News

L+M in the News

Media Contacts

James Yolles: 646.676.4488, james@risaheller.com

Claire Holmes: 646.822.0355, holmes@risaheller.com

NEWS


LMXD, Taconic Partners and MSquared Begin Construction of $416M Mixed-Use Inwood Development

6sqft - May 10, 2023

The property will include a mix of studio, one-, two-, and three-bedroom apartments, 281 of which will be affordable units.

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Lottery Opens for 432 Affordable Apartments at Bronx Point

TimeOut - May 01, 2023

New Yorkers earning from 30% to 120% of the median household are eligible to apply for apartments ranging from studios to three-bedroom units.

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LMXD Celebrates Opening of Anderson Plaza in New Rochelle

Real Estate Weekly - April 25, 2023

The new community space provides a retail corridor, seating options, refreshed landscaping, a café for the community to enjoy, and more.

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LMXD CEO Interviews with Commercial Observer

Commercial Observer - April 18, 2023

David Dishy discusses upcoming projects and shares what distinguishes the LMXD portfolio.

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L+M President of Development Named a Notable Leader in Sustainability

Crain's New York - April 17, 2023

Spencer Orkus is recognized as pacesetter who is propelling the city towards a greener future.

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VITAL Climbing Gym is Coming to Essex Crossing

The Real Deal - April 12, 2023

The location at 182 Broome street will occupy 45,000 SF across three floors.

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Exterior Construction at LMXD’s Claremont Hall Nears Completion

New York Yimby - April 03, 2023

View the latest images of the 41-story development in Morningside Heights.

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L+M CEO Named Power Player in Residential Real Estate

PoliticsNY - March 29, 2023

Lisa Gomez is recognized by PoliticsNY as a leader in affordable housing development.

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Investing in the Next Generation at Concordia Place Apartments

Morning Star - March 21, 2023

L+M, Aequo Foundation, SAA | EVI Development have partnered with EarlyBird to offer every child living at Concordia Place Apartments in Chicago a community a custodial investment account.

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L+M and Partners Secure $45M in Financing to Rebuild Arverne East’s Edgemere Avenue

Crain's New York Business - January 30, 2023

The roadwork between Beach 32nd and Beach 38th streets on the Rockaway Peninsula aims to minimize flood risks and combat the impact of future climate change.

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PRESS RELEASES


Governor Hochul Announces Start of Construction for LMXD, Taconic Partners and MSquared’s 698-Unit Mixed-Income Development in Upper Manhattan

May 09, 2023

The $416 million Inwood development will feature all-electric heating and cooling and other sustainable features that advance the state’s climate goals as well as offer free broadband internet to residents.

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L+M Announces Executive Leadership Promotions

February 16, 2023

National affordable and mixed-income housing leader names Spencer Orkus President of Development and Amy Cordone Chief Operating Officer. L+M’s management subsidiary, C+C Apartment Management, names Nikki Wernick Executive Vice President.

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L+M, Triangle Equities and The Bluestone Organization Close $95.7 Million on Beach Green Dunes III, a 100 Percent Affordable Housing Development in Far Rockaway

January 09, 2023

The Passive House, geothermal, and solar project will increase energy efficiency and reduce energy costs for residents and incorporates resiliency measures to prevent flooding and storm damage.

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Alafia Development is Announced by Governor Hochul to Create 2,400 Affordable Homes and More in East New York

December 19, 2022

The initial phase will create 576 affordable homes, a new 15,000 SF outpatient medical clinic and 7,000 SF of ground retail space.

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L+M and SAA I EVI Acquire Concordia Place Apartments in Chicago

December 14, 2022

The 297-unit affordable apartment complex will undergo an extensive $25 million renovation.

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Next Phase of Winchester Center Advances with $5M State Urban Act Grant

August 25, 2022

The funding will support reopening historic neighborhood streets, public green space and new mixed-income housing and retail.

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L+M Breaks Ground on $4M Transformation of Anderson Street and Plaza

July 21, 2022

The new Anderson Plaza provides a retail corridor, seating options, refreshed landscaping, and a café for the community to enjoy.

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Historic National Black Theatre to Break Ground in Harlem

June 24, 2022

The theatre’s new home is being developed in partnership with LMXD and RAY, and will include 222 units of mixed-income apartments and commercial space along 125th Street.

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L+M and Ginosko Development Company Acquire 1,640-Unit Affordable Housing Portfolio in Michigan

June 21, 2022

Developers will rehabilitate the nine properties while preserving affordability.

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The Campaign Against Hunger Opens New Nonprofit Café & Culinary Arts Center in Far Rockaway

April 21, 2022

Beach Dunes Eats & Arts Café offers affordable, healthy meals and produce for Beach Green Dunes II residents and the surrounding community.

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