Construction is rising above the halfway mark on 405 and 407 West 206th Street, a sprawling two-tower mixed-use project in Inwood, Manhattan. Designed by Beyer Blinder Belle in a joint with the LMXD affiliate of L+M Development Partners, MSquared, and Taconic Partners, the 751,687-square-foot structures consist of 14- and 17-story volumes standing 140 and 175 feet tall and will yield 700 rental units with 281 dedicated to affordable housing, as well as a supermarket under the city of New York’s Food Retail Expansion to Support Health Program program and an immigrant-centered performing arts center owned and operated by the People’s Theatre Project. Inwood Lot 9 Development Associates LLC is the owner, Community League of the Heights is the community sponsor, and Chatsworth Builders is the general contractor for the $416 million project, which is bound by West 206th and West 207th Streets and Ninth Avenue.
L&M Development Partners
Construction is rising on Jasper, a 13-story residential building at 2-33 50th Avenue in Long Island City, Queens. Designed by S9 Architecture and developed by The Domain Companies, LMXD, and The Vorea Group, the 125-foot-tall structure will span 550,000 square feet and yield 499 units in studio to three-bedroom layouts with 150 reserved for affordable housing, as well as 40,000 square feet of retail space, 503 square feet for a community facility that will be built as part of the Brownfield Award, 111 enclosed parking spaces, and a 30-foot-long rear yard. Congress Builders is the general contractor for the $370 million project, which is alternately addressed as 49-20 5th Street and bound by 49th Avenue to the north, 50th Avenue to the south, and 5th Street to the east.
Governor Kathy Hochul has announced the winning plan for the redevelopment of Manhattan’s former Lincoln Correctional Facility at 31-33 West 110th Street in Harlem. Named the Seneca project, the project aims to transform the site into an affordable housing development with 105 units. The $90 million initiative, led by Infinite Horizons, L+M Development Partners, Urbane, and Lemor Development Group, is part of the state’s broader strategy to alleviate New York’s housing crisis.
On October 19, Bronx Point celebrated its opening in a ribbon-cutting ceremony led by L&M Development Partners, Type A Projects, BronxWorks, and The Hip Hop Museum, alongside elected officials and community leaders. The $349 million mixed-use development is designed by S9Architecture. Located on the Harlem River waterfront in the South Bronx, Bronx Point is set to offer 542 affordable housing units in its first phase.
Permits have been filed for a 14-story mixed-use building at 895 Erskine Street in East New York, Brooklyn. Located between Vandalia Avenue and Seaview Avenue, the lot is closest to the New Lots Avenue subway station, serviced by the 3 train. L+M Development Partners is listed as the owner behind the applications.