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 [...]

L+M’s Senior Director Named in City & State’s 40 Under 40

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 [...]

L+M and Laborers’ Local 79 Announce Major Hiring Agreement

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 [...]

The Changing Face of Downtown Newark

Via New York Magazine Earlier this week Tap into Newark ranked The New Jersey Bell building (recently renamed Walker House) and 155 Washington Street as two of the top five projects to watch in Newark in 2019. The article highlights the flurry of development in the area, with a focus on Downtown Newark. [...]

Recognizing Women in Construction

  Earlier this month, leaders from across the construction industry gathered to celebrate women in construction, including two of our own from L+M. I’d like to congratulate Bernadette Amarosa and Amy Cordone, winners at this year’s Outstanding and Next Generation of Women Builders Annual Awards. The annual awards recognize exceptional women in the construction industry [...]

Frances Goldin & A Lower East Side Update

  Earlier this year, I shared the news of the first building at Essex Crossing nearing completion. Now, residents have moved in. Read more about the new residents of Frances Goldin—A Homecoming 50 Years in the Making, New York Times   The building, named for local activist Frances Goldin, is a 100% affordable [...]

The First Building Opens at Essex Crossing

We are so thrilled to welcome home our first Essex Crossing residents at Site 6, a 100% affordable senior building, and the first building to open at the Seward Park Urban Renewal Area (SPURA) on the Lower East Side of Manhattan. The first residents to have moved into the building at Site 6 (located at [...]

L+M Development Team Participates in the 2017 JP Morgan Chase Corporate Challenge

On Wednesday, May 31st, 35 employees of L+M joined me and 15,000 runners for this year’s JP Morgan Chase Corporate Challenge in New York City’s Central Park. The 5K race, open to companies of any size, brings colleagues together to run as a team.  The event is billed as a “global celebration of corporate teamwork, [...]

Supporting Impact Investing Students at the 2017 MIINT Competition

This past spring, the sixth annual MBA Impact Investing Network Training (MIINT) competition was held in Philadelphia. I’m a firm believer in the importance of social impact investing, and I’m proud to be one of the sponsors of the competition.  The MIINT competition, also co-sponsored by University of Pennsylvania’s Wharton School of Business as well as the Bridges [...]