Sunlit brownstone parlor with tall windows, marble mantel, and furnished seating

Harper

A real estate investment firm buying multifamily and mixed-use properties in Manhattan and Brooklyn for conversion to furnished luxury rentals.

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Our thesis

Traditional investing has become too expensive.

Operating costs for New York apartment buildings have risen over 30% in five years.1 Insurance has doubled. Debt is skyrocketing. The math for ownership has changed, and more of the city’s best small buildings are quietly coming to market as long-term owners come to terms with this new reality.

Harper was built for this moment. We buy at a price that works in today's market, then convert to furnished monthly rentals — maximizing rents while assets appreciate.

1. Source: NYC Rent Guidelines Board, 2026 Price Index of Operating Costs. 2021-26 increases include insurance (+100%), fuel (+63%), maintenance (+37%), and utilities (+33%). Median rents increased ~15% over the same period.

What we look for

Our target.

01Free-market multifamily and mixed use buildings.
02Strong rental demand on that exact block.
03Preference for occupied units.
04Minimal renovations or deferred maintenance.
05Flexible exit options.
New York residential building facade rising above a tree-lined blockTree-lined downtown Manhattan street with cast-iron buildings

Our approach.

Sourcing, underwriting, and operations are supported by our in-house analytics & management software.

01

Sourcing

We use a proprietary acquisitions platform to track live pricing and demand block by block, so opportunities surface before they reach the broader market. We move faster than the competition, with conviction.

02

Underwriting

We take a conservative approach to underwriting based on long-term demand and growth — with a focus on buildings that are too small for institutions to chase.

03

Operating

We've operated New York buildings ourselves, so we know what a property can earn from real experience before we bid.

Pair of New York brownstone facades with stoops and bay windows

Our story

One knew how to buy. One knew how to operate.

Arjun Garg spent six years in residential private equity at Starwood Capital and Jamestown. Tyler Tsay built Haus into one of the largest furnished housing operators in New York City.

They met at business school, in a building called The Harper, and asked a simple question: what if you combined the discipline of a large fund with a new and improved operating model?

Meet the team.

Portrait of Arjun Garg, Co-Founder of Harper

Arjun Garg

Co-Founder

Arjun spent six years in residential private equity at Starwood Capital and Jamestown, where he acquired over $4 billion of residential assets and helped asset-manage a portfolio of roughly 70,000 multifamily units. Arjun holds an MBA in Real Estate from Wharton and a BBA in Finance and Real Estate from Emory University.

Portrait of Tyler Tsay, Co-Founder of Harper

Tyler Tsay

Co-Founder

Tyler founded Haus, one of the largest mid-term furnished rental manager in New York City (~$150m in equivalent asset value), and built its platform over three years across leasing, pricing, operations, and hospitality. Before Haus, he spent four years at Boston Consulting Group. Tyler holds an MBA in Real Estate from Wharton and a BA in Political Science from Williams College.

Harper

We’re buying New York buildings.

Invest with us.

We partner with individuals, family offices, and institutional investors who want long-term New York ownership with current cash flow and operating upside.

Or email us at hello@harpercos.com

Bring us a property.

Many of the buildings we buy have been in the same family for decades. We move quickly, we’re straightforward on price, and we close. If you own or represent a free-market building in New York, we’d like to see it.