L+M Development

14 Lecount Place in New Rochelle. Courtesy of Beyer Blinder Belle

Affordable Housing Lottery Opens for 95 Units at 14 Lecount Place in New Rochelle

The Housing Action Council in New Rochelle is now accepting applications for 14 Lecount Place in the downtown neighborhood. Developed by Wilder Balter Partners and L+M Development Partners, the 27-story mixed-use new-construction building is expected to open this fall with 285 market-rate apartments and 95 affordable rental units. The 457,000-square-foot project is designed by Beyer Blinder Belle. Additional components include 6,200 square feet of retail space, parking, and residential amenities.

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New Georgia King Village development at 4-70 Littleton Avenue in Newark. Courtesy of Inglese Architecture + Engineering.

Construction Imminent on New Georgia King Village in Newark, New Jersey

Construction is expected to break ground this summer on Georgia King Village, a new construction project in Newark‘s Fairmount neighborhood with affordable housing, residences for the formerly homeless, and a community healthcare clinic with social services for at-risk populations. Development partners include University Hospital, L+M Development Partners, as well as various state and city agencies. Inglese Architecture + Engineering is responsible for the design.

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One Essex Crossing Nears Completion on Manhattan’s Lower East Side

Construction is nearing completion on One Essex Crossing, a 14-story full-block development at 202 Broome Street on Manhattan’s Lower East Side. Designed by CetraRuddy for Delancey Street Associates, which is comprised of BFC Partners, L+M Development PartnersTaconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the mixed-use project will add a mix of residential and office space to the nine-building Essex Crossing master plan. Corcoran Sunshine Marketing Group is handling sales for One Essex Crossing, with prices ranging from $890,000 for a studio to $6,689,000 for a duplex penthouse.

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247 Cherry Street and 252 South Street, image from JDS

NIMBY Lawsuits Fail Against Two Bridges Supertalls, On Manhattan’s Lower East Side

This week the New York State Court of Appeals shut down a lawsuit opposing the development of four new skyscrapers in Lower Manhattan’s Two Bridges neighborhood, as reported in The Broadsheet. This legal move upheld the August ruling by Appellate Division of the New York State Supreme Court in favor of a group of developers, including JDS Development Group, CIM Group, L+M Development Partners, and Starrett Corporation, to build four more towers along the Two Bridges waterfront on the Lower East Side. The site is bound by Cherry Street to the north, South Street to the south, mid-block between Pike Slip and Rutgers Street to the west, and mid-block between Clinton and Montgomery Streets to the east.

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