Herminio Torres
L+M Development Partners
(L&M Development Partners)
1865 Palmer Avenue, Floor 2 Larchmont, NY 10538
2 Park Avenue, Floor 23 New York, NY 10016
L+M Development Partners NYC portfolio
$7.5 billion -elevator 52%, condo 14%, development 13%; Manhattan 46%, Brooklyn 26%, Bronx 12%*
28th largest portfolio by dollar value
23,540,996 sqft – elevator 71%, condo 11%, walkup 11%; Manhattan 39%, Brooklyn 38%, Bronx 13%
14th largest by SF
267 properties – Manhattan 51%, Brooklyn 35%, Bronx 9%
11th largest
24,922 residential units – Manhattan 40%, Brooklyn 39%, Bronx 9%
6th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.