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An affordable housing organization that has been a staple of the Lower East Side for more than 40 years is bringing a new residential project to the neighborhood.
The nonprofit Grand Street Guild recently filed plans with the Department of Buildings for a project at 145 Broome St. that will span about 167,000 square feet with 191 units, all of which will be affordable. It will stand 16 stories and 190 feet tall with space for a community facility on the ground floor.
A representative for Grand Street Guild did not respond to a request for comment by press time.
Grand Street Guild formed as part of an effort by the federal government in the late 1960s to provide more affordable housing through the construction of taller residential buildings, according to the organization’s website. The nonprofit houses more than 1,500 residents across 600 apartments in three 26-story Lower East Side towers at 410 Grand St., 460 Grand St. and 131 Broome St. The buildings were completed in 1973 and underwent $65 million worth of renovations starting in 2009.
Grand Street Guild also filed plans in 2019 for a new building at 165 Broome St. that would stand 15 stories tall with 232 residential units. Construction on that project is ongoing, according to the group’s website.
Plans for large, new multifamily buildings in Manhattan have been few and far between lately, although a few other developers are planning projects with more than 100 units in the borough. These include Douglaston Development, which hopes to build a 125-unit high-rise at 1448 Third Ave. on the Upper East Side, and Chess Builders, which hopes to build a 188-unit project at 622 11th Ave. in Hell’s Kitchen. Many components of the housing deal in the recently passed state budget are meant to help boost housing production in the city.
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Eddie Small , 2024-05-02 18:25:17
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