News

L+M in the News

Media Contact

James Yolles: 646.676.4488, james@risaheller.com

NEWS


Construction is set to begin on 14 LeCount Place

The Real Deal - July 18, 2019

Phase One of the project will include 380 units of housing, 25 percent of which will be affordable, and more than 6,000 square feet of retail space.

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Counting Down to a Green New York

NY Times - July 15, 2019

Sendero Verde and Beach Green Dunes II are highlighted as affordable housing projects that are leading the way in sustainable design.

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Essex Crossing Is Getting a Bike Shop

Commercial Observer - July 11, 2019

New Jersey bike shop Hilltop Bicycles will open a 2,000-square-foot shop on the ground floor of 175 Delancey Street in August.

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Four City Brewery Co. to Open Near Orange, NJ Train Station

Jersey Diggs - July 08, 2019

Located at 55 South Essex, the craft brewery will be the first to open in the Essex County city in four decades.

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Essex Crossing Successfully Blends Modernity, Tradition & Community

Forbes - July 03, 2019

Essex Crossing is highlighted for aptly preserving the Lower East Side’s history while introducing new amenities to the community.

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L+M Development Secures $20M in Financing for Newark Housing

The Real Deal - July 03, 2019

The refinancing will allow for substantial renovations at the Zion Towers complex, which L+M acquired in 2017.

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Art Deco Buildings Turned Newark into a Place of Refinement

TAP into Deville - July 02, 2019

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.

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More Than 265 Units to be Modernized at Zion Towers

Real Estate NJ - June 27, 2019

L+M Development Partners and Prudential Financial have secured financing to preserve and renovate a government-subsidized housing complex in Newark’s South Ward.

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East Harlem Affordable Homes Bring Green Tech, Social Services and a School

Bloomberg - June 27, 2019

Construction on the first phase of Sendero Verde will begin in the next few weeks and finish by 2022.

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Rock Climbing Gym Comes to Newark

NJ.com - June 26, 2019

Method Climbing is expected to open to the public in early 2020 on the lower floors of Walker House.

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PRESS RELEASES


L+M Development Partners, Prudential Financial and Goldman Sachs Announce First Rock Climbing Gym in Newark, Method Climbing, to Open in Walker House Early 2020

June 27, 2019

Gym is to debut in the recently opened historic NJ Bell Building in Downtown Newark.

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L+M Development Partners and Prudential Secure Financing to Renovate and Preserve Affordability at 268-Unit Zion Towers in Newark’s South Ward

June 25, 2019

Financing extends the Section 8 contract to 20 years allowing for a $20 million renovation to upgrade every unit in the building and common areas.

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Leasing Launches at Highly-Anticipated Walker House in Downtown Newark as Restoration of Art Deco Masterpiece Nears Completion

May 13, 2019

The team behind nearby Hahne & Co redevelopment’s latest offering includes high-end finishes, fully amenitized top floor with sweeping views, porte-cochere and unique art deco motifs paying homage to history of Newark.

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L+M Development Partners and Canaan Baptist Church of Christ Celebrate New Home of Historic Senior Center

April 12, 2019

The new home in the 100% affordable senior building includes new kitchen, outdoor space and fully-renovated community room and church offices.

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Brownsville Community Justice Center Celebrates Construction Training Program Graduation at Marcus Garvey Apartments

February 07, 2019

Graduates of the sixteen-week program learning construction trades and building a community clubhouse will receive free job placement assistance and help entering apprenticeship programs.

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Delancey Street Associates Launches Leasing at The Essex in the Heart of Essex Crossing

January 03, 2019

The 26-story building on Manhattan’s Lower East Side features sweeping views and amenities unmatched at any development in the city.

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Delancey Street Associates Secures $8.75 Million Permanent Loan for Community Facility Space Through Refinancing at The Frances Goldin Apartments at Essex Crossing

December 19, 2018

Chinese-American Planning Council and Lower East Side Partnership sign leases at 175 Delancey Street, fast becoming a hub for Lower East Side non-profits as Essex Crossing comes to life on long-vacant site.

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City Joins BFC Partners, L+M Development Partners, Taconic Investment Partners to Break Ground on 1,000-Unit Affordable Development in Coney Island

November 01, 2018

Project’s first phase includes 446 units for formerly homeless, very low- low- & moderate-income families along Surf Avenue.

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L+M Development Partners Launch Leasing of The Niko East Village

August 18, 2018

Twelve-story rental building features high-end amenities, including landscaped terrace and rooftop with panoramic views, lounge and state-of-the-art fitness center.

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Launch Pad to Host Grand Ribbon Cutting Ceremony on June 6

June 05, 2018

With a ribbon cutting from Mayor Ras Baraka, Launch Pad’s grand opening event will offer opportunities to learn more about initiatives to build entrepreneurship in the Newark community.

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