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Photo of David Levinson Levinson says his company has made a concerted effort to boost our ability to embark upon New York’s complicated projects.”

NEW YORK CITY—A new joint venture between L&L Holding Co. and J.P. Morgan Asset Management will provide the JV partners up to $4 billion in buyer power. Although the $500-million partnership spans all five boroughs and a range of asset classes, its focus will be on acquiring and redeveloping Manhattan office properties, an L&L specialty since the firm’s launch in 2000.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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