HAP files plans for 41-unit condo development in Tribeca
Eran Polack’s HAP Investments filed plans Thursday for a 41-unit, 19-story condo project in Tribeca. The building will span slightly more than 77,000 square feet, split between about 74,000 square feet of residential space and 3,000 square feet of commercial space,...
Tribeca will get a new 19-story condo
Six months after developer HAP Investments put down $46 million on a corner site in Tribeca, plans have emerged for a 19-story condo building to be designed by CetraRuddy. YIMBY first reported on the development plans, which will see the creation of 41 condos at the...
Permits Pre-Filed, Rendering Out For CetraRuddy-Designed 65 Franklin Street, Tribeca
Permits have been pre-filed for a 19-story high-rise at 65 Franklin Street in Tribeca, Manhattan. The site is right on the corner of Franklin and Broadway, less than five blocks from the 1, 2, 6, N, Q, R, W, J, and Z trains, and seven blocks from the City Hall Park....
Unlocking Potential in New York’s Emerging Submarkets
Eran Polack, co-founder & CEO of HAP Investments, analyzes investment opportunities in the metro. He also touches on the reasons behind Northern Manhattan's transformation into a fast-moving real estate market. Greater New York continues to be a worldwide...
The top 10 biggest real estate projects coming to NYC
A mixed-use affordable housing development in the Bronx was the largest project filed with the city in May. Jorge Madruga’s Maddd Equities is planning a roughly 274,000-square-foot development at 1164 River Avenue. The 17-story building will contain 250 affordable...
The most affordable neighborhoods in New York City: A 2018 buyer’s guide
It’s always a battle for affordability in New York City. As the luxury real estate market cools, buying into some of the city’s less expensive neighborhoods continues to get more and more competitive by the minute. To help cash-strapped buyers—as well as smart...
“Follow the Artists” to New Development Opportunities
Daren Hornig’s father gave him development advice which the younger Hornig (pictured) wishes he’d followed from the get-go. He passed along his father’s wisdom in the “Boroughs on Fire: The Development Boom Outside Manhattan” panel at the recent Connect New York...
Apartment Builders Gearing Up To Benefit From Construction Slowdown
Residential construction in New York City has slowed significantly since 2016’s cracking pace, and multifamily developers say it is a welcome development that will help soak up supply. “I expect construction prices to fall off a cliff in 2019 and 2020. It’s a good...
Q&A with HAP Investments’ Eran Polack: Finding a Successful Niche in NYC
As the experts onstage for “Boroughs on Fire” at Connect New York on April 17 will attest, a great deal of the development action these days can be found outside the Manhattan core. Yet HAP Investments’ Eran Polack, who will be among those experts, has long sought...
MIPIM: US Experts Tell World America Is Loaded With Opportunities, So Act Fast
Those that attended Commercial Observer’s panel on United States real estate investing today—the second day of the annual MIPIM (or Marché International des Professionnels d’Immobilier) property conference in Cannes, France—were told there are ample deals to be made...