Delancey Street Associates, the consortium building Essex Crossing, announced today the topping out of 115 Delancey St. That’s a 26-story residential tower on the southeast corner of Essex and Delancey streets.
In addition to 195 rental apartments, the building will include a new version of the Essex Street Market, the first part of the Market Line shopping pavilion, a 14-screen Regal movie theater and a rooftop farm. The tower, located on site 2 of the former Seward Park Urban Renewal Area, is the tallest in the whole 1.9 million square foot project.
In a statement, Project Manager Isaac Henderson said, “This marks a major milestone for Essex Crossing because in many ways 115 Delancey is our centerpiece.” 115 Delancey was designed by Handel Architects. It is the last of four buildings in the first phase of Essex Crossing to reach its full height. An opening is anticipated in 2018.
The building will include 98 apartments set aside for low- and middle-income families and individuals. The city-sponsored lottery for those affordable units will likely open next month.
Earlier this week, the International Center of Photography announced it would be moving into a 40,000 square foot space on the west side of Essex Street. The first phase of Essex Crossing also includes a 17,000 square foot bowling alley called Splitsville Lanes, a Trader Joe’s, a Target store and a medical center operated by NYU Langone Health.
Late last month, Delancey Street Associates released renderings for sites 3 and 4, which are part of phase 2. The building on site 4 (located at Clinton and Delancey streets) will be 25 stories. Like 115 Delancey St., it is being designed by Handel Architects.
See below for a rendering of 115 Delancey St., plus current photos of the construction site.