L+M Partners

Birds-eye rendering of Claremont Hall at 100 Claremont Avenue

Claremont Hall’s Façade Nears Completion at 100 Claremont Avenue in Morningside Heights, Manhattan

8:00 am on September 5, 2022 By Michael Young

Construction is nearing completion on Claremont Hall, a 41-story residential tower at 100 Claremont Avenue in Morningside Heights, Manhattan. Designed by Robert A.M. Stern Architects and SLCE Architects and developed by Lendlease, Daiwa House Texas, and LMXD, an affiliate of L+M Development Partners, the 354,000-square-foot structure will yield 165 condominium units in one- to four-bedroom layouts as well as classrooms, office space, and faculty housing for Union Theological Seminary. Lendlease is the general contractor for the property, which is located by the corner of Claremont Avenue and West 122nd Street.

Rendering of the Newark Urby - Illustration by Tangram 3DS

Construction Nears Completion at Newark Urby, 155 Washington Street, in Newark, New Jersey

7:00 am on June 13, 2022 By Sebastian Morris

Urby’s next residential community will soon debut at 155 Washington Street in Newark, New Jersey. Known simply as Newark Urby, the property will comprise 250 rental apartments ranging from studios up to three-bedroom floor plans.

Updated preliminary rendering of 260 South Street towers

Chetrit Group Secures $70M Loan to Purchase 260 South Street on Manhattan’s Lower East Side

7:30 am on April 27, 2022 By Sebastian Morris

The Chetrit Group is now the owner of 260 South Street, a forthcoming high-rise complex on the Lower East Side of Manhattan, following a $70 million acquisition loan from Madison Realty Capital. The waterfront development will eventually include 64-story and 74-story towers in the Two Bridges section of the neighborhood.

Rendering of Walker House (CetraRuddy / Inglese Architecture & Engineering)

Brewery and Rock Climbing Gym Debut at Historic Walker House in Newark, New Jersey

7:30 am on April 7, 2022 By Sebastian Morris

Newark’s historic Walker House at 540 Broad Street is now home to a local brewery and a 22,000-square-foot indoor rock-climbing gym, the latest phase of a multimillion-dollar redevelopment plan led by LMXD, Prudential Financial Inc., and Goldman Sachs Urban Investment Group. Located in the heart of downtown, Newark Local Beer and Method Climbing + Fitness sit below 20 stories of rentals that debuted in 2020.

Rendering of 250 Georgia King Village - Inglese Architecture and Engineering

Developers Secure $42M in Financing for an Affordable Housing Development at 250 Georgia King Village in Newark, New Jersey

7:30 am on March 11, 2022 By Sebastian Morris

L+M Development Partners, Type A Projects, and MSquared recently closed on $42 million in construction financing to complete a 78-unit affordable housing project in Newark, New Jersey. The property will occupy a portion of an existing residential complex at 250 Georgia King Village in the city’s Fairmount neighborhood.

YIMBY Scopes Views from One Essex Crossing at 202 Broome Street on Manhattan’s Lower East Side

8:00 am on February 18, 2022 By Michael Young

YIMBY went on a tour of One Essex Crossing, a 14-story mixed-use building at 202 Broome Street and one component of the nine-building Essex Crossing development on Manhattan’s Lower East Side. Designed by CetraRuddy for Delancey Street Associates, a partnership of BFC Partners, L+M Development Partners, Taconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the property yields residential and office space on a full-block parcel bound by Delancey Street to the north, Broome Street to the south, Suffolk Street to the east, and Norfolk Street to the west. Corcoran Sunshine Marketing Group is handling marketing and sales for One Essex Crossing, which is approaching 50 percent sold.

Rednering of River Commons (Site A) - Photo courtesy of Bernheimer Architecture

HPD Reveals River Commons Affordable Housing Property in Concourse, The Bronx

7:30 am on January 12, 2022 By Sebastian Morris

The New York City Department of Housing Preservation and Development (HPD) has revealed the first of two new affordable housing properties in the southwest corner of The Bronx. Located in Concourse near the intersection of River Avenue and East 168th Street, Site A will eventually debut as River Commons and will comprise 278 affordable apartments.

Developers Close on $30.3M Financial Package to Complete ‘Arverne East’ in The Rockaways

7:30 am on December 18, 2021 By Sebastian Morris

L+M Development Partners, Bluestone Organization and Triangle Equities have closed on $30.3 million in financing to complete the first phase of Arverne East, a forthcoming master-planned community in the Rockaways.

Rendering shows Two Bridges waterfront with several proposed large-scale buildings. Credit: SHoP Architects.

Two Bridges Associates Files Permits for 71-Story Skyscraper at 265 South Street on the Lower East Side

7:30 am on September 29, 2021 By Vanessa Londono

Permits have been filed for a 71-story mixed-use skyscraper with affordable Housing at 265 South Street in Manhattan’s Lower East Side. Located adjacent to Rutgers Park between Jefferson Street and Frank T. Modica Way, the lot was previously addressed as 260 South Street. Four blocks north of the site is the East Broadway subway station, serviced by the F train. Two Bridges Associates L.P., a partnership between L+M Development Partners and the CIM Group, is listed as the owner behind the applications.

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

7:00 am on July 24, 2021 By Vanessa Londono

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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