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Westchester is short roughly 21,000 homes and rental vacancy sits under two percent. The usual explanation is land, money, and demand. This week's guest, developer Nick Khamsopa, makes a different case: the real bottleneck is people, specifically the shortage of developers who can hold a municipality, a pension fund, an environmental attorney, a lender, and an architect together long enough to break ground.
Nick started with a hammer, spending five years in a union carpentry apprenticeship before moving up through contracting into financing and community development. Today he runs Hudson Housing Lifestyle in Warwick, building on brownfield sites with union labor and long-term financing designed to keep working families where they already live. We get into the unglamorous, deal-by-deal work of actually assembling a project, and why that, not land, is where Westchester's housing math breaks down.
In This Episode
(0:00) The headline housing story, and what it misses
(1:30) Why the bottleneck is developers, not land or money
(4:00) From union carpenter to community developer
(8:00) Brownfields, union labor, and financing that keeps families in place
(15:00) What it actually takes to break ground
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