The Lower East Side, a neighborhood long associated with counterculture, after-hours bars and tenements, is increasingly going upscale.

The change has been ushered in by high demand for new housing stock as well as major developments like the $1.1 billion mixed-use Essex Crossing project and Extell’s One Manhattan Square, a luxury condo plan that has a projected sell-out of $2.1 billion and is being exclusively marketed to overseas Asian buyers. The new development pipeline in the LES is pushing residential condo ...

Developers have surpassed the 50,000-unit milestone for new condos planned for east of Interstate 95 in Miami-Dade, Broward and Palm Beach counties since 2011.

If every proposed unit is constructed, developers will have created more new condos during this real estate cycle, which began in 2011, than in the previous stretch from 2003 to 2010, when fewer than 49,000 units were created in coastal South Florida, according to research from the preconstruction condo projects website CraneSpotters.com.

As of the week of Feb. ...