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320 Ocean Parkway

Brooklyn, NY

These 3 prime residential multi family buildings of approx 200 units, are uniquely located along the Ocean Parkway Flatbush area of Brooklyn NY. These primely located buildings have been family managed, cash flowing positively for decades in the JFP holding company. In 2016 a major value add project will be implemented, with major renovations of all common area's as well as facade & lobby upgrades, that will re-position the brooklyn portfolio as prime trophy assets.

420 Avenue F

Brooklyn, NY

These 3 prime residential multi family buildings of approx 200 units, are uniquely located along the Ocean Parkway Flatbush area of Brooklyn NY. These primely located buildings have been family managed, cash flowing positively for decades in the JFP holding company. In 2016 a major value add project will be implemented, with major renovations of all common area's as well as facade & lobby upgrades, that will re-position the brooklyn portfolio as prime trophy assets.

2302 85th Street

Brooklyn, NY

These 3 prime residential multi family buildings of approx 200 units, are uniquely located along the Ocean Parkway Flatbush area of Brooklyn NY. These primely located buildings have been family managed, cash flowing positively for decades in the JFP holding company. In 2016 a major value add project will be implemented, with major renovations of all common area's as well as facade & lobby upgrades, that will re-position the brooklyn portfolio as prime trophy assets.

The Paris

752 West End Avenue, New York City, 10025

theparisnewyork.com

In 2010, The Harch Group initiated the acquisition of 752 West End Avenue, “The Paris”, from Westbrook Partners for $73 million on a short term vision with a quick turnaround of sell-off to a joint venture with a few prominent real estate families. Completely repositioning the assets with major upgrades to the exterior, interiors, and the facade of the approximately 200 units, The Paris is now considered one of the elite residential pre-war buildings of the eminent Upper West Side neighborhood of Manhattan.

Jasper

114 East 32nd Street, New York City 10016

Award-winning architect Ismael Leyva designed this 21-story boutique residential property in the pristine Murray Hill section of Manhattan with 80 luxury condominiums (5 of which are penthouses) and an array of exquisite amenity spaces. The renovated building will contain a pool, gym, and fully staffed lobby. Sensual touches, including fireplaces in the lobby and pool lounge area are complimented with exotic stone and wood finishes. The residential floor plans have a loft-like sensibility, featuring 12 foot ceilings. In 2007, construction began on the boutique residential property, the Jasper. The Harch Group had 60% of the units sold at $1,400 per square foot by mid-2008. With market conditions declining in New York City, the project stalled after 2 years of construction liens and litigation. In 2011, The Harch Group came to terms with an agreement with its original lender to settle all litigation and liens on the property for a repositioning of the asset moving forward.

840 Bergen

840 Bergen Street, Brooklyn, NY 11217

In 2008, the 68 unit condo project broke ground when the existing market conditions became distressed. The Harch Group was integral in the acquisition of the debt from Capital One. Whereupon, The Harch Group repositioned the condominium project to a rental in the second quarter of 2011. With the final completion of the project in place, 840 Bergen is currently a desirable rental location in one of Brooklyn’s prime neighborhoods.