News

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James Yolles: 646.676.4488james@heller.inc

Claire Holmes: 646.822.0355holmes@heller.inc

NEWS


LMXD and Partners’ Jasper Development Completes Retail Lease Up

New York Business Journal - June 24, 2025

StretchLab, an assisted-stretch wellness center, has signed the final retail lease at the Long Island City mixed-use development Jasper.  The project is a joint venture among The Domain Companies, LMXD, the VOREA Group and Bridge Investment Group.

L+M Companies Announces Strategic Partnership with Sixth Street

Commercial Observer - June 11, 2025

Partnership will support L+M’s growth efforts in the New York region, as well as expand development and preservation work in affordable housing around the country.

LMXD and Partners’ New Orleans Redevelopment Project Receives Funding

Biz New Orleans - June 09, 2025

Tulane University and the New Orleans City Council agreed on June 7 to release $20 million from the Wisner Trust towards a transformative, mixed-use redevelopment of the Charity Hospital building. Engineering and design for the project will be provided by The Domain Companies, LMXD, SKK Opportunity Zone Fund I, LLC, and others.

L+M and Partners Reopen Reconstructed Edgemere Avenue

The Wave - May 28, 2025

The improved section of the roadway incorporates green infrastructure elements, has been widened for additional traffic capacity, and has been raised to mitigate flooding risks. The road upgrades were completed as part of the forthcoming Arverne East project, the city’s first net-zero community.

Sena Affordable Communities and Partner Start Rehab of Kingsbury Towers in Trenton, NJ

Real Estate New Jersey - May 22, 2025

According to Sena Affordable Communities, an affiliate of L+M Fund Management, and Cortell Development Group, the renovations at Kingsbury Towers will focus on upgrading apartments and updating common areas, mechanical systems and exterior features.

LMXD’s Miramar Highlighted for its Design and Partnership with The People’s Theatre

The New York Times - May 12, 2025

The Miramar, at West 206th Street between Ninth and 10th Avenues, is a mixed-income, mixed-use rental building nestled near the Harlem River in a largely immigrant neighborhood. 

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

amNY - 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.


PRESS RELEASES


L+M Companies Announces Strategic Partnership with Sixth Street

June 11, 2025

Partnership will support L+M’s growth efforts in the New York region, as well as expand development and preservation work in affordable housing around the country.

Stella Phase II Receives Funding Award From Mid-Hudson Development Fund

May 28, 2025

Gov. Hochul announced Stella Phase II as a recipient of funding among a list of new developments in the Mid-Hudson region. The WBP and L+M project is a transformative mixed-use development near New Rochelle’s Metro-North station featuring 126 affordable condominium units.

Arverne East Development Team Announces the Reopening of the Reconstructed Edgemere Avenue

May 28, 2025

The reconstructed Edgemere Avenue between Beach 32nd Street and Beach 38th Street on the Rockaway Peninsula in Queens has reopened after extensive infrastructure upgrades as part of the Arverne East development.

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.