Here’s what the $10M-$20M NYC investment sales market looked like last week
In the world of mid-market New York City investment sales last week, HAP Investments completed their West 28th Street assemblage with the purchase of a six-story tenement and Sugar Hill Capital Partners sold off four Brooklyn walk-ups. 1.) Eran Polack’s HAP...
HAP Investments refinances mixed-use Broadway project
Gamma Real Estate has closed on senior debt financing for HAP Investments LLC on an Upper Manhattan parcel where HAP will construct a residential and retail property. The $11.5 million loan is for a 24,117 s/f development site at 4452 Broadway in the Hudson Heights...
421-a: Affordable New York
421a is making a comeback – with a new name. Dubbed “Affordable New York,” Governor Andrew Cuomo has sent the revamped plan to the state legislature for final approval. The real estate community and labor unions have eagerly agreed. The new deal would create 2,500 new...
HAP Ten Topping Off Celebration
A look at the ceremony and celebration of HAP Ten's superstructure topping off on Friday November 4th, 2016.
Owners Magazine 2016
Eran Polack Chief Executive Officer and Co-Founder of HAP Investments What project currently under development will most transform New York City? (And why?) I don’t think there is one project that is transforming the city. Instead I see several projects continuing the...
A FRESH Approach to a Zoning Bonus
By Katie Poppe | Investor Relations associate In 2008, the City’s Economic Development Corporation and The Department of Health joined forces to assist the Department of City Planning in a study researching the need for supermarkets and the availability of fresh food...
HAP files plans for second building in Chelsea resi project
HAP Investments is moving ahead with plans for the second property in its two-building Chelsea residential project at 215-227 West 28th Street. Plans filed with the city’s Department of Buildings on Saturday show the 20-story apartment building, located at 225-227...
HAP scores $42M in funding for Chelsea rental-condo project
Plans for a mixed-use development in Chelsea are one step closer to reality, with HAP Investments securing $42 million in financing for its project at 215-227 West 28th Street. The $42 million in financing came from Daiwa House Texas, a subsidiary of Daiwa House...
Why Affordable Housing?
Many people from Europe, the Middle East and Asia invest in New York City real estate and perhaps think that all New Yorkers live in condos with views of Central Park, a doorman and a couple of guest bedrooms. In fact, that exists in only a slice of the city, the...
Welcome to HAP New York
Join us as we explore and innovate emerging neighborhoods in the New York City Metro area.