Lendlease, L+M pay $60.7M to Union Theological Seminary for development site in Morningside Heights

Lendlease and L+M Development Partners through the entity Broadway Community Owner LLC paid Union Theological Seminary’s Union Theological Seminary In The City Of New York $60.7 million for 100 Claremont Avenue in Morningside Heights. The deal closed on June 22, 2020, and was recorded on June 29, 2020.

Lendlease and L+M filed plans in 2018 for a 350,000 square foot project with 175 residential units. Melissa Burch of Lendlease was the signatory for the buyer. The contract date was October 23, 2017.

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