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75 Essex Street Redevelopment Project

Sector: Hospital • Location: New York, United States

Source: Crain's New York Business

Project
Delayed/Foreclosure

Redevelopment of the historic 75 Essex Street building on the Lower East Side, originally an 1890 hospital, into an 18-unit residential project with a 12-story tower atop the existing 4-story structure. The project was planned with a $9 million construction loan but has faced foreclosure due to loan default and no construction progress.

Status
Prospective
Sector
Hospital, Residential, Road, Commercial
Location
New York, United States of America
Updated
22 Jul 2026
Source
Crain's New York Business

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Project Information

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The project “75 Essex Street Redevelopment Project” is an infrastructure initiative in the Hospital sector, located in New York, New York, United States. Taiyo aggregates data on it from Crain's New York Business.

Participants

Not available for this record.

Status

Original status

delayed/foreclosure

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Redevelopment of the historic 75 Essex Street building on the Lower East Side, originally an 1890 hospital, into an 18-unit residential project with a 12-story tower atop the existing 4-story structure. The project was planned with a $9 million construction loan but has faced foreclosure due to loan default and no construction progress.

Original sector

Built Sector

Budget

Location

Country

United States of America (USA)

State

New York

City

New York

Source

Source

Crain's New York Business

URL

More Details

Record type

Project

Sector

Hospital, Residential, Road, Commercial

Article published date

2025-12-22

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