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BROOKLYN, NY-L+M Development Partners has opened the largest full-service grocery store in South Williamsburg in a new mixed-income, mixed-use building at 11 Broadway. Urban Market of Williamsburg is a 16,000-square-foot store. Rob Morea of Great Jones Realty was the tenant representative in the deal. 

Financing for Urban Market comes in part from the New York Healthy Food & Healthy Communities Fund, a $30 million fund capitalized by the Goldman Sachs Urban Investment Group, Empire State Development and administered by the Low Income Investment Fund. Established in 2010, the HFHC Fund provides capital grants and loans to expand the healthy food offerings in underserved neighborhoods throughout New York State.

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