WATCH: Ron Moelis & David Schwartz talk NYCHA and affordable housing profits

Affordable housing developers spoke at TRD's 12th annual NYC Showcase

L+M Development Partners’ Ron Moelis and Slate Property Group’s David Schwartz discussed the ins and outs of the complicated affordable housing market at The Real Deal’s 12th annual New York Showcase in May.

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They expounded on how the math works, how fat the profits should be, how to navigate thorny politics and the prospect of private developers getting a piece of NYCHA’s stock.

Check out the interview, moderated by TRD‘s Jill Noonan, in its entirety above.