One Manhattan Square

Skyscraper in Manhattan, New York From Wikipedia, the free encyclopedia

One Manhattan Squaremap

One Manhattan Square (also known as 225 Cherry Street or 252 South Street) is a luxury residential skyscraper building developed by Extell Development Company in the Two Bridges neighborhood of Manhattan, New York City. Built from 2014 to 2019, the skyscraper was built on the site of a former Pathmark grocery store, which was demolished in 2014.[2] The building topped out in 2017 and stands out significantly within the context of the neighborhood, at 847 feet (258 m) in height, the next highest structure being the Manhattan Bridge at roughly 336 feet (102 m) in height.[3] The building topped out in September 2017 and was complete by August 2019.[4][5] A 13-story affordable housing component is located separately on-site.[6]

Quick Facts 252 South Street, General information ...
252 South Street
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One Manhattan Square and Manhattan Bridge (August 2022)
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General information
StatusCompleted
TypeResidential, retail
LocationManhattan, New York, United States
Coordinates40.710394°N 73.991388°W / 40.710394; -73.991388
Construction started2014
Topped-outSeptember 2017
Completed2019
Opening2019
Cost$250M
OwnerGary Barnett
ManagementExtell Management Services
Height
ArchitecturalGlass
Roof847 ft (258 m)[1]
Top floorPH
Technical details
Floor count80
Floor area939,850 sq ft (87,315 m2)
Design and construction
Architect(s)AAI Architects, P.C., Dattner Architects
DeveloperExtell Development Company
Main contractorExtell Development
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Flood plain construction

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One Manhattan Square (right, foreground) under construction in 2017

One Manhattan Square was constructed well within the 100-year flood plain on a block that was flooded by Hurricane Sandy.[7][8] However, Extell did not respond to City & State New York questions about what, if any, flood mitigation steps were taken during its development and construction.[7]

Sales and incentives

Sales began in November 2016, with closings from February 2019.[9] After eight and a half years of sales the building was just 69% sold as of April 2025.[9] As a financial incentive, by May 2023 the building had begun paying 2% of buyers' mortgage rates for three years, an incentive worth as much as $250,000 or more off the face value of sales prices.[10]

Controversies

The neighborhood's residents immediately reacted to the closing of the old Pathmark supermarket, claiming that gentrification would prevent them from being able to buy affordable groceries. Once the Pathmark closed, other markets in the neighborhood became more expensive.[11]

Other residents of the area opposed the project because the tower would be out of context with the rest of the vicinity. Its design has also been compared to a cheese grater.[12] Extell Development Company initially proposed a tower of 800 feet and 68 stories at the site in 2014,[13] temporarily reduced to 700 feet and 56 stories, but ended up building it to 847 feet and 80 stories at completion. There were concerns over the transit infrastructure not being able to support such a development.[11]

Additionally, several dozen area residents organized into a protest in April 2015 claiming the project made unequal the future residents of the affordable housing portion and those residing in the luxury tower. Some claimed the separate affordable building, restricted to a 13-story structure, acted as a "poor door" for the overall development.[14]

References

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