As previously reported, a 13-story mixed-use building is in the works for this SW corner including the parcel adjacent to the former market on Fifth Street...
This past March, NY Yimby first reported on the details of the new development in the works:
The proposed 125-foot-tall development will yield 62,200 square feet designated for residential space. The building will have 85 residences, with an average unit scope of 731 square feet. The concrete-based structure will also have 15 inclusionary housing units and a cellar but no accessory parking.
No word yet on a start date for the demo.
In recent years, several new developments, including the Adele ... Arabella 101 and NIKO East Village, have risen along this Avenue D corridor.