In 2013, real estate developer Extell headed by Gary Barnett acquired a former Pathmark grocery store site at 227 Cherry Street east of the Manhattan Bridge.

In 2014, Extell announced that it would build a 68-story market-rate condo tower and a separate 13-story affordable development on the site.

[9] The district includes the following landmarks on state and federal historic registers: For much of the 20th century, the area was mainly populated by European immigrants such as Jewish, Italian, Irish, and Greeks.

[4] Starting in the 1960s, an influx of Chinese immigrants mainly Cantonese speaking coming from Hong Kong and Guangdong province began flooding into the nearby Chinatown neighborhood, but eventually as it could not accommodate their continuing growing influx, many of them began settling and overlapping into the Two Bridges area.

Some significant numbers of Fuzhou dialect speakers also settled into the neighborhood by the early 1980s, but eventually by the late 1980s and through 1990s, their growing population eventually grew to become the largest population of the area, creating their own Fuzhou Chinatown distinct from the original Cantonese Chinatown from The Bowery going west.

Restaurants, markets and intercity bus lines run by Foochowese concentrate in East Broadway.

[25][26][27][28][29] Two Bridges was historically an Irish and Italian neighborhood, but after the war and the building of public housing high-rises in the 1950s, black and Hispanic residents moved into the area.

Guns N' Roses guitarist and area resident Richard Fortus called Two Bridges "the only neighborhood left in Manhattan that doesn’t have a Starbucks".