PRESS | HAP

HAP Investments secures $94M construction loan for Tribeca condo project

24th May 2019 | The Real Deal

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...

Washington Heights vs. Inwood: Which neighborhood is for you?

11th March 2019 | BrickUnderground

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...

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...

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...

HAP Investments Appoints Julide Oztap Sales and Marketing Manager

Mar 18, 2014 | Multi-Housing News

HAP Investments LLC, a New York based international real estate investment and development company, announced it has appointed Julide Oztap as sales and marketing manager. New York—HAP Investments LLC, a New York based international real estate investment and...

New Developer in Town

Mar 17, 2014 | Bisnow, Featured Articles

Eran Polack has access to Israeli, Italian, and French wallets and plans to build 500 to 800 ground-up multifamily units a year. We snapped HAP Investments CEO Eran Polack (his partners areAmir Hasid and Nir Amsel) at his firm's office across from the Empire State...

Executive Moves

Mar 6, 2014 | Crain's New York Business

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...

The Stoler Report: Residential Development in New York City

Feb 14, 2014 | The Stoler Report

Michael Stoler and guests describe residential development today in terms of activity in 2006/2007. The residential market in Brooklyn and Queens is very strong though it's "tough to make deals." Coney Island and Rockaway - wonderful waterfront property - are slow to...

Harlem rental from HAP

Feb 11, 2014 | Real Estate Weekly

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...

HAP Investments in Contract for East Harlem Site

Jan 28, 2014 | The Commercial Observer

HAP Investments is in contract to acquire 247-249 East 117th Street in East Harlem from PGC New York 1 LLC, The Commercial Observer has learned. The acquisition price is $3.2 million, according to a source familiar with the transaction. “We are excited to have...

HAP Investments buys another East Harlem site, plans rentals

Jan 21, 2014 | BuzzBuzzHome

HAP Investments, the developer behind the wild-and-free Karim Rashid building in East Harlem, is in contract to acquire another site in the neighborhood. The firm paid $3.2 million for 247-249 East 117th Street, located between Second and Third avenues, the New York...

Avi Blum Joins HAP Investments As Controller

Jan 14, 2014 | citybizlist

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...

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