DHA Capital

Developer · 2 buildings in the catalog

At a glance

Firm: DHA Capital Founder & principal: Daniel ("Dan") Hollander (Founder & Managing Principal) Founded: 2011 (New York City) Headquarters: New York, NY (with a Texas presence added around 2020) Focus: Boutique, design-driven luxury condominium development — small-footprint, high-specification downtown Manhattan infill, with some luxury rental and mixed-use Frequent design partners: Paris Forino (interiors) and CetraRuddy (architecture), among others Portfolio scale: A boutique book of roughly seven-plus New York projects; the firm styles 75 Kenmare as its tenth New York development Signature reputation: A small, design-forward developer that has repeatedly drawn architecture-press attention for its finishes and design partners Source: The Roebling Team at Compass — verified against public records, court filings, and published reporting. July 2026.


Who DHA Capital is

DHA Capital is the firm of Daniel Hollander, who founded it in New York in 2011 after more than two decades in residential, commercial, and mixed-use development. Hollander came to DHA directly from a senior post at The Clarett Group, where he worked on luxury high-rises including Sky House and Chelsea House — a lineage that connects DHA to the design-forward, institutionally financed development tradition of the prior cycle. His career began, unusually for a luxury-condo developer, on the affordable side, at the Chicago Housing Authority.

For a buyer, DHA's defining trait is scale of ambition inverted: rather than chasing the largest sites, the firm builds small, high-design buildings — a few dozen residences each — and spends its energy on architecture, interiors, and finish. That posture shows up across the portfolio, which is concentrated in the low-rise, character-rich neighborhoods of downtown Manhattan.

A note on attribution matters here. A principal who was with DHA in its early years, Josh Schuster, left in 2016 to found a separate firm; legal matters that later attached to that founder and his post-DHA company are not DHA Capital's and not Daniel Hollander's, and should not be conflated with this developer's record.

What they build

DHA's signature is the boutique, design-driven downtown condominium — seven-to-eight-story buildings of roughly 30 to 40 residences, sited on infill parcels in the Lower East Side, NoLita, Greenwich Village, and the Flatiron/Chelsea area, and finished to a level well above their neighborhoods' older stock. The firm's most consistent collaborators have been Paris Forino on interiors and CetraRuddy on architecture, though DHA has also assembled one-off marquee teams — most visibly the Andre Kikoski architecture and Kravitz Design interiors at 75 Kenmare.

The firm has occasionally worked at larger scale and outside its core — a Hell's Kitchen rental, a New Rochelle two-tower project, and a Hudson Yards rental repositioning — but the identity that a buyer encounters is the small, high-specification downtown building, developed sometimes on its own and sometimes with a capital or joint-venture partner.

Buildings by DHA Capital

DHA projects already profiled on this site:

  • 50 Clinton Street — the 2016 Lower East Side condominium on the former WD-50 site, designed by Isaac & Stern Architects with interiors by Paris Forino; a boutique, well-finished 37-residence building
  • 75 Kenmare Street — the NoLita condominium with an Andre Kikoski cast-concrete facade and Kravitz Design (Lenny Kravitz) interiors, co-developed with AMS Acquisitions and First Atlantic Capital

Other notable DHA work (pages to follow): 12 East 13th Street, a CetraRuddy-designed Greenwich Village loft condominium; 535 West 43rd Street, a Hell's Kitchen rental developed with partners; 30 Thompson in SoHo; The Enclave in New Rochelle; and 511 Ninth Avenue (LANA), a Hudson Yards rental repositioning.

Track record and market performance

By the measure that matters most — does the design-driven product find its buyer — DHA's record is solid. Its marquee downtown project, 75 Kenmare, was underwritten to a sellout in the mid-nine figures and ultimately sold out, with the bulk of its residences absorbed within roughly a year of launch, even through a softer stretch of the luxury market. Pricing at the building ran meaningfully above the NoLita average, consistent with its design pedigree and amenity depth, though we found no verified record-setting sale to overstate.

Just as important is how the design work is received. DHA's buildings — 75 Kenmare in particular — have drawn genuine architecture- and design-press coverage rather than the routine listing notices most boutique projects get. The awards belong to the individual architects and designers, not to DHA itself, but the developer's consistent choice of high-caliber partners is exactly the signal a buyer of a design-driven condominium is looking for.

Reputation and what a buyer should know

On build quality, DHA's completed condominiums have a clean public record. Reviewing published reporting, court filings, and public records, we found no construction-defect litigation, no condo-board suit over building quality, and no verified pattern of facade, water, mechanical, or structural complaints at a DHA-developed building, and no verified construction fatality on its projects.

The only litigation that surfaced at a DHA building is an ordinary broker-commission dispute tied to the 50 Clinton site assembly — a garden-variety commercial matter, resolved in DHA's favor, and not a quality or defect issue. There is no verified foreclosure, lender suit, or mechanic's-lien pattern against the firm. A common source of confusion worth clearing: matters attached to the founder who left DHA in 2016 to build a separate company, and unrelated projects that share the "DHA" acronym or one of DHA's architects, are not this developer's record.

For a buyer, standard new-development diligence applies with no sponsor-specific red flag: read the offering plan and current financials, confirm lien and title status, review the reserve and any capital-project history, and — because these are boutique buildings with specialized elements at some addresses (a sculptural cast-concrete facade, automated parking) — confirm the maintenance history and reserve adequacy for those systems.

The Roebling Team on DHA buildings

We publish developer profiles because a buyer choosing a new-construction or recently-converted condominium is, in part, betting on the developer — its quality, its staying power, and its record when things go wrong. The Roebling Team at Compass tracks the sponsors behind Manhattan's luxury inventory building by building, and we bring that context to every new-development transaction: what the developer has built, how those buildings have held value, and what to verify before you sign.

If you're evaluating a DHA Capital building — or weighing it against another sponsor's product — a 30-minute consultation is the right starting point.

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Corey Cohen, Principal · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com


This developer profile reflects publicly available information — including NYC public records, court filings, and published reporting — and The Roebling Team's transaction experience. It is provided for research purposes and is not legal advice; nothing here alleges wrongdoing or building defects beyond what the cited public record supports. The Roebling Team at Compass does not represent DHA Capital. © 2026 The Roebling Team at Compass.