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More than half a billion dollars for 49% of the Maverick project
Eran Polak and HAP INVESTMENTS present a huge sale of a real estate project in New York.
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Tuesday, October 19, 2021, 09:44 Updated: 10:01
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HAP INVESTMENTS real estate investment firm Israeli businessman Eran Polak, based in New York, has sold its stake (49%) in the MAVERICK residential project to Japanese construction giant DAIWA HOUSE Group at a value of $ 506 million.
Eran Polak, CEO of HAP INVESTMENTS: "I am very pleased that even in the face of the complex period in the local construction industry in New York throughout the Corona crisis, we have been able to realize the potential of our joint project with Daiwa House Group in the heart of the city and value HAP INVESTMENTS and investors.
I am confident. Because this deal reflects the huge demand for quality real estate in New York and looks forward to more significant deals in the near future.
I was happy to work with Daiwa House Group and help them realize the full potential of their investment. "
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To the full article
"The Maverick" in New York, $ 506 million for 49% (Photo: PR)
The Maverick, located at 215 and 225 West 28th St.
In the heart of New York, it is a mixed-use residential complex that includes two 20-story buildings each with a comprehensive range of luxury services including wellness and spa complexes.
The project covers 95.25 dunams with a mix of 87 2-5 room apartments and 112 rental housing units, with each apartment emphasizing city views and offering innovative designs with quality finishes including white oak cabinets, marble counters and a built-in Miele accessories package.
Tenants also enjoy access to an 18-meter swimming pool, a yoga room and an innovative gym with sauna and steam room.
The roof level is equipped with a grill and a pizza oven, as well as a playroom that offers tenants a comfortable social space for children and their parents alike.
With a perfect location in the Chelsea neighborhood of Manhattan, the finished building is close to all the beauty that New York City has to offer.
Eran Polak, CEO of HAP Investments, is happy about the success during the complex period that is going on in the real estate market in New York (Photo: PR)
HAP Investments is a New York-based real estate investment group that specializes in initiating residential and commercial properties. HAP works with private investors to create profitable investment opportunities with strong prospects for long-term profits. Led by Eran Polak, the HAP team includes a group of skilled businessmen including Amir Hassid and Nir Amzel , With extensive global experience in the real estate markets, property development, financing and law.
For more details, visit the website.
Eran Polak, CEO of HAP Investments, is an Israeli entrepreneur and businessman operating in New York. Eran manages the company's offices in New York, 10 HAP projects in Manhattan, and one project in New Jersey. Eran was one of the first entrepreneurs to recognize the potential of the Neve Tzedek neighborhood. In Tel Aviv and was a partner in entrepreneurship and other project management in Tel Aviv.
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