Project Description
The three applicantsCherry Street Owner, LLC, an affiliate of JDS Development Group, and Two Bridges Senior Apartments LP; Two Bridges Associates, LP, a joint venture between CIM Group and L+M Development Partners; and LE1 Sub LLCeach seek separate minor modifications to the existing Two Bridges Large Scale Residential Development (LSRD) to allow for the development of three new mixed-use buildings within the LSRD. The three project sitesSites 4 (4A/4B), 5, and 6Aare located in the Lower East Side neighborhood of Manhattan in Community District (CD) 3, within the boundaries of the former Two Bridges Urban Renewal Area (TBURA). Site 4 (4A/4B) occupies the northeast corner of Block 248, Lots 15, 70, and 76, with Lot 70 owned by Two Bridges Senior Apartments, LP, Lot 76 owned by Two Bridges Housing Development Fund, Inc., and Lot 76 and a portion of Lot 70 under contract for purchase by applicant, Cherry Street Owner, LLC. Site 5, owned by Two Bridges Associates, LP, occupies Lots 1 and 2 of Block 247. Site 6A comprises Block 246, Lots 1 and 5, with Lot 5 owned by LE1 Sub LLC. All three project sites are zoned C6-4. While each of the three proposed projects are separate development proposals, their potential environmental impacts are being considered in a single document due to their physical proximity and the likelihood of their being constructed during the same or similar time periods. For a detailed Project Description, see the Draft Scope of Work.