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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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East Harlem Boosted by Rezoning, Tax Breaks

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...
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East Harlem boosted by rezoning, tax breaks

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

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

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...
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Something New, for $1 Million

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...
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People On The Move: Andrea Lawrence, Promotion

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...
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HAP Opens New Condo in Washington Heights

HAP Investments held a ribbon cutting ceremony to celebrate the opening of The Highbridge, a new, 39-unit condominium building at 448 West 167th Street in Washington Heights. “We are pleased to celebrate the opening of The Highbridge, one of the only new, ground-up...

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New Condo Opens In ‘Up And Coming’ Washington Heights

WASHINGTON HEIGHTS, NY — A brand-new condo development opened this month in Washington Heights, giving area residents a peek into the future as Uptown Manhattan's real estate market continues to heat up. HAP Investments cut the ribbon on its new 39-unit building "The...

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Mann Report Residential: Q&A

How long have you been in the business? I’ve been in the business since 1995, when I co-founded HAP Investments with my partners Amir Hasid and Nir Amsel. Since inception, the company has successfully acquired, designed and developed a diverse portfolio of residential...

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