NIKO East Village debuts on Avenue D and 6th Street

The construction phase is winding down at 79-89 Avenue D, the site of a 12-story retail-residential building via L+M Development Partners.

The banner announcing the building’s name here between Seventh Street and Sixth Street was recently unveiled — say hi to NIKO East Village (H/T Dave on 7th!) …

Not sure exactly what NIKO stands for in this usage. There’s a teaser website where potential renters can request more info on the units.

In April, the affordable housing lottery launched for the building. NIKO includes 28 permanently affordable units (out of 110 total). Residents who qualify for the housing have until June 26 to apply for one of the units. Find the details here.

Amenities at the address — officially 751 E. Sixth St. — will include a fitness center, landscaped roof deck and an outdoor terrace.

The lots previously housed one-level storefronts that included a Rite Aid, which relocated one block north to the ground floor of the Arabella 101 building. Rite Aid signed a lease to return to the retail space at No. 79.

Previously on EV Grieve:
Report: Space that houses Rite Aid on Avenue D hits market for $22.5 million

Report: New 12-story, mixed-use building in the works for Avenue D

Permit pre-filed for new 12-floor building at 79-89 Avenue D

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