How We Started
March 24, 2025
Who is Mary Laut
M/WBE, but say it the long way
Minority/Woman Owned Business Enterprise
In 2025, L+M began a strategic partnership with this investment firm
Sixth Street
Due to a successful GFE submission, this project changed how we put together GFE packages getting entire project teams and the marketing dept. involved.
211/212 - Williamsbridge Gardens
Don't threaten me with a good time! This program sets it's goal as 25% of applicable costs, combines M&W, and lets you use multiple certifications sources.
NYC HPD
Halloween 2022
Who is LaToya Campbell
On October 1, 2014, Governor Andrew Cuomo mandated this set percentage for MWBE goals for all NYS projects
30%
L+M's Mission Statement
"Working Together to Build Stronger Communities"
At $162+ Million, this project has the highest MWBE utilization
NYCHA Edenwald
This program takes the cake with goals as high as 51%
The City of Newark
11/28/16
Who is Jennifer Fraticelli
Taking effect in January 2020, the personal net worth cap to obtain MWBE certification was increased to
$15 Million
These two names make up the L and M, in L+M Development Partners.
Loewentheil and Moelis
At $54+ million, this project has the highest MWBE spend for a single building
Bronx Point
HCR, but say it the long way
Homes and Community Renewal
May 26, 2015
Who is Bianca Bannister?
Article ___ is the NYS Legislation that requires M/WBE participation on state projects
15A
Dedication, Relationships, Innovation, Integrity, Respect and _________ are the 6 company values
Quality
At $34+ Million this project is our highest MWBE spend for an HPD project. (Hint - it also would have hit HCR goals if it had them)
Coney Island Phase 1
NYC's wage reporting system for projects that do not have prevailing wage
LL44 - Wage
11/14/16
Who is Juri Gerena?
In this year, MWBE was established into executive law
1988
Year L+M was founded
1984
Leading at 62 people placed, this project has the hightest number of local hires
Essex Crossing Site 2
Construct NYC is a prequalification program, led by this agency which provides MWBE's exclusive opportunities to their projects.
NYC - Economic Development Corportation