Qualified Opportunity Zones
In 2017 new tax legislation included new regulation that designated Qualified Opportunity Zones (QOZ) across the United States as part of an effort to attract investment in underdeveloped areas. Recognizing the benefits to the community and investors alike, this new legislation aligned with our philosophy of combining capital for projects in municipalities most in need of it but also offering attractive equity returns for our investors if the right location and project were selected.
Our Sweet Spot is Where TOD Meets QOZ.
Recently, we have focused heavily on Port Chester, NY as the ideal municipality on the Metro North line with a highly efficient and well maintained train station, easy access to main trucking routes and its entire urban core located in a Qualified Opportunity Zone.
Where TOD meets QOZ we have assembled a healthy pipeline of Mixed-Use
development sites in Port Chester, NY.
Since inception, St Katherine has built residential properties in luxury markets. We recently established a new brand called WilliamsGreen Residential to continue with that tradition. We currently own development sites in Rye and Mamaroneck.
As the need for high quality affordable housing continues to see strong demand, St Katherine has teamed up with national developer, NRP Construction ( Home – NRP Group) to build affordable housing in Westchester and Southern Connecticut.
Creating vibrant, livable, sustainable communities. St Katherine Group believes strongly in collaboration. We believe a successful development is one where both the municipality and the investor benefit. This philosophy has enabled us to create extremely close working relationships with every municipality in which we are active.