Photo illustration of HFZ chairman Ziel Feldman (Getty, iStock/Illustration by Kevin Rebong for The Real Deal)
HFZ Capital Group seems to have a million problems. With the once prolific developer battling lawsuits and contractors’ liens as it clings to its Manhattan condo buildings, its travails seem fit for an HBO drama.
But the latest episode is more like a plot from A&E’s “Storage Wars.”
A storage company tried to auction off two HFZ tenants’ storage units, which include sports memorabilia and antiques, after HFZ fell behind on its payments. At one point an HFZ representative even went to a planned auction to bid, only to be accused of trespassing by the storage company, according to a complaint filed by HFZ.
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450 West 31st Street, New York, NY 10001 Phone: 212-260-1332
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450 West 31st Street, New York, NY 10001 Phone: 212-260-1332
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HFZ’s Ziel Feldman sells Hamptons home for $50M
Property at 187 Dune Road traded in off-market deal Tri-State /
Ziel Feldman and 187 Dune Road (Getty, Google Maps)
UPDATED Jan. 8, 8:40 am: Embattled HFZ Capital Group founder Ziel Feldman has sold his Hamptons mansion for $50 million,
The Real Deal has learned.
A source familiar with the matter said the property at 187 Dune Road in Bridgehampton sold in an off-market transaction that closed late last year. Page Six on Thursday night reported the buyer to be sports merchandise mogul Michael Rubin.