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Posts Tagged ‘ziel feldman’

  • Ziel Feldman and 518 West 18th Street

    Ziel Feldman and 518 West 18th Street

    Ziel Feldman’s HFZ Capital Group is close to securing a $500 million loan to help with its purchase of a massive $870 million development site near the High Line.

    SL Green and JPMorgan are in talks to provide the funds, sources told Crain’s. HFZ is planning to build an “architecturally significant” condo and hotel tower on the site. [more]

    3 Comments
  • From left: Gary Barnett (top left), Ziel Feldman and the Belnord

    From left: Gary Barnett (top left), Ziel Feldman and the Belnord at 225 West 86th Street

    Ziel Feldman’s HFZ Capital Group paid $575 million for Extell Development’s the Belnord, a rental building on the Upper West Side. [more]

    4 Comments
  • Ziel Feldman (inset) and a rendering of 11 Beach Street (Credit: Williams New York)

    Ziel Feldman (inset) and a rendering of 11 Beach Street (Credit: Williams New York)

    Five months after launching sales, 50 percent of HFZ Capital Group’s 11 Beach Street in Tribeca is in contract. [more]

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  • shoreclubandzielfeldman

    Rendering of the Shore Club and Ziel Feldman

    From the South Florida website: The Shore Club in South Beach is about to undergo a major transformation, as New York-based HFZ Capital Group plans to turn the storied, oceanfront property into a five-star hotel and condominium. [more]

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  • From left: Carnegie Park Apartments and Jeff Blau

    From left: Carnegie Park Apartments and Jeff Blau

    Finding an apartment in Manhattan that costs less than $3 million might get a bit easier this year.

    Roughly 3,845 non-luxury apartments will hit the market in 2015, more than double the number available last year, according to data from Corcoran Sunshine Marketing Group. It’s the highest number of those units to come online since 2009, Bloomberg reported. [more]

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  • From left:

    From left: 301 West 53rd Street and Ziel Feldman

    It may sound like an oxymoron: affordable luxury. But lower asking prices might be the latest trend in the Manhattan condo market. [more]

    4 Comments
  • hfz-chelsea

    From left: Ziel Feldman, 518 West 18th Street and One Beacon Court

    Ziel Feldman’s HFZ Capital Group plans to build an 800,000-square-foot West Chelsea mixed-use tower in the vein of One Beacon Court. The developer is in contract to pay a whopping $800 million-plus for the block-long site at 518 West 18th Street, as The Real Deal first reported in November. [more]

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  • Clockwise from left: the former 5Pointz, the demolition of the Domino Sugar Factory, Roseland Ballroom and Mount Manresa

    Clockwise from left: the former 5Pointz, the demolition of the Domino Sugar Factory, Roseland Ballroom and Mount Manresa

    With the end of the year comes the end of many famous structures in the city. From brownstones in Park Slope to a late 19th-century office building in NoMad to the final razing of an artists’ stronghold in Long Island City, many of the city’s iconic buildings are coming down. The Real Deal rounded up some of the buildings that have met — or are about to meet — the wrecking ball to make way for new developments. [more]

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  • Rendering for HFZ's project at the site of the former Bancroft Building in NoMad

    Rendering for HFZ’s project at the site of the former Bancroft Building in NoMad (Credit: FR-EE)

    A new look is available at what could become one of NoMad’s tallest towers. [more]

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  • Top 10 development deals of 2014

    December 16, 2014 03:42PM
    From left: Ziel Feldman, Jerry Gottesman, Rob Speyer and Jeffrey Katz

    From left: Ziel Feldman, Jerry Gottesman, Rob Speyer and Jeffrey Katz

    Not all nine-figure deals are created equal. Sure, you can talk about how you closed on a development site for $100 million. You can even start bragging if you hit $250 million. But not when Ziel Feldman is in the room. [more]

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  • From left: Gary Barnett (top left), Ziel Feldman and the Belnord

    From left: Gary Barnett (top left), Ziel Feldman and the Belnord at 225 West 86th Street

    Gary Barnett’s Extell Development is in contract to sell the Belnord, a storied, block-long rental building on the Upper West Side, The Real Deal has learned. Sources said the buyer is Ziel Feldman’s HFZ Capital Group, which has made several big bets on rental product in the neighborhood. Feldman also was one of Barnett’s investors when Barnett bought the Belnord in 1994 for the bargain price of $15 million. [more]

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  • From left: Ziel Feldman, 518 West 18th Street and Darcy Stacom

    Updated 5:34, Nov. 26: Ziel Feldman’s HFZ Capital Group is in contract to buy one of the most sought-after development sites in West Chelsea, The Real Deal has learned. Feldman is buying the parcel for more than $800 million, making it one of the priciest-ever development deals in the city. [more]

    3 Comments
  • From left: HFZ's Ziel Feldman and 301 West 53rd Street

    From left: HFZ’s Ziel Feldman (Credit: STUDIO SCRIVO) and 301 West 53rd Street

    From the November issue: With fewer development sites than ever to choose from, especially in Manhattan, developers are returning to a strategy that served them well before the real estate bust: rental-to-condo conversions. Just as in previous cycles, rising land prices and a shortage of buildable land are key motivators for the increased focus on conversions amid a hot condo market. [more]

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  • HFZ's Ziel Feldman and 90 Lexington Avenue

    HFZ’s Ziel Feldman and 90 Lexington Avenue

    Ziel Feldman’s HFZ Capital Group is asking a Manhattan Supreme Court judge to award it access to 126 East 27th Street, a five-story residential building adjacent to the developer’s LexLofts site, so that it can begin construction on a new condominium conversion project at 90 Lexington Avenue.

    Lawyers for the development firm filed for the order Tuesday. The measure would enable HFZ to install required safety protections such as vibration devices and conduct a site survey at the LexLofts site ahead of an 18-month conversion of the 13-story rental building at Lexington Avenue and East 27th Street, according to court documents. [more]

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  • 11-beach

    Interior rendering of 11 Beach Street in Tribeca (Inset: Ziel Feldman)

    Developer Ziel Feldman’s HFZ Capital Group kicked off sales today for the 10-story Tribeca condo building at 11 Beach Street. [more]

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  • hfz-capital

    From left: 3-7 West 29th Street and 8-14 West 30th Street (Inset: Ziel Feldman)

    Developer Ziel Feldman’s HFZ Capital filed permits last week to tear down the first of three buildings in NoMad to make way for a proposed 350,000-square-foot mixed-use tower, according to Department of Buildings records. [more]

    3 Comments
  • 20-E-40-Feldman

    From left: Rendering of 20 West 40th Street, parking lot at site (Photo credit: Google) and Ziel Feldman

    Ziel Feldman’s HFZ Capital Group filed plans last week for a Bryant Park mixed-use project where another developer once planned to build the city’s largest green hotel. [more]

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  • Shore Club hotel

    Shore Club hotel

    From the South Florida site: An affiliate of Ziel Feldman’s HFZ Capital Group has acquired the historic Shore Club hotel in South Beach in a $175.3 million transaction, The Real Deal has learned.

    New York-based Philips South Beach filed a special warranty deed transferring ownership of the 1901 Collins Avenue property to another New York company, Shore Club Property Owner, on Monday, according to Miami-Dade County records. The county recorded the deed on Tuesday. [more]

    1 Comment
  • Feldman-Retail

    From left: Ziel Feldman, 301 West 53rd Street (Photo credit: Google) and 235 West 75th Street (PropertyShark)

    Midtown-based investment fund Madison Capital paid $130 million yesterday for two retail assets — one on the Upper West Side and another in Hell’s Kitchen — owned by Westbrook Partners, as part of a transaction that included HFZ Capital Group, sources close to the deal told The Real Deal. [more]

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  • Ziel-Feldman,-88-Lexington

    Ziel Feldman and 88 Lexington Avenue

    Bucking a Manhattan trend toward larger units, Ziel Feldman’s HFZ Capital Group has filed a proposal to convert a Nomad rental building into condominiums featuring a top floor of five studio penthouses.

    Midtown-based HFZ submitted an application with the New York State Attorney General’s office on Nov. 26 to convert the 177-unit rental building at 88 Lexington Avenue into a condo tower with the same number of units. [more]

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