Lower East Side Links

–Here’s a story well known to TLD readers. Now it’s receiving citywide coverage. ‘Three years ago, the city selected Delancey Street Associates to build the nine-block, $1.1 billion Essex Crossing residential, commercial and retail project on the Lower East Side. That’s when things went south for the vendors at the Essex Street Market, the indoor bazaar across the street that was created by Mayor Fiorello LaGuardia in 1940.” [Crain’s]

–RXR Realty will offer $463 million in financing for three projects by Extell Development, including the huge One Manhattan Square tower on the Lower East Side. [Real Deal]

–A three-story building at 216 Bowery has sold for $13 million. The price per square foot is almost double the going average in Manhattan. [Real Estate Weekly]

–The Hotel and Motel Trades Council has endorsed Yuh-Line Niou in the April 19 special election to fill Sheldon Silver’s Assembly seat.  Niou is running on the Working Families Party line. The hotel workers union ‘is a key part in the organized labor alliance that makes up the WFP.’ [Observer]

–Federal investigators are zeroing in on an alleged plot to illegally register buses in Pennsylvania that made trips to New York’s Chinatown. [The Morning Call]