New York, NY According to Adrienne Hepler and Allison Robin, they have founded their new firm, Envoie Projects LLC. Hepler and Robin will build on their shared experience at Levien & Co. to create a new women-led owner’s representative firm. Envoie Projects provides project management services for property owners and organizations who are embarking on major capital projects ranging from conditions assessments, new construction, renovations, expansions and historic restorations. The firm is committed to clients and projects that serve and improve the communities in which they live.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,