Jason Halpern, born in 1975, is the owner and Principal of JMH Development, a New York City based real estate development company. JMH Development specializes in purchasing historic properties and updating them into luxury developments while keeping their historic character through the use of innovative adaptive reuse construction techniques. Through JMH Development, Halpern has purchased properties to upgrade in Brooklyn, Manhattan, and Miami Beach. He has invested over $500 million in properties in New York City alone.
Halpern is an expert in targeting properties to develop that are in the real estate fields of hospitality, residential, and mixed-use. He has hired a team that are at the top of their fields in construction, strategy, marketing, and branding. The way that they renovate historic properties updates the property to a modern structure while at the same time keeping its historical value alive.
One of Jason Halpern’s high profile projects was updating the historic Ankara hotel into the luxury hotel the Aloft South Beach. They upgraded the entire property while also adding a new eight story tower to it. The new hotel, just a block from Miami Beach, offers larger rooms than any competitor in the area and has opulent touches in each of the rooms. The Aloft South Beach won the 2015 Select/Limited Service Development of the Year award given out by America’s Lodging Investment Summit.
Another historic property that Jason Halpern developed is at 184 Kent in Brooklyn. The structure was a historic warehouse on the waterfront, built in 1913, that once housed the largest grocer in the country. The property is listed on the National Register of Historic Places. Through the use of adaptive reuse techniques, JMH Development turned the structure into a luxury apartment building with 340 units. The building features stunning views, a huge landscaped courtyard, and 17,000 sq ft of retail space. This project won the 2011 Building Brooklyn Award for the category of adaptive reuse.
Other properties that Halpern has in current development includes renovating the LIC Hilton Hotels in Long Island City, NY. He is also the historic 70 Henry in Brooklyn into a boutique condominium.