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In 2012, the company teamed with Related Companies and CIM to take control of One Madison Park, a 600-foot-tall, 53-unit condo project in the Flatiron District. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Watch: Developer Patrick Carroll "spits" on restaurant manager, Mitsubishi UFJ to sell SF office building at expected 80% discount, BH scores approval for North Miami Beach apartment tower, Storage Wars: HFZ Capital battles to save tenants stuff from auction, Judge rules against Nir Meir in HFZs $19M default case. During the upheaval at the firm, Feldmans former business partner, Nir Meir, abruptly departed the firm, and one of HFZs lenders was seeking to oust Meir from his Hamptons home. New Properties Partnership Bets Big On Legacy Manufacturing Sites - Forbes HFZ Capital Group Chairman and Founder Ziel Feldman shares his secret to maintaining a healthy work/life balance. He attended Queens College. Anybody whos in the middle of developing something particularly condominiums, which is a timing business in the best of circumstances is just caught in that, he said. Attorney General Receives HFZ Complaint - The Real Deal New York An entity tied to Monroe sued in December, alleging it held title to the property but Meir was blocking it from taking possession. Fanatics mogul Michael Rubin is the mystery buyer of a $50 million Bridgehampton mansion previously owned by HFZ Capital Group founder Ziel Feldman, Page Six can exclusively reveal. The complaint alleges that Feldman offered the units to investors in projects before filing his offering plan with the AGs office, a source familiar with the matter told The Real Deal. HFZ Capital Group Chairman and Founder Ziel Feldman sat down with EisnerAmper Real Estate Services Group Partner Lisa Knee to discuss the origins of HFZ, one of the most prolific condominium developers in New York City. Hes a smart guy.. Starwood Property Trust is suing Ziel Feldman's HFZ Capital Group for $157 million. And then theres Donald Trump. In 2018, HFZ Capital Group partnered with Reich Brothers to form HFZ-Reich, astrategic venture to build aportfolio of industrial properties located throughout the US. An HFZ project is never just astructure. I was one of the only ones buying in 2009 when nobody else was buying and they were hunkering under their pillows wondering when the world was going to end, he said, referring to an acquisition spree in the thick of the Great Recession. Update: This story was updated to include more details on the Southhampton property, and the judges ruling on HFZs request for an order of attachment tied to the propertys sale. The legal troubles continue for HFZ Capital Groups Ziel Feldman and its former principal Nir Meir: Another lender has sued the developer and his one time colleague, accusing the pair of fraud and breach of contract. Meir has been described as aggressive even by New York developer standards. View Ziel Feldman's profile on LinkedIn, the world's largest professional community. Ziel Feldman Real Estate Development HFZ Capital Group Interview Part 6