Two More Monster Towers Coming to Lower East Side?

For as far back as anyone can remember, the Lower East Side riverfront has been low-rise, low-income, and low-profile. Today there is yet another dose of news that those days are numbered.

Bowery Boogie reports that L+M Partners, which acquired the low-income Lands End II development at 265-275 Cherry Street for $279 million, plans to erect two 50-story buildings, holding 1,000 apartments, on the property’s waterfront parking lots.

The new towers would rise shoulder-to-shoulder with a pair that are already under construction hard by the Manhattan Bridge: Extell’s 80-story tower at One Manhattan Square, and a 77-story tower being developed by JDS Development and SHoP Architects.

Though no plans for the proposed 50-story towers have been unveiled, a spokesman for the development team of L+M and the CIM Group said, “We are in the early stages of evaluating development options for the site, and look forward to working closely with the community as our plans develop.”

Stay tuned for howls of protest from neighborhood activists.