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.
Gov. Hochul announced Stella Phase II as a recipient of funding among a list of new developments in the Mid-Hudson region. The WBP and L+M project is a transformative mixed-use development near New Rochelle’s Metro-North station featuring 126 affordable condominium units.
The reconstructed Edgemere Avenue between Beach 32nd Street and Beach 38th Street on the Rockaway Peninsula in Queens has reopened after extensive infrastructure upgrades as part of the Arverne East development.
The project, which is expected to be completed by 2027, will also deliver 250 mixed-income rental apartments across two buildings–a six-story building and a 12-story structure–with approximately 2,300 square feet of ground-floor retail space.
National affordable and mixed-income housing leader L+M Development Partners LLC (L+M) today announced changes to its executive leadership team as the firm continues to advance operations and grow its portfolio in the New York area and nationwide.
The mixed-use development Museum Parc will include 250 rental apartments, a 4,000-square-foot gallery for the Newark Museum of Art, and new retail along Central Avenue in Newark.
Alafia Phase II will deliver two 14-story buildings with a combined 634 affordable housing units, including supportive housing, and approximately 22,000 square feet of retail and community facility space.
L+M Development Partners, Triangle Equities, and The Bluestone Organization have announced that the affordable housing lottery has opened for units at the $95.7 million, 146-unit building.
Three new retail leases have been executed at Jasper, a mixed-use development in Long Island City, comprising 6,115 square feet.
The final phase of Marcus Garvey Extension will create a 287-unit affordable and supportive housing development with on-site supportive services.
New nonprofit office signings will bring continued commercial and community vitality to new National Urban League headquarters building at 121 West 125th Street.
National affordable housing leader is recognized for delivering positive impacts for its residents, investors and partners.
The Triborough Preservation portfolio was selected as a round 2 winner in the U.S. Department of Housing and Urban Development’s Green and Resilient Retrofit Program.
Buildings C/E of the Marcus Garvey Extension Project Phase 2 will bring 178 units of new affordable housing to the Brownsville, Brooklyn neighborhood.
The acquisition enables the extension of Riverview Towers Apartments’ affordability for another 30 years.
Winchester Green will transform an existing parking lot into 283 mixed-income homes and community-oriented retail space as part of the Winchester Center vision.
Elected officials, community leaders, and hip-hop legends celebrate the official opening of the $349 million mixed-use project that creates 542 new affordable housing units in the South Bronx and will be the future home of The Hip Hop Museum.
Williamsbridge Gardens brings 170 affordable homes to Northeast Bronx with on-site supportive services available for 85 formerly homeless households.
The $416 million Inwood development will feature all-electric heating and cooling and other sustainable features that advance the state’s climate goals as well as offer free broadband internet to residents.
National affordable and mixed-income housing leader names Spencer Orkus President of Development and Amy Cordone Chief Operating Officer. L+M’s management subsidiary, C+C Apartment Management, names Nikki Wernick Executive Vice President.
The Passive House, geothermal, and solar project will increase energy efficiency and reduce energy costs for residents and incorporates resiliency measures to prevent flooding and storm damage.
The initial phase will create 576 affordable homes, a new 15,000 SF outpatient medical clinic and 7,000 SF of ground retail space.
The 297-unit affordable apartment complex will undergo an extensive $25 million renovation.
The funding will support reopening historic neighborhood streets, public green space and new mixed-income housing and retail.
The new Anderson Plaza provides a retail corridor, seating options, refreshed landscaping, and a café for the community to enjoy.
The theatre’s new home is being developed in partnership with LMXD and RAY, and will include 222 units of mixed-income apartments and commercial space along 125th Street.
Developers will rehabilitate the nine properties while preserving affordability.
Beach Dunes Eats & Arts Café offers affordable, healthy meals and produce for Beach Green Dunes II residents and the surrounding community.
The project will deliver 78 affordable apartments for families, supportive housing and include a ground-floor clinic and office space operated by University Hospital.
The full-scale rehab is planned for 1,900 apartments in East New York with NYCHA remaining the owner of the two properties.
The longtime Chief Operating Officer and affordable housing veteran will become L+M’s CEO starting January 1, 2022.
A thirty-five acre public nature preserve and nature center comprise $30.3 million of the first phase of a resilient, energy efficient, and sustainably focused Arverne East project on the Rockaway Peninsula.
The new mixed-use campus is positioned to become the centerpiece of Newark’s Downtown Arts District. It will deliver 250 apartments, a new gallery and include 2,400 SF of retail space.
The 27-story mixed-use, luxury rental building currently under construction is located in the heart of downtown New Rochelle and expected to open in Fall 2021.
The 100 percent affordable development will bring 446 new apartments,15,000 sf of ground floor commercial space and a new 66,000 sf office for the NYC Human Resources Administration.
Hip Hop legend Nas, LL Cool J, Fat Joe, Lil Kim, Borough President Diaz, city agencies and hip hop luminaries took part in a celebration of the South Bronx development along the Harlem River waterfront.
L+M, Type A Projects, and MSquared will develop the project that will create affordable and supportive housing, and provide quality health care services at Georgia King Village.
The new 750-square-foot space located on the corner of W. 145th and Edgecombe will enable beloved Harlem chef Charles Gabriel to expand his soul food offerings.
The loan follows the November addition of leading biotech firm Halda Therapeutics at New Haven’s premier life-science campus.
Bronx Point includes award-winning public riverfront esplanade, first permanent home for the Universal Hip Hop Museum, community center and youth & environmental programming
The $53.8 million project will feature 170 residences for low and moderate-income families, including 85 for the formerly homeless.
The boutique men’s grooming company has leased almost 5,000 square feet of Class A office space.
The UHHM, which will make its future home at Bronx Point, will host a live broadcast with artists from more than 25 countries including hip-hop legends Chuck D, KRS-ONE, Rakim, Kurtis Blow, Roxanne Shanté and more.
The landmarked gem offers includes high-end finishes, a fully amenitized top floor with sweeping views and an exciting array of tenants from a craft brewery to Newark’s first indoor rock-climbing gym.
The National Urban League’s Harlem headquarters will include a Racial Justice Institute, Civil Rights Museum, affordable housing and retail.
Korean BBQ restaurant KBG to take the remaining 1,932 square feet of space in the iconic Downtown Newark building.
L+M, longtime supporter of Harlem EatUp!, supports Marcus Samuelsson’s initiative to provide nourishing meals for people in need and keep local, independent restaurants open.
Winchester Works, located at 115 Munson Street, includes 145,000 square feet of cutting-edge space for life sciences, tech and traditional office tenants.
The innovative meal program pairs restaurants with community organizations to benefit the City’s most vulnerable and support local businesses.
L+M Development Partners, Jonathan Rose Companies and Acacia Network donate funds to cover costs; Manhattan Borough President Brewer and City Council Member Ayala initiate the effort; Union Settlement coordinates the participation of 20 local restaurants.
Beach Green Dunes II, a 100 Percent Affordable Housing Development in Far Rockaway, features geo-thermal energy generation, passive house standards and resilient design.
At 8,700 square feet, the Halsey Street space will be Ani’s largest location.
The three buildings will develop 348 new affordable housing units and approximately 13,400 SF of commercial and community facility space.
The building will house an exciting array of tenants including a craft brewery and Newark’s first indoor rock-climbing gym.
A joint venture of Wilder Balter Partners, L+M Development Partners and Goldman Sachs Urban Investment Group is developing the $190 million project in downtown New Rochelle.
The new buildings located at 1520 and 1530 Story Avenue bring 435 affordable units to the Soundview neighborhood.
Development team plans transformation of former Winchester factory building into cutting-edge space for life sciences, tech and traditional office tenants.
The 14-story building will house Class A office space, luxury condominiums, ground floor retail and a section of The Market Line.
Permanent financing for the fully leased 12-story rental building is provided by New York State Homes & Community Renewal and Wells Fargo.
New park plaque honors the 2,000 families displaced between 1967 – 1973 and the continued efforts to helping these families return home.
Photographs provide first look at the building’s landmarked Art Deco exterior and lobby, along with state-of-the-art resident amenities.
Brewery opening in 55 South Essex Avenue Just Steps from NJ Transit in the Heart of Downtown Orange.
One of city & state’s most significant preservation deals of former Mitchell-Lama developments will benefit all residents of 2,800-unit portfolio under regulatory agreements with NYC HPD & NYS HCR.
Operated by Project EATS, the quarter acre Essex Crossing Farm will provide produce at Essex Crossing’s Market Line and a wide array of community programming.
Construction to begin on mixed-use project just blocks from Metro-North train as part of downtown’s ongoing revitalization.
Gym is to debut in the recently opened historic NJ Bell Building in Downtown Newark.
Construction is expected to start in the coming weeks on 360 units of affordable housing, a school, social service and public open spaces as part of what’s expected to be largest passive house project in the country.
Financing extends the Section 8 contract to 20 years allowing for a $20 million renovation to upgrade every unit in the building and common areas.
The team behind nearby Hahne & Co redevelopment’s latest offering includes high-end finishes, fully amenitized top floor with sweeping views, porte-cochere and unique art deco motifs paying homage to history of Newark.
The new home in the 100% affordable senior building includes new kitchen, outdoor space and fully-renovated community room and church offices.
Graduates of the sixteen-week program learning construction trades and building a community clubhouse will receive free job placement assistance and help entering apprenticeship programs.
The 26-story building on Manhattan’s Lower East Side features sweeping views and amenities unmatched at any development in the city.
Chinese-American Planning Council and Lower East Side Partnership sign leases at 175 Delancey Street, fast becoming a hub for Lower East Side non-profits as Essex Crossing comes to life on long-vacant site.
Project’s first phase includes 446 units for formerly homeless, very low- low- & moderate-income families along Surf Avenue.
Twelve-story rental building features high-end amenities, including landscaped terrace and rooftop with panoramic views, lounge and state-of-the-art fitness center.
With a ribbon cutting from Mayor Ras Baraka, Launch Pad’s grand opening event will offer opportunities to learn more about initiatives to build entrepreneurship in the Newark community.
Beach Green Dunes II will feature geo-thermal energy generation, passive house certification and resilient design.
L+M Development Partners & Prudential Financial, in Partnership with the YMCA & City of Newark, help bridge the digital divide for over 500 residents, providing opportunity to residents in Newark’s West Ward.
Landmarked Ralph Walker-Designed building is Development Team’s latest investment in Downtown Newark’s revitalization.
First building to open at nine-site project dedicated to longtime LES activist Frances Goldin and will house six former Seward Park Urban Renewal Area tenants.
The 26-story building will house Class A office space, mixed-income rental housing, ground floor retail and a section of the Market Line.
Launch Pad now accepting reservations for founding members.
The closing marks the start of Essex Crossing phase 2 construction.
Interconnected, Amenity-RICH Office Campus Will Include the Market Line and New Home of the Historic Essex Street Market, Indoor and Outdoor Private Amenity Spaces, a New Public Park and a New 14-Screen Movie Theater.
Equipment Donated Through the Second Chance for Our Recreational Equipment (SCORE) Program by Georgia King Village technology partner TEM360 as Part of Larger Effort to Improve Quality of Life at Georgia King Village.
Citi Community Capital and Goldman Sachs Urban Investment Group Will Provide Construction Financing.
A 220-Foot-Long Mural Will Adorn 145 Clinton Street.
Residents Now Have Access to New Outdoor Plaza In Time For Summer.
Library is Part of Larger Effort in Partnership with Prudential Financial Inc. to Preserve and Rehabilitate the 422-Unit Affordable Housing Complex.
Major Renovation to 625-Apartment Mitchell-Lama Complex Returns 80 Unoccupied Homes to the Rent Rolls and Deepens Affordability.
Existing gardens — Mission Garden, Chenchitas Garden, Villa Santurce Jardinera, and Villa Santurce — will collaborate with the development team to design their new spaces.
U.S. Senator Cory Booker: “I commend the local community, elected officials, including my Mayor, Ras Baraka, and business leaders for having the vision and perseverance to complete a project of such magnitude that will benefit the community for decades to come.”
Renovated building features contemporary residences and exceptional shopping & dining experience.
Renovated Building Features Newark’s First Whole Foods, Barnes & Noble, Restaurant from Chef Marcus Samuelsson, and Community Arts Space.
L+M’s Placed-Based Philanthropy Targets Communities with Existing or Slated Development, High Levels of Need.
First Bookstore to be Built in Downtown Newark in Decades.
New “80/20” Rental Building at Avenue D and East 6th Street Will Provide 22 Permanently Affordable Homes.
Plan for “Clubhouse” Made from Redesigned Shipping Containers was Developed by BCJC Youth Participants and Residents of Marcus Garvey Apartments.
Following PS20 in Greenville, a new Pre-k to 5th public school in the Heights, and Head Start on the West Side, New Public School to be built Downtown as Part of Private Residential High Rise Development.
SBH Health System (St. Barnabas Hospital), L+M Development Partners and Hornig Capital Partners joined New York State Homes and Community Renewal (HCR).
Partnership Provides Afterschool Programs, Job Training, Senior Services for Local Residents.