News

Media Contacts

James Yolles: 646.676.4488james@heller.inc

Claire Holmes: 646.822.0355holmes@heller.inc

NEWS


Essex Crossing Developer, NY Governor Hochul and MTA Announce Delancey St–Essex St Station Upgrades and Housing Project

April 04, 2025

A number of projects are coming to the Delancey St–Essex St Station complex to make it completely accessible, and to increase housing for the community.

Arverne East Coastal Conservation Center and Nature Preserve Highlighted

Architizer - April 04, 2025

Architizer named the Arverne East Coastal Conservation Center and Nature Preserve as one of seven community centers in the world raising the social standard due to the versatility of the center for local gatherings.

Affordable Housing Lottery Launches for LMXD’s Miramar

New York YIMBY - April 03, 2025

The affordable housing lottery has launched for Miramar, a pair of interconnected mixed-income and mixed-use buildings in Inwood, Manhattan. Designed by Beyer Blinder Belle Architects and developed by LMXD, an affiliate of L+M Development Partners, MSquared, and Taconic Partners, the structure yields 698 residences.

LMXD and Partners Launch Leasing for Residences at Jasper in LIC

Long Island City Post - March 12, 2025

Residential leasing has been launched by LMXD, Domain Companies, the VOREA Group, and Bridge Investment Group for all 499 units in the Jasper, a mixed-use development at 2-33 50th Ave., just half a block away from Gantry Plaza State Park in Long Island City.

LMXD and Partners break ground on Museum Parc in Newark, NJ

Real Estate NJ - February 20, 2025

LMXD, MCI Collective, and the Newark Museum of Art joined public officials this week to break ground on Museum Parc, which will include 250 apartments, ground-floor retail space and other amenities across two buildings.

L+M Names Joe Curatolo as CFO and Nikki Wernick as President of Property Management

Commercial Observer - January 23, 2025

L+M Development Partners has made changes to its executive leadership team by naming Joe Curatolo as chief financial officer and Nikki Wernick as president of property management.

Stanley Avenue Preservation Students Design Their Own Community Center

The NYCHA Journal - December 17, 2024

As part of the NYCHA STEAM Innovators project, students from Stanley Avenue Preservation opened a community center in the Penn Wortman Houses that they designed over the summer led by the Salvadori Center.

Housing Lottery Launches for LMXD and Partner’s National Black Theatre Redevelopment Project in Harlem

New York YIMBY - December 06, 2024

Developed by  LMXD and Ray and designed by Handel Architects and Frida Escobedo, the property will include 222 residences and will be the permanent home of the National Black Theatre. Available on NYC Housing Connect are 58 units for residents at 40 to 130 percent of the area median income.

LMXD’s Westpark Redevelopment is a New Approach to Philadelphia’s High-Rise Public Housing

The Philadelphia Inquirer - December 01, 2024

Instead of building yet another suburban-style townhouse complex, LMXD and Msquared intend to triple the number of units at Westpark to a total of 1,000. To accomplish that goal, they will reuse the existing towers, making them the centerpiece of a new community that features a variety of housing.

Local Rockaway Students Name Arverne East Building the “Coastal Conservation Center”

November 29, 2024

Students and staff from P.S. 106 Lighthouse Elementary School gathered with elected officials, local leaders, and L+M Development Partners at the Arverne East Welcome Center to officially unveil the building’s new name during a special ceremony.


PRESS RELEASES


Construction on LMXD, MCI Collective, and Newark Museum of Art’s Museum Parc Begins

February 20, 2025

The project, which is expected to be completed by 2027, will also deliver 250 mixed-income rental apartments across two buildings–a six-story building and a 12-story structure–with approximately 2,300 square feet of ground-floor retail space.

L+M Announces Joe Curatolo as Chief Financial Officer and Nikki Wernick as President of Property Management

January 23, 2025

National affordable and mixed-income housing leader L+M Development Partners LLC (L+M) today announced changes to its executive leadership team as the firm continues to advance operations and grow its portfolio in the New York area and nationwide.

LMXD, MCI Collective, Newark Museum of Art Close on Financing For Museum Parc Development

January 03, 2025

The mixed-use development Museum Parc will include 250 rental apartments, a 4,000-square-foot gallery for the Newark Museum of Art, and new retail along Central Avenue in Newark.

RiseBoro Community Partnership, L+M, Apex Building Group Close on Financing for Phase II of Alafia

December 24, 2024

Alafia Phase II will deliver two 14-story buildings with a combined 634 affordable housing units, including supportive housing, and approximately 22,000 square feet of retail and community facility space.

Housing Lottery Opens at Beach Green Dunes III in Far Rockaway, Queens

October 23, 2024

L+M Development Partners, Triangle Equities, and The Bluestone Organization have announced that the affordable housing lottery has opened for units at the $95.7 million, 146-unit building.

The Domain Companies, LMXD, the VOREA Group, and Bridge Investment Group Sign Leases with Frankie’s Brooklyn Pizza, Tiger J Taekwondo, and Matsuzuki Sakura at Jasper in LIC

October 17, 2024

Three new retail leases have been executed at Jasper, a mixed-use development in Long Island City, comprising 6,115 square feet.

Governor Hochul Announces the Start of Construction on Marcus Garvey Extension Phase 2 in Brownsville, Brooklyn

May 14, 2024

The final phase of Marcus Garvey Extension will create a 287-unit affordable and supportive housing development with on-site supportive services.

Taconic Partners, Prusik Group, BRP Companies & L+M Development Partners Sign Leases with Studio Museum in Harlem, United Negro College Fund, and Virginia Union University at the Urban Empowerment Center

May 06, 2024

New nonprofit office signings will bring continued commercial and community vitality to new National Urban League headquarters building at 121 West 125th Street.

L+M Development Partners Named Freddie Mac 2024 Multifamily Impact Sponsor

April 04, 2024

National affordable housing leader is recognized for delivering positive impacts for its residents, investors and partners.

Triborough Preservation Awarded $20M HUD Grant

March 28, 2024

The Triborough Preservation portfolio was selected as a round 2 winner in the U.S. Department of Housing and Urban Development’s Green and Resilient Retrofit Program.