Lend Lease Takes 12K SF in Midtown for Specific Project
Lend Lease, a provider of construction services, has signed a five-year lease for 12,000 square feet of additional space in Midtown, Commercial Observer has learned. Come December, the firm will occupy the majority of the third floor at 3 East 54th Street. The...
WHO’S NEWS: CBRE promotes Ken Meyerson; Economist Kevin Thorpe gets national nod
CBRE Group, Inc. announced that Ken Meyerson, of CBRE’s Consulting Group, has been promoted to vice chairman. A 20-year industry veteran, Meyerson has been involved in more than 12 million square feet of transactions. His professional experience includes expertise in...
City’s Most Active Landlords Talk Shop in Third Owners Magazine
Eran Polack CEO, HAP Investments Presented by AT&T What’s your real estate prediction for 2015? I think the market will continue to remain strong. Where in New York is there still untapped potential for real estate development? Harlem and Washington Heights. What...
Residents choose new colors for HAP’s East Harlem project
The people have spoken: no to turquoise and green, yes to white and magenta. Local residents voted on the color scheme of the exterior of HAP Investments LLC’s residential development at 329 Pleasant Avenue. Karim Rashid, an Egyptian-born designer known for his use of...
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...
Karim Rashid’s East Harlem HAP Building Gets a New Color Scheme After Much Opposition
After much outcry, the Karim Rashid-designed residential building at 329 Pleasant Avenue in Harlem will be getting a new color scheme. According to the WSJ, locals have voted to scrap HAP Five‘s color-blocked magenta and turquoise design for a facade of simple white...
Quieter Hues Follow Outcry Over East Harlem Building
Majority of Neighbors Vote for White Balconies Trimmed in Magenta By JOSH BARBANEL Oct. 6, 2014 10:02 p.m. ET A lot of people in East Harlem, a tough neighborhood undergoing gentrification, said no to green and turquoise balconies planned for a new apartment building....
What Color is Your Balcony? Developers Give East Harlem Neighbors a Vote
By Rubi Barragan More than 30 neighbors showed up at a temporary polling place at 329 Pleasant Ave. in East Harlem yesterday to vote on five proposed color schemes for a controversial new eight-story apartment building. Developed by HAP Investments, it’s being built...
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...
Lone hold-out puts kink in HAP’s West 187th Street plans
HAP Investment Developers’ plans for a lilac-hued rental building on West 187th Street have hit a snag. First announced in November 2013, the Karim Rashid-designed building was to have 100 units at 653-667 West 187th Street. But HAP was missing a key piece of the...