2021
The new affordable development will add 278 units and community facilities to the Southwest Bronx.
Sendero Verde, a 100 percent affordable Passive House, offers studio- through three-bedroom apartments.
A full-scale rehab is planned for 1,900 apartments in East New York with NYCHA remaining the owner of the two properties.
The longtime Chief Operating Officer and affordable housing veteran will become L+M’s CEO starting January 1, 2022.
Dubbed Museum Parc, the project will deliver 250 apartments, a new gallery and include 2,400 SF of retail space.
The telecom firm signed a 20-year lease to occupy nearly 43,000 SF at The Artisan.
L+M COO Lisa Gomez and other real estate experts outlined the need to reassemble and re-evaluate common industry practices.
L+M grantee Harold Hunter Organization provides coaches and equipment for youth to learn the fundamentals of the sport.
The mixed-use development offers 380 units, including studios, one- and two-bedroom apartments, and a host of amenities.
Bronx native Josue Sanchez shares how working on the transformative Bronx Point development is a dream project.
Biotech companies are a growing sector across the country.
In the series featured by The Real Deal, Ron shares his insight and experience while working in the affordable housing industry.
L+M’s Vice President of Community Affairs is recognized for her impact in serving communities through her work with residents, local leaders and elected officials.
Free lessons were available to kids age 7-17 this summer at the Beach 30th Street Playground in Queens, which is adjacent to L+M’s Arverne East project site.
Complete with food, festivities and fun for children and adults alike, the annual event was joined by the community as well as local elected officials.
Bronx NYCHA property renovation demonstrates positive outcome of RAD program.
The NJPAC campus redesign will bring nearly 350 units of housing as well as retail establishments, restaurants and cultural spaces to downtown Newark.
The 100 percent affordable development will bring 446 new apartments, 15,000 sf of ground floor commercial space and a new 66,000 sf office for the NYC Human Resources Administration.
Beach Green Dunes II is a finalist in the affordable housing category and Cross Bronx Preservation is a finalist in the redevelopment and repositioning category.
In this feature, the 14-strong team discussed the project and how it requires out-of-the-box thinking.
The 21-story building will include 222 residential units, retail space and a theater spanning two floors at the current Fifth Avenue location in Harlem.
The transformative mixed-use development will deliver 542 units of affordable housing and offer an array of cultural and community-focused programming, including the Universal Hip Hop Museum.
The project features 78 new affordable units, as well as including a ground-floor clinic and hospital space operated in partnership with University Hospital.
L+M’s Ron Moelis, Lisa Gomez and David Dishy rank #26 in Commercial Observer’s annual roundup of the leading 100 real estate professionals.
Ayanna Oliver-Taylor is recognized as an up-and-coming leader in the real estate and construction industry.
The four development project includes nearly 1,000 residences, retail and office space along Winchester Avenue.
Newark URBY includes the renovation of an existing 18-story tower and construction of a new four-story building featuring 249 residences.
L+M and Toll Brothers are developing Sursum Corda, development is the first of a multi-phase project to be constructed on a nearly seven-acre site.
The initiative will help fund, pilot and scale new retrofit technologies to reduce carbon emissions in our affordable housing portfolio.
Featuring 127 units and ground retail space, Beach Green Dunes II is L+M’s first building designed and built to Passive House standards.
Charles Pan-Fried Chicken has signed a lease to occupy the ground floor of 340 W 145th Street.
Sales and rentals continue to remain steady for the Lower East Side development.
L+M’s CEO and COO highlighted as industry leaders positioning New York for a robust recovery.
A storefront at 242 Broome was recently transformed to administer immunization doses to the community.
Sam Chapin and fellow Newark Regional Business Partnership panelists talk opportunities and challenges in a post-pandemic world.
Acclaimed designer Andre Mellone put a contemporary spin on the tower’s high-glam vintage aesthetic to create the amenity rooms.
The Baychester residents are pleased with the major property renovations and improvements.
Partners will work with Chicago-based REEC on efforts to improve diversity, racial equality and inclusion in the real estate industry.
A shared belief in hiring a local diverse workforce has led to an agreement that could create more affordable housing and good jobs for local residents.
Celebrated Indian Chef Chintan Pandya is scheduled to open his first Manhattan restaurant at Essex Crossing on February 14.
Designed by Handel Architects, the 26-story tower pays homage to the architecture of the historic Lower East Side neighborhood.
A massive grand staircase and full facade glass opens the basement market to natural light from the ground level.
The project is the first stage in the Winchester Center master plan, which could eventually include the four remaining buildings and four development sites in Science Park at Yale.
The proposed project will bring more than 1,500 units of housing , community, retail and restaurant space, plus a nature preserve to the community.
Located at 202 Broome Street, the 83-unit condo building features a public garden, retail and direct access to The Market Line and Essex Street Market.
The 28,000SF grocery store will be part of the National Urban League Empowerment Center development.
2020
The annual rankings are based on the volume of work each developer has underway and the total square footage of those projects.
The mixed-use development on the Bronx Harlem River waterfront is scheduled to start construction next month.
Williamsbridge Gardens will be available to low- and moderate-income families, with 85 apartments set aside for the formerly homeless.
Essex Crossing is a prominent addition to the Lower East Side, bringing more than 1,000 units, half of which are affordable, a medical center, educational and child-care facilities, green space, retail and entertainment offerings, as well as the new Essex Market and Market Line, to the evolving neighborhood.
Sursum Corda Phase 1 will include 561 units, with approximately 20 percent designated as affordable, and 50,000 SF of amenities.
L+M is proud to work with Building Skills, a non-profit that connects underserved New Yorkers with good-paying jobs on local construction sites.
L+M’s Managing Director for Market-Rate Residential, Tell Metzger, answers questions about the Financial District development about the architectural design, neighborhood retail and more.
The workers will be employed at affordable and renovation projects in the South Bronx, East Harlem and East New York neighborhood.
The country’s largest Passive House project includes 360 units of fully affordable housing.
Halda Therapeutics will occupy 9.8K SF of laboratory and office space at the science campus in New Haven.
This lifetime achievement award recognizes a leader within New York’s real estate community whose body of work exemplifies the missions and values of ULI, and who has had a transformational impact on the region and the industry.
Bronx Point was designed with cultural amenities that will make it a new center for the community.
The development is recognized by the NYC Public Design Commission because of its community-focused design.
The former Rutgers building at 155 Washington St. will be converted into apartments, retail space and a welcome center for Rutgers-Newark students.
The pop-up exhibition is a preview of what will eventually be included in the UHHM’s permanent home at L+M’s Bronx Point development.
L+M’s Founder and CEO discussed racial and social justice, mixed-use and mixed-income housing, and special considerations due to the pandemic, with Freddie Mac Multifamily.
Scotch Porter has leased nearly 5,000 square feet in the historic Newark property.
The South Bronx native shares how his work ethic shaped his career and led him to mentoring others.
Linwood Park Apartments is a 100-unit development that includes supportive housing for formerly homeless families and individuals.
The 12-lane bowling alley will open with protocols in place to keep bowlers safe and protected.
Four new exhibitions will be on display to the public with visitor restrictions and safety guidelines in place.
Slated for an October 1st grand opening, the Gutter’s largest location has 12 bowling lanes with vintage pinsetters from the 1970s, games and a full kitchen and grill available for diners.
The UHHM, which will make its future home at Bronx Point, will host a live broadcast with artists from more than 25 countries next week.
The nonpartisan voter engagement campaign focuses on increasing registration and turnout among low-income residents through voter education, registration, and mobilization.
The new Urban League Empowerment Center will be home to the 44,000 SF store.
Norman Towers, a 406-unit senior affordable housing community, will receive its first major upgrade and enhancements in decades.
The GrowNYC Farmstand gives young people the opportunity to develop entrepreneurial skills and provide fresh produce to their Eastchester community.
The 211-unit building in downtown Newark is on the verge of being fully occupied just over a year after its unveiling.
The Artisan includes 142 apartments ranging from studios through three-bedrooms, plus retail and office space.
A panel of experts, including L+M CEO Ron Moelis and the HPD commissioner, discuss policies and possible solutions to address housing challenges.
The Market Line opens a spacious outdoor patio that offers an assorted menu from its food hall vendors.
The new headquarters will include the Urban Civil Rights Museum Experience and the National Urban League Institute for Race, Equity and Justice, along with affordable housing, office space and retail space.
L+M’s Ron Moelis, Lisa Gomez and David Dishy move into the top 25 of the Commercial Observer’s annual roundup of the leading 100 real estate professionals.
Daiwa House joins L+M and Lendlease on the mixed-use project that will bring residential and academic facilities to the neighborhood.
Delayed financing could postpone construction on some of the City’s biggest projects.
KBG Korean BBQ and Grill is the final retail tenant to sign a lease at the historic building.
Samuelsson pivots ‘Harlem EatUp!’ festival to provide meals to the community in partnership with World Central Kitchen and local restaurants.
Winchester Works includes six floors of Class A office space totaling 145,000 square feet in the state-of-the-art life sciences and creative office building.
The community preservationist and namesake for one of Essex Crossing’s senior buildings, Fran saw significant victories as an activist and was a spokeswoman for lost causes.
Bronx Point is the first affordable housing project to attain verification in the national version of its WEDG (Waterfront Edge Design Guidelines).
L+M has joined building owners, nonprofits, and service providers to help New Yorkers stay in their homes during the pandemic.
Yasmin Cornelius shares her motivation to establish a career that engages the community and supports those in need.
Appointed by Mayor de Blasio, the 30-member group will help the real estate sector reopen amidst the COVID-19 pandemic.
L+M, together with community partners, elected officials and resident leaders, have provided over 650 meals at the Bronx property to date.
Common Roosevelt is a 253-bedroom coliving building designed to share kitchens and common areas.
Our Vice Chairman + Senior Partner Debbie Kenyon will represent L+M in the 51-member group and develop solutions to address future challenges of a post-COVID economy.
The Newark Community Street Team delivers food to Georgia King Village and Zion Tower residents.
Initiated by L+M and Wilder Balter Partners, NourishALL will serve more than 1,000 people with meals from nearly two dozen restaurants in New Rochelle.
L+M has partnered with Jonathan Rose Companies, community nonprofits and restaurants to provide 360 meals per day to hospital workers.
L+M has halted seven of its current construction projects to avoid putting workers at a greater health risk.
L+M CEO is recognized in the top 10 as an industry leader in New York affordable housing.
El Rancho Verde, a 700-unit affordable housing community, serves seniors and intergenerational families.
Essex Crossing is making a significant mark on the neighborhood contributing over 350,000 square feet of office space.
C+C Apartment Management implements protective measures to provide a safe haven for their residents.
Condominiums range from studios to three bedrooms and amenities include an outdoor garden, fitness center, playroom, and residents’ lounge pavilion.
The Artisan at Essex Crossing will start leasing for its 263 apartments – 121 of which are affordable units.
Beach Green Dunes II and Sendero Verde are designed to provide cleaner air, lower utility costs, and an affordable option for residents.
The largest multifamily deal of the year was L+M Development Partners and Invesco’s purchase of a 2,800-unit portion of the Putnam portfolio.
The 100-percent affordable development includes 127 units and is L+M’s first building designed and built to Passive House standards.
After comparing recent Newark developments, the historic building proved most suitable to become their new home.
Peruvian favorite Don Ceviche expands under a different name and a new vendor joins the roster.
View recent pics of the high-rise building as it nears completion in The Financial District.
Designed by Handel Architects, The Artisan at Essex Crossing includes rentals, 175K SF of Class-A office space and ground-floor retail.
The mixed-use tower at 180 Broome Street features a mix of studios through to three-bedrooms.
The award-winning restaurant will occupy 87,000 SF including the company’s first commissary kitchen and corporate offices.
The loans will provide long-term preservation of three affordable properties totaling 386 units in New York.
The four-story, 40,000-square-foot photography museum will bring the exhibition and education spaces under the same roof for the first time this century.
2019
East Harlem and the Financial District are home to L+M’s Lexington Gardens II and 25 Park Row developments respectively.
Essex Crossing makes the list in this ten-year development roundup.
L+M’s Bronx Point development ranks in the top ten list.
The museum will occupy 50,000 SF of L+M’s Bronx Point development.
The three buildings will develop 348 new affordable housing units and approximately 13,400 SF of commercial and community facility space.
Once completed, the Harlem development will be the largest fully affordable passive-house building in the world.
L+M ranks third in New York City for development in 2019.
View photos of both Essex Crossing sites, which are scheduled to be completed by the end of 2020.
The downtown location, amenities and upcoming retail and entertainment offerings are drawing residents to the historic Newark tower.
View progress photos of the 50-story mixed-use tower.
The two buildings located at 1520 and 1530 Story Avenue officially opened their doors with a ribbon cutting ceremony.
The Market Line will bring even more dining options with a collection of food stalls and restaurants opening to the public this weekend.
The project on the Lower East Side is receiving praise for its mix of affordable housing and community amenities.
The mixed-use project is providing hundreds of affordable apartments, neighborhood perks and a new home for the Essex Market.
The $25M renovation will create mostly laboratory space, making it one of few buildings able to accommodate biotech companies in the county.
Delancey Street Associates secure $215 million in permanent financing for The Essex.
View the latest photos of the 702-foot-tall tower.
The new Essex Market is highlighted as a food heaven thanks to its large assortment of grocery, specialty and prepared food vendors.
Ron will receive the Visionary Leadership in Land Use Award in 2020 at the ULI NY Annual Awards for Excellence in Development Gala.
The traditional style is resonating with buyers and nearly 40 percent of apartments are sold.
The 14-story building is between Norfolk and Suffolk streets and will include 83 apartments and 175,000 SF of office space.
Including a visit to the Essex Crossing Farm.
The farm, six stories up on The Essex rooftop, produces freshly grown vegetables for the community to purchase.
L+M and LIHC Investment Group will develop 56 shared housing units as part of the City’s ShareNYC initiative.
The fully leased, 110-unit building was completed last year.
There is now more than 50,000 square feet of office space inside one of downtown Newark’s most iconic buildings.
Significant construction is underway on two adjacent buildings, which are both set to open next year.
Sendero Verde is highlighted as an example of Passive House principles being successfully applied to a large scale project.
The bright and colorful 220-foot-long mural will be at Grand and Clinton streets.
A new craft brewery and taproom plans to open in the spring of 2020 at 540 Broad Street in Newark.
Walker House and Hahne’s will transform into temporary art exhibits that showcase local arts and culture during the Newark Arts Festival.
Essex Crossing, a six-acre project, seeks to fit into—rather than shake up—New York’s Lower East Side.
This fall, the Market Line, with 30 vendors of prepared food and fresh ingredients, including some restaurants, will open on the level below Essex Street Market.
L+M will support the development of a new training program that will help people prepare for, and access, employment opportunities.
The brewery will open in early 2020 and will bring unique and local flavors to downtown Newark.
The Art Deco masterpiece at 540 Broad Street officially opened in June.
The first brewery to operate in the area in nearly 40 years will be just steps from the NJ Transit.
In addition to selling fresh produce, the Essex Farm will work with local medical providers to connect patients to health vegetables, host after-school programs and provide free breakfasts for seniors and families.
The joint venture will preserve five former Mitchell-Lama developments and return more than 1,800 units in Manhattan to long-term regulation.
14 LeCount Place, a 27-story mixed-use and mixed-income building, is expected to be completed in 2022.
The 17-story building on West 125th Street will include a new civil rights museum, office space, space for neighborhood nonprofits, and 170 affordable apartments.
Sendero Verde and Beach Green Dunes II are highlighted as affordable housing projects that are leading the way in sustainable design.
New Jersey bike shop Hilltop Bicycles will open a 2,000-square-foot shop on the ground floor of 175 Delancey Street in August.
Essex Crossing is highlighted for aptly preserving the Lower East Side’s history while introducing new amenities to the community.
The refinancing will allow for substantial renovations at the Zion Towers complex, which L+M acquired in 2017.
L+M’s Walker House is one of only three landmarked buildings erected during the Art Deco architectural movement that began in the late 1920s.
L+M Development Partners and Prudential Financial have secured financing to preserve and renovate a government-subsidized housing complex in Newark’s South Ward.
Construction on the first phase of Sendero Verde will begin in the next few weeks and finish by 2022.
Method Climbing is expected to open to the public in early 2020 on the lower floors of Walker House.
The building’s 268 apartments will be modernized with new kitchens and bathrooms, as well as updates to the common areas, roof, building façade and elevators.
Annual income requirements for the building at 140 Essex St. range from zero to approximately $51K.
The restored building, originally built in 1929 as the Bell Telephone Building, includes affordable housing, tech classrooms and office space.
A resident of The Essex reflects fondly on her childhood neighborhood as she returns to the community over 40 years later.
The affordable, energy efficient building located in the Bronx provides housing and supportive services to formerly homeless families.
Buildings developed in tandem with food halls, like The Essex, are proving to be very attractive for residents.
The City Seekers program educates kids on the Lower East Side’s history and the Essex Crossing development.
L+M’s The Essex is a finalists for the Mixed-Use category.
Work on the 50-story tower in the Financial District is on schedule to be completed by the end of this year.
The grand opening included a ribbon-cutting ceremony and speeches from city officials.
The new market is home to more than 35 vendors and is nearly three times the size of the original market.
Learn more about the marketplace that continues the traditions of valuing small business and serving as a resource for the community.
View photos of the landmarked 21-story building as renovations near completion.
In partnership with three Lower East Side schools, the program teaches children the history of their neighborhood over an eight-week period.
The grand-opening for the longtime city-owned food hall is scheduled for May 13th.
L+M’s Ron Moelis, Lisa Gomez and David Dishy rank #26—up from #31 in 2018—in the Commercial Observer’s annual roundup of the top 100 real estate players.
L+M’s newest development will include 64 apartments, with 20% set aside for affordable housing, commercial space, and ground-floor retail.
Designed by Handel Architects, the mixed-use 26-story building will include 142 market-rate rentals and 121 affordable units.
Three years after their lease expired at a former location, Canaan Baptist Church of Christ opened its new center on Fifth Avenue and 117th Street.
Affordable Housing Finance names L+M #7 in its 2018 annual rankings.
L+M ranks 18th in the country for Affordable Housing Owners and 20th for Affordable Housing Developers.
The three-level theater at 129 Delancey St. features stadium seating, luxury recliners and an expanded concessions menu.
The Urban Land Institute New York honors the Lower East Side development team for excellence in mixed-use development.
The new Essex Street Market and Market Line are bringing big names to the Lower East Side.
Owner of Pain D’Avignon shares a brief account of the bakery’s history.
By inviting local businesses, the Essex Crossing marketplace seeks to evoke the environment of the Lower East Side in the 19th century.
Planners intentionally designed the project to compliment the Lower East Side neighborhood and culture.
L+M CEO is recognized in the top 20 as an industry leader who is reshaping New York.
Located within the Hahne & Co. building, the Rutgers University-Newark’s community-based arts collaborative is committed to social justice realized through the arts.
L+M’s Ron Moelis will be a featured panelist at the May 15th event.
Forty merchants will debut at the grand opening this spring.
The eight-story building, which meets passive house certification, is the second phase of Beach Green Dunes.
L+M executives share how their work is grounded in social responsibility.
The view from the 26-story tower is a main selling point for the 98 market rate rentals.
Story Avenue West is comprised of 223 mixed-income units and offers several amenities including proximity to 205 acres of green space.
Phase one of the highly anticipated project, which will include a food hall and family entertainment, will soon be completed.
Niko East Village resident shares her experience in finding her new home and why The Niko was her first choice.
United Airlines Hemisphere’s magazine features the City of Newark in the March issue, and highlights The New Ark Hanger Steak at Marcus B&P.
The high-rise building features 110 residences, and was developed by L+M in partnership with the family behind J&R Music World.
Dhamaka will be one of two full-service restaurants opening this summer on the Lower East Side.
L+M’s Bronx Point development located on the Harlem River waterfront will be home to the museum.
Residents at Marcus Garvey Apartments graduate from a 16-week program that teaches them new skills in carpentry, framing and electrical work.
Q & A with the Development Director of Essex Crossing, which is a 2019 ULI Awards Finalist for Excellence in Mixed-Use Development.
Restaurants Don Ceviche, Happy Pig, Mille Nonne and Heros & Villains join the marketplace.
L+M was selected for this accolade because of its mixed-income and affordable housing projects as well as its commitment to enhance communities.
COOKFOX architects created 25 Park Row as a modern interpretation of the surrounding landmark buildings.
The project was designed to harmonize with the existing community and bring central amenities to the neighborhood.
A painting that embodies the market’s historical significance and the community’s culture will be installed.
L+M’s Bernadette Amarosa was a panelist for a discussion about the transformation of the Lower East Side and Essex Crossing.
Elated New Yorkers share their success stories of winning new affordable homes at Essex Crossing, Greenpoint Landing and other properties.
Beach Green Dunes II in Far Rockaway is L+M’s first building designed and built to Passive House standards.
The 100% affordable development will include 92 studio apartments.
Amenities at The Essex include a lounge with billiards, a library, a meeting room, a children’s playroom, a fitness center with Peloton bikes, and a rooftop terrace.
275 Broad Street and Essex Crossing Phase 1 are finalists in the Excellence in Repositioning and Mixed-Use Development categories respectively.
The building features ground-floor retail, a new 14-screen Regal Cinemas and The Market Line, a bazaar-like marketplace set to be one of the largest in the world.
Essex Crossing will have several major openings as Phase 1 nears completion.
The art deco tower at 540 Broad Street will feature 265 units, including about 50 affordable residences and over 80,000 SF of office space.
2018
Handel Architects’ Coney Island project listed in top 10.
As 2018 draws to a close, here’s a look at what’s new.
Private developers will invest $90 million in renovations and begin managing the properties.
Essex Crossing makes the list of distinguished renderings.
Developed by L+M and Lendlease, the building is part of the school’s anticipated campus rehabilitation.
L+M’s Coney Island project ranks 5th.
New offices for the Chinese-American Planning Council and Lower East Side Partnership will be located at 175 Delancey Street.
Thanks to partnerships with companies such as L+M, former inmates will have the opportunity to land jobs in the construction industry.
Developing affordable housing and creating a new health care system are the key drivers of the community investment initiative.
Impressive landscape views include The World Trade Center and the Empire State Building among several other landmarks.
The Lower East Side location will be the first multiplex to debut in this neighborhood.
The legendary J&R electronics store is being redeveloped as a magnificent new apartment building at 25 Park Row.
The Market Line will embody the character of the LES with more than 100 locally sourced retailers.
Redevelopment of the former Brooklyn Development Center will provide more than 2,400 affordable units.
The Market Line will be home to the vendor’s first retail location.
The Niko East Village is offering a unique transit amenity to every resident.
The name of the historic 540 Broad Street building is finally revealed.
Designed by CookFox Architects, the building is expected to open in the spring of 2020.
The team behind East Village Japanese hit Izakaya is coming to Essex Crossing.
The state-of-the-art microgrid at Marcus Garvey Apartments may be an indicator of where the electricity market is going.
Designed to be resilient against future storms, phase one development will provide affordable apartments, retail space, and a new home for HRA.
The building at 1530 Story Avenue has 211 affordable apartments and features a mix of studios through three-bedrooms.
L+M’s contribution to the city’s resurgence include development of Hahne & Co., restoration of the former NJ Bell building and renovations to Georgia King Village.
The first phase of development will deliver 446 fully-affordable apartments.
The founders of J&R Music partner with L+M to develop Park Row project.
The formerly vacant area, now Essex Crossing, is on track to become a vibrant mixed-income community.
The Lower East Side location is the largest store on the Eastern seaboard.
The new rental building offers modern apartments in studio to three-bedroom layouts.
The Schlobohm Houses are part of a program to overhaul 1,700 units of city housing by using private and public funding.
View a progress update on the Lower East Side development project.
The Niko East Village offers free Citi Bike memberships and car share vouchers to its residents.
Per Scholas will offer free courses at classrooms located in the historic New Jersey Bell Building at 540 Broad Street.
Properties like L+M’s Sendero Verde will deliver 655 units of affordable housing and help bring the city’s vision of a robust housing program into focus.
The organization is relocating its Workforce Development Center to 175 Delancey and is expected to open April 2019.
Frances Goldin Senior Apartments at Essex Crossing wins 2018 MFE Project of the Year: Senior Affordable.
L+M and partners have joined with Campaign Against Hunger to open a café in Beach Green Dunes II’s 3,000-square-foot ground-floor retail space.
By the end of the year, the first phase of the Lower East Side project will be mostly completed.
25 Park Row and other new apartment buildings will hit the market this season.
The Essex and The Niko East Village are featured in this real estate roundup.
A new program at Essex Crossing’s GrandLo Café helped a young man secure his first permanent job.
Two dozen longtime vendors in the Essex Street Market will relocate to a spacious new address this fall.
The new cafe provides local residents with fresh produce grown directly on the farm run by Project EATS.
The Brooklyn-based creamery promises to bring nostalgic flavors to The Market Line location.
The 12-story building features 82 residences that range from alcove studios to spacious three-bedrooms.
The kiosk will feature personal immigration stories, photographs and videos exhibiting the Lower East Side’s cultural history.
Community leaders and employees attend the ribbon cutting event of the new store located at 145 Clinton St.
Vietnamese restaurant Grand Pho, Indonesian dessert shop Moon Man and a new project from Midtown’s Rustic Table have signed on.
The new building designed by SHoP Architects will be home to the center’s museum and school.
The restaurant at Hahne’s scores high across the board thanks to Chef Marcus Samuelsson’s creative blend of food, culture and ambiance.
The 49-story building designed by CookFox Architects includes 110 apartments and commercial space on the first four floors.
The winners of this year’s Building Brooklyn Award are featured, including Greenpoint Landing.
The energy efficient microgrid system is the first of its kind for a multifamily residential development in New York City.
Through vigorous programming and goal setting, this organization enables at-risk children to reach their full potential academically and athletically.
L+M and partners were awarded a 2018 Building Brooklyn Award for the affordable residential project Greenpoint Landing.
The center, which is capable of assisting 300 patients a day, has successfully rolled out its first phase of services on the Lower East Side.
L+M’s E. 162nd St. residential building is currently leasing to residents and Bronx Point is expected to break ground this year.
AHF subscribers can vote for Hahne’s between July 2 and August 3.
Various food establishments, healthcare, entertainment, public parks and affordable housing were important elements in planning the Lower East Side project.
L+M and partner’s mixed-use complex at 14 LeCount will include 370 apartment units.
After being displaced 50 years ago, the family now resides at Essex Crossing thanks to priority access placement.
With two new developments in progress, L+M invests training and outreach for local residents interested in construction opportunities.
The Joan H. and Preston Robert Tisch Center officially opened for outpatient services this Summer and additional facilities and specialists will be available this Fall.
The Mayor announced new partnerships with L+M and other private developers to rehab 2,400 more NYC Housing Authority apartments.
L+M Development cited as helping to improve conditions and tenant satisfaction at buildings formerly run by NYCHA, based on resident surveys and property data.
The award honors projects, groups and individuals dedicated to preserving the state’s architectural, archaeological and cultural history at State and local levels.
The ribbon-cutting celebration was attended by Mayor Ras J. Baraka, Launch Pad CEO Chris Schultz, residents and local entrepreneurs already working out of the cutting-edge space.
Housed in a former parking lot within L+M’s Marcus Garvey Apartments complex, the farm grows organic produce and provides nutrition-based programming and jobs for the local community.
Roni-Sue’s Chocolates, Sugar Sweet Sunshine and Exit9 are the latest vendors to be added to the Essex Market roster.
Lisa Gomez is featured in the inaugural list celebrating women leaders across the real estate industry.
The loan was secured after the full lease-up of 175 Delancey Street, also known as the Frances Goldin Senior Apartments building.
The 100% affordable, 127-unit development includes numerous resiliency features, including a closed loop geothermal system, solar panels and bioswale gardens.
L+M’s grantee BronxWorks, recently celebrated with a showcase for students in their after-school program to give a presentation on science related topics of their choice.
Doughnut Plant, Pickle Guys, Castania Nut Boutique and Substance Vitality Bar announced they will lease space in the 150,000 square-foot market.
L+M and partners have installed free wifi for all 244 residents and their families at Georgia King Village, an apartment complex in Newark.
A Soundview native is helping her fellow community members get jobs at L+M’s Story Avenue project.
Additional images released by NYCEDC today include construction progress photos of the 60-foot “light scoop” ceilings.
Bernadette Amarosa and Amy Cordone of L+M among 2018 WBC Awardees.
The first issue offers an insider’s look at the Lower East Side neighborhood and introduces local retailers, artists and designers.
The designed complex aims to combine health care services, affordable housing, job creation, outdoor fitness areas, and healthy food options to residents of the Bronx community.
Marcus Samuelsson’s B&P restaurant is recommended as a place to visit in this Newark culinary roundup.
The 12-story building located on Avenue D includes a gym, lounge, bike storage and is walkable from the Lower East Side.
L+M’s David Dishy, Lisa Gomez and Ron Moelis rank #31—up from #45 in 2017—in the Commercial Observer’s annual roundup of the top 100 real estate players.
Designed by famed architect Ralph Thomas Walker and known for its majestic lobby and brick-and-sandstone exterior, the building is being renovated by L+M Development in Newark.
The 21-story building will include mixed-income housing and more than 80,000 square feet of Class A office and retail space.
Rehabilitation plans are in progress for the residential high-rise containing 268 units and a four-story parking garage.
The company will occupy 8,000 square feet of second floor office space in the mixed-use building.
Expected to open later this year, the bowling alley will be located at 242 Broome Street.
The loan will kick-start construction on 202 Broome Street, a 14-story mixed-use building and the seventh of nine buildings to break ground.
202 Broome Street will bring 175,000 square feet of Class A office space to the Lower East Side.
The 15,000 square feet space features 32 private offices, three conference rooms, private phone booths, a kitchen and café space as well as other common areas.
Dominican Cravings is the latest vendor to set up residency in the iconic culinary destination on the Lower East Side.
Essex Crossing’s 242 Broome Street’s fitness center ranks within the Top 15 in this residential gym roundup.
L+M’s Beach Green Dunes II is a 127-unit project that will begin construction this year.
The tower sits at the Manhattan entrance to the Williamsburg Bridge, the structure which influenced the oversized concrete frame in the building’s design.
L+M was named #10 in the Affordable Housing Finance’s Top 50 Developers in 2017, up six slots from the previous year, and #25 in their Owners rankings.
Four of the city’s favorite merchants have been added to the inaugural roster for Essex Street Market.
The 16-story building will also feature a 220 foot-long mural to be painted by a local artist.
The mixed-use building will have 263 residential units and 27,000 square feet of retail space including a portion of the Market Line.
Ms. Huff has been won over by the changes that she has seen since for-profit developers BFC Partners and L+M Development Partners took over the management in January 2015.
One Lower East Side resident secured a construction job at Essex Crossing thanks to the organization’s Workforce Development Center.
The first commercial business at Essex Crossing opens and will serve as a workforce development and social enterprise café.
Construction is in progress for L+M’s 25 Park Row, a mixed-use 45 floor tower that will yield 210,000 square feet of residential space, and 52,000 square feet of commercial space.
The Rollins is featured in the Spring 2018 Curbed residential roundup.
Designed by Beyer Binder Belle, the mixed-use building includes 211 residential units.
Named for jazz icon Sonny Rollins, the building at 145 Clinton Street will also feature 107 affordable apartments, Trader Joe’s and a Target.
Some landlords are providing startup services that allow residents to pay smaller fees.
After losing their apartment to a fire, two roommates were able to find a place on W. 117th Street through the housing advocacy group PA’LANTE Harlem.
The 14-story building at 175 Delancey St. has been named after Frances Goldin, local activist. After officially opening earlier this year, senior residents are finally settling in to their new homes.
The Market Line, the 150,000-square foot subterranean underground food pavilion will open Summer 2018.
Fourteen families with ties to the neighborhood dating to 1967 will be moving back. Others may come as the remaining 769 apartments are completed at Essex Crossing.
Nine-building development caps decades of change on Lower East Side.
Delancey Street Associates to proceed with the 26-story tower at 180 Broome Street.
New photos of the Trader Joe’s grocery location at The Rollins on the Lower East Side.
If approved, the tunnels will connect 115 Delancey (Site 2) to 202 Broome Street (Site 3) and 202 Broome to 180 Broome (Site 4).
The proposed mixed-use building will comprise 175,000 square feet of office space, 263 rental apartments (121 affordable) and 27,000 square feet of retail space, including a section of the Market Line.
2017
Designed by COOKFOX, the planned retail component includes 52,000 square-feet of commercial space spanning the first four floors.
The 98 mixed-income apartments are located at 115 Delancey Street.
The 15-story, mixed-use building at 145 Clinton Street will be named after the jazz saxophonist.
The housing lottery has launched for the affordable condos at 242 Broome Street.
The New Orleans coworking business is the newest tenant at the historic Newark building.
Marcus Samuelsson, celebrity chef and restaurateur, opened his first New Jersey eatery in the Hahne & Co. building.
Residents began moving into the senior housing building at 175 Delancey Street (Site 6) on the Lower East Side.
Featuring an interview with David Dishy, Partner and President of Development and Acquisitions.
Chef Marcus Samuelsson announced late last year that he was partnering with L+M to bring a new restaurant to Hahne & Co.
The 24-story building will host a Regal Cinemas as well as the Essex Street Market.
New renderings reveal the second, fully-affordable building at 140 Essex Street.
The Essex Crossing team has secured funding to build an affordable senior housing property at 140 Essex Street.
L+M put its stamp on the neighborhood with its redevelopment of the sprawling rental property Arverne View.
The Essex Crossing project’s second phase will add 350,000 square-feet of office space.
Hahne & Co’s 165,000 square-feet of commercial space will be the new home to local non-profit, Citizen Action, joining Barnes & Noble, Whole Foods and others.
Bronx Point, the 1000-unit affordable housing project, will also be home to the new Universal Hip Hop Museum.
L+M Development will convert 540 Broad St. into a mixed-use tower with office and retail space.
The ICP Museum will move into Essex Crossing in early 2019, while the school, which serves more than 3,500 students a year, will move that summer.
After four years of searching, the Universal Hip-hop Museum finds a home at L+M’s latest project in the South Bronx.
The megaproject overall will bring 5,500 new apartments—including 1,400 permanently affordable units—to the neighborhood.
New renderings reveal The Market Line and a 15,000 square-foot park.
The new 37,000 square-foot market will be across Delancey Street as part of the large commercial and residential development.
L+M’s COO discusses her latest project and the best advice she’s ever received.
L+M was tapped by the city to construct a 1,000-unit complex called Bronx Point which will also include a movie theater, food hall and public open spaces.
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.
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.
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.
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.
New housing developments, like Greenpoint Landing, have sparked a retail surge in Brooklyn.
Last week, L+M and Tahl Propp Equities closed on the 100% affordable housing development Lexington Gardens II in Harlem.
L+M opens children’s library at Georgia King Village.
In Newark, some recent high-profile projects like Hahne’s located in the city’s popular downtown section, have included affordable units voluntarily.
First lithium battery used under NYC’s new fire saftey code installed at Marcus Garvey Apartments in Brooklyn.
Phase one of construction at Essex Crossing will be completed this fall.
Since March 2, 2017, New York City officials have received over 93,000 applications for affordable apartments at 145 Clinton Street.
Audible, tenant at Hahne & Co., is providing rent incentives to employees willing to relocate to Newark.
Target announces plans to open a store in the Essex Crossing development on the Lower East Side.
L+M and partners will develop a 45-story mixed-use tower at 23 Park Row.
The Commercial Observer ranked Ron Moelis #45 among the top 100 real estate leaders.
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.
The affordable housing lottery for 175 Delancey Street, also known as Site 6, is officially open.
How low-income tax credits turned a vision to revitalize the Lower East Side into a reality.
The adaptive reuse of the historic Hahne & Co. department store serves as a catalyst for community and economic growth in Newark, NJ.
242 Broome Street is now just a day away from topping out.
Japanese retailer, Muji, is coming to Fifth & Wythe.
L+M Development, in partnership with B&B Urban, has secured funding for the Bronx supportive housing project at 2700 Jerome Avenue.
NYU Langone Medical Center is bringing more health care services to the Lower East Side with new outpatient center planned for Essex Crossing.
The development’s 100 affordable rentals begin at $519/month.
Whole Foods opened a new 29,000 square foot store in Newark’s revitalized Hahne’s building.
Newark’s Hahne’s building reopens with apartments, Whole Foods.
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.
The development will integrate four existing community gardens in an effort to promote green spaces and activity.
L+M and Nelson Management Group are breaking ground on two towers at 1520 and 1530 Story Avenue.
L+M and Jonathan Rose Companies selected to develop a multi-building, affordable mixed-use project at 1691 Madison Avenue.
Progress can be seen thanks to photos posted to the YIMBY Forums.
Van Leeuwen Artisan Ice Cream is setting up shop at 7 Bell Slip.
The old Hahne & Company store reopened with apartments for rent in Newark, NJ.
The historic Hahne’s building in Newark has been redeveloped from a vacant department store to a 500,000 square foot mixed-use property.
The rebirth of one of Newark’s most historic buildings has started.
2016
Barnes & Noble Education Inc. and Rutgers University-Newark to open a bookstore at Hahnes.
Con Ed is investing in non-wires alternatives to meet energy needs — including a new microgrid project going up in a low-income housing complex.
Redevelopment of the Seward Park Urban Renewal Area lagged for decades, and the site is finally being rebuilt.
Whole Foods is coming to Hahnes.
Demand Energy will be implementing a lithium-ion charged multi-resource microgrid at the 625-unit Marcus Garvey Apartments in Brooklyn.
Plans for a new project at 260 South St. will add more than one-million square feet of residential and commercial space in the Two Bridges neighborhood.
The 400-unit affordable housing development planned for East Harlem has been unanimously approved by the City Council.
The celebrity chef’s new restaurant will be part of the redevelopment of the historic Hahne’s department store.
Lexington Gardens II is a fully-affordable residential project spanning an entire block in East Harlem.
New York-based architects COOKFOX release new renderings of 25 Park Row.
Eastern Consolidated presents a keynote panel with the developers of Essex Crossing.
Grand Street Settlement celebrated its 100th anniversary.
Gary Barnett’s Extell Development Company is bringing $1 million to $3 million condominimum units to Two Bridges.
One of the biggest elements of Essex Crossing is the Market Line, a 150,000-square-foot retail destination that will anchor several of the megaproject’s buildings.
A lottery opened for 102 ultra-affordable units at 5 Blue Slip; the entire building will consist of affordable housing.
L+M Development Partners scored $52.8 million in construction financing for 79 Avenue D, a planned 12-story rental building in the East Village.
The Carmen Pabon garden opened to the public, named after the activist who founded the original garden that was bulldozed in 2000.
A youth and community clubhouse made from re-designed shipping containers takes over a vacant lot on Chester Street and Dumont Avenue in Brownsville.
CEO Ron Moelis is featured in this months Commercial Observer.
At the corner of Broome and Ludlow Streets condominium sales began for the 14-story anodized aluminum and glass tower that will open in 2018.
Trader Joe’s is taking a corner space at 145 Clinton Street.
Exclusive interior renderings of the 14-story, 55-unit mixed-use project under development at 242 Broome Street.
The Jersey City Planning Board voted unanimously to approve an amendment that paves the way for a new tower at the corner of Warren Street and Christopher Columbus Drive.
A groundbreaking was held for SBH Health System’s two new apartment buildings.
Another piece of the puzzle has fallen into place for Lower East Side megaproject Essex Crossing.
Foundation work appears to be complete for the 25-story, 195-unit mixed-use building being developed as part of the Essex Crossing mega-development.
A flag went up on the roof of 175 Delancey St., signaling the “topping out” of the first of nine buildings in the big Essex Crossing project.
Ron Moelis had an OpEd published in Huffington Post.
Currently $2 billion in commercial and residential development is underway in the industrial town and that means big changes.
About $2 billion in development is underway in the city, with 1,500 units of housing under construction and another 4,000 planned.
The Rockaway Waterfront Alliance, C+C Management, and L+M Development Partners came together for a beach clean-up.
The concrete superstructure officially topped out at fourteen stories.
More than 850 students submitted proposals for a site in the sustainable material.
A local office building that will be converted into apartments is slated to contain affordable housing.
Work is moving along swiftly on Essex Crossing’s senior housing building at 175 Delancey Street (site 6).
Affordable housing projects are cropping up on vacant lots all over the South Bronx, and today’s development will rise at 294 East 162nd Street.
The St. Barnabas Wellness Care and Affordable Housing project will include more than 300 units of affordable housing.
The 15-story, 211-unit mixed-use building under development at 145 Clinton Street is now three stories above street level.
This 100% affordable housing, mixed-use development promotes access to nutritious and affordable food.
Savoy Park sale the largest multifamily deal of the year.
Complex is designed to address many of the hurdles facing low-income residents.
New details about the megaproject, Essex Crossing.
The first business to take root at 50-55 South Essex Avenue in New Jersey is a preschool.
The Commercial Observer names Ron Moelis #78 on their Power 100 list.
A team of public and private partners are investing $79.3 million in financing for an ambitious development that will include 100 affordable housing units for seniors, a medical facility, and a community center in New York City.
Essex Crossing is bringing “trendy” to the gritty streets of the Lower East Side.
The Hahne’s building is not quite ready for its tenants to move in, but the development is already winning awards.
Rapid population growth and Millennials opting to raise their families in the city are causing a capacity issue for schools. This is what real estate developers are doing to solve it.
Isaac Henderson weighs in on the Lower East Side market and why the neighborhood is being billed as the most “affordable cool” option in the city.
NYU Langone Medical Center has signed a 15 year lease to build and operate a 55,000-square foot medical facility at 175 Delancey Street, part of Essex Crossing.
The New York Times highlighted L+M and Arverne View.
2015
City National Bank will relocate its headquarters in Newark to the former Hahne & Co. building.
The COO of the affordable- and market-rate housing developer says the average family can’t afford rentals without city subsidies.
The Hahnes development in New Jersey is a model for the revitalization of historic buildings across the country.
The New York Times highlights the reinvention of the Brooklyn Navy Yard.
Essex Crossing will be transformed and expanded into one the five biggest markets in the country.
Project EATS, along with dedicated farm volunteers and workers, will host the first ever Brownsville Harvest Festival at the new urban farm across from Marcus Garvey Village apartments.
The Observer highlights Arverne View and Essex Crossing in this article about the evolving look of affordable housing.
Lisa Gomez explains the 50/30/20 Mixed Income Program in regards to B2 BKLYN, a development destined to be the tallest modular building in the world.
Issac Henderson gives a progress report on the billion dollar SUPRA redevelopment project.
The New York Times highlights the construction on Essex Crossing.
L+M teams up with Nelson Management Group to renovate the affordable and luxurious Promenade Apartments.
L+M gives monetary donation to Newark Workforce.
Max Rose covers Ron Moelis in a profile piece for the Commercial Observer.
The Closing – Ron Moelis .
Affordable Housing Deal Saves Taxpayer dollars.
A Taxing Matter: Looking Back on the History of 421-a.
L+M Development Partners, as part of Triborough Preservation Partners, will provide $80 million in capital work for 875 units of Section 8 housing in New York City.
L+M Purchases Lands End I.
Whole Foods celebrates its first year in business.
L+M and partners have unveiled new plans for four of the Essex Crossing buildings on the Lower East Side.
2014
L+M Buys Brownsville Portfolio for Nearly $100M.
New Development Seen as Boosting Future of Newark Building Boom at Former Industrial Hub.
NYCHA puts the Real in Real Estate.
New York City to Sell Public-Housing Stake.
L+M and partners announce the opening of Utica Place – the Crown Heights Brooklyn mixed-use project.
L+M provides homes for veterans in Crown Heights.
A new affordable apartment building opened its doors in Crown Heights Monday.
Short Film Documents the Change at Arverne View.
The low- to moderate-income Mitchell-Lama housing, Arverne View, at Far Rockaway has officially reopened.
Rutgers plans new arts center in long vacant Hahnes Department Store.
Celebrity Hairstylist Leases Space at 11 Broadway.
L+M signs What Not to Wear star to 11 Broadway lease.
The Posse Foundation Helps College Students Find Jobs.
L+M Development Partners announced the official opening of Candlestick Heights affordable housing community in San Francisco’s Bayview Neighborhood.
Candlestick Heights Brings High-End Affordable Housing to San Francisco.
L+M Picks up Large Affordable Housing Portfolio in West Harlem.
Pearson Court Square’s state-of-the-art rooftop wind turbines assist with building’s energy generation.
Pearson Court Square, L+M’s 197-unit market rate rental in Long Island City is open for leasing.
A different approach to energy efficiency is surging in New York City.
Another renewable resource of energy is popping up around New York City.
Turbines Popping Up on New York Roofs, Along With Questions of Efficiency.
Pearson Court Square boast three massive wind turbines on its roof.
Arverne East New Plans Include Nature Preserve and Anti Gentrification Stores.
L+M Development Completes first NJ Project in Orange.
Nearly two dozen families have signed leases to move into Candlestick Heights in the Bayview District of San Francisco.
J&R Finds Partner to Redevelop Sites Next to Closed Store.
L+M celebrated the completion of the second phase of construction at its first California community, Candlestick Heights, in San Francisco.
Developer Honored by My Sisters Place.
The Refersh project transforms a former single grocery store into a collaborative fresh foods initiative.
2013
Ron Moelis wants to do good, not just well, and he now seems to be doing a lot of both.
Three Arverne View residents discuss their Sandy experience and their opinion of Arverne View.
City and State officials joined with for-profit and nonprofit developers and service providers to mark the first stage in transforming a former navy prison into affordable and supportive housing.
L+M Development Partners and Dunn Development celebrate the completion of the first phase of Navy Green.
After years of neglect Ocean Village gets a makeover.
White Arkitekter, based in Stockholm, Sweden wins FAR ROC design competition.
A Swedish architecture firm has won the competition to design a sprawling 80-acre development project in the Rockaways.
L+M Development Partners wins Essex Crossing (Seward Park) development project, bringing promise to an area abandoned for over 40 years.
L+M Development and Broad Community Connections’ Refresh Project offers New Orleans’ Mid-City neighborhod better access to fresh, affordable food.
Four semi-finalists selected to design waterfront development in the Rockaways.
L+M’s two commercial leases address the critical need for affordable housing and reasonably-priced retailers in the community.
BronxWorks Honors Debra Kenyon, COO of L+M Development for community service
L+M Joins With Citigroup Unit in Affordable-Housing Effort.
New Orleans City leaders hail The ReFresh Project as an important first step in revitalizing the economically depressed corridor.
New York City officials have joined forces with developers and architects to announce a design competition for an 80-acre site in the Rockaways.
L&M Development Partners, Triangle Equities and the Bluestone Organization have launched a competition for architects, engineers and local residents to design a new project at their storm-battered and stalled Rockaway Peninsula site.
L+M is ranked Top 5 affordable housing developers nationwide.
Family dislocated by Sandy find temporary refuge in Ocean Village.
After sales, defaults, resales, stalls and general complications, the condo development planned for Candlestick Heights will go ahead—as affordable rental housing.
Financing is in place for acquisition and development of Candlestick Heights, a 196-unit affordable rental community just to the west of Candlestick Park in San Francisco.
A long-stalled condominium project near Candlestick Park is being revived as an affordable rental housing development.
2012
Ocean Village complex gets a new owner and new lease on life.
A stalled San Francisco condominium project will be converted into affordable rental housing.
L+M delivers the goal of quality housing for working families.
More than five years after planning began a $32 million downtown apartment tower will welcome its first residents later this fall.
New hope on the horizon for Rockaway Development.
49 North Broadway, the 92 affordable housing unit in Yonkers, NY celebrated its ceremonial opening.
The sales office at La Celia, a new 123-unit middle-income cooperative development located at 64 East 111th Street is officially open.
2010
From an unfavorable history to a family-friendly haven, W. 148th Street has a colorful past.
In the 1950s, Robert Moses excised a patch of Brooklyn waterfront from the larger brownstone neighborhoods of Carroll Gardens and Cobble Hill, using his preferred surgical tool: a highway.
L+M Development Partners and Goldman Sachs Urban Investment Group have revived a long-stalled waterfront site near the Williamsburg Bridge in Brooklyn.
Mr. Moelis, is the chief executive and chairman of L+M Development Partners which develops, constructs, and manages affordable and market-rate apartments for rent or sale throughout the New York area.
Citi Community Capital (“CCC”) and L+M Development Partners today announced the creation of a $100 million New York Affordable Housing Preservation Fund (NYAH Preservation Fund).
The attraction of being near the East River is helping to draw new residents and businesses to the Columbia Street Waterfront District.
The Kalahari condominium, located on W. 116th Street in Harlem, is one of the city’s dozens of mixed-income condo buildings, making it a social engineering construct of sorts.
The new condominium development, known as PS90 located in Harlem, is due to open its doors in the next few days, in the shell of a classic H-shaped public school.
The Brig Site in Wallabout, Brooklyn was once a Navy barracks and then a prison will soon become a two-and-a-half acre residential community.
Palmer’s Dock, an affordable housing development on Brooklyn’s Greenpoint-Williamsburg waterfront was the first affordable housing property developed in Williamsburg under New York City’s Inclusionary Housing Program (IHP).
2009
U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan, city leaders, housing officials, former residents and other community members today celebrated the groundbreaking for the first phase of redevelopment at the former Lafitte public housing site.
New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and New York City Housing Development Corporation (HDC) President Marc Jahr announced today that L+M Development Partners Inc. has closed on the construction funding and will begin rehabilitating 1428 Fifth Avenue, a 120-unit Section 8 rental building located on West 116th Street in Harlem.
Brooklyn Borough President Marty Markowitz and New York State Housing Finance Agency (HFA) President and Chief Executive Officer Priscilla Almodovar today celebrated the completion of Prospect Plaza, a brand new 151-unit affordable housing complex in Ocean Hill-Brownsville.
Loewentheil’s firm, L&M Development Partners Inc., has become one of the nation’s premier companies in the field of affordable housing. It builds and develops mixed-income residential housing in the New York City metropolitan area, and its properties include a million square feet of commercial, retail, and parking garages.
Yonkers officials break ground on new affordable housing.
Moving trucks are a daily occurrence at 837 Washington Avenue in the Bronx, also known as the Aurora Condominium. Showing that homeownership works in the Bronx.
2008
GSLM Capital Partners said it completed financing on the proposed $55 million Columbia Hicks apartment complex in Cobble Hill, marking the first development under GSLM’s recently launched urban investment fund.
The city of New York announces the redevelopment of the Navy Brig site in the Fort Greene / Wallabout area of Brooklyn, which will create a unique and unprecedented mixed-use community.
2006
Affordable housing is going upscale in the South Bronx. Excavating is underway for the nine-story Orion, the area’s first elevated condo building. Anticipated occupancy is this spring.
Mayor Michael R. Bloomberg broke ground on a new 30,000 square foot YMCA Center at Arverne by the Sea in the Rockaways, a 117-acre mixed-use community slated to break ground this summer.
0201
The local organization signed a ten-year lease for 3,400 SF of space.