Ron Moelis
Chairman & Co-Founder
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
$7.7 billion -elevator 52%, condo 14%, development 13%; Manhattan 45%, Brooklyn 27%, Bronx 12%*
18th largest portfolio by dollar value
23,304,865 sqft – elevator 72%, walkup 12%, condo 11%; Manhattan 40%, Brooklyn 37%, Bronx 13%
10th largest by SF
275 properties – Manhattan 50%, Brooklyn 36%, Bronx 8%
8th largest
24,743 residential units – Manhattan 43%, Brooklyn 36%, Bronx 9%
4th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Top Ten Associated Companies:
Top Ten Associated People:
James H. Simmons III (4), Rick Gropper (3)
Recent activity as signatory:
• L+M Development Partners sold 349 Lenox Avenue for $5.2 million to Asland Capital Partners on June 02, 2023.
• L+M Development Partners sold 1090 Franklin Avenue for $6.3 million to Asland Capital Partners on June 02, 2023.
• L+M Development Partners sold 1023 Washington Avenue for $17.7 million to Asland Capital Partners on June 02, 2023.
• L+M Development Partners sold 215 West 148 Street for $10.1 million to Asland Capital Partners on June 02, 2023.
• L+M Development Partners sold 2344 Beaumont Avenue for $6.2 million to Camber Property Group on October 30, 2020.
• L+M Development Partners sold 4701 Barnes Avenue for $6.2 million to Camber Property Group on October 30, 2020.
• L+M Development Partners sold 505 Brook Avenue for $11.2 million to Camber Property Group on October 30, 2020.
• Ron Moelis filed plans for new building for 55,773 sqft in Harlem, Manhattan, on December 12, 2013.
• Ron Moelis filed plans for new building for 57,201 sqft in Harlem, Manhattan, on November 14, 2013.