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James Yolles: 646.676.4488james@risaheller.com

Claire Holmes: 646.822.0355holmes@risaheller.com

NEWS


New York City Owner Elevates Affordable Housing

Engineering News-Record - April 08, 2024

Low-income housing has always been an L+M priority—it has acquired, built or preserved more than 46,000 residential units in the last four decades, roughly 86% of which are affordable. More recently, however, it has expanded its focus to include climate change goals as key design and construction criteria—a deciding factor in ENR New York’s decision […]

L+M Gets $126M for Last Phase of Brownsville Affordable Housing Project

Crain's New York Business - March 27, 2024

Construction on the last phase of the Marcus Garvey extension project in Brownsville is expected to break ground in the next few weeks after L+M and its partner finalized $126 million in financing.

LMXD and Partners Break Ground on Winchester Green

New Haven Independent - March 21, 2024

LMXD and partners joined city officials and community stakeholders for the Winchester Green groundbreaking ceremony.

L+M CEO Named 2024 Power Player in Real Estate

PoliticsNY - March 20, 2024

L+M CEO Lisa Gomez was listed among the top public officials, business executives, public relations and lobbying experts, tenant organizers and nonprofit leaders impacting New York’s real estate industry.

C+C Security Guard and Artist Leads Paint + Sip for Seniors at Edenwald Houses

BronxTimes - February 19, 2024

Seniors at the Bronx property enjoyed mocktails and snacks during the Valentine’s Day event led by artist Kondi Nikabou, who also works there as a security guard under L+M’s property management arm, C+C Apartment Management.

Street Level: Arverne East Nature Preserve

AIA New York - February 09, 2024

Learn how landscape architects Starr Whitehouse reimagined the 35-acre site to become an urban nature preserve for the Far Rockaway community.

LMXD and Partners Close on Winchester Green in New Haven

Hartford Business Journal - December 28, 2023

Construction is to begin on $90M mixed-use project that will host 283 mixed-income apartments.

Jasper Progresses At 2-33 50th Avenue In Long Island City, Queens

December 19, 2023

Construction is rising on Jasper, a 13-story residential building at 2-33 50th Avenue in Long Island City, Queens. Designed by S9 Architecture and developed by The Domain Companies, LMXD, and The Vorea Group, the 125-foot-tall structure will span 550,000 square feet and yield 499 units.

Housing Lottery Opens for Nearly 300 Units at Sendero Verde

Pix 11 - December 18, 2023

Units range in size from studios to three bedrooms, and amenities include an outdoor terrace, fitness center, free in-unit-access to broadband internet for all households and more.

L+M and Partner Close Deal for MGX Phase 2 Building G

Crain's New York Business - December 15, 2023

L+M Development Partners is gearing up to commence construction on the second phase of its Marcus Garvey extension project in Brownsville, Brooklyn.


PRESS RELEASES


New York State Announces Completion of $91 Million Affordable and Supportive Housing Development in the Bronx

July 27, 2023

Williamsbridge Gardens brings 170 affordable homes to Northeast Bronx with on-site supportive services available for 85 formerly homeless households.

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.

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.

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.

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.

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.

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.

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.

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.

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.