Move-ins Begin at Second Affordable Senior Building at Essex Crossing

Posted on: March 3rd, 2020 at 5:08 am by

Another Essex Crossing development just came on line. The affordable senior building at 140 Essex Street is open.

Tenant move-ins began and are ongoing, according to the latest news blast from the consortium of developers behind the billion-dollar project.

There are a total of 92 affordable studio units in the eight-story residence (aka Site 8). A lottery lauched over the summer, eligible to senior households (age 62+) earning between zero and sixty percent of Area Median Income. Residents living in Community Board 3 received preference for fifty percent of the housing stock, with an additional priority granted to former SPURA site tenants displaced in the 1960s.

Designed by Beyer Blinder Belle, the eight-story mixed-use tower at 140 Essex is over two years under construction, and sits atop the ashes of a former Essex Street Market building. Residents will have access to a second-floor residential terrace, laundry room, and eighth-floor library.

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