Winston Hatta

Mr. Hatta co-founded REcap Partners in 1999.  He has been a key member with a private group in the acquisition of over $20M in high-end condominium and residential investments in the New York Tri-state area.  At Recap, the focus is repositioning undervalued assets for maximum re-capitalization.

Prior to REcap, Mr. Hatta worked at JP Morgan Chase Private Bank (formerly Chase Manhattan Private Bank) as an assistant Controller.  At Chase (1994-1996), he re-engineered and was responsible for the database reporting system of private banking world-wide.  Additionally, he structured financial models for forecasting, and budgeting operations 


utilized by executive reviews.  While pursuing his MBA, Mr. Hatta interned at American Express Corporate Services (1997), where he researched the impact of credit card losses on profitability, which led to the revision of Card Pricing Policy and future contracts.  

Mr. Hatta received a B.S. and B.S.B.A. from Washington University for Japanese Studies and Business Administration, a MBA from New York University with a focus on Finance and Operations Management,  a M.S. from Columbia University for Real Estate Development, a Diploma in Construction Management from NYU, and a M.S. in Construction Management from NYU.  

 
 

Selected Project Experience:

  • Millennium Tower Penthouses, New York: Acquired, and repositioned 3 units at approx $5M and disposed for $10.8M.  Leveraged capital appreciation to purchase 4 more additional penthouse units which were sold for $15MM in 2007.
  • Alpine, New Jersey: $2.5M acquisition and reposition.  Currently under contract for $9.0M
  • Columbus Ave, New York, Multi-family: $1.4M acquisition and reposition.  Sold for $2.8M.
  • Perry St Townhouse, New York:  $3.3M acquisition and reposition.  Current valuation of $10M.
  • Carmine Street, New York, Development: Mixed-use multi-family under development.  Approx $7M project. 
 
 
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jesse keyes

Mr. Keyes founded REcappartners in 1999 as an urban development enterprise. He has guided over $20M in condominium and residential investments in Manhattan with a focus on multi-unit residential purchases and repositioning in redeveloping Manhattan neighborhoods. As a consultant he has sourced capital for a large-scale ($50M) indoor snow ski-dome in Indonesia, and advised several governmental entities in charge of developing affordable housing complexes (in the United States and Mexico). In Galveston, TX, he has bought decrepit properties that local financiers reviled, to revive a crime and drug-ridden seaside neighborhood with youth-oriented condos. He is now building, in Greenwich Village, a uniquely designed and laid out luxury condo: the only condo triangle ever in NYC (oneseventh.com). He has a Brooklyn artist-loft development in the pipeline with renowned architect, Enrique Norten. Under development on the Bowery in Manhattan, he has a multi-use hotel/condo/restaurant/gallery with partners Enrique Norten and the Habita hotel group of Mexico.

Mr. Keyes has spent his adult life cultivating an understanding and taste for the spaces where people dwell, work and relax: developing affordable housing for union workers in Mexico City on behalf of the planning department (1994); holding 2 exhibits of his architectural photography work in Barcelona (1996); redesigning the interior of 3 Manhattan apartments


and REcappartners' office space (1995-2004); consulting friends and family on interior development of spatially challenged apartments, including color schemes, lighting, and furniture layout; being a founding investing partner of one of NYC's most talked about restaurants: La Esquina. He also was a founding investor of the over-the-top new lounge, the Goldbar.

Mr. Keyes received a B.A. from Princeton University (Woodrow Wilson School of Public and International Affairs), an M.A. from the Polytechnical University of Catalonia in Barcelona (Architecture), an M.S. from Columbia University (Real Estate Development), and is currently a Doctoral Candidate at Rutgers University (Bloustein School of Urban Planning and Policy Development). He has written several published articles (Journal of American Planning Association, Encyclopedia of Work, Quaderns) with an emphasis on affordable housing policy and land use in the United States and Latin America. He has won several prestigious fellowships including a Fulbright (1996) to research housing policy in Spain, a Kinne (1999) to research residential design in the Dominican Republic, and was recognized as an Urban Land Institute fellow (2003) to write his dissertation on residential outcomes and community development for immigrants in global cities. He developed and taught the 'Urban Studies' course for undergraduates at Rutgers University over a period of 3 years.

 
 

Selected Project Experience:

  • Columbus Ave, New York, Multi-family: $1.4M acquisition and reposition.  Sold for $2.8M.
  • Perry St Townhouse, New York:  $3.3M acquisition and reposition.  Current valuation of $10M.
  • One Seventh Ave South, New York, Development: Mixed-use multi-family under development.  Approx. $10M project.
  • 180 – 182 Bowery, Development:  Mixed-use hotel/condo under development. Approx. $50M project.