Eran Polack Identifies Key New Residential Development Drivers of 2021

1/19/21

Eran Polack, CEO-NY & Co-Founder of HAP Investments, a leading New York-based real estate investment and development company, identified the key new development drivers of 2021.

Drawing from years of proven industry experience developing properties throughout the world, Eran Polack offers the following perspective:

Comfort and safety

“While swimming pools, gyms, and other common spaces remain desirable, people are increasingly looking for amenities that provide them with comfort and safety. These include services that offer a “hands-free” experience, such as automated parking and touchless elevators. Roof decks, balconies, and other outdoor areas in residential buildings are also in high demand, especially in cities where people are craving more open space for activities such as exercise, cooking, or just relaxing.”

The air we breathe

“Air quality in buildings has become a major concern for both renters and buyers, spurred by fears over COVID-19 and other airborne illnesses. Developers are addressing this issue by installing more advanced HVAC systems to ensure proper air circulation and filtration within buildings. Filters rated MERV 13 or higher are recommended, with HEPA filters providing an enhanced level of safety and peace of mind for residents.”

Automation is key

“Automated building services that can remotely monitor visitors, vehicles, deliveries, and other everyday tasks are increasingly being adopted for new residential buildings. These platforms can also help improve tenant communication, report maintenance issues, and adapt to changing environmental circumstances such as reduced air quality and rapid temperature changes.”

Keeping it green

“A growing trend well before COVID-19, green buildings are in even greater demand today. Not only do sustainable construction methods and materials help the planet, but they also give residents the peace of mind that they are living in a healthy environment.”

As CEO and Co-Founder of HAP Investments, Eran Polack oversees a diverse portfolio of residential and commercial real estate that is renowned for its location, proximity to mass transit, and innovative construction and design. Mr. Polack is an established entrepreneur with a long history of successful real estate ventures in Eastern Europe, Israel, and the United States. His strengths include the early identification of emerging regions and the development of projects tailored for those markets.

ABOUT HAP INVESTMENTS

HAP Investments is a New York City based real estate investment group that specializes in the development of residential and commercial properties. HAP works with private investors to create profitable investment opportunities that have a strong prospect for long term upside profits. Formed by longtime Partners and entrepreneurs Eran Polack, Amir Hasid and Nir Amsel, the HAP team brings together a skilled group of businesspeople with broad experience in the global real estate markets, property development, real estate finance and law. For more information, visit www.hap-ny.com.

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