Navy Green Team Wins ULI Award for Excellence in Housing Development

On Monday, April 3rd, L+M Development Partners along with partners, IMPACCT Brooklyn and Dunn Development, were awarded the Excellence in Housing Award at the 2017 Urban Land Institute (ULI) New York Annual Awards for Excellence in Development. Located in the Fort Greene/Wallabout area of Brooklyn directly across from the historic Brooklyn Navy Yard, [...]

The Impact of Affordable Housing

As a developer of affordable housing, I see the positive impact of affordable housing and its lasting effects on the communities within which we work; affordable development has economic benefits that go beyond the scope of housing, particularly in terms of employment. Earlier this year, the New York State Association for Affordable Housing (NYSAFAH) released [...]

Historic Hahne & Co. Building Reopens in Newark

L+M Development is best known for its work building affordable housing in New York, but what some might not realize is that we are also active across Northern New Jersey, and recently completed a very exciting project to help revitalize downtown Newark. Last month, we officially reopened the Hahne’s building in Newark, the former home [...]

By | February 15th, 2017|Blog, Community Development, L+M Development news|0 Comments

The First Step: A Conversation on Gentrification

The rezoning of certain neighborhoods to accommodate new development has many New Yorkers worried about being displaced from their communities. This is a very real concern; but unfortunately, the conversation about gentrification and displacement tends to be reductive and does little to enhance the public discourse. In light of the severity of our housing crisis, “gentrification” has [...]