Overview
A new model for affordable housing.
- Property Type:
Residential
- Construction Type:
New Construction
- Square Footage:
637,000 GSF
- Units:
660 Rental; 25% Affordable
- Phase:
Pre-development
- Exterior Material:
Terra cotta
Another JDS and SHoP Architects collaboration, 247 Cherry Street will be a 77 story, mixed-income rental building of 639 units on Manhattan’s Lower East Side. 25% of the building will be permanently designated as affordable units, distributed throughout the building. Clad in green terra cotta, the building includes sky decks, a community garden and meeting space, as well as significant improvements to the neighboring building to ensure that it remains a source of affordable, high-quality homes for the next generation.
Project Details
Landscape
New landscaping, a community courtyard, outdoor seating, and improvements to the pedestrian streetscape are designed by SCAPE Landscape Architecture.
Job Creation
247 Cherry Street will create high-quality local jobs during construction and long-term local employment through new retail and building services
Affordable Housing
25% (approx. 160 units) will be permanently designated as affordable housing. All affordable units will be integrated throughout the building and all tenants will have access to the same amenities.
New retail space along Cherry St. and Rutgers Slip.
Team
- Developer:
- Architect:
- Landscape Designer:
