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News

Newark to Vote on Big Push to Avoid Gentrification with Affordable Housing

NJ.com - June 22, 2017

In Newark, some recent high-profile projects like Hahne’s located in the city’s popular downtown section, have included affordable units voluntarily.

Brooklyn Housing Development’s New Microgrid Marks NYC’s 1st Lithium Ion Battery Project

Energy Manager Today - June 16, 2017

First lithium battery used under NYC’s new fire saftey code installed at Marcus Garvey Apartments in Brooklyn.

Essex Crossing, a Renewal Project 60 Years in the Making

New York Times - June 15, 2017

Phase one of construction at Essex Crossing will be completed this fall.

Essex Crossing’s First Affordable Housing Lottery Nets Over 93,000 Applicants

Curbed - June 08, 2017

Since March 2, 2017, New York City officials have received over 93,000 applications for affordable apartments at 145 Clinton Street.

Work for Audible, Live Rent-Free

New York Times - May 26, 2017

Audible, tenant at Hahne & Co., is providing rent incentives to employees willing to relocate to Newark.

Target to Open on the Lower East Side

Wall Street Journal - April 30, 2017

Target announces plans to open a store in the Essex Crossing development on the Lower East Side.

L+M, J&R Music Founders Lock in $235M Loan for Park Row Condo Project

The Real Deal - April 27, 2017

L+M and partners will develop a 45-story mixed-use tower at 23 Park Row.

The Commercial Observer Power 100

Commercial Observer - April 26, 2017

The Commercial Observer ranked Ron Moelis #45 among the top 100 real estate leaders.

L+M Development Partners Poised for Growth

Affordable Housing Finance Magazine - April 17, 2017

In its annual rankings, Affordable Housing Finance ranked L+M #1 in Preservation/Substantial Rehabs, #16 in Affordable Housing Developers and #25 in Affordable Housing Owners in 2016, up from previous years.

Essex Crossing’s First Affordable Apartments for Low-Income Seniors Now Up for Grabs

Curbed - April 17, 2017

The affordable housing lottery for 175 Delancey Street, also known as Site 6, is officially open.