The Next Evolution of L+M

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 [...]

Baychester Houses: A Model for Public-Private Partnerships

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 [...]

ULI NY’s 2020 Visionary Leader in Land Use Award

I was honored to receive the ULI NY's 2020 Visionary Leader in Land Use Award earlier this month, which is a lifetime achievement award recognizing leaders within New York’s real estate community. I am so proud of the work our company does, and I would like to thank my business partner Sandy Loewentheil, who founded L+M with [...]

Podcast: Freddie Mac Multifamily

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 [...]

By | October 20th, 2020|Affordable Housing, Blog, Community Development, New York City|0 Comments

Our Grantees Are Continuing to Serve

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 [...]

Essex Crossing in Milestones

The roof deck at The Essex The architecture critic of The New York Times Michael Kimmelman published an extensive review of Essex Crossing this week. The article is a stunning reminder that the Essex Crossing we envisioned is coming to fruition. It seems like Essex Crossing has reached milestone after milestone over the [...]

A Shared Vision for Improving All Corners of a City

Georgia King Village (L) and the recently opened Walker House (R) As many cities grapple with attracting investment not just in downtowns but also their surrounding neighborhoods, L+M’s work in Newark, N.J shows how a public-private model can do both at once. The L+M team worked closely with the City to nurture a [...]

City Seekers Program Shows the Benefits of Partnership

Together with the leadership of School District 1 Community Schools, Delancey Street Associates (DSA) crafted the City Seekers program. The program engaged local schools and encouraged some of their students to discover their own neighborhood in Lower Manhattan. DSA, a joint venture of L+M Development Partners, Taconic Investment Partners, BFC Partners, the Prusik Group and [...]

Wharton Team Takes 2nd Place in MIINT Competition

For the past six years, I have proudly sponsored the MBA Impact Investing Network & Training (MIINT) program at Wharton School of the University of Pennsylvania.  MIINT attracts bright young minds from around the world to participate in a year-long program where they learn about social and environmental impact investing, an inspiring concept to me [...]

Harlem Capital – VCs with a Mission

One of the things in this business that really inspires me is the entrepreneurial ideas that people develop to support their communities. Take Harlem Capital Partners for example - a young venture capital firm based out of Harlem. I met with them recently for VICE TV’s program Hustle, and they pitched me to come on [...]