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 [...]
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 [...]
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+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 [...]
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 [...]
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 [...]
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 [...]