Manhattan, NY Hap Investments, a NY-based international real estate investment and development company, hosted a ribbon cutting ceremony for their new development, 2211 Third Ave. on November 7th. 2211 Third Ave., also known as Hap 10 and designed in collaboration with architects Fisher + Makooi, is a mixed-use rental building in East Harlem. It features 108 units, 61 parking spaces and a supermarket in the ground floor retail space. This project will allocate 20% of its rental units for affordable housing as part of NYC’s 421a program. HAP 10 is also participating in the FRESH program with a first-floor supermarket, which provides developers with incentives to bring supermarkets to underserved areas.
My colleagues and I are very proud of our long track record designing affordable housing for New Yorkers. We recently began construction on Concourse Village West, a 265-unit affordable project, part of a three-site affordable housing development in the Fleetwood – Concourse Village neighborhood of the Bronx.