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Transactions - DECEMBER 19, 2023

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Lennar acquires 1,273 homesites in New York master-planned community

by RELEASED

Lennar announced the acquisition of nine neighborhoods totaling 1,273 homesites in the Tuxedo Reserve (formerly known as Tuxedo Farms) master-planned community located in Tuxedo, N.Y., from Related Companies. With expertise across the homebuying spectrum, Lennar will offer a variety of townhomes, stacked townhomes, single-family and active adult neighborhoods.

Situated in New York's southern Orange County, Tuxedo Reserve will offer the winning combination of convenient commutable access to New York City and northern New Jersey while embodying a small-town feel. Home shoppers will have an opportunity to own a brand-new home in a master-planned community complemented by amenities including hiking and biking trails, sports courts and a clubhouse.

With a grand opening planned for the second half of 2024, Lennar will offer all-new home designs that feature large-scale open living spaces and design details suited for the way people live, work and play today.

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