L+M Partners

405, 407 West 206th Street Rise Past Halfway Mark in Inwood, Manhattan

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.

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121 West 125th Street in Harlem

Urban League Empowerment Center Nears Completion at 121 West 125th Street in Harlem, Manhattan

Construction is nearing completion on the Urban League Empowerment Center, a 17-story mixed-use building at 121 West 125th Street in Harlem, Manhattan. Designed by Beyer Blinder Belle and developed by The Prusik Group, BRP Companies, L+M Development Partners, and Taconic Partners, the 414-000-square-foot structure will yield 170 affordable housing units, 70,000 square feet of Class A office space, and 110,000 square feet of retail area including a Target and a 28,000-square-foot Trader Joe’s on the ground floor. The development will serve as the home for the National Urban League and the Urban Civil Rights Experience Museum. Congress Builders is the general contractor for the property, which is located between West 126th Street to the north, 125th Street to the south, Malcolm X Boulevard to the east, and Adam Clayton Powell Jr. Boulevard to the west.

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Rendering of the National Black Theatre and Ray Harlem

Ray Harlem Rises At 2033 Fifth Avenue in East Harlem, Manhattan

Construction is in full swing for Ray Harlem at 2033 Fifth Avenue in the Special Arts District in East Harlem, Manhattan. Designed by Handel Architects and Frida Escobedo, and developed by Ray and LMXD, the ground-up 21-story, 240-foot-tall mixed-use project will yield 222 rental units in the main tower ranging from studios to two-bedrooms, a portion of which are designated towards affordable housing, while the National Black Theatre (NBT) is expected to occupy 25,000 square feet of space on the ground floor, cellar level and floors three through five and feature a 250-seat flexible temple space and a 99-seat studio theater, classrooms, and offices. Little Wing Lee is the interior designer, Charcoalblue, Marvel Architects, and Studio & Projects are overseeing the theater aspect and Chatsworth Builders is listed at the general contractor for the property, which is located along Fifth Avenue between East 125th and East 126th Streets.

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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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