The Urban Land Institute New York honored the Lower East Side development team for excellence in mixed-use development Thursday evening.
LOWER EAST SIDE, NY — Essex Crossing’s first phase won a top award for mixed-used development Thursday.
The Urban Land Institute New York honored the Lower East Side development team for excellence in mixed-use development at a gala Thursday evening.
Delancey Street Associates, a partnership of developers, was awarded alongside nine other development teams, including Larry Silverstein of Silverstein Properties with a first-ever visionary leadership in land use award, the Silverstein Properties of 3 World Trade Center in the Financial District, citizenM for the New York Bowery Hotel, and Rose Associates and DTH Capital for re-purposing the tower at 70 Pine Street for apartments.
Essex Crossing is a testament to how holistic planning with community partners can yield transformative mixed-use projects, and we are honored for this recognition,” Don Capoccia, partner at Delancey Street Associates and Principal at BFC Partners, said in a statement. “It’s been incredibly rewarding to deliver much needed housing, community and cultural space, the city’s largest market, a new park and the first class A office space in the neighborhood to the Lower East Side. These are the sort of public-private collaborations we need to see more of across the city and we look forward to completing the next phase of Essex Crossing.”
The Essex Crossing sites sat vacant since the late 1960s after walk-up tenement buildings were demolished, displacing more than 1,800 families, the New York Times reported in 2017. Decades of debate left the lots empty or filled with parking spaces.