HFZ vs. the market: Will Ziel Feldman make money or get burned on one of his most high-stakes projects to date? 

There’s nothing particularly modest about Ziel Feldman’s megaproject rising on 11th Avenue along the High Line — except maybe the pace of early sales. Nearly six months after it officially launched in September, deals at the twin-towered, Bjarke Ingels-designed development, “the XI,” are reported by brokers to be slow. It’s a problem that is by no means unique to Feldman’s HFZ Capital Group — the entire high-end residential market is sluggish. But it’s certain to […]

source https://therealdeal.com/issues_articles/hfz-capital-ziel-feldman-the-xi/#new_tab

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