We acquire multifamily and mixed-use properties in New York for conversion to mid-term luxury rentals.
Connect with usOur thesis
The cost of operating a New York apartment building has risen 31% over the past five years. Insurance nearly doubled. Debt is expensive. Expenses are only going up. For owners who run buildings the same way they always have, cash flow is getting squeezed from both sides.1
Harper has the answer. We buy at a price that works in today’s market, then convert to furnished monthly rentals to capture up to 2x the gross rent of a traditional lease.
Buying right protects the downside. Higher rents help us realize the upside.
1. Source: NYC Rent Guidelines Board, 2026 Price Index of Operating Costs. 2021-26 increases include: insurance (+100%), fuel (+63%), maintenance (+37%), utilities (+33%), rates (+2.3% as of August 2026). Median rents have increased ~15% over the same period in comparison.
How we invest
Every property must work as a conventional investment. If it does not work as a long-term rental asset, we pass. Mid-term rental cash flow is the cherry on top.
What we look for
How we raise rents
Over the past three years, we've seen units earn up to 2x gross rents under a monthly furnished model at 90%+ or higher occupancy.
Our edge
Most buyers rely on broker emails or PDFs, rough neighborhood averages or reports, and third-party managers. Harper automatically tracks market actuals block-by-block and runs acquisitions & operations on the same data. We see more deals, move faster, and keep overhead low.
We screen hundreds of on- and off-market properties against the same standards. Ownership, sales, rents, permits, and listing history all live in one place.
We underwrite every deal to current debt, rent, and expenses with conservative adjustments. We know quickly what we can pay, and when to walk away.
Live demand data sets rent. Centralized workflows manage leasing, turns, and vendors. More of each rent dollar reaches property cash flow.
Our story
Arjun Garg spent six years in residential real estate private equity at Starwood Capital Group and Jamestown. Tyler Tsay built Haus, one of the largest operating systems for furnished monthly housing in New York City.
They met at business school in a building called The Harper and asked a simple question: what if you combined how a large fund buys with a new and improved operating model?
Co-Founder
Arjun spent six years acquiring and managing residential investments at Starwood Capital Group and Jamestown, across multifamily, single-family rental, and alternative operating models. Arjun holds an MBA in Real Estate from Wharton and a BBA in Finance and Real Estate from Emory University.
Co-Founder
Tyler leads operations and asset execution. He founded Haus and built its system for furnished monthly housing across leasing, pricing, unit turns, vendor management, and hospitality. Before Haus, he spent four years at Boston Consulting Group. Tyler holds an MBA in Real Estate from Wharton and a BA from Williams College.
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
Many of the buildings we buy have been owned by the same family for decades. We take that seriously. We want free-market multifamily and mixed-use buildings in New York. If you own one or represent one, send it our way.
