Lemor Development Group
Building strong partnerships and innovative strategies to bring our projects to life
Our Story
Lemor Development Group (LDG) was established in 2014 to manage the acquisition, development and management of underperforming government and privately funded multifamily properties and projects. Committed to reducing the critical shortage of affordable housing and positively impacting lives in our communities.
Upcoming Projects
2020
PRC Manhattan - $450,000,000
Joint Venture to lease and in-place rehabilitate 1,718 NYCHA Public Housing units in Manhattan through NYCHA's RAD PACT initiative.
Harlem Gardens - $22,000,000
Acquisition and repositioning of 166 units in 8 buildings located in Central Harlem.
Central Harlem Cluster - $30,000,000
Joint Venture to construction 48 affordable co-op units in Central Harlem.
2021
Central Harlem Cluster - $40,000,000
Development of 72 units in 8 new construction buildings utilizing LIHTCs located in Central Harlem.
Capabilities
1. Investment Focus
2. Acquisition & Development
3. Construction
4. Sustainable Green Standards
5. Property Management
Leveraging Professional Relationships​
Our executive team and staff have established strong and long-lasting relationships with acquisition, government, debt, equity, development, and construction partners:
Lemor Development Group continues to preserve and revitalize workforce housing.
Strong Team of Professionals
Meet our Executive Team
Formed by President, Kenneth Morrison, and Director of Acquisitions, Harrison Rayford, LDG focuses on affordable and workforce housing in New York City, New Jersey and select markets throughout the country.
