Citi Community Capital (“CCC”) and L+M Development Partners today announced the creation of a $100 million New York Affordable Housing Preservation Fund (NYAH Preservation Fund).
The attraction of being near the East River is helping to draw new residents and businesses to the Columbia Street Waterfront District.
The Kalahari condominium, located on W. 116th Street in Harlem, is one of the city’s dozens of mixed-income condo buildings, making it a social engineering construct of sorts.
The new condominium development, known as PS90 located in Harlem, is due to open its doors in the next few days, in the shell of a classic H-shaped public school.
The Brig Site in Wallabout, Brooklyn was once a Navy barracks and then a prison will soon become a two-and-a-half acre residential community.
Palmer’s Dock, an affordable housing development on Brooklyn’s Greenpoint-Williamsburg waterfront was the first affordable housing property developed in Williamsburg under New York City’s Inclusionary Housing Program (IHP).
U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan, city leaders, housing officials, former residents and other community members today celebrated the groundbreaking for the first phase of redevelopment at the former Lafitte public housing site.
New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and New York City Housing Development Corporation (HDC) President Marc Jahr announced today that L+M Development Partners Inc. has closed on the construction funding and will begin rehabilitating 1428 Fifth Avenue, a 120-unit Section 8 rental building located on West 116th Street in Harlem.
Brooklyn Borough President Marty Markowitz and New York State Housing Finance Agency (HFA) President and Chief Executive Officer Priscilla Almodovar today celebrated the completion of Prospect Plaza, a brand new 151-unit affordable housing complex in Ocean Hill-Brownsville.
Loewentheil’s firm, L&M Development Partners Inc., has become one of the nation’s premier companies in the field of affordable housing. It builds and develops mixed-income residential housing in the New York City metropolitan area, and its properties include a million square feet of commercial, retail, and parking garages.