New York, NY MaryAnne Gilmartin, David Levinson and Robert Lapidus have launched a new development company, L&L MAG.
L&L MAG brings together purposeful, committed builders to develop projects that enhance the skyline and streetscapes of local communities while delivering value to partners and investors.
They are a woman co-founded and managed company dedicated to inclusivity in the real estate industry.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,