Press Releases - 2019

New Rochelle Mayor Bramson Joins Local Elected Officials for Groundbreaking Ceremony at 14 LeCount Place

November 22, 2019

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.

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NYC Council Member Salamanca and NYS Assembly Member Crespo Join L+M Development Partners and Nelson Management Group to Open Story Avenue

November 22, 2019

The new buildings located at 1520 and 1530 Story Avenue bring 435 affordable units to the Soundview neighborhood.

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Winchester Partners Acquires Higher One Corporate Headquarters in New Haven’s Science Park at Yale

November 01, 2019

Development team plans transformation of former Winchester factory building into cutting-edge space for life sciences, tech and traditional office tenants.

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202 Broome Street Tops Out at Essex Crossing

October 15, 2019

The 14-story building will house Class A office space, luxury condominiums, ground floor retail and a section of The Market Line.

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L+M Development Partners Secures $52.8 Million Refinancing at the Niko East Village

October 03, 2019

Permanent financing for the fully leased 12-story rental building is provided by New York State Homes & Community Renewal and Wells Fargo.

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Essex Crossing Park Dedicated to Lower East Side Families Displaced from Neighborhood 50 Years Ago

October 02, 2019

New park plaque honors the 2,000 families displaced between 1967 – 1973 and the continued efforts to helping these families return home.

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The First Photographs of Exterior, Lobby and Amenity Spaces at Walker House are Released

August 14, 2019

Photographs provide first look at the building’s landmarked Art Deco exterior and lobby, along with state-of-the-art resident amenities.

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L+M Development Partners Announces August Opening of Four City Brewing, First Brewery to Operate in Orange in Nearly 40 Years

August 02, 2019

Brewery opening in 55 South Essex Avenue Just Steps from NJ Transit in the Heart of Downtown Orange.

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L+M Development Partners & Invesco Real Estate Enter Contract on Landmark $1.2 Billion Transaction to Return More Than 1,800 Deregulated Manhattan Apartments to Affordability

July 31, 2019

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.

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Delancey Street Associates Opens Essex Crossing Farm

July 31, 2019

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.

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Wilder Balter Partners, L+M Development Partners, and Goldman Sachs Urban Investment Group Secure Financing for 14 LeCount Place in the Heart of Downtown New Rochelle

July 17, 2019

Construction to begin on mixed-use project just blocks from Metro-North train as part of downtown’s ongoing revitalization.

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L+M Development Partners, Prudential Financial and Goldman Sachs Announce First Rock Climbing Gym in Newark, Method Climbing, to Open in Walker House Early 2020

June 27, 2019

Gym is to debut in the recently opened historic NJ Bell Building in Downtown Newark.

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L+M Development Partners, Jonathan Rose Companies & Acacia Network Secure $223 Million in Financing for Phase One of Sendero Verde, a 100 Percent Affordable Passive House Development in East Harlem

June 27, 2019

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.

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L+M Development Partners and Prudential Secure Financing to Renovate and Preserve Affordability at 268-Unit Zion Towers in Newark’s South Ward

June 25, 2019

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.

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Leasing Launches at Highly-Anticipated Walker House in Downtown Newark as Restoration of Art Deco Masterpiece Nears Completion

May 13, 2019

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.

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L+M Development Partners and Canaan Baptist Church of Christ Celebrate New Home of Historic Senior Center

April 12, 2019

The new home in the 100% affordable senior building includes new kitchen, outdoor space and fully-renovated community room and church offices.

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Brownsville Community Justice Center Celebrates Construction Training Program Graduation at Marcus Garvey Apartments

February 07, 2019

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.

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Delancey Street Associates Launches Leasing at The Essex in the Heart of Essex Crossing

January 03, 2019

The 26-story building on Manhattan’s Lower East Side features sweeping views and amenities unmatched at any development in the city.

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