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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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Harlem rental from HAP

Harlem rental from HAP

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...

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Avi Blum Joins HAP Investments As Controller

Avi Blum Joins HAP Investments As Controller

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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Eran Polack

Eran Polack

Mr. Polack, 40, is the chief executive of HAP Investment Developers, a company with offices in New York and Tel Aviv that focuses mainly on midsize residential and commercial properties, mainly in northern Manhattan. His partners in the company are Amir Hasid and Nir...

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Revealed: 215 West 28th Street

Revealed: 215 West 28th Street

Further proving the cantilever craze is in full swing, new renderings have been released for 215 West 28th Street, which will feature two cantilevers. The project is being developed by HAP – PDF on the project at the link – and permits list the architect as Michael...

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HAP unveils new plans for Washington Heights site

HAP unveils new plans for Washington Heights site

HAP Investment Developers has revealed plans to construct a seven-story apartment complex at 4452 and 4454 Broadway in Washington Heights. The move comes just two months after HAP derailed the plans of rival developer Quadriad, who had planned a three-building...

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