NEW YORK CITY-Taconic's 33-story property is an attractive buy for Somerset because of the location, potential rents and timeless architecture.

Can it be said of you: 'You'll pay for your performance'?

WYLIE, TX-The partners expect to go vertical in November on Broadstone Wylie, the first new complex in five years in the city. The project cost exceeds $20 million.

Executives who have built both say developers face multiple challenges when taking on these types of projects.