News - 2019

Why Essex Crossing Is a Model Mega-Development

CityLab - September 12, 2019

Essex Crossing, a six-acre project, seeks to fit into—rather than shake up—New York’s Lower East Side.

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New Food Halls Sprout Up in New York City

The New York Times - September 03, 2019

This fall, the Market Line, with 30 vendors of prepared food and fresh ingredients, including some restaurants, will open on the level below Essex Street Market.

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Low-Income New Yorkers in Line for Affordable Housing Jobs

Real Estate Weekly - August 30, 2019

L+M will support the development of a new training program that will help people prepare for, and access, employment opportunities.

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Newark Local Beer, a Micro-Brewery, Will Open Inside the Renovated Walker House

NJ.com - August 26, 2019

The brewery will open in early 2020 and will bring unique and local flavors to downtown Newark.

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Get a Peek Inside the Fully Restored Walker House

6sqft - August 14, 2019

The Art Deco masterpiece at 540 Broad Street officially opened in June.

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New Brewery to Open at 55 South Essex Avenue in Orange

northjersey.com - August 02, 2019

The first brewery to operate in the area in nearly 40 years will be just steps from the NJ Transit.

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An Aerial Farm Sprouts at Essex Crossing

Daily News - July 31, 2019

In addition to selling fresh produce, the Essex Farm will work with local medical providers to connect patients to health vegetables, host after-school programs and provide free breakfasts for seniors and families.

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L+M and Invesco Venture to Buy 2,800 Manhattan Rental Properties and Will Make Two-Thirds Affordable

The Wall Street Journal - July 30, 2019

The joint venture will preserve five former Mitchell-Lama developments and return more than 1,800 units in Manhattan to long-term regulation.

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L+M & Partners Secure Financing for New Rochelle Development

Real Estate Weekly - July 24, 2019

14 LeCount Place, a 27-story mixed-use and mixed-income building, is expected to be completed in 2022.

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A developement in Harlem will be home to the National Urban League’s new headquarters and affordable housing

Curbed - July 22, 2019

The 17-story building on West 125th Street will include a new civil rights museum, office space, space for neighborhood nonprofits, and 170 affordable apartments.

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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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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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L+M Continues Significant Preservation Work at Zion Towers

Patch - June 26, 2019

The building’s 268 apartments will be modernized with new kitchens and bathrooms, as well as updates to the common areas, roof, building façade and elevators.

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Lottery Launches for Essex Crossing Affordable Senior Housing

Patch - June 19, 2019

Annual income requirements for the building at 140 Essex St. range from zero to approximately $51K.

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Historic Walker House Opens in Newark

TAP into Newark - June 11, 2019

The restored building, originally built in 1929 as the Bell Telephone Building, includes affordable housing, tech classrooms and office space.

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Coming Home to the Lower East Side

NY Times - June 10, 2019

A resident of The Essex reflects fondly on her childhood neighborhood as she returns to the community over 40 years later.

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Kingsbridge Heights Apartments Officially Opens its Doors

CityLand - June 03, 2019

The affordable, energy efficient building located in the Bronx provides housing and supportive services to formerly homeless families.

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Full Stomachs Equal Happy Renters

NY Times - June 03, 2019

Buildings developed in tandem with food halls, like The Essex, are proving to be very attractive for residents.

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After-School Program Brings Lower East Side Students To Essex Crossing Sites

Patch - June 03, 2019

The City Seekers program educates kids on the Lower East Side’s history and the Essex Crossing development.

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AHF Names 2019 Readers’ Choice Award Finalists

Affordable Housing Finance - May 31, 2019

L+M’s The Essex is a finalists for the Mixed-Use category.

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View Progress Photos of 25 Park Row

YIMBY - May 22, 2019

Work on the 50-story tower in the Financial District is on schedule to be completed by the end of this year.

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Essex Market Makes its Official Debut

The Lo-Down - May 13, 2019

The grand opening included a ribbon-cutting ceremony and speeches from city officials.

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Essex Market Opens to the Public on Lower East Side

AM New York - May 13, 2019

The new market is home to more than 35 vendors and is nearly three times the size of the original market.

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10 Fun Facts About the New Essex Market

Untapped Cities - May 13, 2019

Learn more about the marketplace that continues the traditions of valuing small business and serving as a resource for the community.

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Newark’s Historic Walker House Launches Leasing

NJ Star Ledger - May 09, 2019

View photos of the landmarked 21-story building as renovations near completion.

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Essex Crossing Developers Create City Seekers After School Program

NY1 - May 08, 2019

In partnership with three Lower East Side schools, the program teaches children the history of their neighborhood over an eight-week period.

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Highly Anticipated New Essex Market Opens in May

Eater NY - April 25, 2019

The grand-opening for the longtime city-owned food hall is scheduled for May 13th.

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L+M Executives Rank 26th in Top 100 Real Estate Power Players

Commercial Observer - April 23, 2019

L+M’s Ron Moelis, Lisa Gomez and David Dishy rank #26—up from #31 in 2018—in the Commercial Observer’s annual roundup of the top 100 real estate players.

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Leasing At Newark’s Walker House Set to Begin May 1

Wall Street Journal - April 19, 2019

L+M’s newest development will include 64 apartments, with 20% set aside for affordable housing, commercial space, and ground-floor retail.

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Tower at Essex Crossing’s 180 Broome St. Tops Out

Curbed - April 17, 2019

Designed by Handel Architects, the mixed-use 26-story building will include 142 market-rate rentals and 121 affordable units.

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Harlem Church Partners with L+M to Open New Senior Center

Patch - April 12, 2019

Three years after their lease expired at a former location, Canaan Baptist Church of Christ opened its new center on Fifth Avenue and 117th Street.

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L+M Joins List of Top 10 Companies Completing Acquisitions

Affordable Housing Finance - April 11, 2019

Affordable Housing Finance names L+M #7 in its 2018 annual rankings.

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L+M Named #18 in Top 50 Owners List of 2018

Affordable Housing Finance - April 09, 2019

L+M ranks 18th in the country for Affordable Housing Owners and 20th for Affordable Housing Developers.

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Regal Opens New 14-Screen Multiplex at Essex Crossing

The Lo-Down - April 08, 2019

The three-level theater at 129 Delancey St. features stadium seating, luxury recliners and an expanded concessions menu.

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Essex Crossing’s First Phase Wins ULI Award

Patch - April 05, 2019

The Urban Land Institute New York honors the Lower East Side development team for excellence in mixed-use development.

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NYC’s 13 Most Anticipated Restaurant Openings of Spring 2019

Eater NY - April 04, 2019

The new Essex Street Market and Market Line are bringing big names to the Lower East Side.

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An Immigrant Success Story at the Essex Street Market

The Lo-Down - April 04, 2019

Owner of Pain D’Avignon shares a brief account of the bakery’s history.

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The Market Line Embracess Its Immigrant Past

The New York Times - April 02, 2019

By inviting local businesses, the Essex Crossing marketplace seeks to evoke the environment of the Lower East Side in the 19th century.

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Essex Crossing Development Knows Its Neighbors

New York Magazine: Intelligencer - April 01, 2019

Planners intentionally designed the project to compliment the Lower East Side neighborhood and culture.

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Ron Moelis Named in New York Real Estate Power 50

City & State New York - March 31, 2019

L+M CEO is recognized in the top 20 as an industry leader who is reshaping New York.

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Film Production Forum Turns Spotlight on Express Newark Arts Incubator

ROI - March 22, 2019

Located within the Hahne & Co. building, the Rutgers University-Newark’s community-based arts collaborative is committed to social justice realized through the arts.

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Speakers Announced for The Real Deal’s 12th Annual NYC Showcase and Forum

The Real Deal - March 21, 2019

L+M’s Ron Moelis will be a featured panelist at the May 15th event.

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Here’s the Full List of Vendors for the New Essex Street Market

Bowery Boogie - March 18, 2019

Forty merchants will debut at the grand opening this spring.

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Lottery Opens for 113 Affordable Units in Far Rockaway

6sqft - March 18, 2019

The eight-story building, which meets passive house certification, is the second phase of Beach Green Dunes.

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L+M’s Innovative Approach Clinches ‘Owner of the Year’

ENR - March 18, 2019

L+M executives share how their work is grounded in social responsibility.

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Impressive Views from the Rooftop Terrace at The Essex

Patch - March 15, 2019

The view from the 26-story tower is a main selling point for the 98 market rate rentals.

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Housing Lottery Launches for New South Bronx Rental

6sqft - March 14, 2019

Story Avenue West is comprised of 223 mixed-income units and offers several amenities including proximity to 205 acres of green space.

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Essex Crossing is Ready for its Closeup

Commercial Observer - March 12, 2019

Phase one of the highly anticipated project, which will include a food hall and family entertainment, will soon be completed.

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A City Mom Upgrades Her Empty Nest

NY Times - March 07, 2019

Niko East Village resident shares her experience in finding her new home and why The Niko was her first choice.

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Unique Look at Newark Will Now be Seen by the World

ROI-NJ - March 06, 2019

United Airlines Hemisphere’s magazine features the City of Newark in the March issue, and highlights The New Ark Hanger Steak at Marcus B&P.

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Sales are Underway at 25 Park Row

Real Estate Weekly - March 01, 2019

The high-rise building features 110 residences, and was developed by L+M in partnership with the family behind J&R Music World.

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Adda Hitmakers Are Bringing Everyday Indian Fare to New Essex Street Market

Eater NY - February 26, 2019

Dhamaka will be one of two full-service restaurants opening this summer on the Lower East Side.

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Universal Hip-Hop Museum Coming to the Bronx

NY1 - February 13, 2019

L+M’s Bronx Point development located on the Harlem River waterfront will be home to the museum.

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New Brownsville Training Program Preps Residents for Construction Careers

BK Reader - February 12, 2019

Residents at Marcus Garvey Apartments graduate from a 16-week program that teaches them new skills in carpentry, framing and electrical work.

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L+M’s Isaac Henderson is featured on the ULI New York Blog

ULI New York - February 08, 2019

Q & A with the Development Director of Essex Crossing, which is a 2019 ULI Awards Finalist for Excellence in Mixed-Use Development.

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New Essex Street Market Completes Vendor Lineup

AM New York - February 05, 2019

Restaurants Don Ceviche, Happy Pig, Mille Nonne and Heros & Villains join the marketplace.

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L+M Named ENR New York’s 2019 Owner of the Year

ENR New York - February 04, 2019

L+M was selected for this accolade because of its mixed-income and affordable housing projects as well as its commitment to enhance communities.

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A New Condo Tower Debuts At Former J&R Music Site

Curbed - January 29, 2019

COOKFOX architects created 25 Park Row as a modern interpretation of the surrounding landmark buildings.

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How Essex Crossing Is Part of The New Lower East Side

Real Estate Weekly - January 25, 2019

The project was designed to harmonize with the existing community and bring central amenities to the neighborhood.

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Muralists Sought for Public Art at New Essex Street Market

Bowery Boogie - January 23, 2019

A painting that embodies the market’s historical significance and the community’s culture will be installed.

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Commercial Real Estate Women New York’s Luncheon

New York Real Estate Journal - January 22, 2019

L+M’s Bernadette Amarosa was a panelist for a discussion about the transformation of the Lower East Side and Essex Crossing.

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Housing Lottery Odds Are Better Than Powerball

The New York Times - January 11, 2019

Elated New Yorkers share their success stories of winning new affordable homes at Essex Crossing, Greenpoint Landing and other properties.

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10 Major Real Estate Projects Coming To NYC This Year

Bisnow - January 09, 2019

Beach Green Dunes II in Far Rockaway is L+M’s first building designed and built to Passive House standards.

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Essex Crossing’s Second Senior Housing Building Rises Halfway

Bowery Boogie - January 08, 2019

The 100% affordable development will include 92 studio apartments.

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Essex Crossing’s Latest Market-Rate Rental Arrives

Curbed - January 03, 2019

Amenities at The Essex include a lounge with billiards, a library, a meeting room, a children’s playroom, a fitness center with Peloton bikes, and a rooftop terrace.

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Urban Land Institute Award Finalists Announced

Urban Land Institute - January 03, 2019

275 Broad Street and Essex Crossing Phase 1 are finalists in the Excellence in Repositioning and Mixed-Use Development categories respectively.

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Leasing Launces at The Essex

City Realty - January 03, 2019

The building features ground-floor retail, a new 14-screen Regal Cinemas and The Market Line, a bazaar-like marketplace set to be one of the largest in the world.

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6 Crucial Ways New York City’s Landscape Will Change in 2019

Curbed - January 02, 2019

Essex Crossing will have several major openings as Phase 1 nears completion.

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5 Newark Development Projects to Watch in 2019

TAP into Newark - January 01, 2019

The art deco tower at 540 Broad Street will feature 265 units, including about 50 affordable residences and over 80,000 SF of office space.

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