Multifamily

Typical economic indicators like employment, inflation, and investment remain favorable for the apartment sector, and, even though demand for housing remains high in many markets, permitting and completions ticked down in 2018.

The property is in a densely developed area on the employment-rich north side of Indianapolis, a demographic that presents strong opportunities for Emma Capital, says the firm's asset manager, Brian Rakowski.

The 21-story, luxury condominium with ground floor retail is scheduled to be completed in Q1 2021.

Business and political leaders have expressed deep concern that a long-lasting moratorium could have a dramatic impact on the billions of dollars in new development projects that are in the pipeline in the affected areas of the county that include the cities of Mount Vernon, Yonkers, New Rochelle and White Plains.

Garcia will serve as interim chair while the city begins the process of selecting a permanent head of the authority. As outlined in the agreement, the city, HUD and SDNY have a month to develop a list of candidates.

The Witkoff Group's founder says if you can navigate building in New York, you can build almost anywhere.