Categories

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More
Who gets a say in community development?

Who gets a say in community development?

Construction isn’t necessarily top of the list when it comes to getting neighborhoods worked up. But a projected building design in East Harlem is causing quite a stir in New York and beyond. In the past few weeks, developer HAP Investments has received a good deal of...

read more
New players get in the NYC development game

New players get in the NYC development game

New York City’s strong residential market has prompted a slew of new players to join the development fray here. While the majority of the 6,000 new development units set to come online in 2015 are being built by household names such as Extell Development, Related...

read more
Quieter Hues Follow Outcry Over East Harlem Building

What color would you choose?

Eran Polack, Co-Founder and CEO of HAP Investments LLC, a New York based international real estate investment and development company, announced HAP Investments will conduct a community poll to determine preference for the façade colors of its HAP 5 development,...

read more