(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 [...]
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 [...]
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. [...]
Via New York Magazine I found this article, "The Urban Housing Crisis Is a Test for Progressive Politics" by Jonathan Chait, to be well worth the read. It's an interesting piece about NIMBYism (not-in-my-backyard) and fears of gentrification. Living and working in New York City, we are witness to a lot of change and [...]
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 [...]
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 [...]
On Monday, April 3rd, L+M Development Partners along with partners, IMPACCT Brooklyn and Dunn Development, were awarded the Excellence in Housing Award at the 2017 Urban Land Institute (ULI) New York Annual Awards for Excellence in Development. Located in the Fort Greene/Wallabout area of Brooklyn directly across from the historic Brooklyn Navy Yard, [...]
As a developer of affordable housing, I see the positive impact of affordable housing and its lasting effects on the communities within which we work; affordable development has economic benefits that go beyond the scope of housing, particularly in terms of employment. Earlier this year, the New York State Association for Affordable Housing (NYSAFAH) released [...]
Nothing underscores the vulnerability and limited capacity of New York City's electric grid quite like extreme weather. In October 2012, as hurricane Sandy barreled down on the greater New York metro area, millions of homes lost power. In New York City, more than 700,000 residents had no electricity, while in New Jersey and Pennsylvania over three million people lost power. [...]
The rezoning of certain neighborhoods to accommodate new development has many New Yorkers worried about being displaced from their communities. This is a very real concern; but unfortunately, the conversation about gentrification and displacement tends to be reductive and does little to enhance the public discourse. In light of the severity of our housing crisis, “gentrification” has [...]
