Lennar and Related Companies Break Ground on Tuxedo Reserve, Hudson Valley's Newest Community

Tuxedo Reserve to Redefine Hudson Valley Living with New Homes, Premium Amenities, and a Mixed-Use Community Center, The Village at Tuxedo Reserve

TUXEDO, N.Y., June 3, 2025 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, and Related Companies, the most prominent privately-owned real estate firm in the United States, have broken ground on Tuxedo Reserve – a new community in New York's Hudson Valley. The expansive community will bring new single-family homes and town homes built by Lennar, alongside a brand-new town center, The Village at Tuxedo Reserve, developed by Related Companies that will serve as a vibrant hub with shopping, dining, year-round curated events, and essential conveniences for residents and the surrounding region.

Just 30 miles from Manhattan, Tuxedo Reserve is nestled between Harriman State Park and Sterling Forest with extensive trail networks and outlooks. This collaboration between Lennar and Related marks a major milestone in shaping one of the region's most significant new communities spanning 1,200 acres in the heart of the Hudson Valley.

"We're excited to expand our presence into the New York market. We're eager to bring Lennar's design expertise and industry-leading innovation to this exceptional location," said Dana Romano, Lennar's New York/New Jersey Division Manager. "It's been an honor to collaborate with the Town of Tuxedo and Related Companies to create this master-planned community, offering more than just a place to live, but a place to truly thrive. Tuxedo Reserve will be a destination that embodies a vibrant lifestyle."

"Tuxedo Reserve started with a vision over 40 years ago to transform the area by creating the first new built-from-the-ground-up village in generations inspired by small towns and hamlets across America," said Greg Gushee, Executive Vice President at Related Companies. "With our partners at Lennar, City officials and local stakeholders, we are able to make that dream a reality by creating a new neighborhood – with renowned restaurants and retail, rental apartments, year-around events, tailored programming, and more at its core – at the intersection of city living and over 70,000 acres of preserved woodlands."

Tuxedo Reserve, anchored by The Village, will offer more than just homes—it will deliver an elevated lifestyle just under an hour from New York City. Residents will enjoy premium amenities such as resort-style pools, a state-of-the-art fitness center including indoor basketball, squash and more all set against the backdrop of breathtaking mountain views and a serene, nature-rich atmosphere.

Tuxedo Reserve homes will offer Lennar's signature Everything's Included^® program, where the homebuilder's most popular features and finishes are built into the base price of the home. Sales for single-family homes and town homes will begin in 2025. Leasing for The Village at Tuxedo Reserve rental units to launch in 2026.

For more information on Tuxedo Reserve, visit the community website or call (609) 728-2270. For more information on The Village at Tuxedo Reserve, visit VillageatTuxedoReserve.com.

About Lennar Corporation
Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LEN^X drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.

About Related Companies
Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States. Formed over 50 years ago, Related is one of the largest private owners and preservationists of affordable housing in the U.S. and a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisition, management, finance, marketing, and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, Washington, D.C., Abu Dhabi and London, and boasts a team of approximately 4,000 professionals. With over $70 billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan's West Side, The Grand LA and Related Santa Clara in California and The 78 in Chicago. Related was named to Fast Company Magazine's list of the 50 Most Innovative Companies in the World. For more information about Related, please visit www.related.com.

Press Contacts:

Lennar Corporation
Danielle Tocco, Vice President Communications
[email protected]
Direct Line: 949.789.1633

Related Companies
Natalie Ravitz
[email protected]
212-801-1000

SOURCE Lennar Corporation