New York City Economic Development Corporation Essex Crossing Mixed-Use Development Project in Manhattan
Representation of the New York City Economic Development Corporation in connection with the redevelopment of the Seward Park Urban Renewal Area, encompassing nine sites on the lower east side of Manhattan. The project was structured to accomplish a number of public goals, including the development of 1,000 new residences (half market rate and half affordable) and the relocation of the Essex Street Market, an iconic public market. The project also includes 450,000 square feet of retail, 400,000 square feet of office space, community attractions, and green spaces. Our work required a public RFP process and negotiation with multiple bidders, purchase and sale agreements, condominium documents, and innovative restrictive covenants.