L+M Development

Governor Hochul Announces Construction of 698-Unit Development at 405-407 West 206th Street in Inwood, Manhattan

This week Governor Kathy Hochul announced the start of construction on a $416 million residential development in Inwood, Manhattan. The two-building, mixed-income project at 405 and 407 West 206th Street will bring nearly 700 apartments with 281 affordable units with free broadband internet, all-electric heating and cooling, and other sustainable features in line with the state’s climate goals. The development is a joint venture among LMXD affiliate of L+M Development Partners, MSquared, and Taconic Partners with the Community League of the Heights as the community sponsor, and Beyer Blinder Belle Architects responsible for design.

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Project partners and city officials gather to celebrate the completion of Anderson Plaza

Developers Complete the Anderson Plaza Revival Project in Downtown New Rochelle

Wilder Balter, LXMD, and The City of New Rochelle have completed a $4 million revival of Anderson Plaza, an open-air space for pedestrians in downtown New Rochelle. Located along Anderson Street between North Avenue and LeCount Place, the plaza will support a diverse mix of seasonal programming, from farmers markets and pop-up events to festivals and live performances.

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Stella at 10 LeCount Place in New Rochelle

Stella at 10 LeCount Place in New Rochelle Awarded Best Luxury Multifamily Development

WBP Development and LMXD, an affiliate of L+M Development Partners, are celebrating a big win for their latest high-rise residential project in New Rochelle. Stella, located at 10 LeCount Place and designed by Beyer Blinder Belle, was named Best Luxury Multifamily Development as part of the Westchester Home Builders Awards program. The program is run by Westchester Magazine and recognizes superlative residential developments in Westchester County.

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Arial rendering of Arvene East - Bernheimer Architecture; Local Office Landscape & Urban Design

Developers Secure $44.7M to Complete Infrastructure Improvement Project in Arverne, Queens

L+M Development Partners, Bluestone Organization, and Triangle Equities have closed on $44.66 million in financing to complete a major infrastructure improvement project in Arverne, Queens, a small coastal neighborhood on the Rockaway Peninsula. The financing will cover the reconstruction of Edgemere Avenue between Beach 32nd and Beach 38th Streets, critical infrastructure improvements to the surrounding neighborhood, and the completion of Arverne East, a 1,650-unit master-planned community.

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Aerial view of Beach Dunes III at 331 Beach 35th Street - Bernheimer Architecture

Developers Secure $95.7M for Beach Green Dunes III at 331 Beach 35th Street in Far Rockaway, Queens

L+M Development Partners, Triangle Equities, and The Bluestone Organization have closed on a $95.7 million loan to complete Beach Dunes III, a mixed-use affordable housing property on the border of Edgemere and Far Rockaway in Queens. Located at 331 Beach 35th Street, the building will include 146 mixed-income apartments, 2,100 square feet of commercial space, and a 1,160-square-foot community center.

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