2017 News Archives

L+M Development opens children’s library in Newark

Entry published June 23, 2017

L+M throws a ribbon-cutting ceremony for new Georgia King Village library.
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Newark to vote on big push to avoid gentrification with affordable housing

Entry published June 23, 2017

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

Entry published June 20, 2017

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

Entry published June 19, 2017

First lithium battery used under NYC’s new fire saftey code installed at Marcus Garvey Apartments in Brooklyn.
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Essex Crossing, a Renewal Project 60 Years in the Making

Entry published June 15, 2017

Phase one of construction at Essex Crossing will be completed this fall.
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Work for Audible, Live Rent-Free

Entry published May 31, 2017

Audible, tenant at Hahne & Co., is providing rent incentives to employees willing to relocate to Newark.
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Target to Open on the Lower East Side

Entry published May 1, 2017

Target announces plans to open a store in the Essex Crossing development on the Lower East Side.
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The Commercial Observer Power 100

Entry published April 27, 2017

The Commercial Observer ranked Ron Moelis #45 among the top 100 real estate leaders.
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Essex Crossing’s first affordable apartments for low-income seniors now up for grabs

Entry published April 18, 2017

The affordable housing lottery for 175 Delancey Street, also known as Site 6, is officially open.
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L+M Development Partners Poised for Growth

Entry published April 17, 2017

In its annual rankings, Affordable Housing Finance ranked L+M #1 in Preservation/Substantial Rehabs, #16 in Affordable Housing Developers and #25 in Affordable Housing Owners in 2016, up from previous years.
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NMTCs, LIHTCs Bring Affordable Housing and Community Services to NYC’s Lower East Side

Entry published April 12, 2017

How low-income tax credits turned a vision to revitalize the Lower East Side into a reality.
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Essex Crossing’s 242 Broome Street gives shape to a new Lower East Side enclave

Entry published April 5, 2017

242 Broome Street is now just a day away from topping out.
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Japanese Retailer Muji Signs 10-Year Lease in Williamsburg

Entry published April 4, 2017

Japanese retailer, Muji, is coming to Fifth & Wythe.
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The Largest Mixed-Use Project in 2016

Entry published April 4, 2017

The adaptive reuse of the historic Hahne & Co. department store serves as a catalyst for community and economic growth in Newark, NJ.
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Alan Bell, L+M land $61.8M public financing for Kingsbridge housing development

Entry published April 3, 2017

L+M Development, in partnership with B&B Urban, has secured funding for the Bronx supportive housing project at 2700 Jerome Avenue.
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NYU Langone’s $32.9M Lower East Side outpatient center is closer to reality

Entry published March 31, 2017

NYU Langone Medical Center is bringing more health care services to the Lower East Side with new outpatient center planned for Essex Crossing.
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Essex Crossing’s first affordable housing lottery has launched

Entry published March 3, 2017

The development’s 100 affordable rentals begin at $519/month.
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At Whole Foods’ Newark opening, organic smiles to go with the food

Entry published March 3, 2017

Whole Foods opened a new 29,000 square foot store in Newark’s revitalized Hahne’s building.
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In Shadow of Manhattan, a Troubled City Is Having a Moment

Entry published March 2, 2017

Newark’s Hahne’s building reopens with apartments, Whole Foods.
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Essex Crossing will now come with more affordable housing

Entry published February 21, 2017

As Essex Crossing moves into the second phase of development, L+M Development and partners have adjusted the plan which will increase both the affordable and market-rate units at the project.
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Jonathan Rose, L+M to build nation’s largest passive housing development in East Harlem

Entry published February 9, 2017

The development will integrate four existing community gardens in an effort to promote green spaces and activity.
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Construction Begins On 1520 And 1530 Story Avenue, 435 Units Of Affordable Housing In Soundview

Entry published February 8, 2017

L+M and Nelson Management Group are breaking ground on two towers at 1520 and 1530 Story Avenue:
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City Selects Development Team To Build 655- Unit Mixed-Use Affordable Project At 1691 Madison Avenue, East Harlem

Entry published February 8, 2017

L+M and Jonathan Rose Companies selected to develop a multi-building, affordable mixed-use project at 1691 Madison Avenue:
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25-Story, 195-Unit Mixed-Use Building Rises Above Street Level At 115 Delancey Street, Essex Crossing, Lower East Side

Entry published January 26, 2017

Progress can be seen thanks to photos posted to the YIMBY Forums.
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Artisanal Ice Cream Shop Is First Retail Tenant at Greenpoint Landing

Entry published January 25, 2017

Van Leeuwen Artisan Ice Cream is setting up shop at 7 Bell Slip.
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Historic Hahne’s Department Store in Downtown Newark Reopens

Entry published January 24, 2017

Renovated building features contemporary residences and exceptional shopping & dining experience.
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30 years after closing its doors, Hahne’s building gets new life

Entry published January 24, 2017

The historic Hahne’s building in Newark has been redeveloped from a vacant department store to a 500,000 square foot mixed-use property.
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Hahne’s building opening celebrated as a sign of Newark’s rebirth

Entry published January 24, 2017

The old Hahne & Company store reopened with apartments for rent in Newark, NJ.
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Look inside: Rutgers-Newark opens arts incubator in old Hahne’s building

Entry published January 20, 2017

The rebirth of one of Newark’s most historic buildings has started.
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