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Construction Reaches Halfway Mark on 215 West 28th Street in Chelsea

Construction has reached the first setback on HAP Eight at 215 West 28th Street in Chelsea. The 20-story, 210-foot-tall residential project is being designed by DXA Architects and developed by HAP Investments, and consists of two separate buildings spanning over...
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Maverick Chelsea: Hybrid rental-condo towers by HAP/DXA Studio goes vertical

Construction has moved above grade on HAP’s sizeable new Chelsea condo-rental offering at 215-229 West 28th Street. Now officially minted Maverick Chelsea (formerly known as HAP Eight) by the young investment firm, the nearly 300,000-square-foot project aims to...
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HAP’s Growth: An Interview with Andrea Lawrence, General Counsel and Deputy CEO, HAP Investments

Prior to joining HAP Investments, Andrea Lawrence was a partner at several prestigious New York law firms, where she focused her practice on commercial real estate litigation and transactions. Lawrence is a contributing author to two preeminent legal treatises on real...
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HAP Investments pitching East Harlem rental portfolio as $130M upside play

With the new rent regulations having taking effect, Eran Polack sees an opportunity to sell a mostly market-rate portfolio at a premium.His company, HAP Investments, is looking to sell four multifamily rental buildings in East Harlem for a combined price of just over...
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HAP Investments lands $55M loan for East Harlem building with rent-stabilized units

UPDATE Monday, June 24, 2019, 7:25 p.m.: Eran Polack’s HAP Investments closed on a $55 million refinancing of a rental building in East Harlem less than a week after sweeping rent regulation reform was passed by the state legislature.Asia Capital Real Estate, a...
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HAP Investments secures $94M construction loan for Tribeca condo project

HAP Investments’ first project in Tribeca is moving forward with more than $107 million in financing.The $94 million construction loan for the 41-unit condominium was provided by G4 Capital Partners, the same private lender that provided HAP with a $32 million loan...
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Washington Heights vs. Inwood: Which neighborhood is for you?

According to Duke Ellington’s 1942 signature tune, the A train was “the quickest way to Harlem,” but the jazz legend didn’t mention that the express train was also one of the best ways to get to two other equally historic Upper Manhattan neighborhoods: Washington...
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HAP lines up $53M construction loan for Washington Heights project

Eran Polack’s HAP Investments secured a $52.5 million construction loan for a mixed-use development site at 4452 Broadway in Washington Heights.Madison Realty Capital provided the financing package, which will replace existing debt and cover construction costs, the...
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Expert Interview: Eran Polack, CEO and Co-Founder of HAP Investments

For our latest Expert Interview, we had the opportunity to speak to Eran Polack, CEO and Co-Founder of HAP Investments. Eran is a well-recognized entrepreneur with a long, successful career in the real estate industry even before moving to the United States in 2011. A...
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Foundation Work Continues For “HAP Eight” At 215 West 28th Street, In Midtown

Caisson pilings and ongoing foundation work have been spotted for the site of 215 West 28th Street, on the northern edge of Chelsea. Dubbed, “HAP Eight,” the project is set to stand 20 floors and 210 feet when complete. Comprised of two adjoining buildings, the site...
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New Office Tenant Lands In MPD

NEW YORK CITY—Delos has signed a lease for approximately 22,000 square feet at 860 Washington Street. The newly constructed, 114,000-square-foot Class A office and retail building was co-developed by Property Group Partners and Romanoff Equities. The tenant Delos was...

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Owners Magazine 2015

Owners Magazine 2015

Eran Polack CEO & Co-Founder, HAP Investments What are your thoughts about the “b” word? If the market decreased 10 to 15 percent, I would expect international and domestic buyers to step in and absorb the difference, as demand for Manhattan real estate remains...

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Movers and Shakers

Movers and Shakers

Jeffrey Donnelly and Ulrike Ahrens, formerly of DTZ, joined Colliers International’s Capital Markets division, as executive director and director, respectively. The two oversaw DTZ’s real estate investment banking group, but departed after the firm’s buyout of Cushman...

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HAP Investments Appoints New Street Realty Advisors

HAP Investments Appoints New Street Realty Advisors

HAP Investments, a New York based international real estate investment and development company announced that they have selected New Street Realty Advisors to market the retail and commercial space for HAP’s Washington Heights residential and community facility...

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THIS WEEK’S NY DEAL SHEET

THIS WEEK’S NY DEAL SHEET

The Naftali Group has snagged a $104M construction loan for a 25-unit luxury condo project at 219-223 West 77th St on the UWS. Maverick Capital Partners brokered the debt. Plans for the 18-story building have been on file since last October. Naftali closed on the...

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Movers and Shakers

Movers and Shakers

Colliers International named Robert Taylor as senior managing director focused on corporate real estate services and tenant representation. He was previously a managing director at SRS Real Estate Partners. Colliers also recently hired Hubert “Reggie” Wills, formerly...

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