Sandy Loewentheil was born and raised in New Rochelle, NY. Sandy obtained a B.A. at Washington University in St. Louis in 1976.
Following an initial five-year period building luxury homes and condominiums in the suburban New York area, Sandy has been constructing and developing affordable housing in the New York City metropolitan area for over twenty years.
As a principal in L&M Development Partners Inc., a development entity, and it's construction arm, L&M Builders LLC, Sandy has built and developed over $600,000,000 worth of residential apartment units to date totaling some 6,000 apartment units. Approximately one half of these units are currently owned and operated by L&M. L&M also acts as a consultant to others in the real estate industry in the areas of financing, development and construction.
Typical L&M developments include government subsidy dollars and creative financing packages. Not-for-profit development partners are often part of the development mix. Projects run the gamut from rentals to sales, from new construction to renovations and from low rise to mid rise construction. In 1999, Sandy and his partner were honored by the Associated Builders and Owners of Greater New York, Inc. (ABO) as Developer of the Year.
Sandy is currently working with the Jackie Robinson Foundation, local high schools and Washington University to set up a series of college scholarships to help enable needy minority students from urban areas to attend Washington University as well other schools of their choice. Sandy is currently serving as a member of the Washington University Arts and Sciences National Council.
Sandy resides in Purchase, NY with his wife, Karen, and their three children. His interests include golf, swimming and scuba diving.