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Hundreds of Israeli investors face total loss in $70M Manhattan real estate project

image sourced from original article at https://www.ynetnews.com/business/article/h1u20kk11ee

Investors in the Israeli HAP Seven real estate project in New York face a total loss as ownership is transferred to Madison Realty Capital due to bankruptcy. Construction halted in 2021, and attempts to secure financing failed, resulting in the property being handed over to the lender.

Original article source: https://www.ynetnews.com/business/article/h1u20kk11ee
Source Id: 2025-05-724672183

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