🌱 260 South St. Development + Second Avenue 'Treetops'

Happy Tuesday, neighbors! I am your host, Patrick Murray here with three headlines to start your day off right.

First, today's weather:

A little afternoon rain with a high of 56 and a low of 48.

Here are the top stories today in Lower East Side-Chinatown:

1. Developer Joseph Chetrit closed on a purchase of a Two Bridges development site. The 260 South St. location was purchased from CIM Group and L+M Development Partners for $78 million. According to reports, Chetrit is planning for construction of a 1,300-unit complex between 64, and 70-story towers. (The Real Deal)
2. A new development on the corner of Second Avenue and East Houston Street is nearing its maximum height. The 10-story building, named Treetops, will feature 10 full-floor luxury apartments, and the completion date is set for July 2022. Resident amenities will include ground floor storage space, and an onsite gym. (Bowery Boogie)
3. Unlicensed marijuana dispensaries continue to open in Lower Manhattan despite warnings from state regulators. These dispensaries, such as Street Lawyer Services in the Lower East Side, have adopted a "gifting" model that allows them to sell digital content, and offer marijuana products as additional gifts. The state Office of Cannabis Management has taken note and has responded by sending out 52 “cease and desist” letters so far. (Gothamist)

Today in Lower East Side-Chinatown:

• "8 Mile" screening at The Metrograph. (2:15 p.m.)
• Tuesday night showcase at Parkside Lounge. (7 p.m.)
• The Variants live at Arlene's Grocery. (7 p.m.)
• Next Slide Please, comedy show at Caveat. (7 p.m.)

From my notebook:

• See pets available for adoption in your area. (Lower East Side-Chinatown Patch)
• Take a look at job openings in the Lower East Side. (Lower East Side-Chinatown Patch)
• Teatro Latea announces the first "4xLatiné" event! (Broadway World)

More from our sponsors — thanks for supporting local news!

Events:

• Can market volatility help you pursue your financial goals? (April 5)
• The OMNI Ensemble Concludes its 39th Season at the Brooklyn Conservatory of Music (April 9)
• We Refuse to Let the U.S. Supreme Court Deny Women’s Humanity & Decimate Their Rights! (April 9)
• Benefit Concert for Ukraine (April 10)
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Announcements:

• Behind The Scoreboard — Ed’s Love of Baseball (Details)
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Now you're in the loop and ready to start this Tuesday off right. I'll see you soon!

— Patrick Murray