When Sandy and I started this company in 1984, we couldn’t have dreamed that L+M Development Partners would go on to become a nationally recognized developer of affordable and workforce housing. But almost 40 years later, we stand proudly with our dedicated team, who are the best in the business and have built an inclusive [...]
The New York Times just published an article about Rental Assistance Demonstration (RAD) called "A Rebirth in the Bronx: Is This How to Save Public Housing?", which focuses on L+M's Baychester Houses project. Together with Camber Property Group and MDB Community Housing Corporation, we partnered with NYCHA to renovate Baychester using the RAD program to create a much-improved [...]
I'm pleased to share that Ayanna Oliver-Taylor was named one of New York’s 40 Under 40 in the development and construction industry last week by City & State. She is a leader within our organization, and her work is critical to protect affordable housing for the city’s vulnerable residents. Ayanna is a Senior Director of [...]
Local 79 Business Manager Mike Prohaska and I recently jointly penned an opinion piece for the Daily News about the need for affordable housing in parallel with investment in communities, particularly those hard hit by the COVID-19 pandemic. Even though our perspectives sometimes differ, one thing we do share is a vision of creating more [...]
Work on Sendero Verde in Harlem is Underway The Real Deal published a story in its January edition about the complexity urban, suburban and rural communities face when delivering affordable housing, including the some of the downsides of community preferences. In New York City in particular, there are a myriad of challenges, one [...]
A rendering of Bronx Point You may have seen a story in last week's Wall Street Journal announcing an agreement between L+M and Laborers’ Local 79. The agreement will set an important precedent for the future of progressive affordable housing development, union job creation and local hiring in New York City. Local hiring has long been an [...]
At the end of the summer, I sat down with some folks from Freddie Mac to talk about community development, but throughout our conversation we covered a range of topics, including mixed-income and mixed-use housing, racial and social justice, and how L+M is navigating the pandemic landscape. Thank you to Steve Guggenmos and Corey Aber [...]
The City could see a loss of 21,000 new affordable apartments next year due to NYC Housing Preservation and Development’s budget cuts, as reported in the Commercial Observer. And while HPD stated the budget is shifting to the 2022 and 2024 fiscal years, delays to construction projects resulting in the cuts will have a dramatic [...]
L+M grantee NYC Urban Debate League’s students working together last year With everything going on at the moment, I think it’s more important than ever to shine a light on some of the positive things going on in our community. Therefore, I wanted to take a moment and acknowledge the amazing efforts of [...]
(L – R) Some of The Carolina team, including Eric Calabrese, Mark Trashaj, Jeannine Britt and Josh Elkin We shared a story on our website last week about Jeannine Britt – one of our local hires from Essex Crossing. Through our partnership with the Lower East Side Employment Network (LESEN), Jeannine is now a full-time [...]