuen Kwok had fallen on hard times after the passing of his partner. He eventually found refuge living on the streets […]

The Shadow of Rezoning Looming over SoHo and NoHo

The battle lines are drawn. As Mayor de Blasio embarks on a last-minute gambit to rezone the historic districts of SoHo and NoHo before his term ends, a coalition of community groups and activists are preparing for a battle to prevent the city from pitching the proposal in the name of affordable housing under the […]

Drunk Driver Struck Man on Moped at Bowery and Delancey

A man is in critical condition after an SUV, operated by a driver police believe was intoxicated, struck his moped at Bowery and Delancey Street early Wednesday morning. Police said the Toyota RAV4 turned onto Delancey from the Bowery at around 2:00am, where it struck the 38-year-old on the moped. Paramedics rushed the victim to […]

The Chic COVID Test in Little Italy that Costs $300

In a clash between the Pre-Covid New York CIty and the new, abnormal, meet Rapid Test NYC. This new endeavor brings boutique COVID-19 testing to Little Italy, with its no-wait rapid swab testing at 232 Elizabeth Street. No lines and a posh waiting room await the discerning citizen looking for immediate results. The interior has […]