JMH Development is full-service real estate development company with luxury properties in Manhattan, Brooklyn and Miami Beach, enabling the principal to spend a lot of time flying back and forth between the two cities. The principal is Jason Halpern, who launched JMH. They have $500 million invested in projects in New York. JMH typically remodels historic buildings.
One of their projects was the Aloft South Beach hotel in the center of Miami Beach on Collins Street, which they topped off in September 2014. It had 235 rooms, and was scheduled to open in early 2015. JMH developed along with Madden Real Estate Ventures. They remodeled the Ankara Motel, a historic landmark, and added a eight-story tower. It was the first new hotel to open in Miami Beach since 2009 when the financial crisis hit. Also, its rooms average 360 square feet, larger than the older rooms of their competition. The architect was ADD, Inc, and Plaza Construction did the construction work.
When it’s completed, Aloft South Beach will provide guests with a roof deck lounge, an outdoor swimming pool and a fitness center open around the clock. It was also planned to have over 2,000 square feet of space for business meetings and social events. At the hotel’s WXYZ bars, Live at Aloft Hotels will feature hot local artists and popular bands.
JMH also completed a renovation project at Williamsburg, Brooklyn. That’s a major remodeling of 184 Kent Avenue, turning it into 340 luxury apartments. 184 Kent Avenue is listed in the National Historic Monument register. This project won the 2011 Building Brooklyn Award for adaptive reuse. They also worked on the Townhouses of Cobble Hill, nine luxury-level townhouses in Brooklyn’s Cobble Hill neighborhood, at 110-126 Congress Street. Four of the renovated townhouses dated back to 1850, and JHM built five of them new.
Halpern turned JMH into a pioneer in developing unique, often historic, buildings and optimizing them for luxury use as apartments or hotels. He’s committed JHM to completing such project across the country. So far, he’s stuck with buildings in New York and Miami Beach.
The Aloft South Beach hotel occupies a prime waterfront location near Lake Pancoast and Collins Canal, which goes around the hotel. It’s just one block from the beach and a few minutes from the Miami Beach Convention Center. It’s near the Bass Museum of Art, several art galleries and many boutiques, restaurants, nightclubs and other entertainment venues. Starwood Hotels & Resorts Worldwide owns the 100 Aloft Hotels in fourteen countries.
JMH’s team of real estate professional is great at executing every aspect of real estate development, including in the residential, hospitality and mixed use segments. They know and understand the local markets, and possess the on-site expertise to complete each project. Their current portfolio includes: South Beach Starwood Hotel, Three Hundred Collins, 70 Henry and 2901 Indian Creek Drive.