Jason Halpern is little known by his education and career history in the press even though he has an impressive stellar record of 50 years of building and managing many properties in New York. With his vision and foresight coupled with his creative development expertise, he transformed JMH Development his family business into a profitable one. In 2010 he led JMH Development acquired and developed many ground-breaking and innovative properties including buildings with momentous historic landmarks. His company successfully invested $500 million in New York state projects and turned 184 Kent warehouse into 340 luxury apartments. He has also constructed hundreds of residential properties in Westchester County, NY and New York City as well as several Class A commercial properties in Westchester County.
Under the abled leadership of Mr. Halpern, JMD Development continues to expand its investments in real estate, commercial and hotel developments across America. According to PRNewswire, Halpern announced the construction of the Aloft South Beach Resorts, a 235-room hotel slated to open early 2015 in downtown Miami Beach. The project was developed by JMH in partnerships with Madden Real Estate Ventures intended to be a topping off Motel Ankara and a new 8-storey tower. Halpern said, “Topping off the building marks a major milestone in the construction process and signals the beginning of the next phase as we progress toward the completion and opening of the Aloft South Beach.” In November 2015, JMD acquired Surfside condo building in a $55 million deal to be torn down and replaced with a modern luxury 12-storey condo tower. “We decided that there was a real need for more efficient units for second and third home buyers,” said Halpern.
In spite of his profit driven ideas, Mr. Halpern has a passion for charitable giving at his workplace. As part of JMD social responsibility, the company partnered with a global non-profit charity and donated a whopping $20,000 of every contract signed at 300 Collins residential developments to fund water projects in Ethiopia and Nepal. This philanthropic gesture brought clean and safe water to more than 650 Ethiopian and Nepalese beneficiaries.