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.
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.
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.
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.
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.
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.
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.
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.
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.
LMXD, MCI Collective, and the Newark Museum of Art joined public officials this week to break ground on Museum Parc, which will include 250 apartments, ground-floor retail space and other amenities across two buildings.
L+M Development Partners has made changes to its executive leadership team by naming Joe Curatolo as chief financial officer and Nikki Wernick as president of property management.