Melissa Burch
L+M Development Partners
L+M Development Partners|Lendlease portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$2.7 billion – elevator 67.0%, condo 20.0%; Manhattan 52.0%, Brooklyn 34.0%
19th largest portfolio by dollar value
24,222,069 sqft – elevator 74.0%, walkup 11.0%;
6th largest by SF
331 properties – Manhattan 53%, Brooklyn 36%
15th largest
25,409 residential units – Manhattan 41.0%, Brooklyn 41.0%
2th largest by residential units
Top Ten Associated Companies:
Union Theological Seminary (1), RedSky Capital (1), Barings (1)
Top Ten Associated People:
Rev. Dr. L. Serene Jones (1), Kevin Moore, Benjamin Bernstein (1)
Recent activity as signatory:
• Melissa Burch filed plans for major alteration for 97,569 sqft in Greenpoint, Brooklyn, on December 10, 2020.
• RedSky Capital sold 131 West Street, West Street, Brooklyn, Brooklyn for $110.8 million to Lendlease on October 16, 2020.
• Union Theological Seminary sold 100 Claremont Avenue, Morningside Heights, Manhattan for $60.7 million to L+M Development Partners on June 29, 2020.
• L+M Development Partners borrowed $250.8 million from Barings for 92 Claremont Avenue, Morningside Heights, Manhattan on June 29, 2020.
• Melissa Burch filed plans for new building for 281,801 sqft in Morningside Heights, Manhattan, on December 27, 2018.