The Real Deal New York

L+M files plans for resi building on Avenue D

Developer bought Alphabet City property for $12.5M last year

January 22, 2015 12:43PM

From left: Avenue D and L+M Development's Ron Moelis

From left: Avenue D and L+M Development’s Ron Moelis

L+M Development Partners is planning a new, 12-story building in Alphabet City.

L+M bought the site at 79 Avenue D in 2014 for $12.5 million. The building will include 108 residential units, spread across 88,170 square feet, according to Department of Buildings permits cited by New York YIMBY. The project also includes 7,868 square feet of commercial space.

The size of the units will likely average about 800 square feet, according to the website.

The building — located across from the Jacob Riis Houses — spans most of the block on Avenue D between East 6th and East 7th streets. The developer has yet to file demolition permits for the existing structure at the location. [NY YIMBY] — Claire Moses

 

  • Two Piece and Biscuit

    Is this IN the projects? Nice.

  • that little map diagram is wrong…lower east side is above east village — as they have Ave D over what is clearly Stuy Town & Peter Cooper Village — which is FAR from considered being projects, buddy. Peter Cooper is beyond awesome — 110 Buildings, on 88 acres, for 11,000 UNITS!! largest & cleanest property in the city!! And was the largest single residential transactions in American History when Tichman ‘took’ it for $5.3BB++++

    • Two Piece and Biscuit

      That’s not PCV/Stuy Town. Those are the alphabet city projects.

  • hellothere

    Avenue D? They really dropped off the maps

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