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The Building that is Changing the Lower East Side

Driving down the FDR or across the Manhattan bridge, you probably have noticed a rising tower positioned near the Manhattan bridge. What is that building you may wonder?

We have written countless times about the exciting change that a large portion of lower Manhattan is experiencing from the opening of the Four Seasons first private residences in New York at 30 Park Place to the revitalization of the Seaport District spearheaded by the injection of $1.5B by the Howard Hughes Corporation.

The most recent transformation for lower Manhattan, in an area of the Lower East Side close by to the Seaport District, is Extell's newest glass tower, One Manhattan Square. Extell, which has transformed other areas of the city such as 57th Street with its One57 project seems to be doing the same for this neighborhood of the Lower East Side. One Manhattan Square is slated to soar to 800 feet tall, and because of its extensive amenity offerings, has been dubbed "the vertical village." How will this new super tall, luxury building change the Lower East Side neighborhood?

Extell celebrated the launch of sales at this new downtown skyscraper with a party at the expansive sales gallery. Guests were able to see the building model firsthand, and gain a perspective of how it will fit into the skyline along the FDR Drive, close to the Manhattan Bridge. Because of its location, One Manhattan Square will offer some of the best rive and skyline views downtown.  

252 South Street
One Manhattan Square Sales Launch

Additionally, guests listened to remarks from Extell CEO Gary Barnett as he discussed how excited Extell is to bring a luxury product of this magnitude to the area. The sales gallery gave guests a slight perspective into the views that residences will have as well as an up close look at the kitchen and bathroom finish packages.

One Manhattan Square
Gary Barnett Extell

About One Manhattan Square

The new project will be located at 252 South Street, located at the crossroads between the Seaport District and the heart of the Lower East Side. Its proximity to both makes it ideally situated for access to an expansive array of city culture. The Lower East Side is one of the most dynamic neighborhoods of the city, filled with energy, culture, and style. Here, one can find a place where glamour meets grungy, where beautiful street art is located next to some of the most fashionable stores, bars, and restaurants. 

Key Facts:

  • 800 foot-tall modern, glass tower

  • Interiors by Meyer Davis

  • Exterior gardens designed by internationally-acclaimed landscaping architects, West 8

  • 100,000 + square feet of indoor and outdoor amenities

  • Availability starting with 1 bedroom units

  • **The building has a tax abatement for 20 years.

The residences at One Manhattan Square will offer panoramic water and skyline views, especially on the higher floors, because of the building's unique location. Buyers will have the opportunity to select from two kitchen and bath finish packages, either the Dawn or Dusk package. The latter being comprised of darker materials. Residences will feature oak flooring, custom, imported finishes, kitchens outfitted with Miele appliance packages and Dornbracht fittings,  and marble walls in the master baths. 

Amenities have been a differentiator for developers in a very competitive new development market, and the amenity package at One Manhattan Square is extensive to say the least, and unlike many we have recently seen. 

The building will offer over 100,000 square feet of indoor and outdoor amenities that will render it its own "little village" of sorts. 

Outdoor: expansive gardens and courtyards including social courtyards, outdoor kitchen and dining spaces, a tea pavilion, and fire pits.

Indoor: a multi-level wellness center that will include a squash court, golf simulator, pool, spa, and access to classes such as spinning, yoga, and dance. Additional indoor amenities will include a cellar bar, culinary lounge, bowling alley, screening room, and children's playroom. 

Example Availability: 1 Bed/1 Bath offered at $1,179,000 with estimated monthly common charges of $775 and estimated monthly real estate taxes with the 421A abatement of $13.

Interested in living downtown and experiencing the exciting transformation of the area? Please contact us for more information about One Manhattan Square or to schedule your private appointment.



Images: Shelly Kroeger and BFA