Previous News


City National Bank moving HQ to revitalized Hahne’s building in Newark - December 17, 2015

City National Bank will relocate its headquarters in Newark to the former Hahne & Co. building.

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Affordable housing’s fate hangs on 421-a renewal, according to L+M’s Lisa Gomez

Crain's New York Business - December 17, 2015

The COO of the affordable- and market-rate housing developer says the average family can’t afford rentals without city subsidies.

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Newark an example for U.S. ‘legacy’ cities, group says - December 08, 2015

The Hahnes development in New Jersey is a model for the revitalization of historic buildings across the country.

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Reinventing the Brooklyn Navy Yard

New York Times - October 30, 2015

The New York Times highlights the reinvention of the Brooklyn Navy Yard.

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SHoP’s Essex Crossing Mega-Market Will Be One of Largest in the Nation - October 26, 2015

Essex Crossing will be transformed and expanded into one the five biggest markets in the country.

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PHOTOS: New Urban Farm in Brownsville to Host Harvest Festival This Weekend

DNAInfo - October 14, 2015

Project EATS, along with dedicated farm volunteers and workers, will host the first ever Brownsville Harvest Festival at the new urban farm across from Marcus Garvey Village apartments.

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Design Within (Financial) Reach: The New Look of Affordable Housing

Observer - October 09, 2015

The Observer highlights Arverne View and Essex Crossing in this article about the evolving look of affordable housing.

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The Challenges of Financing 50/30/20s

Commercial Observer - October 07, 2015

Lisa Gomez explains the 50/30/20 Mixed Income Program in regards to B2 BKLYN, a development destined to be the tallest modular building in the world.

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Construction Finally Starts on SPURA Mega-Project

The Villager - August 28, 2015

Issac Henderson gives a progress report on the billion dollar SUPRA redevelopment project.

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New Mixed-Income Housing on the Lower East Side

New York Times - July 24, 2015

The New York Times highlights the construction on Essex Crossing.

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Upper Manhattan Makeover: Nelson Management Group and L+M Development Partners Unveil Renderings for Transformation of Promenade Apartments

The Bronx Chronicle - July 22, 2015

L+M teams up with Nelson Management Group to renovate the affordable and luxurious Promenade Apartments.

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5 Newarkers split $200K education, job training donation - July 09, 2015

L+M gives monetary donation to Newark Workforce.

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Home Ron: L+M CEO Ron Moelis is Having His Moment.

Commercial Observer - July 08, 2015

Max Rose covers Ron Moelis in a profile piece for the Commercial Observer.

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The Closing – Ron Moelis

The Real Deal - July 01, 2015

The Closing – Ron Moelis .

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L+M’s Greenpoint Affordable Housing Deal Saves Taxpayer Dollars

Crain's New York Business - June 26, 2015

Affordable Housing Deal Saves Taxpayer dollars.

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A Taxing Matter: 421-a

Observer - May 28, 2015

A Taxing Matter: Looking Back on the History of 421-a.

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Public-Private Partnership Preserves Homes for 2,000 New Yorkers

Gotham Gazette - February 10, 2015

L+M Development Partners, as part of Triborough Preservation Partners, will provide $80 million in capital work for 875 units of Section 8 housing in New York City.

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L+M Purchases Lower East Side’s Lands End I - February 10, 2015

L+M Purchases Lands End I.

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Whole Foods Broad Street Celebrates its Anniversary

WDSU News - February 04, 2015

Whole Foods celebrates its first year in business.

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Plans for Essex Crossing development revealed

The Real Deal - January 15, 2015

L+M and partners have unveiled new plans for four of the Essex Crossing buildings on the Lower East Side.

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L+M Buys Brownsville Portfolio for Nearly $100M

The Real Deal - December 29, 2014

L+M Buys Brownsville Portfolio for Nearly $100M.

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New Developments seen as Boosting Future of Newark Building Boom at Former Industrial Hub

Wall Street Journal - December 29, 2014

New Development Seen as Boosting Future of Newark Building Boom at Former Industrial Hub.

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Play with House Money

New York Daily News - December 14, 2014

NYCHA puts the Real in Real Estate.

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New York City to Sell Public-Housing Stake

Wall Street Journal - December 07, 2014

New York City to Sell Public-Housing Stake.

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L+M and Partners Bring Affordable, Veterans Housing to Crown Heights, Brooklyn

Multi-Housing News - November 12, 2014

L+M and partners announce the opening of Utica Place – the Crown Heights Brooklyn mixed-use project.

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New Events, Initiatives for Veterans Across the Borough - November 10, 2014

L+M provides homes for veterans in Crown Heights.

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Utica Place Affordable Housing Opens

News12, Brooklyn - November 10, 2014

A new affordable apartment building opened its doors in Crown Heights Monday.

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Short Film Documents the Change at Rockaway Housing Complex Arverne View

Brownstoner - October 29, 2014

Short Film Documents the Change at Arverne View.

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Sandy-Damaged Complex Reopens

Fox5, New York - October 27, 2014

The low- to moderate-income Mitchell-Lama housing, Arverne View, at Far Rockaway has officially reopened.

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Rutgers Plans New Arts Center in Long Vacant Downtown Newark Department Store - October 09, 2014

Rutgers plans new arts center in long vacant Hahnes Department Store.

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Celebrity Hairstylist Leases Space in South Williamsburg

Commercial Observer - September 16, 2014

Celebrity Hairstylist Leases Space at 11 Broadway.

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L+M Signs What Not to Wear Star to 11 Broadway Lease

The Real Deal - September 15, 2014

L+M signs What Not to Wear star to 11 Broadway lease.

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The Posse Foundation Helps College Students Find Jobs

ABC7, New York - August 07, 2014

The Posse Foundation Helps College Students Find Jobs.

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L+M Development Opens Final Phase of Candlestick Heights

Multi-Housing News - July 28, 2014

L+M Development Partners announced the official opening of Candlestick Heights affordable housing community in San Francisco’s Bayview Neighborhood.

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Candlestick Heights Offers More Affordable Housing Opportunities

CBS, San Francisco - July 24, 2014

Candlestick Heights Brings High-End Affordable Housing to San Francisco.

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L+M Picks up Large Affordable Housing Portfolio in West Harlem

The Real Deal - July 02, 2014

L+M Picks up Large Affordable Housing Portfolio in West Harlem.

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The Windy City is in Queens – Pearson Court Square

Queens Chronicle - June 12, 2014

Pearson Court Square’s state-of-the-art rooftop wind turbines assist with building’s energy generation.

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Pearson Court Square is Leasing

Real Estate Weekly - June 11, 2014

Pearson Court Square, L+M’s 197-unit market rate rental in Long Island City is open for leasing.

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Rooftop Wind Turbines in Queens and Brooklyn

Fox5, New York - June 11, 2014

A different approach to energy efficiency is surging in New York City.

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Wind Turbines being Used in NYC as Source of Alternate Energy

ABC7, New York - June 11, 2014

Another renewable resource of energy is popping up around New York City.

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Turbines Popping Up on New York Roofs

New York Times - May 27, 2014

Turbines Popping Up on New York Roofs, Along With Questions of Efficiency.

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Turbines Atop Pearson Court Square

Brownstoner - May 27, 2014

Pearson Court Square boast three massive wind turbines on its roof.

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Nature Preserve Highlights New Arverne East Plan

DNAInfo - May 23, 2014

Arverne East New Plans Include Nature Preserve and Anti Gentrification Stores.

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L+M Development Completes First NJ Project in Orange - April 30, 2014

L+M Development Completes first NJ Project in Orange.

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Residents vie for 200 Apartments in Bayview

San Francisco Business Times - April 21, 2014

Nearly two dozen families have signed leases to move into Candlestick Heights in the Bayview District of San Francisco.

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J&R Finds Partner to Redevelop Sites Next to Closed Store

The Real Deal - April 21, 2014

J&R Finds Partner to Redevelop Sites Next to Closed Store.

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Second Phase Complete at Candlestick Heights

Multi-Housing News - April 09, 2014

L+M celebrated the completion of the second phase of construction at its first California community, Candlestick Heights, in San Francisco.

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L+M Honored by My Sisters’ Place - March 31, 2014

Developer Honored by My Sisters Place.

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Whole Foods Market Opens in New Orleans

Gambit Weekly - January 31, 2014

The Refersh project transforms a former single grocery store into a collaborative fresh foods initiative.

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Odd Developer L+M on Hot Streak

Crain's New York Business - December 08, 2013

Ron Moelis wants to do good, not just well, and he now seems to be doing a lot of both.

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Rockaway Residents Look Back at Hurricane Sandy and the Move to Arverne View

Brownstoner - November 22, 2013

Three Arverne View residents discuss their Sandy experience and their opinion of Arverne View.

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Navy Green Transforming Former Brig into Housing

New York Non Profit Press - November 08, 2013

City and State officials joined with for-profit and nonprofit developers and service providers to mark the first stage in transforming a former navy prison into affordable and supportive housing.

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L+M and Dunn Development Celebrate Completion of Phase I of Navy Green

Brownstoner - November 01, 2013

L+M Development Partners and Dunn Development celebrate the completion of the first phase of Navy Green.

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Far Rockaway’s Ocean Village Gets a Makeover

New York Daily News - November 01, 2013

After years of neglect Ocean Village gets a makeover.

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How Swede It Is – Arverne East Winner Named

The Wave, Rockaway's Newspaper - October 25, 2013

White Arkitekter, based in Stockholm, Sweden wins FAR ROC design competition.

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Architectural Firm Wins Contest to Rebuild 80-Acre Rockaway Site

Wall Street Journal - October 24, 2013

A Swedish architecture firm has won the competition to design a sprawling 80-acre development project in the Rockaways.

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City Plans Redevelopment for Vacant Area in Lower Manhattan

New York Times - September 17, 2013

L+M Development Partners wins Essex Crossing (Seward Park) development project, bringing promise to an area abandoned for over 40 years.

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NMTCs Offer Fresh Start for Healthy Food Hub

Novogradac Journal of Tax Credits - July 22, 2013

L+M Development and Broad Community Connections’ Refresh Project offers New Orleans’ Mid-City neighborhod better access to fresh, affordable food.

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Bold Experiment for 80-acre Rockaways Site

Crain's New York Business - July 18, 2013

Four semi-finalists selected to design waterfront development in the Rockaways.

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L+M Development Partners Announces Two New Commercial Tenants on South Williamsburg Corridor

National Real Estate Investor - June 20, 2013

L+M’s two commercial leases address the critical need for affordable housing and reasonably-priced retailers in the community.

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BronxWorks Honors COO of L+M Development for Community Action

Multi-Housing News - June 12, 2013

BronxWorks Honors Debra Kenyon, COO of L+M Development for community service

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New Fund Will Buy and Renovate Buildings for Low- or Middle-Income Residents

Wall Street Journal - June 03, 2013

L+M Joins With Citigroup Unit in Affordable-Housing Effort.

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Whole Foods Market work begins on North Broad Street in New Orleans - May 09, 2013

New Orleans City leaders hail The ReFresh Project as an important first step in revitalizing the economically depressed corridor.

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Wall Street Journal: Design contest set for NYC-owned Rockaways site

Wall Street Journal - April 22, 2013

New York City officials have joined forces with developers and architects to announce a design competition for an 80-acre site in the Rockaways.

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Real Deal: Stalled Rockaway site seeks new life through competition

The Real Deal - April 16, 2013

L&M Development Partners, Triangle Equities and the Bluestone Organization have launched a competition for architects, engineers and local residents to design a new project at their storm-battered and stalled Rockaway Peninsula site.

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Affordable Housing Finance: Top 50 Affordable Housing Developers of 2012

Affordable Housing Finance Magazine - April 01, 2013

L+M is ranked Top 5 affordable housing developers nationwide.

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New York Times: New Life Takes Hold After Hurricane and Blight

New York Times - March 07, 2013

Family dislocated by Sandy find temporary refuge in Ocean Village.

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Curbed: Nearly Dead Candlestick Heights Project Finds New Life in Affordable Rentals

Curbed - January 07, 2013

After sales, defaults, resales, stalls and general complications, the condo development planned for Candlestick Heights will go ahead—as affordable rental housing.

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Multi-Housing News: Bay Area’s Candlestick Heights to Offer Crucial Affordable Housing

Multi-Housing News - January 07, 2013

Financing is in place for acquisition and development of Candlestick Heights, a 196-unit affordable rental community just to the west of Candlestick Park in San Francisco.

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San Francisco Business Times: Broken condo deal near Candlestick revived as affordable rental

San Francisco Business Times - January 03, 2013

A long-stalled condominium project near Candlestick Park is being revived as an affordable rental housing development.

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New York Times: Ocean Village gets new owner

New York Times - December 26, 2012

Ocean Village complex gets a new owner and new lease on life.

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A Switch in San Francisco

Wall Street Journal - December 25, 2012

A stalled San Francisco condominium project will be converted into affordable rental housing.

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Yonkers Daily Voice: Yonkers Unveils Downtown Affordable Housing Complex

Yonkers Daily Voice - October 25, 2012

L+M delivers the goal of quality housing for working families.

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Officials open $32M apartment building in Yonkers - October 21, 2012

More than five years after planning began a $32 million downtown apartment tower will welcome its first residents later this fall.

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NY Daily News: Ocean Village Set to get new owner

New York Daily News - October 05, 2012

New hope on the horizon for Rockaway Development.

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New York Newsday: Yonkers affordable housing complex opens to fanfare

New York Newsday - September 15, 2012

49 North Broadway, the 92 affordable housing unit in Yonkers, NY celebrated its ceremonial opening.

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The Real Deal: $140K units for sale in new East Harlem development

The Real Deal - April 19, 2012

The sales office at La Celia, a new 123-unit middle-income cooperative development located at 64 East 111th Street is officially open.

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NY Daily News: A Harlem Street Shows Why and How Affordable Housing Works

New York Daily News - November 05, 2010

From an unfavorable history to a family-friendly haven, W. 148th Street has a colorful past.

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The Real Deal: The Brooklyn Bridge Park Price Bump

The Real Deal - October 01, 2010

In the 1950s, Robert Moses excised a patch of Brooklyn waterfront from the larger brownstone neighborhoods of Carroll Gardens and Cobble Hill, using his preferred surgical tool: a highway.

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CRAINS New York: Goldman arm revives Williamsburg project

Crain's New York Business - September 03, 2010

L+M Development Partners and Goldman Sachs Urban Investment Group have revived a long-stalled waterfront site near the Williamsburg Bridge in Brooklyn.

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New York Times Interview: CEO and Chairman Ron Moelis

New York Times - August 08, 2010

Mr. Moelis, is the chief executive and chairman of L+M Development Partners which develops, constructs, and manages affordable and market-rate apartments for rent or sale throughout the New York area.

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The Wall Street Journal: Citi Community Capital Launches $100 Million New York Affordable Housing Preservation Fund With L+M Development Partners - July 28, 2010

Citi Community Capital (“CCC”) and L+M Development Partners today announced the creation of a $100 million New York Affordable Housing Preservation Fund (NYAH Preservation Fund).

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The Wall Street Journal: By Any Name, Columbia Street District Shows Life

Wall Street Journal - June 30, 2010

The attraction of being near the East River is helping to draw new residents and businesses to the Columbia Street Waterfront District.

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The New York Times: A Building Brings Haves And Have-Somes Together

New York Times - June 25, 2010

The Kalahari condominium, located on W. 116th Street in Harlem, is one of the city’s dozens of mixed-income condo buildings, making it a social engineering construct of sorts.

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The Wall Street Journal: Turning Old School Into New Condos

Wall Street Journal - June 25, 2010

The new condominium development, known as PS90 located in Harlem, is due to open its doors in the next few days, in the shell of a classic H-shaped public school.

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NY1: “Navy Green” Development Hopes To Make Brooklyn Neighborhood Blossom

Spectrum News, NY1 - April 24, 2010

The Brig Site in Wallabout, Brooklyn was once a Navy barracks and then a prison will soon become a two-and-a-half acre residential community.

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Affordable Housing Property Leads Revitalization Of Brooklyn Waterfront

Novogradac Journal of Tax Credits - January 14, 2010

Palmer’s Dock, an affordable housing development on Brooklyn’s Greenpoint-Williamsburg waterfront was the first affordable housing property developed in Williamsburg under New York City’s Inclusionary Housing Program (IHP).

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HUD Secretary Donovan Joins Former Residents And Elected, Housing Officials To Celebrate Groundbreaking At Former Lafitte Community

October 23, 2009

U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan, city leaders, housing officials, former residents and other community members today celebrated the groundbreaking for the first phase of redevelopment at the former Lafitte public housing site.

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HPD Commission Cestero, HDC President Jahr Announce L+M Development Partners to Begin Rehabilitation of a Section 8 Rental Building In Harlem

September 10, 2009

New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and New York City Housing Development Corporation (HDC) President Marc Jahr announced today that L+M Development Partners Inc. has closed on the construction funding and will begin rehabilitating 1428 Fifth Avenue, a 120-unit Section 8 rental building located on West 116th Street in Harlem.

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City and State Join L+M Development Partners to cut Ribbon on Prospect Plaza

September 01, 2009

Brooklyn Borough President Marty Markowitz and New York State Housing Finance Agency (HFA) President and Chief Executive Officer Priscilla Almodovar today celebrated the completion of Prospect Plaza, a brand new 151-unit affordable housing complex in Ocean Hill-Brownsville.

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Providing Quality Affordable Housing, Improving Lives

July 16, 2009

Loewentheil’s firm, L&M Development Partners Inc., has become one of the nation’s premier companies in the field of affordable housing. It builds and develops mixed-income residential housing in the New York City metropolitan area, and its properties include a million square feet of commercial, retail, and parking garages.

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Officials gathered at 330 Riverdale Ave. yesterday to break ground on a $54.5 million affordable-housing complex

June 16, 2009

Yonkers officials break ground on new affordable housing.

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Aurora Condominium Over 90% Sold

May 20, 2009

Moving trucks are a daily occurrence at 837 Washington Avenue in the Bronx, also known as the Aurora Condominium. Showing that homeownership works in the Bronx.

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Newly Formed GSLM Closes First Deal

The Real Deal - October 06, 2008

GSLM Capital Partners said it completed financing on the proposed $55 million Columbia Hicks apartment complex in Cobble Hill, marking the first development under GSLM’s recently launched urban investment fund.

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L+M to Rebuild Brooklyn’s Navy Brig Site

May 01, 2008

The city of New York announces the redevelopment of the Navy Brig site in the Fort Greene / Wallabout area of Brooklyn, which will create a unique and unprecedented mixed-use community.

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Condo Culture Hits the South Bronx

New York Daily News - June 29, 2006

Affordable housing is going upscale in the South Bronx. Excavating is underway for the nine-story Orion, the area’s first elevated condo building. Anticipated occupancy is this spring.

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L+M Awarded Mixed-Use Development Site In The Rockaways

March 10, 2006

Mayor Michael R. Bloomberg broke ground on a new 30,000 square foot YMCA Center at Arverne by the Sea in the Rockaways, a 117-acre mixed-use community slated to break ground this summer.

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