Ockham co-founder Mark Todd at the developer’s Greenhouse building. (Image: Michael Craig)Veteran Auckland apartment developer Ockham has been forced to lay off 10 of its 27 staff due to the lengthy market slump.Ockham is the developer of 20 apartment complexes around Auckland.The projects are known for their attractive facades, such as the yellow Kōanga in Waterview, The Greenhouse in Ponsonby, and Aroha in Avondale.Co-founder Mark Todd has been an outspoken advocate for density done well, but said the apartment market had been tough for some time.“The pre-sales market [has been] effectively non-existent for close to four yea...

Source: New Zealand Herald March 26, 2026 04:03 UTC