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News

Alafia Development Breaks Ground and Will Create 2,400 Affordable Homes 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

The Real Deal Chicago - December 13, 2022

The 297-unit affordable apartment complex will undergo an extensive $25 million renovation, that includes making the property more sustainable and functional.

Geothermal Reduces Carbon Footprint at Marcus Garvey Extension

PIX11 - December 05, 2022

The three buildings utilize the ground’s temperature to heat and cool the properties, and the improved energy efficiency eases costs for residents and building management while reducing the building’s carbon footprint.

LMXD’s Stella in New Rochelle Meets Resident Lifestyle Needs

Patch - November 16, 2022

Residents share how the amenities, convenient location and more make it a perfect place to live.

Essex Crossing Wins 2022 ULI Global Excellence Award

ULI Americas - October 17, 2022

Six developments across the Americas, Europe, and Asia Pacific are recognized for representing the highest standards of achievement in the land use profession.

L+M SVP Named Crain’s Notable HR Leader 2022

Crain's New York Business - October 17, 2022

Juliette Marshall is recognized for her successful contribution to the evolution of L+M’s workplace functionality.

Sendero Verde’s Tower Construction Passes Halfway Point

New York YIMBY - September 24, 2022

Once complete, Sendero Verde will be the world’s largest Passive House development. This exciting milestone for Sendero Verde B will include 361 permanently affordable units for low- to moderate-income families and the formerly homeless, as well as community spaces.

Museums and Theater Groups Partner with L+M to Build Communities

The New York Times - September 20, 2022

New developments at Bronx Point, Museum Parc, and National Black Theatre will bring housing, retail and restaurants to their sites.

Joe Coffee Opens New Location at LMXD’s Stella

News12 - September 12, 2022

The New Rochelle café will be the company’s first location in the Hudson Valley.

L+M Director of Sustainability Will Be Guest Speaker at Propel by MIPIMNYC

PlaceTech - September 07, 2022

The biggest international event for real estate innovation and proptech aims to create a sustainable, desirable and prosperous built environment.

LMXD Reveals New Photos of ‘Stella’ Amenities in New Rochelle

New York YIMBY - September 05, 2022

Amenities include a 3,000-square-foot fitness center, outdoor roof deck with a pool and barbecue grills, a chef demonstration kitchen, pet spa and more.

Claremont Hall’s Façade Nears Completion in Morningside Heights

New York YIMBY - September 05, 2022

The 41-story residential tower is designed by Robert A.M. Stern Architects and SLCE Architects and developed by LMXD (an affiliate of L+M Development Partners), Lendlease and Daiwa House Texas.

Bond Vet to Open at Essex Crossing

Bowery Boogie - August 31, 2022

The female-led veterinary urgent care option is nearing debut on the Lower East Side at 242 Broome Street.

New Rochelle Summer Sounds Concert Series Kicks Off

Here It There - August 30, 2022

Presented by the New Rochelle Council on the Arts, the annual series will be co-sponsored by LMXD (an affiliate of L+M Development Partners), Wilder Balter Partners and others.

The Next Phase of LMXD’s Winchester Center Advances with $5M Grant

New Haven Independent - August 25, 2022

Funds will be used to reopen neighborhood streets through the old factory complex, rebuild infrastructure, and create new public open spaces.

Linden Houses Hosts First Family Day Celebration Since 2019

BK Reader - August 11, 2022

Electeds officials and hundreds of residents enjoyed a day of family-friendly fun with the property management team.

Mayor Adams Announces $5.5M investment for Universal Hip Hop Museum in Bronx

ABC7 New York - August 03, 2022

The museum will open in a 52,000-square-foot space at L+M’s Bronx Point development.

Developers Prioritize Sustainability Efforts

Commercial Observer - July 25, 2022

L+M Director of Sustainability Lauren Humphry shares the company’s approach on reducing the carbon footprint of The Heritage in Harlem.

LMXD Breaks Ground on $4M Transformation of Anderson Plaza in New Rochelle

Real Estate Weekly - July 22, 2022

Developed in collaboration with Wilder Balter Partners, the renovated plaza will provide a versatile public retail corridor, seating options, refreshed landscaping, and a café near L+M’s other New Rochelle project, Stella.

Essex Crossing Wins 2022 ULI Americas Award for Excellence

Urbanland - July 13, 2022

The 1.9 million square foot development was recognized for responsible land use and sustainable community development.

Excitement Builds for Bronx Point and Universal Hip Hop Museum Completion

Engineering News Record - July 11, 2022

The development will bring affordable housing, educational community facilities, retail, and engaging new open space to the Harlem River waterfront property.

L+M Ranks in The Real Deal’s Top 10 Developers in NYC

The Real Deal - July 05, 2022

L+M Development Partners ranks seventh with five projects totaling 787,000 square feet.

New Marcus Garvey Extension Development Reserves Housing for Formerly Incarcerated Individuals

Gotham Gazette - June 30, 2022

Marcus Garvey Extension Building F recently opened and includes 122 affordable housing units and 52 units reserved for formerly incarcerated individuals. Building F is one of three buildings as part of Marcus Garvey Extension development, and will include 348 apartments when complete.

LMXD Signs Artizan Biosciences at Winchester Works

New Haven Biz - June 28, 2022

The New Haven-based company will occupy 10,000SF of Class A laboratory and office space.

L+M CEO Talks About the Future of Affordable Housing

Commercial Observer - June 27, 2022

Lisa Gomez gives her outlook on the industry and provides updates on some of L+M’s landmark projects

Historic National Black Theatre Breaks Ground in Harlem

Real Estate Weekly - June 23, 2022

Developed in partnership with LMXD and RAY, the project will be home to a new theater and include 222 units of mixed-income apartments.

Lottery Launches for Wiliamsbridge Gardens in Bronx

6sqft - June 20, 2022

Located on East 211th and East 212th, qualifying New Yorkers can apply for one, two and three- bedroom apartments until August 18.

L+M and MWBE Developer Ginosko Acquire 1,640-Unit Affordable Housing Portfolio in Michigan

Commercial Observer - June 20, 2022

The partnership plans to preserve affordability for the nine-property portfolio in addition to modernizing the buildings and units.

Construction Nears Completion at LMXD’s Newark Urby Project

New York Yimby - June 13, 2022

The 18-story property at 155 Washington Street is expected to launch leasing later this summer.

L+M and Partners Secure $466 Million in Refinancing for Essex Crossing Properties

Real Estate Weekly - June 11, 2022

The loans for the Artisan, One Essex Crossing and the Offices at Essex Crossing will provide capital to complete the leasing program for the remaining office and Market Line space.

CEO Lisa Gomez Featured in Affordable Housing Finance

Affordable Housing Finance - June 03, 2022

The L+M executive shares about upcoming projects, company successes and the importance of partnerships in building affordable housing.

SMB Management Services Relocates to Historic Hahne’s Building

New Jersey Business Magazine - June 01, 2022

The new headquarters of the leading facilities management provider will occupy 13,215 square feet across the 2nd floor.

Bronx Point Tops Out

NBC New York - May 24, 2022

L+M, our project partners, and hip hop legend KRS-One, celebrate this exciting construction milestone.

NYC Announces $15 Million Project to Create New Immigrant Research & Performing Arts Center

Broadway World - May 19, 2022

Developed by LMXD, MSquared, and Taconic Partners, the center’s 17,000-square-foot space will be in a new, mixed-income, mixed-use building in Inwood.

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

Commercial Observer - May 16, 2022

L+M’s Lisa Gomez, Ron Moelis, and David Dishy are recognized in Commercial Observer’s annual roundup of the leading 100 real estate professionals.

L+M Recognized for DEI Progress in the CRE Industry

Bisnow - April 29, 2022

Led by Director of DEI LaNelle Alexander, the company’s three-year strategic plan wins an inaugural Bisnow Rise Initiative Award.

The Campaign Against Hunger Opens Café and Culinary Arts Center at Beach Green Dunes II

QNS - April 27, 2022

The non-profit’s first café brings affordable, healthy meals and produce, as well as a job training program to the Edgemere community.

Community Investment is Key to Affordable Housing Development

Forbes - April 21, 2022

L+M partners with a wide range of community groups and nonprofits that bring resources and programming to the neighborhoods where they build.

Harlem River Houses Project Receives $104M in Financing

Commercial Observer - April 08, 2022

The funding will aid L+M, NYCHA and partners in rehabilitating the public housing site which opened in 1937.

Method Climbing and Newark Local Beer are Now Open at Walker House

Patch - April 06, 2022

The historic Newark building includes a 22,000-square-foot indoor rock-climbing gym and a 6,300-square-foot brewery and taproom.

Arverne East Will Transform into A Net-Zero Community

FOX 5 NY - March 29, 2022

The development will feature more than 1,600 units of housing, 80% of it affordable, community centers, a nature preserve, retail space, and much more.

Joe Coffee Opening First Westchester Location at Stella

WFMZ - March 24, 2022

The popular NYC café will offer a full menu of hot and cold beverages and light fare.

Second Phase of Sursum Corda in D.C. Proposed

Urban Turf - March 21, 2022

L+M development partner Toll Brothers has filed an application for a parcel to deliver 715 units across two buildings.

ULI/REAP Online Academy Aims to Spur Diversity in CRE

NJ Biz - March 21, 2022

L+M’s preservation of the historic Hahne and Co. department store is a case study included in the academy’s curriculum.

Charles Pan-Fried Chicken Gears Up for Harlem Opening

Patch - March 16, 2022

The new location at 145th and Edgecombe Avenue is set to welcome patrons on March 26.

The Next Level in Sustainability: Nature Restoration

The New York Times - March 15, 2022

Arverne East will bring a 35-acre publicly accessible nature preserve and restored oceanfront to the Queens community.

The Benefits of Biophilic Design in Healthcare Spaces

Fast Company - March 14, 2022

St. Barnabas Health and Wellness Center integrated health-focused ideas into its design, including an urban farm on the rooftop operated by Project Eats.

Newark Institutions and Developers Work Together to Expand City’s Arts District

NJ Biz - March 14, 2022

LMXD has partnered with Newark Museum of Art and NJPAC to bring housing and new cultural spaces to the downtown neighborhood.

L+M and Partners Close on Affordable Housing and Healthcare Project Near Newark’s University Hospital

Real Estate NJ - March 07, 2022

The project will deliver 78 affordable units and include a ground-floor clinic and office space operated by University Hospital on West Market Street.

Affordable Housing Projects Top 10 Largest Outer-borough Loans

The Real Deal - March 04, 2022

L+M’s Linden Houses + Penn Wortman, Coney Island and Long Island City make the list.

The Rockaways’ Arverne East Will Be NYC’s First Net Zero Community

Bloomberg CityLab - March 04, 2022

The 116-acre oceanfront community will incorporate geothermal heating, passive house design to optimize energy efficiency, and a plan to raise the storm surge elevation.

L+M, NYCHA and HUD Close on $236M Renovation Project at Harlem River

Real Estate Weekly - February 17, 2022

The rehabilitation via NYCHA’s PACT program includes upgrades to 690 apartments and building common areas.

Lisa Gomez and Ron Moelis Rank 10th in Real Estate Power 100

City & State New York - February 15, 2022

City & State highlights the leading forces shaping the next phase of development in New York.

One Essex Crossing Highlighted as a Key Development

Commercial Property Executive - February 07, 2022

The first condo building within Essex Crossing included one of the most significant new office spaces that opened last year in NYC.

Coney Island Project Breaks Ground for Second Phase

The Real Deal - January 25, 2022

The 10-story mixed-use building will include 376 affordable housing units and a care facility to be run by the New York City Health and Hospital Corp.

L+M Expands Its Footprint to Philadelphia

The Philadelphia Inquirer - January 21, 2022

The Philadelphia Housing Authority has chosen a team of New York developers, including L+M, to redevelop Westpark Apartments.

LMXD Breaks Ground in Long Island City

The Real Deal - January 14, 2022

The 484,000-square-foot project will yield 499 residential units and 40,000 square feet of ground-floor retail and community facility space.

Newark Local Beer at Walker House

The New York Times - January 04, 2022

The New York Times highlights the independently owned craft brewery and taproom.

Quantum-Si Signs Lease at Winchester Works in New Haven

The Real Deal - January 04, 2022

The new headquarters for the life sciences firm includes 65,000 square feet of office, research and development space.