L&M Development Partners

COOKFOX-Designed 25 Park Row Has Reached its Pinnacle Atop the Financial District

8:00 am on December 2, 2018 By Michael Young

At the time of YIMBY’s last update on the 702-foot-tall and 50-story 25 Park Row, the tower was climbing to the final floor of its crown. Now, the 29th-tallest skyscraper currently under construction in the Five Boroughs has topped-out over City Hall Park and the Financial District, making a noticeable impact on the Lower Manhattan skyline when looking east from Broadway and City Hall Park. The building will include 110 condominiums and is being designed by COOKFOX Architects and developed by L&M Development Partners, as well as the J&R Music Store founders. It took less than a year for this tower to rise to its pinnacle, while the glass and facade panels are continuing to rise into the sky.

“Niko East Village” Launches Leasing at 751 East 6th Street, Manhattan

7:00 am on August 30, 2018 By Sebastian Morris

L+M Development Partners has officially launched leasing for a new 12-story rental property at 751 East 6th Street. Known as “The Niko East Village,” the building will contain 82 market-rate rentals, a mix of indoor and outdoor amenities, and ground-floor retail.

25 Park Row Reaches Halfway Mark Above City Hall Park in Lower Manhattan

8:00 am on July 31, 2018 By Michael Young

It’s up, up, and away for the new residential skyscraper at 23 Park Row, which is now visible from the 9/11 Memorial. The tower is being designed by COOKFOX Architects, and the developers are L&M Development Partners and the J&R Music Store founders, whose business formerly occupied the same site. The structure will soon rise 54 stories into the Lower Manhattan skyline, to a height of 702 feet. The lot sits in between 1 Beekman, aka “The Pearl on The Park,” which has now topped-off, and the 119-year old Park Row Building. The latter is about to be surpassed in height by its new neighbor, most likely by the beginning of August.

Permits Filed for 16-Story Building at 2926 West 19th Street, Coney Island, Brooklyn

7:00 am on March 12, 2018 By Andrew Nelson

Permits have been pre-filed for a 16-story mid-rise as part of a larger mega-development at 2926 West 19^th Street, Coney Island, Brooklyn, which YIMBY first revealed back in January. The site is five blocks away from the Coney Island-Stillwell Avenue subway station, serviced by the D, F, N, and Q trains, and right across the street from a multi-purpose baseball ballpark.

City Hall Park’s Development Boom In Full Swing as Both 25 Park Row and 1 Beekman Street Now Rising, Financial District

8:00 am on March 6, 2018 By Andrew Nelson

Construction is moving along quickly for two new towers on City Hall Park. The park is one of just three major public outdoor areas in the Financial District, making any development around it particularly important. The buildings photographed for this article are 25 Park Row and 1 Beekman Street, which will add a combined 142 new condominiums and nearly 67,000 square feet of commercial space to the neighborhood.

115 Delancey Street, image by Andrew Campbell Nelson

Ten Questions With Charles Bendit, Co-CEO of Taconic Investment Partners

8:00 am on February 27, 2018 By Andrew Nelson

Of all the developments currently under construction in New York City, none have been in the making for longer than Essex Crossing, which is rising on the site of several long-vacant lots on the Lower East Side. With the master-plan’s first new buildings just about fully complete, YIMBY sat down with Charles Bendit of Taconic, and asked the co-CEO ten questions about the New York City real estate market.

54-Story Tower at 23 Park Row Begins to Rise Above Street Level, Financial District

8:00 am on December 27, 2017 By Nikolai Fedak

The last time YIMBY reported on progress at 23 Park Row, on the northern edge of the Financial District directly across from City Hall Park, excavation work had mostly wrapped, and foundation pouring had just begun. Four months later, concrete for the base of the soon-to-be 54-story tower has mostly wrapped, and formwork has breached street level, signaling the skyscraper’s rise is about to begin in earnest.

Leasing Begins for Essex Crossing’s Commercial Space, Lower East Side

7:30 am on October 24, 2017 By Andrew Nelson

Delancey Street Associates has launched leasing for 350,000 square feet of office space in Essex Crossing. This will be the first significant block of Class-A office space to come to Manhattan’s Lower East Side, and the developers hope the quasi-historic surrounds and combination of new and existing retail will be enough to lure tenants.

115 Delancey Street Officially Tops Out, Lower East Side

7:30 am on October 13, 2017 By Andrew Nelson

The tallest of nine structures comprising the Essex Crossing development, at 115 Delancey Street, has officially topped-out. The last time YIMBY reported on the site, it had just risen above street level, back in late January. The 26-story building will include 195 rental apartments, of which 98 will be affordable. Its developer, Delancey Street Associates, is comprised of BFC Partners, L+M Development Partners, and Taconic Investment Partners.

Foundation Work Begins, New Rendering for 23 Park Row, Financial District

8:00 am on August 28, 2017 By Nikolai Fedak

On the northern edge of the Financial District, construction is making major headway on the site comprising 23 Park Row, which will imminently stand 54 floors and 701 feet to its rooftop. YIMBY reported on permits back in April of 2016, before posting the first renderings last June. The tower, designed by COOKFOX Architects, will become one of the more prominent residential buildings in the neighborhood, and foundation work at the site has now begun.

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