SHoP has unveiled the design for a new 900 foot tall skyscraper in Manhattan’s Lower East Side. The 77 story, 500,000 square foot, mixed-income tower will have 600 units, 150 of which will be permanently affordable and distributed evenly throughout the building. The project has been developed as a collaboration between SHoP and JDS who are co-owners of the development, with the partnership of two not-for-profit groups: Two Bridges Neighborhood Council (TBNC) and Settlement Housing Fund (SHF).
JDS and SHoP believe that partnerships like this can be used in other parts of the city to help build more affordable housing and aid in not-for-profit group goals. Built on a site adjacent to TBNC senior housing, the project will make improvements to the adjacent property including a new lobby, a connected community space on the first floor of the new tower, and access to a roof garden. The project was able to be developed through the sale of air rights owned by TBNC and SHF, allowing affordable housing to be built without public subsidy, and for these organizations to support efforts and goals in the broader neighborhood.
