PRESS | HAP

HAP lines up $53M construction loan for Washington Heights project

5th February 2019 | The Real Deal

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...

Expert Interview: Eran Polack, CEO and Co-Founder of HAP Investments

30th January 2019 | Property Shark, Uncategorised

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...

Foundation Work Continues For “HAP Eight” At 215 West 28th Street, In Midtown

8th January 2019 | New York Yimby

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...

‘Devil In The Detail’: Brokers, Developers Trying To Figure Out Opportunity Zone Benefits, Pitfalls

14th December 2018 | Bisnow

The brand-new opportunity zones are shaping up to be one of the biggest trends to impact commercial real estate next year. But the program is uncharted territory, and investors and developers are being told to tread carefully if they want to make use of the...

East Harlem Boosted by Rezoning, Tax Breaks

13th December 2018 | Bloomberg

Opportunity zone incentives seen fueling low-return projects Weak Northern Manhattan sales gain against borough’s total At the corner of Lexington Avenue and 125th Street in East Harlem, in front of a closed Pathmark grocery -– “Pat ark” is all that remains of...

East Harlem boosted by rezoning, tax breaks

13th December 2018 | Crain's New York Business

At the corner of Lexington Avenue and 125th Street in East Harlem, in front of a closed Pathmark grocery —“Pat ark” is all that remains of the name — real estate broker John McGuinness paints a vision of the near future. The Pathmark transforms to a Trader...

NYC Real Estate Investment Outlook and Opportunities For 2019 from HAP Investments CEO Eran Polack

10th December 2018 | Press Articles

As 2018 comes to an end, many real estate developers and investors are looking toward the new year and considering what challenges and opportunities are in store for the industry, and the best way to navigate the New York City metropolitan market. Will land pricing...

Thru the Lens: Lawrence of HAP Investments addresses B’nai B’rith Real Estate monthly luncheon meeting

13th November 2018 | New York Real Estate Journal

Manhattan, NY Andrea Lawrence, deputy CEO and general counsel, HAP Investments, addressed the B’nai B’rith Real Estate monthly luncheon meeting, October 10th, at the Cornell Club. Her topic was “Inside HAP Investments.” VIEW ORIGINAL...

Something New, for $1 Million

9th November 2018 | The New York Times

Brand-new condos tend to have sky-high prices, but with a little sleuthing, you can find something for closer to Manhattan’s median apartment price. For some, only new will do. With fashionable finishes, trendy technology and a cruise ship’s worth of amenities — as...

People On The Move: Andrea Lawrence, Promotion

23rd October 2018 | Crain's New York Business

HAP Investments Deputy CEO & General Counsel Classification: Corporate Mgmt – Chrmn, CEO, CFO, Owner, Pres, VP, Other Exec Andrea Lawrence has been promoted to Deputy CEO and General Counsel of HAP Investments. She will help plan, develop and manage HAP...

Inside Two of Karim Rashid’s Insane East Harlem Developments

Jun 3, 2014 | Curbed New York

Considering what the outsides of Karim Rashid's HAP 5 and HAP 6 in East Harlem are going to look like, it would be difficult for the interiors to be in any way shocking. And, in that sense, they aren't, but they're still pretty out there. An Architectural Record...

Hardy Promoted to VP at HAP Investments

Apr 10, 2014 | CoStar

New York City-based international real estate investment and development company HAP Investments LLC has promoted Ryan Hardy to vice president of design and construction. Prior to being promoted, Hardy held the position of project manager at HAP, responsible for...

HAP Investments to Buy East Harlem Site

Apr 9, 2014 | The Commercial Observer

HAP Investments is in contract to acquire a development site at 2211 Third Avenue in East Harlem for $13 million, Commercial Observer has learned. The buyer intends to develop the 17,500-square-foot site into a 120,000-square-foot mixed-use project, according to a...

HAP Investments Relocating to 3 East 54th Street

Apr 3, 2014 | The Commercial Observer

HAP Investments has signed a nine-and-a-half year lease for the entire 11,200-square-foot 15th floor of Cohen Brothers Realty Corporation’s 3 East 54th Street,Commercial Observer has learned. Asking rent for the space was in the low-$50s per square foot. The tenant, a...

How to Make Money in New York City: Part 1

Apr 1, 2014 | Bisnow

Everyone wants to invest in NYC commercial real estate (the Mets won't spend on a shortstop unless he's also an office tower). There's no sweeter time in history than now for Bisnow to host its NYC Capital Markets Summit, happening April 9 (sign up). In advance...

$400 million, 42-story tower set for Journal Square

Mar 31, 2014 | NJ.com

A New York developer is promising yet another tower for Journal Square in Jersey City, an estimated $400 million project that could contain a hotel, offices or housing units and ground-floor retail. Dubbed HAP Tower, this is the fourth major project proposed for the...

Bascom Buys 222 Units in Las Vegas

Mar 28, 2014 | Multi-Housing News

The Bascom Group picks up a Vegas apartment asset for $22.5 million; Greystone closes $59.3 million for a multifamily portfolio in Texas; and HAP Investments is in contract to buy a downtown site in Jersey City, N.J. Las Vegas—The Bascom Group has picked up Chapel...

Karim Rashid Out-Crazies Himself With New Harlem Building

Mar 27, 2014 | Curbed New York

Designer Karim Rashid is know mostly for his frighteningly colorful interiors, but he has also been unleashing some eye-popping exteriors onto New York City with the help of developer HAP Investments. HAP has tapped Rashid to design a "diamond signature" building in...

Report: N.Y. developer eyes Jersey City site for residential high-rise

Mar 27, 2014 | NJBIZ

A New York developer is making its way to Jersey City, reportedly with plans to buy a site in the city’s Journal Square section that could house a 42-story residential tower. The Wall Street Journal reported late Wednesday that HAP Investments LLC is in contract to...

Property Deal in Jersey City to Get Tax Aid

Mar 24, 2014 | Featured Articles, The Wall Street Journal

Firm Agrees to Pay $28 million for Property in Journal Square By KEIKO MORRIS March 25, 2014 10:38 p.m. ET A New York developer is in contract to buy a site in the heart of Jersey City's Journal Square, an area the city has been targeting for development with a...

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