30 Orchard Street is a 24,000 SF ground-up, mixed-use retail and residential development that was constructed in anticipation of the emerging transformation of the Lower East Side.  Royalton acquired the stabilized retail condominium unit for a long-term investment.

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At nearby Seward Park, a 1.65 million SF mixed use development is currently under construction which will facilitate the transformation of Orchard Street and the Lower East Side into a vibrant neighborhood that attracts new energy, visitors and investment.