Our roots are deep.
As the first developer to integrate federal low-income housing tax credits with New York City’s Vacant Building Program, L+M continues to work with national government and financial institutions to create new programs that utilize private activity bonds and the as-of right tax credits that accompany them. L+M created the model for mixed-income homeownership, developing condos throughout the Tri-state area, and has since expanded its affordable and preservation work into California and New Orleans. More recently, L+M was the first developer to implement an onsite inclusionary market-rate condo in Brooklyn.
L+M has consistently been on the cutting edge of urban development and workforce housing.
Because of our reputation for creative approaches to mixed-use and mixed-income developments and emerging market-rate luxury housing, community leaders and government housing agencies consistently turn to L+M as the preferred choice for development partner and builder. Our ability to take an “outside the box” view of development has led to innovation and success.