L+M Development Partners

New York City this week opened a public nature preserve in Far Rockaway that serves as the centerpiece of a new sustainable mixed-use project. The 35-acre natural area marks the first phase of Arverne East, a development transforming a vacant 116-acre oceanfront site into a community with 1,650 homes, retail, and open space. The nearly $1 billion project will produce more energy than it consumes, through passive house construction and a district geothermal system, making it the city's first net-zero community.
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Architecture And Design

276 units available at affordable Passive House in East Harlem, from $498/month

Renderings courtesy of the NYC Department of Housing Preservation and Development

December 13, 2023

276 units available at affordable Passive House in East Harlem, from $498/month

Applications are being accepted for 276 mixed-income units at the world's largest fully affordable Passive House in East Harlem. Located at 50 East 112th Street, the building is the second phase of Sendero Verde, a mixed-use project with affordable housing, outdoor space, a school, community space, and retail. New Yorkers earning 30, 50, 60, and 110 percent of the area median income, or between $19,646 for a single person and $192,610 for a household of seven, can apply for the units, which range from $498/month studios to $3,169/month for three bedrooms.
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Affordable Housing

See plan to replace former Harlem prison next to Central Park with 105 affordable homes

All renderings courtesy of Gov. Kathy Hochul’s office

December 6, 2023

See plan to replace former Harlem prison next to Central Park with 105 affordable homes

A plan to replace a former Harlem prison with affordable housing is moving forward. Gov. Kathy Hochul on Tuesday unveiled Seneca, the winning proposal for a project that will transform the Lincoln Correctional Facility at West 110th Street, which shuttered in 2019, into 105 affordable homes for purchase. The governor selected a team led by Infinite Horizons, L+M Development Partners, Urbane, and Lemor Development Group to develop the roughly $90 million project, which will go through a public review process before final approval.
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Bronx Point phase one opens with 542 new homes and a waterfront park

Photo credit: Sylvester Zawadzki

October 20, 2023

Bronx Point phase one opens with 542 new homes and a waterfront park

The first phase of a major mixed-use development in the South Bronx has officially opened. Officials on Thursday unveiled 542 new units of affordable housing and a 2.8-acre waterfront public park now complete as part of the $349 million Bronx Point project. The development will also be home to the Universal Hip Hop Museum, which will open in 2025 as the first museum of its kind in the country.
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$416M mixed-use development will bring 700 new apartments to Inwood

Renderings courtesy of the New York Governor’s Office

May 10, 2023

$416M mixed-use development will bring 700 new apartments to Inwood

A massive mixed-use development project will bring nearly 700 mixed-income housing units to Upper Manhattan. Gov. Kathy Hochul on Tuesday announced the two buildings, located at 405 and 407 West 206th Street in Inwood, will feature all-electric heating and cooling and other sustainable features to help the state reach its carbon reduction goals. The $416 million complex includes a mix of studio, one, two, and three-bedroom apartments, 281 of which will be reserved for residents earning at or below 80 percent of the area median income.
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Live above the nation’s first hip hop museum in the Bronx, from $465/month

Renderings courtesy of S9 Architecture

May 2, 2023

Live above the nation’s first hip hop museum in the Bronx, from $465/month

A housing lottery opened this week for 432 mixed-income units at Mott Haven's major waterfront project, Bronx Point. Located at 575 Exterior Street, Bronx Point is a 22-story mixed-use development with over 1,000 apartments, retail space, and the country's first permanent museum dedicated to hip hop. New Yorkers earning 30, 50, 80, and 120 percent of the area median income, or between $18,515 annually for a single person and $198,600 for a household of seven, can apply for the apartments, priced from $465/month studios to $3,332/month three bedrooms.
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Affordable Housing

108 apartments for low-income seniors available in Brownsville

Rendering courtesy of the NYC Department of Housing Preservation and Development

March 28, 2023

108 apartments for low-income seniors available in Brownsville

A housing lottery opened this week for 108 apartments at a new senior housing development in Brooklyn. Located at 381-401 Chester Street in Brownsville, Simba Simbi Seniors is an eight-story apartment building offering senior residents comfortable homes and a wide variety of amenities. Applicants must have at least one household member who is 62 years of age or older, qualifies for Section 8 benefits, and earns no more than $60,050 annually. Eligible New Yorkers will pay 30 percent of their income for the available studio and one-bedroom apartments.
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Affordable Housing

Lottery opens for 84 affordable units in the Bronx neighborhood of Williamsbridge, from $681/month

Image courtesy of the NYC Department of Housing Preservation and Development

June 20, 2022

Lottery opens for 84 affordable units in the Bronx neighborhood of Williamsbridge, from $681/month

A housing lottery opened this week for 84 affordable units at a new rental in the Bronx. Located on East 211th and East 212th Streets between White Plains Road and Holland Avenue, Williamsbridge Gardens offers its residents a wide variety of amenities and services for low-income and formerly homeless households. New Yorkers earning 40, 50, 60, 70, and 80 percent of the area median income, or between $26,229 for a single person and $132,400 for a household of seven, are eligible to apply for the apartments, which range from $681/month one-bedrooms to $2,273/month three-bedrooms.
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Affordable Housing

First permanent museum dedicated to hip hop tops off on the South Bronx waterfront

Rendering: S9 Architecture

May 31, 2022

First permanent museum dedicated to hip hop tops off on the South Bronx waterfront

The country's first permanent museum dedicated to hip hop hit a major construction milestone last week. The Universal Hip Hop Museum (UHHM) topped out in the South Bronx last week as part of the huge mixed-use project Bronx Point. The museum, located at Exterior Street and East 150th Street, aims to serve as a "living document" that will chronicle the history of the music genre in the borough where it was invented 50 years ago.
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Lottery opens for 324 units at world’s largest affordable Passive House, from $388/month

A housing lottery opened this week for more than 300 apartments at the world's largest fully affordable Passive House. Sendero Verde is a mixed-use project currently under construction in East Harlem that includes affordable housing, community space, retail, outdoor gardens, and a school. As part of phase one, the 100 percent affordable building designed by Handel Architects is now accepting applications for 324 mixed-income units. New Yorkers earning 30, 40, 50, 60, 80, and 110 percent of the area median income can apply for the apartments, which range from $388/month studios to $2,524/month three bedrooms.
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Affordable Housing

Apply for 95 affordable apartments at stylish high-rise in New Rochelle, from $1,082/month

Rendering courtesy of Beyer Blinder Belle

July 9, 2021

Apply for 95 affordable apartments at stylish high-rise in New Rochelle, from $1,082/month

A housing lottery opened this week for 95 affordable apartments at a newly constructed rental tower in the "city outside the city." Located at 14 LeCount Place in downtown New Rochelle, the 27-story luxury building is the latest mixed-use development to rise in the bustling Westchester city. Eligible applicants must earn 50 or 70 percent of the area median income, between $44,650 annually for a one-person household and $89,250 annually for a four-person household. Applications are now being accepted for studios, one-, and two-bedroom apartments, ranging in price from $1,082/month to $1,953/month.
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Affordable Housing

Construction set to begin at huge South Bronx complex with Universal Hip Hop Museum

Rendering courtesy of S9 Architecture

January 6, 2021

Construction set to begin at huge South Bronx complex with Universal Hip Hop Museum

Construction of the South Bronx mixed-use project that will have over 1,000 units of housing, a waterfront esplanade, and a permanent home for the Universal Hip Hop Museum is set to begin in the coming weeks. Developed by L+M Development Partners, Type A Projects, BronxWorks, and the city of New York in a public-private partnership, the project, known as Bronx Point, secured $349 million in financing last week. S9 Architecture is leading the design of the 22-story development, with the publicly-accessible open space along the Harlem River designed by Marvel Architects and Abel Bainnson Butz.
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Massive Two Bridges projects can move forward without City Council approval

Rendering: SHoP Architects

August 27, 2020

Massive Two Bridges projects can move forward without City Council approval

Three projects that include the construction of four towers and the creation of nearly 3,000 housing units in Two Bridges meet all zoning requirements and can move forward without City Council approval, an appeals court ruled Thursday. The Appellate Division of State Supreme Court reversed a lower court's ruling that had stopped the Manhattan megaproject from going ahead.
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Target to open at major mixed-use development in Harlem

BRP Companies

August 12, 2020

Target to open at major mixed-use development in Harlem

A deal to bring the National Urban League back to Harlem was reached last month as part of a mixed-use development project planned for 125th Street. In addition to affordable housing, office space for nonprofits, and the city's first museum dedicated to civil rights, the $242 million project, known as the Urban League Empowerment Center, includes a new 44,000-square-foot Target, as the New York Post first reported.
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Real estate investors buy $1.2B worth of NYC market-rate rentals with plan to make them affordable

The River Crossing building in Harlem; Photo by CTC Creative

July 31, 2019

Real estate investors buy $1.2B worth of NYC market-rate rentals with plan to make them affordable

A group of real estate investors is buying 2,800 New York City rental apartments for $1.2 billion. But instead of keeping with the industry's custom of converting affordable units into market-rate homes, L+M Development Partners and its partner Invesco Real Estate plan on returning a chunk of those units to long-term regulation. The venture involves the purchase of five former Mitchell-Lama buildings in Manhattan, with four in Harlem and one on Roosevelt Island.
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113 chances to live beachfront in Far Rockaway, from $331/month

Courtesy of Curtis + Ginsberg Architects

March 18, 2019

113 chances to live beachfront in Far Rockaway, from $331/month

A lottery launched this week for 113 mixed-income apartments in Edgemere, a beach-front neighborhood just outside of Far Rockaway in Queens. Designed by Curtis + Ginsburg, the eight-story building meets passive house certification by utilizing a geo-thermal cooling and heating system with a resilient, flood-proof design. Qualifying New Yorkers earning 30, 40, 50, 60 and 100 percent of the area median income can apply for the available units at 45-19 Rockaway Beach Boulevard, which range from a $331/month studio to a $1,910/month three-bedroom.
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Affordable Housing

Plan released for a seven-building, 800+ unit affordable development in Brownsville

Rendering via L+M and Curtis+Ginsberg Architects

June 26, 2018

Plan released for a seven-building, 800+ unit affordable development in Brownsville

Plans for a seven-building affordable housing development in Brooklyn's Brownsville were released this week, as part of the city's revitalization effort in the neighborhood. As part of the "Brownsville Plan," the proposed project includes eight-to nine-story residential buildings with new retail and community space along Livonia Avenue. The project would extend the existing Marcus Garvey Apartments, a housing complex built in the mid-1970s that currently has many underutilized parking lots (h/t YIMBY). Overall, the more than 900,000-square-foot development will bring over 840 affordable apartments, currently estimated to be set aside for New Yorkers earning 80 percent or below the area median income.
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East Harlem’s affordable Sendero Verde complex gets fresh renderings and a 384-unit mixed-use tower

Rendering courtesy of Handel Architects

June 8, 2018

East Harlem’s affordable Sendero Verde complex gets fresh renderings and a 384-unit mixed-use tower

Permits have been filed for a 37-story, 384-unit tower in East Harlem as part of Sendero Verde, a massive mixed-use complex developed by Jonathan Rose Companies and L + M Development. The site's newest building is set to rise at 1681 Madison Avenue and measure just over 385,000 square feet. Floors five through 36 of the Handel Architects-designed building will contain 12 apartments each; offices and retail space will occupy the first three levels, as CityRealty learned. A fresh pair of renderings of Sendero Verde highlights the winding central landscaped path, nonprofit DREAM's charter school and the extensive community space planned for the development.
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Affordable Housing

Lottery for 218 affordable units opens in new Bronx building with yoga pavilion and rooftop farm

Rendering courtesy of Dattner Architects

May 8, 2018

Lottery for 218 affordable units opens in new Bronx building with yoga pavilion and rooftop farm

Nearly a year ago, L+M Development Partners and Hornig Capital Partners broke ground on a $156 million, mixed-use development on the St. Barnabas Hospital campus in the Belmont section of the Bronx, adjacent to Little Italy's Arthur Avenue and just a short walk to the Bronx Zoo. A pair of all-affordable housing projects--an 11-story, 181-unit building at 4511 Third Avenue and a 12-story, 133-unit building down the street at 4439 Third Avenue--the Dattner Architects-designed complex aims to combine health care services, affordable housing, job creation, outdoor fitness areas, and healthy food options to low-income residents of the community. And these residents earning 60 percent of the area median income can now apply for 218 apartments, ranging from $865/month studios to $1,289/month three-bedrooms.
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Affordable Housing

Lottery opens for 28 affordable apartments in Alphabet City, from $596/month

Photo via Paul Sableman/Flickr

April 26, 2018

Lottery opens for 28 affordable apartments in Alphabet City, from $596/month

A 110-unit, mixed-use project in Alphabet City is nearing completion, and with that, has just launched its affordable housing lottery for 28 apartments. The mixed-income units are available to those earning 40, 60, and 130 percent of the area median income and range from $596/month studios to $2,519/month two-bedrooms. The 75/25 project at 79 Avenue D offers a terrace, landscaped roof deck, fitness center, lounge, bike room, and, of course, proximity to all the trendy spots in the East Village and Lower East Side.
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Affordable Housing

South Bronx complex with 1,045 housing units and nation’s first Hip-Hop museum gets new rendering

Rendering of Bronx Point courtesy of S9 Architecture

January 17, 2018

South Bronx complex with 1,045 housing units and nation’s first Hip-Hop museum gets new rendering

A new rendering of Bronx Point, a mixed-use development planned for the South Bronx waterfront, has been unveiled, providing a closer look at L+M Development Partner and Type A Projects' plan to bring over 1,000 units of housing, a food hall and the country's first brick-and-mortar museum designated to Hip-Hop to the neighborhood. As YIMBY reported, the housing will be delivered in two phases, with the first bringing 600 units of permanent affordable public housing by 2022. The second phase is expected to wrap up about three years after the first. Designed by S9 Architecture, the complex will include a new waterfront esplanade, state-of-the-art multiplex theater, flashy outdoor performance area and educational spaces.
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City officials aim to close loophole for construction of Two Bridges skyscrapers

Rendering of 247 Cherry Street via SHoP Architects

December 6, 2017

City officials aim to close loophole for construction of Two Bridges skyscrapers

In an effort to slow construction of three residential towers in the Two Bridges neighborhood, City Council Member Margaret Chin and Manhattan Borough President Gale Brewer will submit an application to the Department of City Planning that forces the plan to go through the city’s land use review process. Developments at the waterfront site include a 1,000+ foot tower from JDS Development Group, a 1.1 million-square-foot development from L+M Development and CIM Group, and a 724-foot rental building from Starrett Development. According to Politico, the Manhattan pols hope the review process will encourage public scrutiny of the projects, including a demand for shorter structures.
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Policy

Huge South Bronx affordable housing complex will include Hip Hop Museum, food hall, and more

Rendering via S9 Architecture

September 22, 2017

Huge South Bronx affordable housing complex will include Hip Hop Museum, food hall, and more

A vacant waterfront site in the booming South Bronx will give way to an enormous affordable housing complex with 1,045 residential units, a home for the much-hyped Universal Hip-Hop Museum, a waterfront esplanade and outdoor performance space, a multiplex theater, and, of course, a food hall, in this case curated by Anna Castellani of Brooklyn's wildly popular Dekalb Market Hall. The Real Deal reports that L+M Development Partners won the bid for the $200 million project, dubbed Bronx Point, which is located adjacent to Mill Pond Park and the 145th Street Bridge that runs into Manhattan.
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New renderings of East Harlem’s Sendero Verde, the country’s will-be largest passive house project

Renderings via Handel Architects

August 9, 2017

New renderings of East Harlem’s Sendero Verde, the country’s will-be largest passive house project