Artificial Intelligence
Builders Company
Developers/L+M Development Partners
LD
L+M Development PartnersLarchmont, United States · founded 1984 · 1 active markets
SUBSIDIARY

L+M Development Partners develops, builds, invests in, and manages affordable, mixed-income, and mixed-use housing and related community space in New York and other U.S. markets, serving residents, nonprofits, public agencies, and institutional partners through a vertically integrated real estate platform.

Years in business
42
founded 1984
LinkedIn headcount
281 people (+9.3% YoY, +24 people)
employees, as shown on LinkedIn · size band 201–500
Portfolio value
USD 25 billion capitalization
September 30, 2026
Assets under management
USD 20 billion development and investment
June 11, 2025
Units delivered
more than 66,000 homes developed or invested in
as the company states it
Projects last researched October 11, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
L+M Development Partners LLC1
Headquarters
1865 Palmer Avenue, Floor 2, Larchmont, United States
Founded
1984
Entity type
SUBSIDIARY1
Business model
mixed use1
Markets
1 market listed
What they build
Residential, for rent (9 of 10) · Mixed use (8 of 10) · Retail (6 of 10)
Full dossier in About →

Delivery record

6 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
+5.3 mo
the middle of 6 scored projects
Average delay
+8.0 mo
the same projects, pulled by the worst
Average time to deliver
2.7 yrs
start to completion, over 6 delivered projects
Worst slip
+22.5 mo
National Urban League Empowerment Center · +21.0 to +24.0
3
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
1
red rows below

Against other developers

6 date-assessed here · 242 developers, 903 date-assessed projects in United States
Median delay
L+M Development Partners·242 developers in United States
+5.3 mo vs +4.5 mo
this developer 0.8 mo worse
The typical project on each side.
Average delay
L+M Development Partners·242 developers in United States
+8.0 mo vs +7.6 mo
this developer 0.4 mo worse
Both pulled by their worst few.
On time
L+M Development Partners·242 developers in United States
50% vs 55%
this developer 5 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
L+M Development Partners·242 developers in United States
2.7 yrs vs 2.9 yrs
this developer 0.2 yrs faster
Start to completion, over 6 delivered here and 743 in the market.
Projects and timelines in Track Record →

Resident experience

7 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.8/ 10
Weighted judgment across build and operations · from 7 of 7 rated buildings
Little structure evidence (2 of 7 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
8.2/ 10
Fabric, services, waterproofing, envelope · from 2 of 7 rated buildings
Management & living
8.1/ 10
Upkeep, response times, amenities, community · from 6 of 7 rated buildings

Against other developers

7 rated here · 261 developers, 1348 rated buildings in United States
Overall rating
L+M Development Partners · 261 other developers in United States
7.8 vs 7.8
this developer is level
The weighted verdict on each side. From 7 of 7 rated buildings here and 1348 in the market.
Structure & systems
L+M Development Partners · 261 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (2 of 7)
Fabric and engineering only — fixed at handover. From 2 of 7 rated buildings here and 570 in the market.
Management & living
L+M Development Partners · 261 other developers in United States
8.1 vs 7.4
this developer 0.7 better
Upkeep and response — belongs to whoever runs the building now. From 6 of 7 rated buildings here and 1298 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Default notice on June 24 (year not stated in the source); report published March 21, 2025 A Bisnow report dated March 21, 2025 said L+M’s 320 St. Nicholas Ave. project was in default after Santander demanded payment, and that L+M sued when the lender declined its proposed deed-in-lieu of foreclosure; the report said L+M had stopped work and warehoused the reconfigured apartments, while the lender’s notice asserted potential recourse under bad-boy-guarantee provisions. The report described allegations and lender positions in the court complaint, not a completed foreclosure.
  • LEGAL March 20, 2025 In a March 20, 2025 decision, New York Supreme Court granted the PS 90 Board and unit owners summary judgment on liability for breach of contract against L&M-related defendants, finding substantial construction defects and that the condominium was not delivered in accordance with the offering plan; damages were deferred to trial.
  • SAFETY / LABOUR Incident October 1, 2019; decision September 22, 2022 A worker injured at L&M’s 25 Park Row project on October 1, 2019 alleged that a stone panel was inadequately hoisted or secured and suddenly accelerated onto his wrist; in its September 22, 2022 decision, the court dismissed many pleaded safety theories but allowed specified Labor Law §241(6) claims concerning crane inspection, load security and sudden acceleration to continue, while L&M denied wrongdoing.
  • 4 more in Risk & Sources
Record status
active
Company sources
164 source entries across 164 fields
Projects tracked
10 · 10 completed in assessment
All flags and sources →

Track Record

Delivery record

6 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
+5.3 mo
the middle of 6 scored projects
Average delay
+8.0 mo
the same projects, pulled by the worst
Average time to deliver
2.7 yrs
start to completion, over 6 delivered projects
Worst slip
+22.5 mo
National Urban League Empowerment Center · +21.0 to +24.0
3
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
1
red rows below

Against other developers

6 date-assessed here · 242 developers, 903 date-assessed projects in United States
Median delay
L+M Development Partners·242 developers in United States
+5.3 mo vs +4.5 mo
this developer 0.8 mo worse
The typical project on each side.
Average delay
L+M Development Partners·242 developers in United States
+8.0 mo vs +7.6 mo
this developer 0.4 mo worse
Both pulled by their worst few.
On time
L+M Development Partners·242 developers in United States
50% vs 55%
this developer 5 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
L+M Development Partners·242 developers in United States
2.7 yrs vs 2.9 yrs
this developer 0.2 yrs faster
Start to completion, over 6 delivered here and 743 in the market.
The market here is United States: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

10 of 10 projects dated · 2 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
New York, United States
New Haven, United States
2021202220232024202520262027todayNEW YORK, UNITED STATES+6 moestimatedcompleted, no target published+5 moestimated+22.5 moverified+8.5 moestimated+6.5 moverified+4 moverified+3 moverified+11.5 moverifiedNEW HAVEN, UNITED STATES+0.5 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 dated statement is held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 1 turned out to be about something else — a phase, a neighbour, the wider masterplan — and is marked off-subject.

Building & Livability Ratings

Resident experience

7 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.8/ 10
Weighted judgment across build and operations · from 7 of 7 rated buildings
Little structure evidence (2 of 7 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
8.2/ 10
Fabric, services, waterproofing, envelope · from 2 of 7 rated buildings
Management & living
8.1/ 10
Upkeep, response times, amenities, community · from 6 of 7 rated buildings

Against other developers

7 rated here · 261 developers, 1348 rated buildings in United States
Overall rating
L+M Development Partners · 261 other developers in United States
7.8 vs 7.8
this developer is level
The weighted verdict on each side. From 7 of 7 rated buildings here and 1348 in the market.
Structure & systems
L+M Development Partners · 261 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (2 of 7)
Fabric and engineering only — fixed at handover. From 2 of 7 rated buildings here and 570 in the market.
Management & living
L+M Development Partners · 261 other developers in United States
8.1 vs 7.4
this developer 0.7 better
Upkeep and response — belongs to whoever runs the building now. From 6 of 7 rated buildings here and 1298 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

7 rated · 3 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
JasperLong Island City, New York499 units
9.4/ 10
7.6/ 10
RentCafe 4.5/5 · 11 reviews · rentcafe.com
RentCafe publishes 4.5/5 from 11 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 7.6.
8.4/ 10
RentCafe 5/5 · 11 reviews · rentcafe.com
RentCafe publishes 5/5 from 11 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 8.4.

Google’s 4.8/5 from 49 building reviews provides the largest review base and converts to 9.1/10 under the specified curve. RentCafe is a smaller, lower dissenting set, while the written evidence is strongly positive overall; the reported praise supports a modest upward commentary adjustment, and the absence of recurring severe complaints limits downside.

+ New construction+ Above-average materials+ Modern appliances+ Bright spacious units+ Good sound insulation
− Outlet failures reported− Door-noise complaint
Not found in sources: No leak reports found · No plumbing complaints found · No HVAC complaints found
+ Friendly staff+ Helpful concierge+ Large gym+ Rooftop and lounges+ Resident events
− Slow property-management replies− Some ignored inquiries− Door noise− High pricing− Limited operating history

Published resident feedback describes Jasper as new, with construction materials and appliances “quite above the average in the area”; another resident says the walls are “NOT paper thin” and reports hearing neighbors “not even once.” The only physical-system complaint located was that “a few electric outlets don’t work,” alongside a single complaint of “Constant slamming doors”; no published review located in this research reported leaks, plumbing, HVAC or lift failures.

Residents repeatedly praise the staff and amenities: one calls the gym “a massive highlight,” while another says the concierge “go[es] above and beyond” and another describes management as responsive and fast. The main operational counterpoint is a resident’s report that property management “takes weeks to respond and sometimes completely ignore[s] you”; RentCafe also records that pricing is “a little high” and mentions door slamming.

MiramarInwood, New York698 units
9.4/ 10
8.8/ 10
9.5/ 10

The largest published review base is the Google-listed 4.9/5 rating from 122 reviews, which converts to 9.7/10 under the supplied curve. Recurring praise for maintenance, staff, cleanliness and amenities supports the high level, while recurring neighborhood noise, traffic, parking and location concerns keep the overall score below the converted anchor. Structural scoring is based only on the limited physical-condition comments, including one minor hot-water report.

+ Well-maintained building+ Fast maintenance response+ Clean common areas+ New construction+ All-electric heating and cooling
− Minor hot-water issue− Unused-pipe commissioning issue
Not found in sources: No recurring structural failure reported · No recurring leak reports · No recurring lift or HVAC failures reported
+ Responsive management+ Professional maintenance staff+ Helpful concierge/doormen+ Strong amenity offering+ Clean and welcoming atmosphere
− Neighborhood noise− Busy traffic− Parking scarcity− Perceived safety concerns− Seasonal outdoor music

Published resident feedback describes the building as “beautiful and well-maintained,” and another review says it is “clean, well kept.” One resident reported “a minor hot water issue due to the newness of the building and unused pipes”; no reviewed source reported recurring leaks, lift failures, structural damage, or HVAC problems.

Resident reviews repeatedly praise staff and operations: maintenance is described as “incredibly fast and efficient,” while concierge staff are “very attentive and helpful.” The main negative feedback is environmental rather than building-management related: forum residents described the area as “noisy,” with traffic, limited parking and seasonal music, although another resident said the block was quiet and did not feel dangerous.

Ray Harlem — base buildingHarlem, New York222 units
9.4/ 10
—/ 10
9.4/ 10

Google Reviews/Maps provides the largest building-specific review base, 4.6/5 from 52 reviews, which converts to 8.8/10 and sets the level. The written reviews read were uniformly positive about staff, cleanliness, amenities and community, supporting a moderate upward commentary adjustment; no published review evidence supports a separate structure score.

+ Responsive concierge+ Friendly staff+ Clean common areas+ Fitness and social amenities+ Welcoming community
− Monthly amenities fee− Separate utility charges− Pet fee− Bike-storage fee− Application fee

no notes returned

no links returned

The building-specific reviews are strongly positive about day-to-day operations: residents describe the staff as “truly exceptional,” say concierge staff are “super friendly, always on it,” and report that the building is always clean and questions are answered right away. Reviews also praise the fitness programming, amenities, events and welcoming community; the published leasing information separately lists a $75 monthly amenities fee and additional pet and bike-storage charges, but no reviewer complaint about those fees was found.

The WinstonScience Park; Dixwell and Newhallville neighborhoods, New Haven283 units
7.9/ 10
—/ 10
7.5/ 10

The surfaced building-specific Google entry reports 5/5 from 1 review, which converts to 10 on the requested curve, but the fewer-than-10-review rule requires the score to remain within one point of 6.5; therefore the anchor is 7.5. The written excerpts and operational comments are positive, but the sample is new and too small to justify a higher resident-experience score or a separate structure score.

+ Pristine move-in condition+ Modern apartment finishes+ Clean hallways+ Well-kept amenity rooms+ Residential portion occupied under certificate
− Very limited operating history− One isolated lower-star rating− Commercial space incomplete at January 2026 report
Not found in sources: No recurring structural complaints found · No published engineering detail
+ Helpful leasing staff+ Friendly community staff+ Quiet reported experience+ Pristine common areas+ Gym, library and media room access
− Limited resident track record− Early-stage review sample− One isolated 2-star rating− Commercial amenities still being completed at January 2026
Not found in sources: No recurring operational complaint established

The resident excerpts available describe the apartment as being in "pristine condition" at move-in and the hallways and amenity rooms as "pristine." The January 2026 reporting states that the residential portion had received a partial certificate of occupancy, while the commercial space still had remaining items; this is a dated completion-status observation, not evidence of a residential defect.

The available resident feedback is strongly positive but very early: reviewers mention "no issues with noise, parking or customer service," helpful staff, and a "pristine" apartment and amenity areas. Another resident specifically praised the gym, phone booth, library and media room, while the January 2026 news report said the building was only beginning to lease and that no leases had yet been signed at the time of that report.

Claremont HallMorningside Heights, New York192 units
7.2/ 10
—/ 10
7.0/ 10

Google Reviews/Maps provides the largest published review base located for the building, at 4/5 from 15 reviews, which converts to 7/10 under the specified curve. The visible written comments are balanced between praise and criticism, but the management criticism is a single report and the appearance objection is minor, so no commentary adjustment is applied. Evidence about physical structure and systems is insufficient for a separate structure score.

+ Front-desk staff praised+ Amenities praised+ Good location+ Architecture/brickwork praised+ Resident facilities valued
− Management responsiveness questioned− Sponsor visibility questioned− Building appearance criticized− Historic context concerns− Cellular coverage concern

no notes returned

no links returned

Published reviews describe strong day-to-day positives—“great front desk staff,” “fantastic amenities,” and a “sanctuary in the city”—but operational criticism is also present: one resident said the “management co. is a hot mess” and that the sponsor was “nowhere to be found.” The OpenIgloo review separately praises a luxury building with “all the bells and whistles” while reporting that “There’s no cell phone coverage whatsoever”; these are limited observations rather than a comprehensive current resident survey.

National Urban League Empowerment CenterHarlem, New York170 units
6.6/ 10
—/ 10
6.6/ 10

No platform published a building rating, so the score is based on the three written comments actually read: two positive and one negative. The positive comments concern appearance, not resident operations, while the negative comment raises neighborhood impact; therefore the result is kept close to the 6.5 evidence-poor baseline and structure remains unevidenced.

+ Attractive exterior design+ New construction+ 17-story mixed-use form+ Independent residential entry+ Modern curtain-wall appearance
Not found in sources: No systems feedback published · No maintenance feedback published · No plumbing feedback published · No HVAC feedback published · No leak or waterproofing feedback published
+ Positive first impressions+ Welcoming retail mix+ Affordable housing provision+ Community-serving uses+ Central transit access
− Gentrification concern
Not found in sources: No management feedback · No security feedback · No upkeep feedback · No staff feedback

no notes returned

no links returned

Published comments provide only a very early, non-resident snapshot. Two commenters praised the appearance—“Very nice” and “Very handsome design”—while a third wrote “Just in time for the Harlem gentrification,” signaling a neighborhood-impact concern rather than a report about day-to-day building operations.

Coney Island Phase 2 / 1607 Surf AvenueConey Island, New York376 units
4.8/ 10
—/ 10
—/ 10

No platform-published aggregate rating was located, so the score is based on the four individual written comments read. One of four was positive overall, two were negative on exterior appearance, and one was mixed/neutral; the resulting low positive share is pulled toward 6.5 because the evidence base is small, while the comments concern mostly cosmetic design rather than day-to-day failures.

+ Construction completed+ New ten-story structure+ Modern building envelope+ Landscaped rooftop deck+ Purpose-built mixed-use building
− Jumbo utility brick criticized− Ground-floor columns criticized
Not found in sources: No resident systems feedback · No plumbing feedback · No HVAC or electrical feedback
+ Affordable rental housing+ Rooftop deck+ Fitness center+ Children’s play space+ Tenant lounge and community facilities
Not found in sources: No management reviews located · No staff reviews located · No security reviews located · No upkeep reviews located · Limited post-occupancy feedback

Published material confirms that construction was complete by May 12, 2024, and describes a new ten-story, 360,912-square-foot building. The only physical-condition feedback located was aesthetic rather than a systems failure: one commenter called it “a decent design” but wished the ground-floor columns had grey brick, while another said the “jumbo utility brick” detracted from the building; no published review evidence was found on plumbing, HVAC, electrical systems, leaks, or waterproofing.

The published comments provide only early public reactions rather than resident operational reviews: one commenter described the building as “beautiful and livable,” and another called it “very nice.” The building’s published amenity package includes a landscaped rooftop deck, fitness room, children’s play space, party room, tenant lounge, retail, and a primary-care facility, but no located review reported staff response times, security, cleanliness, or management performance.

Only buildings that have reached handover are rated. 3 of 10 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
L+M Development Partners LLC
Headquarters
1865 Palmer Avenue, Floor 2, Larchmont, United States
10538
Founded
1984
Entity type
SUBSIDIARY
Revenue
USD 31.93 million annual
Business model
mixed use

Offices

head office and 1 other
New York

Sources: office cities

COMPANYdate not shown in source

Contact Us | L+M Development Partner

L+M Development Partners
### New York City Office 2 Park Avenue, Floor 23 New York, NY 10016
value seen: New York
https://lmdp.com/contact-us/

Partners

4 partners
Sixth Street
funder

Strategic partnership and significant investment in L+M Companies to support growth in New York and expansion to additional U.S. markets.

Apex Building Group
joint venture

Partner on financing for Phase III of Alafia, a redevelopment that will add affordable housing and related community space in East New York.

New Jersey Performing Arts Center
partner

Partner on the ArtSide project, helping create a new arts-based neighborhood on NJPAC’s reimagined Newark Riverfront campus.

New York City Department of Parks & Recreation
government partner

Partner on the Bronx Point waterfront park and esplanade, part of the project’s mixed-use public realm and community space.

Sources: partners

COMPANYdate not shown in source

L+M Companies Announces Strategic Partnership with Sixth Street

L+M Companies · carried by lmdevpartners.com
L+M Companies, one of the country’s leading affordable and mixed income housing developers, today announced a strategic partnership and significant investment from Sixth Street, a leading global investment firm.
value seen: Sixth Street
https://lmdevpartners.com/wp-content/uploads/LM-and-Sixth-Street-Strategic-Partnership-Announcement-25.06.11.pdf

Sources: partners

COMPANYdate not shown in source

Press Releases Archive | L+M Development Partners LLC | Real Estate Development | Affordable Housing

L+M Development Partners
L+M Development Partners and Apex Building Group Close on Financing for Phase III of Alafia
value seen: Apex Building Group
https://lmdp.com/press-releases/

Sources: partners

COMPANYdate not shown in source

L+M Companies Announces Strategic Partnership with Sixth Street

L+M Companies · carried by lmdevpartners.com
L+M Companies announced ... ArtSide Project Will Feature Work from Local Artists on NJPAC’s Reimagined Campus ... In partnership with The New Jersey Performing Arts Center, LMXD is creating a vibrant new arts-based neighborhood on the Newark Riverfront.
value seen: New Jersey Performing Arts Center
https://lmdevpartners.com/wp-content/uploads/LM-and-Sixth-Street-Strategic-Partnership-Announcement-25.06.11.pdf

Sources: partners

COMPANYdate not shown in source

L+M Companies Announces Strategic Partnership with Sixth Street

L+M Companies · carried by lmdevpartners.com
Bronx Point ... a transformative 530,000-square-foot development, Bronx Point transformed a long-vacant Harlem River site into a dynamic mixed-use project with 542 affordable homes and accompanying on-site social services, a 2.8-acre public waterfront park in partnership with the New York City Department of Parks & Recreation, educational space for youth and retail.
value seen: New York City Department of Parks & Recreation
https://lmdevpartners.com/wp-content/uploads/LM-and-Sixth-Street-Strategic-Partnership-Announcement-25.06.11.pdf

Registrations & licences

COMPANY NUMBER6370091
New York Department of State · US · ACTIVE
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 10 projects tracked

What they build

6 types
Residential, for rent9 of 10
Mixed use8 of 10
Retail6 of 10
Other5 of 10
Office1 of 10
Residential, for sale1 of 10
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
RM
Ron Moelis
Ron Moelis is L+M’s co-founder and chairman, with oversight rooted in the firm’s long-term affordable-housing and community-development platform. His background combines real-estate finance and development with governance roles at housing, health, museum and university-affiliated organizations.
Current title
Chairman + Founding Partner
since 1984
Experience
no career length stated
Companies before
none sourced
Education
University of PennsylvaniaB.A. in history and B.S. in economics from the Wharton School
New York UniversityJ.D.
Other boards
Tenement Museum — Board of TrusteesMontefiore Health Systems — Board of TrusteesNetter Center for Community Partnerships at the University of Pennsylvania — National Advisory BoardFurman Center at New York University — Advisory Board
Known for
FounderChairmanAffordable housingReal-estate financeEntrepreneur of the Year
https://www.linkedin.com/in/ronmoelis

Sources: degree

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
B.A. in history and B.S. in economics from the Wharton School
value seen: B.A. in history and B.S. in economics from the Wharton School
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: institution

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
University of Pennsylvania
value seen: University of Pennsylvania
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: degree

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
J.D.
value seen: J.D.
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: institution

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
New York University
value seen: New York University
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: full name

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Ron Moelis
value seen: Ron Moelis
https://lmdp.com/our-people/

Sources: linkedin page

SOCIALdate not shown in source

LinkedIn profile

LinkedIn
https://www.linkedin.com/in/ronmoelis
value seen: https://www.linkedin.com/in/ronmoelis
value paraphrased from this source
https://www.linkedin.com/in/ronmoelis

Sources: other boards

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Tenement Museum — Board of Trustees
value seen: Tenement Museum — Board of Trustees
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: other boards

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Montefiore Health Systems — Board of Trustees
value seen: Montefiore Health Systems — Board of Trustees
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: other boards

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Netter Center for Community Partnerships at the University of Pennsylvania — National Advisory Board
value seen: Netter Center for Community Partnerships at the University of Pennsylvania — National Advisory Board
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: other boards

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Furman Center at New York University — Advisory Board
value seen: Furman Center at New York University — Advisory Board
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: date

PRESS2019-05-17

The Real Deal

The Real Deal
May 17, 2019
value seen: May 17, 2019
value paraphrased from this source
https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/

Sources: publisher

PRESS2019-05-17

The Real Deal

The Real Deal
The Real Deal
value seen: The Real Deal
value paraphrased from this source
https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/

Sources: quote

PRESS2019-05-17

The Real Deal

The Real Deal
There’s money to be made in affordable.
value seen: There’s money to be made in affordable.
https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/

Sources: url

PRESS2019-05-17

The Real Deal

The Real Deal
https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/
value seen: https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/
value paraphrased from this source
https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/

Sources: date

PRESS2019-05-17

The Real Deal

The Real Deal
May 17, 2019
value seen: May 17, 2019
value paraphrased from this source
https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/

Sources: publisher

PRESS2019-05-17

The Real Deal

The Real Deal
The Real Deal
value seen: The Real Deal
value paraphrased from this source
https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/

Sources: quote

PRESS2019-05-17

The Real Deal

The Real Deal
If you don’t make money, you’re not going to do a good job.
value seen: If you don’t make money, you’re not going to do a good job.
https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/

Sources: url

PRESS2019-05-17

The Real Deal

The Real Deal
https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/
value seen: https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/
value paraphrased from this source
https://therealdeal.com/new-york/2019/05/17/moelis-schwartz-talk-up-the-steady-upside-to-affordable-development-and-the-amazing-nycha-real-estate/

Sources: rank

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chairman + Founding Partner
value seen: 1
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://lmdp.com/our-people/

Sources: role type

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chairman + Founding Partner
value seen: Chairman + Founding Partner
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: since

COMPANYdate not shown in source

Leadership biography or announcement

L+M Development Partners
1984
value seen: 1984
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: summary

COMPANYdate not shown in source

Profile biography

L+M Development Partners
Ron Moelis is L+M’s co-founder and chairman, with oversight rooted in the firm’s long-term affordable-housing and community-development platform. His background combines real-estate finance and development with governance roles at housing, health, museum and university-affiliated organizations.
value seen: Ron Moelis is L+M’s co-founder and chairman, with oversight rooted in the firm’s long-term affordable-housing and community-development platform. His background combines real-estate finance and development with governance roles at housing, health, museum and university-affiliated organizations.
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Founder
value seen: Founder
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Chairman
value seen: Chairman
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Affordable housing
value seen: Affordable housing
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Real-estate finance
value seen: Real-estate finance
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Entrepreneur of the Year
value seen: Entrepreneur of the Year
value paraphrased from this source
https://lmdp.com/member/ron-moelis/

Sources: title

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chairman + Founding Partner
value seen: Chairman + Founding Partner
https://lmdp.com/member/ron-moelis/
EE
Eben Ellertson
Eben Ellertson was elevated to CEO of L+M Companies in the September 29, 2026 governance announcement, where he and Carrie Van Syckel oversee the vertically integrated affordable and mixed-income housing platform. He joined L+M in 2010 to launch its fund business and previously worked in acquisitions and in Bloomberg-administration public-private school partnerships.
Current title
Chief Executive Officer, L+M Companies
Experience
no career length stated
Companies before
New York City Department of Education (Bloomberg administration)
Education
Wesleyan UniversityGraduated Phi Beta Kappa and with honors
Other boards
Civic Builders — Board of Directors
Known for
CEOL+M veteranAffordable housing investingInstitutional capitalWesleyan honors
https://www.linkedin.com/in/eben-ellertson-11a5a414
Across the country, the need for quality affordable and mixed-income housing has never been higher, and L+M is committed to meeting the moment to support our residents and to deliver for our partners in government. L+M Companies September 29, 2026https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: degree

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Graduated Phi Beta Kappa and with honors
value seen: Graduated Phi Beta Kappa and with honors
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: institution

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Wesleyan University
value seen: Wesleyan University
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: full name

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Eben Ellertson
value seen: Eben Ellertson
https://lmdp.com/our-people/

Sources: linkedin page

SOCIALdate not shown in source

LinkedIn profile

LinkedIn
https://www.linkedin.com/in/eben-ellertson-11a5a414
value seen: https://www.linkedin.com/in/eben-ellertson-11a5a414
value paraphrased from this source
https://www.linkedin.com/in/eben-ellertson-11a5a414

Sources: other boards

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Civic Builders — Board of Directors
value seen: Civic Builders — Board of Directors
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: previous companies

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Prior to joining L+M, New York City Department of Education (Bloomberg administration)
value seen: New York City Department of Education (Bloomberg administration)
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: date

COMPANY2026-09-29

L+M Companies

L+M Companies · carried by lmdp.com
September 29, 2026
value seen: September 29, 2026
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: publisher

COMPANY2026-09-29

L+M Companies

L+M Companies · carried by lmdp.com
L+M Companies
value seen: L+M Companies
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: quote

COMPANY2026-09-29

L+M Companies

L+M Companies · carried by lmdp.com
Across the country, the need for quality affordable and mixed-income housing has never been higher, and L+M is committed to meeting the moment to support our residents and to deliver for our partners in government.
value seen: Across the country, the need for quality affordable and mixed-income housing has never been higher, and L+M is committed to meeting the moment to support our residents and to deliver for our partners in government.
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: url

COMPANY2026-09-29

L+M Companies

L+M Companies · carried by lmdp.com
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf
value seen: https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: rank

COMPANYdate not shown in source

L+M Companies Names Eben Ellertson as Chief Executive Officer and Carrie Van Syckel as President & Chief Investment Officer

L+M Development Partners
Chief Executive Officer, L+M Companies
value seen: 2
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: role type

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chief Executive Officer, L+M Companies
value seen: Chief Executive Officer, L+M Companies
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: summary

COMPANYdate not shown in source

Profile biography

L+M Development Partners
Eben Ellertson was elevated to CEO of L+M Companies in the September 29, 2026 governance announcement, where he and Carrie Van Syckel oversee the vertically integrated affordable and mixed-income housing platform. He joined L+M in 2010 to launch its fund business and previously worked in acquisitions and in Bloomberg-administration public-private school partnerships.
value seen: Eben Ellertson was elevated to CEO of L+M Companies in the September 29, 2026 governance announcement, where he and Carrie Van Syckel oversee the vertically integrated affordable and mixed-income housing platform. He joined L+M in 2010 to launch its fund business and previously worked in acquisitions and in Bloomberg-administration public-private school partnerships.
value paraphrased from this source
https://lmdp.com/member/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
CEO
value seen: CEO
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
L+M veteran
value seen: L+M veteran
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Affordable housing investing
value seen: Affordable housing investing
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Institutional capital
value seen: Institutional capital
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Wesleyan honors
value seen: Wesleyan honors
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Civic Builders board
value seen: Civic Builders board
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: title

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chief Executive Officer, L+M Companies
value seen: Chief Executive Officer, L+M Companies
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf
CV
Carrie Van Syckel
Carrie Van Syckel leads capital-investment strategy and risk management and is a partner in L+M’s workforce-housing fund; the September 29, 2026 announcement elevated her to president and chief investment officer of L+M Companies. Before L+M she was a Goldman Sachs managing director and COO of its Urban Investment Group, after earlier investment-banking work at Banc of America Securities.
Current title
President and Chief Investment Officer, L+M Companies
since 2016
Experience
no career length stated
Companies before
Goldman SachsBanc of America Securities
Education
University of PennsylvaniaBachelor of Science and Engineering
Other boards
Family and Children Services of Monmouth County — Treasurer, Board of DirectorsRumson Country Day School — Board of Trustees
Known for
PresidentChief Investment OfficerGoldman Sachs alumnaAffordable housingCommunity development
https://www.linkedin.com/in/carrie-van-syckel-589729
Our vertically integrated platform, long-term investment approach and commitment to meaningful community impact have been central to our success in New York and beyond. L+M Companies September 29, 2026https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: degree

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Bachelor of Science and Engineering
value seen: Bachelor of Science and Engineering
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: institution

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
University of Pennsylvania
value seen: University of Pennsylvania
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: full name

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Carrie Van Syckel
value seen: Carrie Van Syckel
https://lmdp.com/our-people/

Sources: linkedin page

SOCIALdate not shown in source

LinkedIn profile

LinkedIn
https://www.linkedin.com/in/carrie-van-syckel-589729
value seen: https://www.linkedin.com/in/carrie-van-syckel-589729
value paraphrased from this source
https://www.linkedin.com/in/carrie-van-syckel-589729

Sources: other boards

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Family and Children Services of Monmouth County — Treasurer, Board of Directors
value seen: Family and Children Services of Monmouth County — Treasurer, Board of Directors
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: other boards

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Rumson Country Day School — Board of Trustees
value seen: Rumson Country Day School — Board of Trustees
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: previous companies

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Prior to joining L+M, Goldman Sachs
value seen: Goldman Sachs
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: previous companies

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Prior to joining L+M, Banc of America Securities
value seen: Banc of America Securities
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: date

COMPANY2026-09-29

L+M Companies

L+M Companies · carried by lmdp.com
September 29, 2026
value seen: September 29, 2026
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: publisher

COMPANY2026-09-29

L+M Companies

L+M Companies · carried by lmdp.com
L+M Companies
value seen: L+M Companies
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: quote

COMPANY2026-09-29

L+M Companies

L+M Companies · carried by lmdp.com
Our vertically integrated platform, long-term investment approach and commitment to meaningful community impact have been central to our success in New York and beyond.
value seen: Our vertically integrated platform, long-term investment approach and commitment to meaningful community impact have been central to our success in New York and beyond.
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: url

COMPANY2026-09-29

L+M Companies

L+M Companies · carried by lmdp.com
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf
value seen: https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: rank

COMPANYdate not shown in source

L+M Companies Names Eben Ellertson as Chief Executive Officer and Carrie Van Syckel as President & Chief Investment Officer

L+M Development Partners
President and Chief Investment Officer, L+M Companies
value seen: 3
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://lmdp.com/wp-content/uploads/LMC-Governance-Release-093026.pdf

Sources: role type

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
President and Chief Investment Officer, L+M Companies
value seen: President and Chief Investment Officer, L+M Companies
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: since

COMPANYdate not shown in source

Leadership biography or announcement

L+M Development Partners
2016
value seen: 2016
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: summary

COMPANYdate not shown in source

Profile biography

L+M Development Partners
Carrie Van Syckel leads capital-investment strategy and risk management and is a partner in L+M’s workforce-housing fund; the September 29, 2026 announcement elevated her to president and chief investment officer of L+M Companies. Before L+M she was a Goldman Sachs managing director and COO of its Urban Investment Group, after earlier investment-banking work at Banc of America Securities.
value seen: Carrie Van Syckel leads capital-investment strategy and risk management and is a partner in L+M’s workforce-housing fund; the September 29, 2026 announcement elevated her to president and chief investment officer of L+M Companies. Before L+M she was a Goldman Sachs managing director and COO of its Urban Investment Group, after earlier investment-banking work at Banc of America Securities.
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
President
value seen: President
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Chief Investment Officer
value seen: Chief Investment Officer
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Goldman Sachs alumna
value seen: Goldman Sachs alumna
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Affordable housing
value seen: Affordable housing
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Community development
value seen: Community development
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
$4 billion committed
value seen: $4 billion committed
value paraphrased from this source
https://lmdp.com/member/carrie-van-syckel/

Sources: title

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
President and Chief Investment Officer, L+M Companies
value seen: President and Chief Investment Officer, L+M Companies
https://lmdp.com/member/carrie-van-syckel/
LG
Lisa Gomez
Lisa Gomez is CEO of L+M Development Partners, overseeing day-to-day operations, construction and property-management subsidiaries, and growth strategy. She has spent approximately 20 years at L+M after senior management at HDC and roles at JPMorgan Chase, NYCEDC and Silverstein Properties; a September 29, 2026 announcement says she will transition to executive chair on January 1, 2027, which is a future commitment rather than her position on October 11, 2026.
Current title
Chief Executive Officer, L+M Development Partners
since January 1, 2022
Experience
20+ years at l+m
Companies before
New York City Housing Development CorporationJPMorgan Chase BankNew York City Economic Development CorporationSilverstein Properties
Education
not published
Other boards
Dormitory Authority of the State of New York — Chair
Known for
CEOAffordable housing financeHDC alumnaNYC Planning Commission alumnaDASNY chair
https://www.linkedin.com/in/lisagomezlmdp
I think the things that we’re focused on right now are the successful completion of the large projects we have underway — like Bronx Point, which is anchored by the Universal Hip Hop Museum, and the mixed-use National Urban League project on 125th Street. Commercial Observer June 27, 2022https://commercialobserver.com/2022/06/lisa-gomez-talks-about-the-challenges-facing-nycs-affordable-housing-developers/

Sources: full name

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Lisa Gomez
value seen: Lisa Gomez
https://lmdp.com/our-people/

Sources: linkedin page

SOCIALdate not shown in source

LinkedIn profile

LinkedIn
https://www.linkedin.com/in/lisagomezlmdp
value seen: https://www.linkedin.com/in/lisagomezlmdp
value paraphrased from this source
https://www.linkedin.com/in/lisagomezlmdp

Sources: other boards

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Dormitory Authority of the State of New York — Chair
value seen: Dormitory Authority of the State of New York — Chair
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: previous companies

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Prior to joining L+M, New York City Housing Development Corporation
value seen: New York City Housing Development Corporation
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: previous companies

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Prior to joining L+M, JPMorgan Chase Bank
value seen: JPMorgan Chase Bank
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: previous companies

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Prior to joining L+M, New York City Economic Development Corporation
value seen: New York City Economic Development Corporation
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: previous companies

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Prior to joining L+M, Silverstein Properties
value seen: Silverstein Properties
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: date

PRESS2022-06-27

Commercial Observer

Commercial Observer
June 27, 2022
value seen: June 27, 2022
value paraphrased from this source
https://commercialobserver.com/2022/06/lisa-gomez-talks-about-the-challenges-facing-nycs-affordable-housing-developers/

Sources: publisher

PRESS2022-06-27

Commercial Observer

Commercial Observer
Commercial Observer
value seen: Commercial Observer
value paraphrased from this source
https://commercialobserver.com/2022/06/lisa-gomez-talks-about-the-challenges-facing-nycs-affordable-housing-developers/

Sources: quote

PRESS2022-06-27

Commercial Observer

Commercial Observer
I think the things that we’re focused on right now are the successful completion of the large projects we have underway — like Bronx Point, which is anchored by the Universal Hip Hop Museum, and the mixed-use National Urban League project on 125th Street.
value seen: I think the things that we’re focused on right now are the successful completion of the large projects we have underway — like Bronx Point, which is anchored by the Universal Hip Hop Museum, and the mixed-use National Urban League project on 125th Street.
https://commercialobserver.com/2022/06/lisa-gomez-talks-about-the-challenges-facing-nycs-affordable-housing-developers/

Sources: url

PRESS2022-06-27

Commercial Observer

Commercial Observer
https://commercialobserver.com/2022/06/lisa-gomez-talks-about-the-challenges-facing-nycs-affordable-housing-developers/
value seen: https://commercialobserver.com/2022/06/lisa-gomez-talks-about-the-challenges-facing-nycs-affordable-housing-developers/
value paraphrased from this source
https://commercialobserver.com/2022/06/lisa-gomez-talks-about-the-challenges-facing-nycs-affordable-housing-developers/

Sources: rank

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chief Executive Officer, L+M Development Partners
value seen: 4
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://lmdp.com/our-people/

Sources: role type

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chief Executive Officer, L+M Development Partners
value seen: Chief Executive Officer, L+M Development Partners
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: since

COMPANYdate not shown in source

Leadership biography or announcement

L+M Development Partners
January 1, 2022
value seen: January 1, 2022
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: summary

COMPANYdate not shown in source

Profile biography

L+M Development Partners
Lisa Gomez is CEO of L+M Development Partners, overseeing day-to-day operations, construction and property-management subsidiaries, and growth strategy. She has spent approximately 20 years at L+M after senior management at HDC and roles at JPMorgan Chase, NYCEDC and Silverstein Properties; a September 29, 2026 announcement says she will transition to executive chair on January 1, 2027, which is a future commitment rather than her position on October 11, 2026.
value seen: Lisa Gomez is CEO of L+M Development Partners, overseeing day-to-day operations, construction and property-management subsidiaries, and growth strategy. She has spent approximately 20 years at L+M after senior management at HDC and roles at JPMorgan Chase, NYCEDC and Silverstein Properties; a September 29, 2026 announcement says she will transition to executive chair on January 1, 2027, which is a future commitment rather than her position on October 11, 2026.
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
CEO
value seen: CEO
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
20+ years at L+M
value seen: 20+ years at L+M
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Affordable housing finance
value seen: Affordable housing finance
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
HDC alumna
value seen: HDC alumna
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
NYC Planning Commission alumna
value seen: NYC Planning Commission alumna
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
DASNY chair
value seen: DASNY chair
value paraphrased from this source
https://lmdp.com/member/lisa-gomez/

Sources: title

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chief Executive Officer, L+M Development Partners
value seen: Chief Executive Officer, L+M Development Partners
https://lmdp.com/member/lisa-gomez/
AB
Amy Burpee Cordone
Amy Burpee Cordone is L+M’s COO, responsible for community investment, communications and marketing, government and community relations, corporate operations, and workforce and contractor diversity. She joined L+M in 2014 after Tishman Construction (AECOM), and previously led construction-business operations and corporate strategy.
Current title
Chief Operating Officer
since 2023
Experience
25+ years real estate
Companies before
Tishman Construction (AECOM)
Education
University of Michigan Ross School of BusinessBBA
Rotterdam School of Management at Erasmus UniversityCertificate in international business
Temple University Fox School of BusinessEMBA
Other boards
CHIEF — member
Known for
COOTishman Construction/AECOM alumnaBBAEMBACorporate operations
https://www.linkedin.com/in/amycordone

Sources: degree

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
BBA
value seen: BBA
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: institution

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
University of Michigan Ross School of Business
value seen: University of Michigan Ross School of Business
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: degree

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Certificate in international business
value seen: Certificate in international business
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: institution

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Rotterdam School of Management at Erasmus University
value seen: Rotterdam School of Management at Erasmus University
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: degree

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
EMBA
value seen: EMBA
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: institution

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Temple University Fox School of Business
value seen: Temple University Fox School of Business
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: full name

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Amy Burpee Cordone
value seen: Amy Burpee Cordone
https://lmdp.com/our-people/

Sources: linkedin page

SOCIALdate not shown in source

LinkedIn profile

LinkedIn
https://www.linkedin.com/in/amycordone
value seen: https://www.linkedin.com/in/amycordone
value paraphrased from this source
https://www.linkedin.com/in/amycordone

Sources: other boards

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
CHIEF — member
value seen: CHIEF — member
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: previous companies

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Prior to joining L+M, Tishman Construction (AECOM)
value seen: Tishman Construction (AECOM)
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: rank

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chief Operating Officer
value seen: 5
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://lmdp.com/our-people/

Sources: role type

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chief Operating Officer
value seen: Chief Operating Officer
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: since

COMPANYdate not shown in source

Leadership biography or announcement

L+M Development Partners
2023
value seen: 2023
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: summary

COMPANYdate not shown in source

Profile biography

L+M Development Partners
Amy Burpee Cordone is L+M’s COO, responsible for community investment, communications and marketing, government and community relations, corporate operations, and workforce and contractor diversity. She joined L+M in 2014 after Tishman Construction (AECOM), and previously led construction-business operations and corporate strategy.
value seen: Amy Burpee Cordone is L+M’s COO, responsible for community investment, communications and marketing, government and community relations, corporate operations, and workforce and contractor diversity. She joined L+M in 2014 after Tishman Construction (AECOM), and previously led construction-business operations and corporate strategy.
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
COO
value seen: COO
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
25+ years real estate
value seen: 25+ years real estate
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Tishman Construction/AECOM alumna
value seen: Tishman Construction/AECOM alumna
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
BBA
value seen: BBA
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
EMBA
value seen: EMBA
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Corporate operations
value seen: Corporate operations
value paraphrased from this source
https://lmdp.com/member/amy-burpee-cordone/

Sources: title

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chief Operating Officer
value seen: Chief Operating Officer
https://lmdp.com/member/amy-burpee-cordone/
JC
Joe Curatolo
Joe Curatolo is L+M’s CFO, supervising lender, investor and auditor relationships and leading financial planning, treasury and accounting. He joined L+M in 2021 after leadership in Goldman Sachs’s real-estate investing business, where he headed Finance and Portfolio Management for the Urban Investment Group.
Current title
Chief Financial Officer
since January 23, 2025
Experience
no career length stated
Companies before
Goldman Sachs
Education
Lehigh UniversityBS in Civil Engineering and MS in Industrial Engineering
New York University Stern School of BusinessMBA
Other boards
none sourced
Known for
CFOGoldman Sachs alumCorporate financeInvestment managementLehigh engineering
https://www.linkedin.com/in/joseph-curatolo-60998545

Sources: degree

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
BS in Civil Engineering and MS in Industrial Engineering
value seen: BS in Civil Engineering and MS in Industrial Engineering
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: institution

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Lehigh University
value seen: Lehigh University
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: degree

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
MBA
value seen: MBA
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: institution

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
New York University Stern School of Business
value seen: New York University Stern School of Business
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: full name

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Joe Curatolo
value seen: Joe Curatolo
https://lmdp.com/our-people/

Sources: linkedin page

SOCIALdate not shown in source

LinkedIn profile

LinkedIn
https://www.linkedin.com/in/joseph-curatolo-60998545
value seen: https://www.linkedin.com/in/joseph-curatolo-60998545
value paraphrased from this source
https://www.linkedin.com/in/joseph-curatolo-60998545

Sources: previous companies

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Prior to joining L+M, Goldman Sachs
value seen: Goldman Sachs
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: rank

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chief Financial Officer
value seen: 6
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://lmdp.com/our-people/

Sources: role type

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chief Financial Officer
value seen: Chief Financial Officer
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: since

COMPANYdate not shown in source

Leadership biography or announcement

L+M Development Partners
January 23, 2025
value seen: January 23, 2025
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: summary

COMPANYdate not shown in source

Profile biography

L+M Development Partners
Joe Curatolo is L+M’s CFO, supervising lender, investor and auditor relationships and leading financial planning, treasury and accounting. He joined L+M in 2021 after leadership in Goldman Sachs’s real-estate investing business, where he headed Finance and Portfolio Management for the Urban Investment Group.
value seen: Joe Curatolo is L+M’s CFO, supervising lender, investor and auditor relationships and leading financial planning, treasury and accounting. He joined L+M in 2021 after leadership in Goldman Sachs’s real-estate investing business, where he headed Finance and Portfolio Management for the Urban Investment Group.
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
CFO
value seen: CFO
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Goldman Sachs alum
value seen: Goldman Sachs alum
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Corporate finance
value seen: Corporate finance
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Investment management
value seen: Investment management
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
Lehigh engineering
value seen: Lehigh engineering
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: tags

COMPANYdate not shown in source

Leadership biography

L+M Development Partners
NYU Stern MBA
value seen: NYU Stern MBA
value paraphrased from this source
https://lmdp.com/member/joe-curatolo/

Sources: title

COMPANYdate not shown in source

Our People | L+M Development Partners

L+M Development Partners
Chief Financial Officer
value seen: Chief Financial Officer
https://lmdp.com/member/joe-curatolo/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

10 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Marcus Garvey Extension Phase 2 — Building GNew York, United States
Brownsville, Brooklyn
residential for rent1091eight-story—————Oct 2025Apr 2026+6.0 mo
(+6.0 to +6.0)
estimatedcompleted
The WinstonNew Haven, United States
Science Park; Dixwell and Newhallville neighborhoods
residential for rent, retail, mixed use28315258,904 sq ftUSD 90m
estimated cost
—2024March 2024Jan 2026 – Apr 2026Mar 2026+0.5 mo
(−1.0 to +2.0)
sourcedcompleted
Alafia Phase INew York, United States
Spring Creek, East New York
residential for rent, retail, other, mixed use576115-story tower, 12-story tower, and six-story residential building—USD 387m
estimated cost
—2022December 19, 2022—Dec 2025—not scorablecompleted
MiramarNew York, United States
Inwood
residential for rent, retail, mixed use698114-story and 17-story towers770,483 sq ftUSD 416m
estimated cost
—2023May 9, 2023Apr 2025 – Jun 2025Oct 2025+5.0 mo
(+4.0 to +6.0)
estimatedcompleted
National Urban League Empowerment CenterNew York, United States
Harlem
residential for rent, office, retail, other, mixed use170117414,000 sq ftUSD 242m
estimated cost
—2021June 2021Sep 2023 – Dec 2023Sep 2025+22.5 mo
(+21.0 to +24.0)
sourcedcompleted
Ray Harlem — base buildingNew York, United States
Harlem
residential for rent, other, mixed use222121260,000 sq ft——2022June 24, 2022Sep 2024 – Dec 2024Jul 2025+8.5 mo
(+7.0 to +10.0)
estimatedcompleted
Beach Green Dunes IIINew York, United States
Far Rockaway
residential for rent1461————2023April 2023Jan 2024 – Dec 2024Jan 2025+6.5 mo
(+1.0 to +12.0)
sourcedcompleted
JasperNew York, United States
Long Island City
residential for rent, retail, mixed use499113550,000 sq ftUSD 370m
estimated cost
—2021December 29, 2021Oct 2024Jan 2025 – Mar 2025+4.0 mo
(+3.0 to +5.0)
sourcedcompleted
Coney Island Phase 2 / 1607 Surf AvenueNew York, United States
Coney Island
residential for rent, retail, other, mixed use3761————2022January 2022Jun 2024 – Aug 2024Oct 2024+3.0 mo
(+2.0 to +4.0)
sourcedcompleted
Claremont HallNew York, United States
Morningside Heights
residential for sale, other, mixed use1921—354,000 sq ft——2022June 15, 2022Jan 2023 – Dec 2023Jun 2024+11.5 mo
(+6.0 to +17.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

6 found
COMPANY AWARD Winner March 7, 2024
ENR New York 2024 Owner of the Year
L+M Development Partners was selected by ENR editors as ENR New York’s 2024 Owner of the Year.
PROJECT AWARD Winner 2025
ULI New York Award for Excellence in Affordable Housing Development · Sendero Verde
Sendero Verde won the Excellence in Affordable Housing Development award; L+M Development Partners was named one of the project’s developers/owners.
PROJECT AWARD Winner October 17, 2022
ULI Global Award for Excellence · Essex Crossing
Essex Crossing was selected as a 2022 ULI Global Awards for Excellence winner, with L+M Development Partners named among its developers.
PROJECT AWARD Winner April 30, 2026
ULI New York Award for Excellence in Mixed-Use Development · Urban League Empowerment Center
The Urban League Empowerment Center won the 2026 Excellence in Mixed-Use Development award, with L+M Development Partners named among the developers.
RANKING Ranked May 19, 2025
Top 50 Affordable Housing Developers of 2024
L+M Development Partners and Affiliates ranked 17th in Affordable Housing Finance’s 2024 Top 50 Affordable Housing Developers list.
PROJECT AWARD Winner March 30, 2023
Westchester Home Builders Award — Best Luxury Multifamily Development · Stella
Stella won the Best Luxury Multifamily Development category; the source identifies LMXD, an affiliate of L+M Development Partners, as a developer alongside WBP Development LLC.

Risks

Risk flags

9 found
FINANCIAL DISTRESS Default notice on June 24 (year not stated in the source); report published March 21, 2025
A Bisnow report dated March 21, 2025 said L+M’s 320 St. Nicholas Ave. project was in default after Santander demanded payment, and that L+M sued when the lender declined its proposed deed-in-lieu of foreclosure; the report said L+M had stopped work and warehoused the reconfigured apartments, while the lender’s notice asserted potential recourse under bad-boy-guarantee provisions. The report described allegations and lender positions in the court complaint, not a completed foreclosure.
LEGAL March 20, 2025
In a March 20, 2025 decision, New York Supreme Court granted the PS 90 Board and unit owners summary judgment on liability for breach of contract against L&M-related defendants, finding substantial construction defects and that the condominium was not delivered in accordance with the offering plan; damages were deferred to trial.
SAFETY / LABOUR Incident October 1, 2019; decision September 22, 2022
A worker injured at L&M’s 25 Park Row project on October 1, 2019 alleged that a stone panel was inadequately hoisted or secured and suddenly accelerated onto his wrist; in its September 22, 2022 decision, the court dismissed many pleaded safety theories but allowed specified Labor Law §241(6) claims concerning crane inspection, load security and sudden acceleration to continue, while L&M denied wrongdoing.
PROJECT CANCELLED 2025-09-02 (publication date; status reported as of that date)
Innovation QNS (Astoria) — The Real Deal reported on September 2, 2025 that the original five-site, 3,200-unit megaproject would not happen after its developer team dissolved; L+M’s subsidiary LMXD is instead pursuing a separate 560-unit project on one site, so this is a cancellation of the original plan rather than a finding that the replacement project failed.
PROJECT CANCELLED 2022-04-01 (sale and replacement-plan report; successor completion not established in the retrieved evidence)
260 South Street / Two Bridges — L+M Development Partners and CIM Group’s planned approximately 1,400-unit project was superseded when they sold the site to The Chetrit Group in April 2022; the successor’s planned complex was still described as planned, with no announced construction start, so the evidence supports abandonment of L+M/CIM’s version but not parent-level liability for later events.
DELIVERY DELAY 2025-10-10 (status-page publication date; earlier completion expectation reported in 2020)
Two Bridges / 260 South Street — A contemporaneous 2025 status record listed the L+M/CIM project as “In Planning,” while the project had been approved years earlier and its earlier completion expectations were before 2025; because L+M had sold the site in 2022, this documents prolonged non-delivery of the project but does not attribute successor delay to L+M.
PROJECT CANCELLED 2014-08-13 withdrawal; subsequent unresolved site history reported 2024-08-19 (older material failure)
Long Island College Hospital redevelopment — L+M Development Partners withdrew from the former SUNY hospital redevelopment in 2014, leaving the affordable-housing component uncertain; later reporting shows the broader Fortis-led plans encountered rezoning failure, debt default/foreclosure-related events and site resale, but those later events concern Fortis and other entities rather than establishing L+M liability.
RISK National Urban League Empowerment Center

Base building completion preceded interior construction, with museum and interior fit-out continuing afterward.

RISK Ray Harlem — base building

National Black Theatre interior fit-out was expected to begin later, with a grand opening scheduled for 2027; this record covers completed base building only.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 11, 2026 this month
Profile last researchedOctober 11, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.