L+M’s Walker House is one of only three landmarked buildings erected during the Art Deco architectural movement that began in the late 1920s.
L+M Development Partners and Prudential Financial have secured financing to preserve and renovate a government-subsidized housing complex in Newark’s South Ward.
Construction on the first phase of Sendero Verde will begin in the next few weeks and finish by 2022.
Method Climbing is expected to open to the public in early 2020 on the lower floors of Walker House.
The building’s 268 apartments will be modernized with new kitchens and bathrooms, as well as updates to the common areas, roof, building façade and elevators.
Annual income requirements for the building at 140 Essex St. range from zero to approximately $51K.
The restored building, originally built in 1929 as the Bell Telephone Building, includes affordable housing, tech classrooms and office space.
A resident of The Essex reflects fondly on her childhood neighborhood as she returns to the community over 40 years later.
The affordable, energy efficient building located in the Bronx provides housing and supportive services to formerly homeless families.
Buildings developed in tandem with food halls, like The Essex, are proving to be very attractive for residents.