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 [...]
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 [...]
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 [...]
(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 [...]
Planning students Eboni Senai Hawkins and Sean Dajour Smith are the Weitzman School's first Moelis Scholars The University of Pennsylvania kicked off the inaugural Moelis Scholars Program earlier this year. The program aims to support African American and Latinx students who are thinking about pursuing careers in housing, community and economic development. UPenn, [...]
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 [...]
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 [...]
Yesterday I joined the Lower East Side community, market vendors and representatives from the City to celebrate the official opening of the Essex Market. The market, located on the ground floor of The Essex, is now part of Essex Crossing – an unprecedented development spanning nine sites and over 1.9 million square feet. The Essex [...]
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 [...]
Photo courtesy of the Washington University School of Medicine Image: Sandy Loewentheil (L), Ting Wang, PhD (C) and Karen Loewentheil (R) My L+M co-founder Sandy and I have always shared a commitment to investing in our communities, and I was excited to hear that he and his wife have recently endowed a new professorship at [...]