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Two Bridges development project halted

A state justice in Manhattan ruled that the Two Bridges development project on the Lower East Side could not continue as planned, issuing a stinging rebuke to developers who have wanted to build three luxury waterfront apartment towers with some affordable units.

  • Dig Deeper: The justice, Arthur Engoron of State Supreme Court, overruled a city agency’s approval of the project in 2016, ordering the developers to essentially start over and go through the city’s lengthy and arduous public review process. He explained that the development would overwhelm the neighborhood, disrupt the character of the area and displace less wealthy residents, according to NYTimes.
  • Worth Noting: The City Council, whose members filed the lawsuit against the project will have the final say at the end of the public review period.
  • There will be lawyers: The developers — JDS Development Group, Starrett Development and a JV between CIM Group and L+M Development Partners — will appeal the ruling. 

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