Construction has wrapped up at 242 Broome, a 14-story, 55-unit condo tower from developers Taconic Investment Partners, L+M Development Partners, and BFC Partners. The project is located on the corner of Broome and Ludlow Street, anchoring the western boundary of the new 9-building Essex Crossing mixed use development on the Lower East Side. SHoP Architects’ massing for the tower follows a typical podium and setback tower strategy, creating a sixth story outdoor terrace. The tower slopes inward at the southwest corner, opening up the terrace to more light and views.
Adjacent to the residential tower, the site will also feature a four-story, 17,735 square foot structure that will house the International Center of Photography’s museum and school.
Installation has begun on the bronze-toned metal panel and glass curtain wall that clads the exterior. The design features faceted metal panels that frame the glass openings. At the podium, the metal panel spandrels covering the floor slabs create deep overhangs on the west facade as the form of the building torques at the southwest corner.
Condo units range from one-to-three-bedrooms, with 11 of the 55 units set aside under the city's affordable housing program. Residences will feature open concept kitchen and living spaces with typical ceiling heights of 10 feet in the living spaces.
Residents have access to a range of amenities including an entertainment lounge with kitchen, fitness center, children’s playroom, landscaped roof terrace, and residential storage.
The project includes three penthouse units, each with their own private outdoor terrace.
Architect: SHoP Architects (Design Architect), SLCE Architects (Architect of Record); Developers: Delancey Street Associates (Taconic Investment Partners LLC, L+M Development Partners, BFC Partners, Goldman Sachs); Program: Residential, Retail; Location: Essex Crossing, Lower East Side, New York, NY; Completion: 2018.