IMPACT OF MIXED USE DEVELOPMENTS

250 East 57th Street will significantly transform the neighborhood by providing new, state-of-the-art school facilities, a grocery store, and a mix of rental and for-sale residential units.   The almost one million square foot mixed-use development will anchor the 57th Street retail corridor by further expanding the shopping district and adding amenities to accommodate the neighborhood’s growing residential population.

 

As the anchor retail tenant, Whole Foods Market will have a strong impact on the continued growth of this East Side neighborhood, much like it has had in the Manhattan neighborhood’s of 14th Street in Union Square, Columbus Circle on the West Side, the Bowery on the Lower East Side and Tribeca in Lower Manhattan.