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After plans were unveiled earlier this year for a 77-storey addition to the Manhattan skyline, The Department of City Planning has finally decided to move forward on the application. Leading New York City builder JDS Development is behind the project at 247 Cherry Street, which will feature a design by SHoP Architects.
The terracotta brick and glass tower would stand on a site just east of the Manhattan Bridge and host approximately 600 apartments, 150 of which would be classified as affordable units. The unit composition would be broken down between studios, one-, and two-bedroom layouts. On the ground, a 10,000-square-foot retail component would augment a new plaza at the tower's base.
The neighbouring seniors residence will not be affected by the development, though the small community centre currently occupying the site would be replaced by a 4,600-square-foot facility within the tower. The seniors residence would also undergo upgrades to the lobby. The development would rise next to Extell's comparably scaled One Manhattan Square project.
The application has been embroiled in litigation after developers Gary Spindler and Roy Schoenberg sued Two Bridges Neighborhood Council and Settlement Housing Fund. They claim the nonprofit reneged on an earlier agreement and instead sold the air rights for a more lucrative $50 million USD to JDS Development. City Planning had refused to review the application, but Spindler and Schoenberg have since withdrawn their plans for the property.
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