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

  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...
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How to Make Money in New York City: Part 1

How to Make Money in New York City: Part 1

  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...

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

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

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...

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Bascom Buys 222 Units in Las Vegas

Bascom Buys 222 Units in Las Vegas

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...

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New Developer in Town

New Developer in Town

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...

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Executive Moves

Executive Moves

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...

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