The museum has decided to end negotiations for a 70,000-square-foot space at the megaproject site
First it was the Andy Warhol Museum in early 2015 that canned plans to open an Essex Crossing outpost; now the Children’s Museum of Manhattan has decided to ax negotiations to occupy a 70,000-square-foot space within the Lower East Side megaproject, reports Crain’s (h/t The Real Deal).
After experiencing a steady surge in its number of visitors, the Upper West Side museum has been on the hunt to nearly double their current 37,000-square-foot space. But the essentials didn’t fall into place for Essex Crossing to work out. "Location, financing, timing—all those things have to line up," stated the museum’s executive director Andy Ackerman.
The museum is now reportedly exploring other options in the Financial District and on the Upper West Side. As for Don't worry, Essex Crossing still counts Trader Joe’s, Planet Fitness, and a luxury bowling alley among its future tenants.
As the development takes shape piece by piece, the project’s first set of condos at 242 Broome Street recently launched sales in the building. The SHoP Architects and DXA Studios-designed apartments are priced from $1.275 million.
- Children's Museum nixes move to Essex Crossing [Crain’s]
- Children’s Museum ditches Essex Crossing [The Real Deal]