750 Units Announced for W'burg Waterfront

We missed this snippet reported in Crain’s two weeks ago. Since L&M is one of the five major players in this whole redevelopment thang, this is probably just the beginning:

With final approval of the North Brooklyn rezoning expected in two weeks, New York City developer L&M Equity plans to build 750 to 800 housing units on the Williamsburg waterfront. Ron Moelis, partner of L&M Equity, says his company plans to begin construction on four-and-a-half acres early next year with partner RD Management. Mr. Moelis says L&M hopes to build about 200 affordable housing units.

L&M Plans 750 Units on Waterfront [Crain’s]