The Real Deal New York

Posts Tagged ‘ziel feldman’

  • 518 West 18th Street

    From left: Ziel Feldman, 518 West 18th Street in Chelsea and Bjarke Ingels

    Ziel Feldman isn’t looking to push the envelope in terms of pricing at his Bjarke Ingels-designed High Line condominium project. Condos will start at less than $4 million and the development could have as many as 300 apartments. [more]

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  • From left: Hiten Samtani and Ziel Feldman

    From left: Hiten Samtani and Ziel Feldman

    In an interview during The Real Deal New Development Showcase & Forum, Ziel Feldman, founder and CEO of HFZ Capital Group, discussed his High Line megaproject, the concept of “affordable luxury” and the lack of opportunities on Billionaires’ Row. See the full video after the jump.

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  • From left: Nikki Field, Joe Moinian and Ziel Feldman

    From left: Nikki Field, Joe Moinian and Ziel Feldman

    Over 3,500 real estate players descended on The Real Deal’s New Development Showcase & Forum Tuesday to trade ideas about the most important issues facing the industry and soak up wisdom from big-name panelists on foreign investment in New York City, the future of crowdfunding and the luxury market. [more]

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  • HFZ closes on $1B High Line deal

    May 07, 2015 03:29PM
    From left: HFZ's Ziel Feldman, 518 West 18th Street , and Carlton's Howard Michaels

    From left: HFZ’s Ziel Feldman, 518 West 18th Street , and Carlton’s Howard Michaels

    UPDATED, May 7, 5:16 p.m.: Ziel Feldman’s HFZ Capital Group has closed on the acquisition of a $870-million High Line development site after securing $1 billion in financing.

    The financing will cover the  purchase price for 518 West 18th Street, as well as other pre-development expenses, according to sources. A group including JPMorgan, BlackRock and SL Green provided the money. [more]

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  • Ziel Feldman, 20 West 40th Street and 40 West 40th Street

    Ziel Feldman, 20 West 40th Street and 40 West 40th Street

    Ziel Feldman’s HFZ Capital Group is facing a suit from the owners of the Bryant Park Hotel over plans to call its new hotel and residential project “the Bryant.” [more]

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  • (Click to enlarge)

    (Click to view full flyer)

    The lineup for The Real Deal’s new development showcase and forum is taking shape, with nine new speakers announced for three panels that will cover topics like foreign investment, residential development and financing projects in New York City.

    Once again, TRD is bringing real estate’s top names together for thought-provoking discussion on some of the industry’s biggest issues. The event, which will be hosted at the Metropolitan Pavilion in Chelsea on Tuesday, May 12th, will feature the likes of HFZ Capital’s Ziel Feldman, the Moinian Group’s Joseph Moinian, Marty Burger of Silverstein Properties, Fundrise co-founder and president Dan Miller, and Nikki Field of Sotheby’s International Realty.

    Along with these panels, The Real Deal will offer a sneak peek of some of the city’s most anticipated projects to a crowd of more than 3,500 investors, buyers, brokers, lenders, developers and high- end consumers–so don’t miss out.

    Click here to purchase purchase tickets for the event. For sponsorship opportunities, call 212-595-6271 or email forum@therealdeal.com.

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  • 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]

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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

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

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  • 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]

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  • 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]

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  • 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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