Jason Halpern is a luxury property developer who lives in New York City. His firm, JMH Development, has a specialty in renovating historic buildings into new uses, such as when they took a building that had been a warehouse in Brooklyn and made it into a luxury apartment building. They do this through a process which is called adaptive reuse, where you take a property that was built for one purpose and change it into a purpose that fits in better today, all while retaining the overall character of the building so its historical importance isn’t lost.
Jason Halper and his team at JMH Development have created buildings that are used as both a rental property and as a commercial business, such as hotels. He has over $500 million invested in various properties around the city of New York, plus more invested in buildings in Miami, Florida. His firm is involved in all stages of restoring historic properties. They engage in site selection, the new design, the construction itself, and then branding and marketing the finished product.
One of Jason Halpern’s recent projects was renovating the Motel Ankara on Miami Beach, a historic hotel. In addition to renovating the existing structure, his team added a new eight-story tower as well. The topping of the hotel occurred in the later half of 2014 which was an important milestone in the project. Once the construction was complete the new hotel was named Aloft South Beach and quickly became a popular hotel given its luxury and proximity to the beach.
Another Miami real estate project that JMH Development completed recently was Three Hundred Collins Miami Beach. Built in one of the areas most desirable neighborhoods, this is a boutique condominium structure with high-end construction throughout it which were designed by the acclaimed designer Thomas Juul-Hansen. It’s surrounded by some of the best restaurants on the beach as well as luxury retail stores.
In New York, Jason Halpern is developing Hilton Hampton Inn hotel. It will be on Manhattan Island and have more than 18,000 square feet of retail on street level. It’s expected to open in early 2018.