News - 2020

L+M Named in Top 5 of NYC’s Most Active Developers of 2020

The Real Deal - December 28, 2020

The annual rankings are based on the volume of work each developer has underway and the total square footage of those projects.

Read More

Transformative Bronx Point Project is Set to Close

The Wall Street Journal - December 23, 2020

The mixed-use development on the Bronx Harlem River waterfront is scheduled to start construction next month.

Read More

L+M and B&B Urban Secured $78 million in Financing for Williamsbridge Gardens

Commercial Observer - December 23, 2020

Williamsbridge Gardens will be available to low- and moderate-income families, with 85 apartments set aside for the formerly homeless.

Read More

The Lower East Side has Welcomed New Development Including Essex Crossing

The New York Times - December 23, 2020

Essex Crossing is a prominent addition to the Lower East Side, bringing more than 1,000 units, half of which are affordable, a medical center, educational and child-care facilities, green space, retail and entertainment offerings, as well as the new Essex Market and Market Line, to the evolving neighborhood.

Read More

L+M and Partners Close on $160M Redevelopment Project in Washington, D.C.

Rebusiness Online - December 16, 2020

Sursum Corda Phase 1 will include 561 units, with approximately 20 percent designated as affordable, and 50,000 SF of amenities.

Read More

Building Skills NY Has placed their 1000th worker at Sendero Verde

Real Estate Weekly - December 01, 2020

L+M is proud to work with Building Skills, a non-profit that connects underserved New Yorkers with good-paying jobs on local construction sites.

Read More

Ten Questions About 25 Park Row

NY Yimby - November 29, 2020

L+M’s Managing Director for Market-Rate Residential, Tell Metzger, answers questions about the Financial District development about the architectural design, neighborhood retail and more.

Read More

L+M Signs Deal With Local 79 To Hire Union Workers

The Wall Street Journal - November 19, 2020

The workers will be employed at affordable and renovation projects in the South Bronx, East Harlem and East New York neighborhood.

Read More

Sendero Verde Phase One Tops Out in East Harlem

City Realty - November 17, 2020

The country’s largest Passive House project includes 360 units of fully affordable housing.

Read More

Biotech Firm Signs Lease at Winchester Works

Real Estate Weekly - November 11, 2020

Halda Therapeutics will occupy 9.8K SF of laboratory and office space at the science campus in New Haven.

Read More

L+M’s CEO Ron Moelis is ULI NY’s 2020 Visionary Leader Award Honoree

ULI New York - November 03, 2020

This lifetime achievement award recognizes a leader within New York’s real estate community whose body of work exemplifies the missions and values of ULI, and who has had a transformational impact on the region and the industry.

Read More

New Affordable Bronx Development Has its Own Hip-Hop Museum

Fast Company - October 29, 2020

Bronx Point was designed with cultural amenities that will make it a new center for the community.

Read More

Bronx Point Wins Excellence in Design Award

The Architect's Newspaper - October 28, 2020

The development is recognized by the NYC Public Design Commission because of its community-focused design.

Read More

L+M and Urby Close on $91M Project in Newark - October 26, 2020

The former Rutgers building at 155 Washington St. will be converted into apartments, retail space and a welcome center for Rutgers-Newark students.

Read More

Universal Hip Hop Museum Returns after Seven Month Closure

NY1 - October 23, 2020

The pop-up exhibition is a preview of what will eventually be included in the UHHM’s permanent home at L+M’s Bronx Point development.

Read More

Podcast: Community Development with Ron Moelis

Freddie Mac Multifamily - October 12, 2020

L+M’s Founder and CEO discussed racial and social justice, mixed-use and mixed-income housing, and special considerations due to the pandemic, with Freddie Mac Multifamily.

Read More

Boutique Men’s Grooming Company Leases Office Space at Walker House

Real Estate NJ - October 05, 2020

Scotch Porter has leased nearly 5,000 square feet in the historic Newark property.

Read More

Hispanic Heritage Month Honoree: Jose Cruz, C+C Director of Buildings and Operations

News12 - October 01, 2020

The South Bronx native shares how his work ethic shaped his career and led him to mentoring others.

Read More

First Affordable Housing Opens in Rezoned East New York

NY1 - October 01, 2020

Linwood Park Apartments is a 100-unit development that includes supportive housing for formerly homeless families and individuals.

Read More

‘The Gutter’ Gears Up for Its Grand Opening at Essex Crossing

NY1 - September 29, 2020

The 12-lane bowling alley will open with protocols in place to keep bowlers safe and protected.

Read More

International Center of Photography to Reopen Next Week

Bowery Boogie - September 24, 2020

Four new exhibitions will be on display to the public with visitor restrictions and safety guidelines in place.

Read More

Lower East Side’s First Bowling Alley Opens at Essex Crossing

Time Out - September 23, 2020

Slated for an October 1st grand opening, the Gutter’s largest location has 12 bowling lanes with vintage pinsetters from the 1970s, games and a full kitchen and grill available for diners.

Read More

Universal Hip Hop Museum to Host ‘Hip Hop 4 Peace’ Livestream

Bronx Times - September 18, 2020

The UHHM, which will make its future home at Bronx Point, will host a live broadcast with artists from more than 25 countries next week.

Read More

L+M and Other Top Affordable Providers Team up With NLIHC’s Our Home, Our Votes Campaign

City Biz List - Washington, DC - September 15, 2020

The nonpartisan voter engagement campaign focuses on increasing registration and turnout among low-income residents through voter education, registration, and mobilization.

Read More

Harlem Development Brings Target to 125th Street

The New York Post - August 11, 2020

The new Urban League Empowerment Center will be home to the 44,000 SF store.

Read More

L+M and CPP Launch Rehab Project in East Orange NJ

Patch - August 07, 2020

Norman Towers, a 406-unit senior affordable housing community, will receive its first major upgrade and enhancements in decades.

Read More

L+M Supports First Youth-Run Farmstand in the Bronx

Real Estate Weekly - August 06, 2020

The GrowNYC Farmstand gives young people the opportunity to develop entrepreneurial skills and provide fresh produce to their Eastchester community.

Read More

Walker House Apartments Top 90% Leased Milestone

Real Estate NJ - August 05, 2020

The 211-unit building in downtown Newark is on the verge of being fully occupied just over a year after its unveiling.

Read More

Leasing Kicks Off at Essex Crossing’s Largest Building

6qft - August 05, 2020

The Artisan includes 142 apartments ranging from studios through three-bedrooms, plus retail and office space.

Read More

Industry Leaders Discuss Changes to the City’s Affordable Housing Budget

Bisnow - August 04, 2020

A panel of experts, including L+M CEO Ron Moelis and the HPD commissioner, discuss policies and possible solutions to address housing challenges.

Read More

Outdoor Dining Comes to Essex Crossing

6qft - August 03, 2020

The Market Line opens a spacious outdoor patio that offers an assorted menu from its food hall vendors.

Read More

L+M is Proud to Partner with the National Urban League on New Harlem Headquarters

Commercial Observer - July 31, 2020

The new headquarters will include the Urban Civil Rights Museum Experience and the National Urban League Institute for Race, Equity and Justice, along with affordable housing, office space and retail space.

Read More

L+M Executives Rank 25th in Top 100 Real Estate Power Players

Commercial Observer - July 27, 2020

L+M’s Ron Moelis, Lisa Gomez and David Dishy move into the top 25 of the Commercial Observer’s annual roundup of the leading 100 real estate professionals.

Read More

New Joint Venture Partner On Board for Morningside Heights Project

Connect New York - July 20, 2020

Daiwa House joins L+M and Lendlease on the mixed-use project that will bring residential and academic facilities to the neighborhood.

Read More

Affordable Developers Concerned About Building More Housing Amid Budget Cuts

Commercial Observer - July 20, 2020

Delayed financing could postpone construction on some of the City’s biggest projects.

Read More

Newark’s Hahne & Co. Building is 100% Leased - June 14, 2020

KBG Korean BBQ and Grill is the final retail tenant to sign a lease at the historic building.

Read More

L+M Supports Marcus Samuelsson’s Community Kitchen Initiative in Harlem

Forbe's - May 28, 2020

Samuelsson pivots ‘Harlem EatUp!’ festival to provide meals to the community in partnership with World Central Kitchen and local restaurants.

Read More

JLL Named Executive Leasing Agent For New Haven’s Science Park at Yale

Real Estate Weekly - May 26, 2020

Winchester Works includes six floors of Class A office space totaling 145,000 square feet in the state-of-the-art life sciences and creative office building.

Read More

Frances Goldin, a Crusader for the Lower East Side Dies at 95

The New York TImes - May 18, 2020

The community preservationist and namesake for one of Essex Crossing’s senior buildings, Fran saw significant victories as an activist and was a spokeswoman for lost causes.

Read More

Bronx Point Achieves National Recognition for Excellence in Waterfront Design

Bronx TImes - May 15, 2020

Bronx Point is the first affordable housing project to attain verification in the national version of its WEDG (Waterfront Edge Design Guidelines).

Read More

Project Parachute to Support Vulnerable New Yorkers Impacted by COVID-19

AM New York - May 15, 2020

L+M has joined building owners, nonprofits, and service providers to help New Yorkers stay in their homes during the pandemic.

Read More

L+M’s VP of Community Affairs Delivers Meals to Residents

Crain's - May 14, 2020

Yasmin Cornelius shares her motivation to establish a career that engages the community and supports those in need.

Read More

Ron Moelis Named in Real Estate Construction Advisory Council

Real Estate Weekly - May 11, 2020

Appointed by Mayor de Blasio, the 30-member group will help the real estate sector reopen amidst the COVID-19 pandemic.

Read More

Baychester Residents Receive Sustained Food Assistance

Bronx TImes - May 07, 2020

L+M, together with community partners, elected officials and resident leaders, have provided over 650 meals at the Bronx property to date.

Read More

L+M and Common Development Wins Fast Company’s 2020 World Changing Ideas Award

April 28, 2020

Common Roosevelt is a 253-bedroom coliving building designed to share kitchens and common areas.

Read More

L+M Joins NY Workforce Recovery Strategy Group

Gotham Gazette - April 27, 2020

Our Vice Chairman + Senior Partner Debbie Kenyon will represent L+M in the 51-member group and develop solutions to address future challenges of a post-COVID economy.

Read More

L+M Provides Daily Meals to Newark Residents Through Food Donations - April 22, 2020

The Newark Community Street Team delivers food to Georgia King Village and Zion Tower residents.

Read More

New Rochelle Meal Program Supports Local Residents and Restaurants

LoHud - April 20, 2020

Initiated by L+M and Wilder Balter Partners, NourishALL will serve more than 1,000 people with meals from nearly two dozen restaurants in New Rochelle.

Read More

East Harlem Developers Donate Meals to Metropolitan Hospital

Patch - April 16, 2020

L+M has partnered with Jonathan Rose Companies, community nonprofits and restaurants to provide 360 meals per day to hospital workers.

Read More

Essential Construction Shuts Down for Thousands of Affordable Apartments

The New York Post - April 13, 2020

L+M has halted seven of its current construction projects to avoid putting workers at a greater health risk.

Read More

Ron Moelis Named in New York Real Estate Power 100

City & State New York - March 29, 2020

L+M CEO is recognized in the top 10 as an industry leader in New York affordable housing.

Read More

L+M and CPP Complete Affordable Rehabilitation Project in California

Multi-Housing News - March 27, 2020

El Rancho Verde, a 700-unit affordable housing community, serves seniors and intergenerational families.

Read More

Class-A Office Space Properties Are Emerging on the Lower East Side

Commercial Observer - March 17, 2020

Essex Crossing is making a significant mark on the neighborhood contributing over 350,000 square feet of office space.

Read More

New York Residential Building Managers Stay Proactive During Social Distancing

Wall Street Journal - March 16, 2020

C+C Apartment Management implements protective measures to provide a safe haven for their residents.

Read More

One Essex Crossing Gears Up for Sales Launch

CityRealty - March 12, 2020

Condominiums range from studios to three bedrooms and amenities include an outdoor garden, fitness center, playroom, and residents’ lounge pavilion.

Read More

New NYC Apartments for Rent: Spring 2020

Curbed - March 10, 2020

The Artisan at Essex Crossing will start leasing for its 263 apartments – 121 of which are affordable units.

Read More

L+M’s Passive House Properties Have Significant Benefits for Residents

Curbed - March 06, 2020

Beach Green Dunes II and Sendero Verde are designed to provide cleaner air, lower utility costs, and an affordable option for residents.

Read More

TRD’s Annual Tally of the City’s Biggest Investment Sales Firms

The Real Deal - March 02, 2020

The largest multifamily deal of the year was L+M Development Partners and Invesco’s purchase of a 2,800-unit portion of the Putnam portfolio.

Read More

Beach Green Dunes II Officially Opens in Queens

AM New York - February 19, 2020

The 100-percent affordable development includes 127 units and is L+M’s first building designed and built to Passive House standards.

Read More

Walker House: First Choice for Couple on the Hunt

NY Times - February 13, 2020

After comparing recent Newark developments, the historic building proved most suitable to become their new home.

Read More

Essex Market Adds New Vendors on the Lower East Side

AM New York - February 12, 2020

Peruvian favorite Don Ceviche expands under a different name and a new vendor joins the roster.

Read More

25 Park Row Prepares for Anticipated Spring Debut

NY Yimby - February 11, 2020

View recent pics of the high-rise building as it nears completion in The Financial District.

Read More

Major Projects to Redefine NYC’s Skyline This Year

Bisnow - February 06, 2020

Designed by Handel Architects, The Artisan at Essex Crossing includes rentals, 175K SF of Class-A office space and ground-floor retail.

Read More

Lottery Launches for 121 Units at Essex Crossing

6qft - February 04, 2020

The mixed-use tower at 180 Broome Street features a mix of studios through to three-bedrooms.

Read More

Ani Ramen House to Open 6th N.J. Location Inside Historic Hahne’s - January 17, 2020

The award-winning restaurant will occupy 87,000 SF including the company’s first commissary kitchen and corporate offices.

Read More

L+M and CPC Secure $33M Fannie Mae Affordability Package

MultiHousing News - January 15, 2020

The loans will provide long-term preservation of three affordable properties totaling 386 units in New York.

Read More

I.C.P. to Reopen at Essex Crossing This Month

NY Times - January 14, 2020

The four-story, 40,000-square-foot photography museum will bring the exhibition and education spaces under the same roof for the first time this century.

Read More