News

02.26.21

Bedford Union Armory to Be Renamed for Social Justice Leader

Bedford Union Armory will be officially renamed the Major R. Owens Health and Wellness Community Center when it opens later this year. BFC Partners, New York City Mayor Bill de Blasio, Brooklyn Borough President Eric Adams, and Majority Leader Laurie A. Cumbo announced the renaming in honor of former U.S. Congressman Major Robert Owens. Congressman Owens was a renowned civil rights and social justice leader, beginning his career as an information librarian at the Brooklyn Public Library and eventually serving 25 years in the United States House of Representatives.

02.17.21

Development Structure of Sendero Verde Praised in Urban Land Institute Report

The joint venture behind the affordable housing Sendero Verde development was praised in “Building Climate Resilience in Cities Worldwide,” a report authored by the Urban Land Institute and the Centre for Liveable Cities. “Inclusion is best achieved when all communities have effective voices in decision-making processes,” write the authors. “In addition to direct public outreach, stakeholders can also identify and partner with organisations and individuals in the community and position them in roles with meaningful influence.” The report cites the joint venture of L+M Development Partners, Jonathan Rose Companies, and the community organization Acacia Network and its development of Sendero Verde as an example of how this aspirational goal can be achieved.

02.02.2021

Essex Crossing Developers Unveil One Essex Crossing Condominium

BFC Partners, L+M Development Partners, Taconic Partners, the Prusik Group and Goldman Sachs Urban Investment Group (collectively, “Delancey Street Associates”) has unveiled plans for One Essex Crossing, a 14-story condominium with 83 units built around an elevated 9,000 square foot amenity garden. You can read more about the project in NYREJ.