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L+M in the News

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James Yolles: 646.676.4488, james@risaheller.com


NEWS


The Plan: Inside Muji’s First Store in Brooklyn

Japanese variety goods retailer Muji opened its first Brooklyn store at Fifth & Wythe in Williamsburg last Friday, the retailer’s seventh store in New York City since launching in Soho a decade ago.

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Projects in Boston, Newark, and Austin Win ULI Kemp Award

Newark’s Hahne & Co Building has been selected by the ULI Terwilliger Center for Housing as the winner of the 2017 Jack Kemp Excellence in Affordable and Workforce Housing Award.

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Award-Winning Microgrid in Brooklyn “REVolutionizes” the Electricity Market

A first-of-its-kind microgrid at the Marcus Garvey Apartment complex combines two of New York City’s energy initiatives: increased use of renewable energy and improved energy consumption and efficiency.

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Retail Grows In Brooklyn, Thanks To Residential Development

New housing developments, like Greenpoint Landing, have sparked a retail surge in Brooklyn.

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L+M Development Preserves 625 Units in Brooklyn

In addition to preserving long-term affordability, the L+M team installed one of the largest solar power arrays at an affordable housing development in New York State.

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L+M, Tahl Propp Equities Nab $161M in Financing for Harlem Affordable Housing Project

Last week, L+M and Tahl Propp Equities closed on the 100% affordable housing development Lexington Gardens II in Harlem.

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L+M Development opens children’s library in Newark

L+M opens children’s library at Georgia King Village.

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Newark to vote on big push to avoid gentrification with affordable housing

In Newark, some recent high-profile projects like Hahne’s located in the city’s popular downtown section, have included affordable units voluntarily.

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Essex Crossing’s first affordable housing lottery nets over 93,000 applicants

Since March 2, 2017, New York City officials have received over 93,000 applications for affordable apartments at 145 Clinton Street.

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Brooklyn Housing Development’s New Microgrid Marks NYC’s 1st Lithium Ion Battery Project

First lithium battery used under NYC’s new fire saftey code installed at Marcus Garvey Apartments in Brooklyn.

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PRESS RELEASES


Nelson Management Group and L+M Development Partners Complete Transformation at Mixed-Income Rental Promenade Apartments

Residents Now Have Access to New Outdoor Plaza In Time For Summer

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L+M Development Partners Opens New Children’s Library at Georgia King Village

Library is Part of Larger Effort in Partnership with Prudential Financial Inc. to Preserve and Rehabilitate the 422-Unit Affordable Housing Complex

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NYS Homes & Community Renewal, NYSERDA, and Partners Announce Marcus Garvey Apartments’ $190 Million Renovation in Brownsville, Brooklyn; Extending Affordability for 40 More Years

Major Renovation to 625-Apartment Mitchell-Lama Complex Returns 80 Unoccupied Homes to the Rent Rolls and Deepens Affordability

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HPD and HDC Announce 655 Affordable Apartments to be Built in a New 100% Affordable Passive House Development in East Harlem

Existing gardens — Mission Garden, Chenchitas Garden, Villa Santurce Jardinera, and Villa Santurce — will collaborate with the development team to design their new spaces.

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Historic Hahne’s Department Store in Downtown Newark Reopens as Contemporary Residences and Exceptional Shopping & Dining Experience – Quotes

U.S. Senator Cory Booker: “I commend the local community, elected officials, including my Mayor, Ras Baraka, and business leaders for having the vision and perseverance to complete a project of such magnitude that will benefit the community for decades to come…

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Historic Hahne’s Department Store in Downtown Newark Reopens as Contemporary Residences and Exceptional Shopping & Dining Experience

Renovated Building Features Newark’s First Whole Foods, Barnes & Noble, Restaurant from Chef Marcus Samuelsson, and Community Arts Space

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L+M Development Partners Announces $185,000 in Grants to South Bronx Organizations

L+M’s Placed-Based Philanthropy Targets Communities with Existing or Slated Development, High Levels of Need

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New Rutgers University Campus Bookstore Operated by Barnes & Noble College Opening at Hahne & Co. Development

First Bookstore to be Built in Downtown Newark in Decades.

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L+M Development Partners and TD Bank Close On $52.8 Million in Construction Financing for Mixed-Income Development in Alphabet City

New “80/20” Rental Building at Avenue D and East 6th Street Will Provide 22 Permanently Affordable Homes.

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Brownsville Community Justice Center and L+M Development Partners Celebrate Opening of Youth and Community Clubhouse at Marcus Garvey Apartments

Plan for “Clubhouse” Made from Redesigned Shipping Containers was Developed by BCJC Youth Participants and Residents of Marcus Garvey Apartments.

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