HFZ faces suit from rival developers over “the Bryant” hotel

Plaintiffs are owners of the Bryant Park Hotel in the iconic 40 West 40th Street

TRD New York /
Apr.April 17, 2015 10:30 AM

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.”

The Bryant Park Hotel, which is owned by developers Phil Pilevsky, Raymond Gindi and Joseph Chehebar, is located at 40 West 40th Street in the landmarked black-and-gold tower on the south side of the park. The group wants to block Feldman from using the name, and is also seeking $50 million in damages, the New York Post reported.

HFZ’s planned mixed-use condo and hotel would sit nearby at 20 West 40th Street. The firm purchased the lot out of foreclosure in 2010 for $46 million.

Adding an interesting dynamic to the feud, Feldman and Pivelsky previously partnered together on Miami’s Shore Club. [NYP] — Tess Hoffmann 

 

Related Articles

arrow_forward_ios
Creston Apartments at 2030 Creston Avenue in the Bronx (Credit: Google Maps, iStock)

Construction firm with alleged mob ties worked on Bronx affordable housing project

Construction firm with alleged mob ties worked on Bronx affordable housing project
Former HFZ Capital Group executuve John Simonlaca (Credit: HFZ, iStock)

Meet the HFZ exec accused of taking mob bribes

Meet the HFZ exec accused of taking mob bribes
HFZ managing director John Simonlacaj and The XI development (Credit: LinkedIn and Wikipedia Commons)

HFZ’s High Line condo-hotel project was ATM for the mob, prosecutors say

HFZ’s High Line condo-hotel project was ATM for the mob, prosecutors say
From left: Jared Epstein, Barry Sternlicht, Bobby Cayre and Ziel Feldman

Power lunch: Barry Sternlicht, Ziel Feldman and Aurora execs talk shop at Pastis

Power lunch: Barry Sternlicht, Ziel Feldman and Aurora execs talk shop at Pastis
From left: Jared Epstein, Barry Sternlicht, Bobby Cayre and Ziel Feldman

Power lunch: Barry Sternlicht, Ziel Feldman and Aurora execs talk shop at Pastis

Power lunch: Barry Sternlicht, Ziel Feldman and Aurora execs talk shop at Pastis
From left: Jared Epstein, Barry Sternlicht, Bobby Cayre and Ziel Feldman

Power lunch: Barry Sternlicht, Ziel Feldman and Aurora execs talk shop at Pastis

Power lunch: Barry Sternlicht, Ziel Feldman and Aurora execs talk shop at Pastis
From left: The Chrysler Building, Beny Steinmetz, and 76 Eleventh Avenue (Credit: Unsplash, Getty Images, and The XI)

Beny Steinmetz, reported backer of Chrysler Building owner and HFZ, to be tried in Guinean bribery scandal

Beny Steinmetz, reported backer of Chrysler Building owner and HFZ, to be tried in Guinean bribery scandal
From left: Graeme Hart, The XI and HFZ Capital Group's Ziel Feldman (Credit: Getty Images)

New Zealand’s richest man buys condo at Ziel Feldman’s the XI

New Zealand’s richest man buys condo at Ziel Feldman’s the XI
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...