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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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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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Du Yoo Joins HAP Investments

Du Yoo Date added:December 18, 2015 Submission Type:New Hire Current employer:HAP Investments LLC Current title/position:Analyst Industry:Residential Real Estate Duties/responsibilities:underwriting, financial analysis, zoning analysis, due diligence, producing...

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Will Wang Joins HAP Investments

Will Wang Date added:December 14, 2015 Submission Type:New Hire Current employer:HAP Investments LLC Current title/position:Analyst Industry:Residential Real Estate Duties/responsibilities:responsibilities include underwriting new development and income-producing...

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New Office Tenant Lands In MPD

NEW YORK CITY—Delos has signed a lease for approximately 22,000 square feet at 860 Washington Street. The newly constructed, 114,000-square-foot Class A office and retail building was co-developed by Property Group Partners and Romanoff Equities. The tenant Delos was...

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