L+M Development Partners LLC’s Post

New York City Hall, in collaboration with the Department of Housing Preservation and Development (HPD) and the New York City Housing Authority (NYCHA), announced plans to prepare an Environmental Impact Statement (EIS) for the Fulton Elliott-Chelsea renovation project in Manhattan. This ambitious project focuses on reconstructing four NYCHA housing developments: Chelsea, Chelsea Addition, Elliott, and Fulton Houses, all situated in the Chelsea neighborhood. The initiative aims to address the housing needs of approximately 4,410 residents across two campuses separated by a quarter mile. The Fulton Elliott-Chelsea renovation project includes the phased demolition of existing residential units and public spaces, followed by the construction of new mixed-use buildings. These buildings will feature a mix of affordable and market-rate apartments, new public spaces, and retail facilities, including supermarkets. Additionally, the project proposes the enhancement of public facilities space managed by Hudson Guild and the addition of parking spaces. Central to the project's execution are two potential paths: the "Rezoning Alternative" and the "No Rezoning Alternative." These options will be thoroughly examined in the EIS to determine their impacts and viability. Through NYCHA's PACT program, the project will transition Section 9 housing subsidies to Section 8 Project-Based Vouchers (PBV) via the Rental Assistance Demonstration (RAD) and Title 18 USHA. NYCHA plans to enter a long-term lease with Elliott Fulton LLC and Essence Development or their affiliates for the project land, necessitating an environmental permit and EIS due to HUD's involvement. This project has sparked open discussions and opportunities for public and stakeholder feedback, emphasizing community engagement in the redevelopment process. The Fulton Elliott-Chelsea renovation project is set to be a significant undertaking, aiming for completion by 2040, with a focus on enhancing living conditions, modernizing facilities, and fostering community development in Manhattan's Chelsea neighborhood. #FultonElliottChelsea #NYCHA #ManhattanRenovation #NYCHousing #EIS #UrbanDevelopment #AffordableHousing #CommunityEngagement #PACTprogram #NYCDevelopment Contact me to discuss the latest scoop in real estate! #manhattanrealtor #brooklynrealtor #queensrealtor #bronxrealtor #westchesterrealtor #nyrealtor #nycrealtor #realtist #nyrealestate #douglasellimannewyork

CIBS Hosts Insightful Discussion on Melville Town Center's Future On Wednesday, September 25, 2024, the Commercial and Industrial Brokers Society of Long Island (CIBS) hosted a highly anticipated panel discussion: “The Melville Town Center – Will it Succeed and is It a Model for Other Long Island Municipalities?” The event brought together industry leaders and real estate professionals to explore the potential of the Melville Town Center and its impact on Long Island’s growth. Moderated by Peter L. Curry, partner at Farrell Fritz, P.C., the panel featured: • David Pennetta SIOR, CIBS, LEED GA, CIBS Co-President and Executive Managing Director at Cushman & Wakefield • Michael Florio, CEO of Long Island Builders Institute • Louis Bekofsky, Principal & Managing Director at VHB Engineering • Kelley Coughlan Heck, Executive Vice President & Partner at TRITEC Real Estate Company, Inc. The conversation highlighted opportunities and challenges tied to redeveloping the Maxess Road area into a dynamic mixed-use community, blending commercial, residential, and recreational spaces. Peter Curry noted, “The Melville Town Center project could reshape how Long Island approaches mixed-use development and serve as a model for other municipalities balancing growth with community needs.” The panel emphasized the need for collaboration between developers, local governments, and communities to ensure Long Island remains a thriving hub for commercial and residential activity. CIBS Co-President David Pennetta added, “CIBS is proud to facilitate these essential conversations. As Long Island evolves, it’s critical that we proactively address the challenges and opportunities of major projects like the Melville Town Center.” #CIBS #LongIsland #RealEstate #MixedUseDevelopment #MelvilleTownCenter #CommercialRealEstate #CommunityGrowth  

Transform underutilized spaces into thriving community assets! Our new guide, Brownfield Redevelopment for Equitable and Resilient Communities, is packed with resources to help you: • Unlock the potential of brownfields with innovative & sustainable practices. • Access funding & resources to support your project's success. • Find inspiration from real-world examples of brownfield transformations. Join the conversation! Share your thoughts & experiences with brownfield redevelopment in the comments below. Download the guide & share how your communities have turned your brownfields into brightfields! https://lnkd.in/eYee5i6j

Check out the latest blog from LandLogic highlighting the importance of reimagining #brownfield sites in our effort to address the growing #housingcrisis.

INTERCONSTRUCTION: real estate promoters of life and well-being. 🙌🏼 Founded in 1960, Interconstruction joined the Eaglestone Group in 2020 to strengthen its position in the Paris region market. 🏠 Expertise and commitment: we dedicate our know-how to the well-being of our clients, whether institutional or private, by combining elegance, innovation and respect for the environment. Our creations reflect our constant quest for quality. 🌉 Urban development: thanks to a medium- and long-term strategy and a talented, responsive team, we successfully respond to new challenges by getting involved in complex and varied projects: individual and collective housing, social housing, urban renewal, shops, offices, student residences and shared accommodation. 🖼️ Culture and art: each project is signed by a unique work of art, creating a unique link between our buildings and culture, to make art accessible to all. A shared library, designed by our teams, is also part of our cultural approach. 🌎 Endowment Fund: created in 2019, the Interconstruction Endowment Fund supports civic initiatives in four areas: art, the environment, sport and literature. Interconstruction is more than 60 years of passion and high standards dedicated to the quality of life and well-being of its occupants. INTERCONSTRUCTION #EaglestoneGroup #Interconstruction #RealEstate

L+M Development Partners is spearheading the creation of Arverne East, a pioneering master-planned community in Queens, N.Y., set to be New York City’s first carbon net-zero community. Occupying 116 acres on the Rockaway Peninsula, the project integrates environmental sustainability with affordability, dedicating 80% of its 1,650 housing units to affordable living. Central to its vision is a 35-acre nature preserve and a community hub. The development aligns with L+M’s long-standing commitment to affordable housing, marked by its ownership of over 46,000 residential units, 86% of which are affordable. This initiative is further highlighted by their groundbreaking work with passive housing—the firm will soon open the United States' largest multifamily certified passive house. Additionally, L+M has integrated significant eco-friendly innovations such as geothermal wells and has earned the first WEDG verification for an affordable housing project, emphasizing its leadership in resilient and accessible waterfront designs. Founded in 1984, L+M thrives under the leadership of Lisa Gomez, focusing on high-quality, mixed-income housing that bolsters communities. They’ve also launched LMXD to expand their market-rate development segment, alongside an investment management arm concentrating on institutional capital for affordable housing. Their commitment to sustainability is evidenced in projects like Beach Green Dunes II and Sendero Verde, which feature extensive use of passive house standards and renewable energy systems. L+M’s approach also involves thoughtful adaptation to evolving standards and regulations, such as New York’s Local Law 97, which demands lower carbon emissions from new constructions. The firm’s engagement with sustainable building practices and materials highlights its proactive stance in the face of stringent environmental requirements. L+M’s philosophy transcends mere compliance, striving for a holistic integration of sustainability, affordability, and community enhancement, making it a paragon in the housing sector. #LAndMDevelopment #ArverneEast #NetZeroNYC #AffordableHousing #SustainableLiving #PassiveHouse #GeothermalEnergy #RenewableEnergy #EcoFriendlyHousing #CommunityDevelopment Contact me to discuss the latest scoop in real estate! #manhattanrealtor #brooklynrealtor #queensrealtor #bronxrealtor #westchesterrealtor #nyrealtor #nycrealtor #realtist #nyrealestate #douglasellimannewyork

Blueprint infrastructure projects are designed with a singular purpose — to intricately weave connections between people and the special places within our city, such as parks, businesses, trails, and green spaces through infrastructure projects. This deliberate fusion of urban convenience and natural tranquility is exemplified in initiatives like the Welaunee Blvd Greenway expansion. The NE Gateway: Welaunee Blvd. project is a testament to Blueprint’s commitment. It aims to seamlessly link the existing Miccosukee Greenway with the 8-mile Welaunee Greenway that is underway, forming a vital 17-mile loop. This greenway connection will not impact the existing Miccosukee Greenway. This link is envisioned as a nature-filled corridor that will grant residents and visitors the opportunity to walk, jog, or cycle while immersing themselves in the breathtaking beauty of the Tallahassee-Leon County region. It's more than just development; it's about creating thriving spaces that allow you to unwind and stay connected from one space to another. Blueprint aspires to offer a seamless pathway, encouraging a harmonious balance between the urban pulse and the serenity of nature. Learn more about the NE Gateway: Welaunee Blvd. project and join Blueprint in fostering a community where every step forward is a step closer to nature. Learn more about this project by visiting https://lnkd.in/eBn6UPQz. #BlueprintIA #CityOfTallahassee #LeonCounty #ConnectingPeopleAndPlaces #GetOutDoors #NEGateway #Construction #ProjectUpdate

Spotlight on Vogel Building Group: Fueling Lake County's Economic Growth Vogel Building Group (VBG) stands out in Lake County's economic landscape for their exceptional custom homes and their contribution to local development. Rooted in a family legacy that began in the 1950s, VBG combines tradition with innovation, creating not just homes but enduring legacies. Key Contributions to Lake County: Innovation in Design: VBG's commitment to blending traditional architecture with modern lifestyles brings a unique aesthetic to Lake County, enhancing its appeal as a place to live and invest. Community Focus: Specializing in the exclusive Bella Collina community, VBG contributes to Lake County's reputation as a premier destination for luxury living. Economic Investment: Through our public-private partnership, VBG plays a critical role in boosting Lake County's economy, providing jobs, and fostering sustainable community growth. VBG's Impact on Lake County: Quality Construction: VBG's hands-on approach assures top-tier quality in construction, elevating the standard of living and attracting new residents to the area. Local Expertise: With deep roots in the community, VBG's understanding of Lake County's needs ensures that each project aligns with the region's economic development goals. As VBG continues to build in Lake County, their investment in our community goes beyond construction. They are a vital partner in our journey towards a prosperous and vibrant Lake County. For detailed information on Vogel Building Group’s projects in Lake County, please visit: https://lnkd.in/e2x7eWn7 Rick Vogel #PublicPrivatePartnerships #thankyou #leadinglake #bellacollina #lakecounty

The redevelopment of brownfields generally requires more stakeholder participation than the typical real estate transaction, due to a number of possible factors including: the complex history of the site, community concerns about public health impacts and safety, difficulty getting funding and financing, and competing visions for the site’s redevelopment. https://ed.gr/dxm21