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