Jason Halpern ranks among the East Coast’s most successful developers of real estate. He runs a highly respected firm known as JMH Development. Halpern’s life began when he was born in 1975. His father Joel worked as a developer and operated Halpern Enterprises. The company maintained headquarters in Westchester. Joel’s career and recreational activities had a major influence on his son. Jason started working at the family business during the 1990s.
Some time after another firm bought Halpern Enterprises in 1996, Jason founded JMH Development. One of his first projects involved an old warehouse in Brooklyn. He bought the facility and instructed workers to convert its storage space into high-end rental housing. The warehouse became a luxurious 340-unit apartment complex called 184 Kent. This vast property also contains several retail businesses. It won a Building Brooklyn Award because JMH had successfully repurposed an aging structure.
Halpern’s company hasn’t confined its business activities to the New York area. It bought a historic Miami Beach lodging establishment in 2006. Jason hoped to expand and fully renovate the building. When a lengthy recession unfolded two years later, he chose to suspend the project. This wise decision made it possible to complete the work in 2014 and open the new Aloft South Beach hotel under more favorable economic conditions. It features a fitness center, meeting area and swimming pool.
Jason Halpern knows that businesses often attain greater success through specialization. Although JMH purchases structures of many different sizes, the firm concentrates on luxurious properties in neighborhoods with historic buildings. The projects involve venerable establishments like the Brooklyn Heights Cinema and Motel Ankara. He understands the importance of respecting each community’s history. The real estate developer also recognizes the need to prepare for economic downturns. Many property owners run into financial difficulties when they only plan for a future of nonstop growth.
Halpern doesn’t spend every day in the office. He enjoys scuba diving and watching football with his son. Rather than view the games on TV, he travels to distant stadiums in various parts of the United States. The JMH founder has participated in car races from time to time. His father liked to race cars and speedboats. The younger Halpern also embarks on trips to foreign countries, such as Mexico, Zimbabwe and Costa Rica. Non-work activities help to boost his business acumen and productivity.
Jason shares the company’s wealth through various philanthropic efforts. He recently started working to help people gain access to pure drinking water. When clients buy condo units at a Miami development known as Three Hundred Collins, JMH gives $20,000 to an organization called Charity: Water. It uses this funding to assist people in Nepal and Ethiopia. Clean water helps them lead more enjoyable lives and avoid the illnesses associated with water-borne bacteria.
The JMH founder also donates considerable amounts of money to an emergency health facility named after his father. Westchester Medical Center’s Joel Halpern Trauma Center frequently serves New Yorkers with particularly serious injuries. Its sophisticated equipment and experienced doctors treat patients who have suffered internal organ damage and severe burns. The facility helps individuals in need of heart or brain surgery as well. Halpern’s contributions make it possible for more people to obtain top-notch health care.
Jason continues to work on various commercial and residential developments in Miami, Brooklyn and Queens. His firm plans to finish constructing a new Long Island hotel in 2017 and open it during the following year. It will offer 289 rooms, an underground parking facility and abundant retail space. Halpern regularly boards flights to Florida and New York to oversee projects. He hopes to achieve lasting success while engaging in work that genuinely improves the lives of building residents, guests and employees.