L+M Development Partners Inc. has a strong commitment to investments in emerging marketplaces.
Our work is based on the belief that affordable housing goes hand in hand with social responsibility. Our vision for vibrant neighborhoods has transformed the urban landscape all over New York City.
L+M has consistently been on the cutting edge of urban development and workforce housing.
Because of our reputation for creative approaches to mixed use and mixed income developments and emerging market rate luxury housing, community leaders and government housing agencies consistently turn to L+M as the preferred choice for development partner and builder. Our ability to take an “outside the box” view of development has led to innovation and success.
Our roots are deep
Beginning in the 1980s, as the first developer to integrate federal low income housing tax credits with New York City’s Vacant Building Program, we continued through the years to work with government and financial institutions to help create new programs that utilize private activity bonds and the as-of right tax credits that accompany them. Building on that success, L+M created the model for mixed income homeownership, developing condos in Harlem, Brooklyn, and the Bronx. More recently, L+M was the first developer to implement an onsite inclusionary market rate condo in Brooklyn.