The top 10 biggest real estate projects coming to NYC
A mixed-use affordable housing development in the Bronx was the largest project filed with the city in May. Jorge Madruga’s Maddd Equities is planning a roughly 274,000-square-foot development at 1164 River Avenue. The 17-story building will contain 250 affordable...
Here’s what the $10M-$20M NYC investment sales market looked like last week
In the world of mid-market New York City investment sales last week, HAP Investments completed their West 28th Street assemblage with the purchase of a six-story tenement and Sugar Hill Capital Partners sold off four Brooklyn walk-ups. 1.) Eran Polack’s HAP...
HAP files plans for second building in Chelsea resi project
HAP Investments is moving ahead with plans for the second property in its two-building Chelsea residential project at 215-227 West 28th Street. Plans filed with the city’s Department of Buildings on Saturday show the 20-story apartment building, located at 225-227...
HAP scores $42M in funding for Chelsea rental-condo project
Plans for a mixed-use development in Chelsea are one step closer to reality, with HAP Investments securing $42 million in financing for its project at 215-227 West 28th Street. The $42 million in financing came from Daiwa House Texas, a subsidiary of Daiwa House...