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 [...]
Josue Sanchez, one of L+M’s Senior Directors, was recently recognized by News12 for National Hispanic Heritage Month. Josue currently oversees the Bronx Point project, an approximately 530,000 SF transformative mixed-use development in the South Bronx. When complete, the development will bring affordable housing, educational community and retail spaces, new open space along the Harlem River [...]
The Real Deal recently launched a Real Estate Master Class and I am honored to be one of the industry professionals featured in their series. It was a pleasure to share knowledge about my career in building affordable housing, as well as provide insight into the process and how it works for developers. Watch my [...]
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 [...]
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 [...]
Local 79 Business Manager Mike Prohaska and I recently jointly penned an opinion piece for the Daily News about the need for affordable housing in parallel with investment in communities, particularly those hard hit by the COVID-19 pandemic. Even though our perspectives sometimes differ, one thing we do share is a vision of creating more [...]
Work on Sendero Verde in Harlem is Underway The Real Deal published a story in its January edition about the complexity urban, suburban and rural communities face when delivering affordable housing, including the some of the downsides of community preferences. In New York City in particular, there are a myriad of challenges, one [...]
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 [...]
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 [...]