The high end is the 20 or so co ops on 5th Avenue or Park Ave (one is on East End Avenue) that require liquid assets of $100 million + to gain board approval.  

Another thing to note, these are high-paying jobs being moved to Phoenix. 

New Jersey is high.  

It is a new construction where they will not reduce the price in lieu of broker commission to keep their comps high.

If you do not report these earnings to the IRS, you can incur IRS penalties as high as $580 – for each worker ($290 for not sending it to the IRS + $290 for not sending it to the contractor)!

My husband is a high income W2 earner, and meeting active criteria would put some of our tax dollars back in our pocket.

Hopefully things continue to progress, and you come out on top with a huge equity position/high cash flow when it's all completed. 

Rents are high and demand is high. 

Some lenders even do as high as 1.3.

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.