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Interview: Eran Polack of HAP Investments on ‘Healthy Competition’ & Emerging Markets for New Developments

Eran Polack is the CEO and Co-founder of HAP Investments, a residential and commercial real estate development firm that is building all over New York City (and the world). With projects in Harlem, Jersey City, Tribeca, and Chelsea, Polack explains the benefits of...
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Gold Coast Executives Make Their Plea To Keep Tax Incentives

Facing job growth numbers that lagged behind the national average, former Gov. Chris Christie revamped New Jersey’s tax incentive programs for development and job creation in 2013. The Grow NJ program, which gives incentives to companies either moving into or...
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HAP files plans for 41-unit condo development in Tribeca

Eran Polack’s HAP Investments filed plans Thursday for a 41-unit, 19-story condo project in Tribeca. The building will span slightly more than 77,000 square feet, split between about 74,000 square feet of residential space and 3,000 square feet of commercial space,...
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Tribeca will get a new 19-story condo

Six months after developer HAP Investments put down $46 million on a corner site in Tribeca, plans have emerged for a 19-story condo building to be designed by CetraRuddy. YIMBY first reported on the development plans, which will see the creation of 41 condos at the...
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Permits Pre-Filed, Rendering Out For CetraRuddy-Designed 65 Franklin Street, Tribeca

Permits have been pre-filed for a 19-story high-rise at 65 Franklin Street in Tribeca, Manhattan. The site is right on the corner of Franklin and Broadway, less than five blocks from the 1, 2, 6, N, Q, R, W, J, and Z trains, and seven blocks from the City Hall Park....
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Unlocking Potential in New York’s Emerging Submarkets

Eran Polack, co-founder & CEO of HAP Investments, analyzes investment opportunities in the metro. He also touches on the reasons behind Northern Manhattan’s transformation into a fast-moving real estate market.   Greater New York continues to be a...
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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...
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The most affordable neighborhoods in New York City: A 2018 buyer’s guide

It’s always a battle for affordability in New York City. As the luxury real estate market cools, buying into some of the city’s less expensive neighborhoods continues to get more and more competitive by the minute. Case in point: Neighborhoods in Queens, long...
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“Follow the Artists” to New Development Opportunities

Daren Hornig’s father gave him development advice which the younger Hornig (pictured) wishes he’d followed from the get-go. He passed along his father’s wisdom in the “Boroughs on Fire: The Development Boom Outside Manhattan” panel at the recent Connect New York...
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Apartment Builders Gearing Up To Benefit From Construction Slowdown

Residential construction in New York City has slowed significantly since 2016’s cracking pace, and multifamily developers say it is a welcome development that will help soak up supply. “I expect construction prices to fall off a cliff in 2019 and 2020. It’s a good...
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Executive Moves

Andrea Lawrence NEW HIRE Published on March 6, 2014 Andrea Lawrence, 44, joined HAP Investments LLC as General Counsel. She was formerly Real Estate Partner at LeclairRyan. Job Title General Counsel Company HAP Investments LLC Age (?) 44 Start Date March 6, 2014 Newly... read more

Harlem rental from HAP

HAP Investments LLC, a New York based international real estate investment and development company, is in contract to buy 247-249 East 117th Street. The seller is PGC New York 1 LLC. 247-249 East 117th Street is located on the north side of East 117th Street, between... read more

Avi Blum Joins HAP Investments As Controller

HAP Investments LLC, a New York based international real estate investment and development company, has announced that Avi Blum has joined the firm as Controller. “We are delighted to have Avi join the HAP team as controller,” said Eran Polack, co-founder and CEO of... read more

Eran Polack

Mr. Polack, 40, is the chief executive of HAP Investment Developers, a company with offices in New York and Tel Aviv that focuses mainly on midsize residential and commercial properties, mainly in northern Manhattan. His partners in the company are Amir Hasid and Nir... read more

Revealed: 215 West 28th Street

Further proving the cantilever craze is in full swing, new renderings have been released for 215 West 28th Street, which will feature two cantilevers. The project is being developed by HAP – PDF on the project at the link – and permits list the architect as Michael... read more