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HFZ Capital
HFZ Capital Group is a real estate development and investment company based in New York City. Ziel Feldman founded HFZ in 2005 and serves as chairman. As of 2019, HFZ manages more than $10 billion worth of development. History Prior to launching HFZ in 2005, Feldman was principal at the national development firm Property Markets Group (PMG), which he co-founded with Kevin Maloney in 1991. At PMG, Feldman also worked with Gary Barnett of Extell Development Company. In 2013, HFZ and partner Fortress Investment Group purchased four Manhattan rental buildings, including The Astor, from Westbrook Partners for more than $610 million. HFZ then converted the properties into for-sale condominiums. In March 2015, HFZ acquired The Belnord on the Upper West Side of Manhattan from Extell for about $575 million. HFZ hired architect Robert A. M. Stern for the renovation and conversion of the pre-war building into a condominium. In May 2015, HFZ acquired a full-block site in Chelsea, Manhat ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Real Estate Companies Of The United States
Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * ''Real'' (L'Arc-en-Ciel album) (2000) * ''Real'' (Bright album) (2010) * ''Real'' (Belinda Carlisle album) (1993) * ''Real'' (Gorgon City EP) (2013) * ''Real'' (IU EP) (2010) * ''Real'' (Ivy Queen album) (2004) * ''Real'' (Mika Nakashima album) (2013) * ''Real'' (Ednita Nazario album) (2007) * ''Real'' (Jodie Resther album), a 2000 album by Jodie Resther * ''Real'' (Michael Sweet album) (1995) * ''Real'' (The Word Alive album) (2014) * ''Real'', a 2002 album by Israel Houghton recording as Israel & New Breed Songs * "Real" (Goo Goo Dolls song) (2008) * "Real" (Gorgon City song) (2013) * "Real" (Plumb song) (2004) * "Real" (Vivid song) (2012) * "Real" (James Wesley song) (2010) * "Real", a song by Kendrick Lamar from ''Good Kid, M.A.A.D City'' * "Real", a song by NF from ''Therapy Session'' * "Re ...
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Companies Based In Manhattan
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Real Estate Weekly
''Real Estate Weekly'' is a weekly American real estate magazine primarily covering New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L .... References External linksOfficial site Real estate in the United States Business magazines published in the United States {{business-mag-stub ...
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Bjarke Ingels
Bjarke Bundgaard Ingels (; born 2 October 1974) is a Danish architect, founder and creative partner of Bjarke Ingels Group (BIG). In Denmark, Ingels became well known after designing two housing complexes in Ørestad: VM Houses and Mountain Dwellings. In 2006 he founded Bjarke Ingels Group, which grew to a staff of 400 by 2015, with noted projects including the 8 House housing complex, VIA 57 West in Manhattan, the Google North Bayshore headquarters (co-designed with Thomas Heatherwick), the Superkilen park, and the Amager Resource Center (ARC) waste-to-energy plant – the latter which incorporates both a ski slope and climbing wall on the building exterior. Since 2009, Ingels has won numerous architectural competitions. He moved to New York City in 2012, where in addition to the VIA 57 West, BIG won a design contest after Hurricane Sandy for improving Manhattan's flood resistance. In 2011, ''The Wall Street Journal'' named Ingels ''Innovator of the Year'' for architectur ...
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The XI
One High Line (formerly The XI and The Eleventh) is a pair of buildings in New York City designed by architectural firm BIG. The complex will include 247 condominiums, a 137-room Six Senses hotel, of retail space, art space, a spa and club. Planning and construction HFZ Capital Group acquired the full-block site between 17th and 18th Street, and 10th and 11th Avenue for $870 million from Edison Properties in May 2015, one of the highest prices ever paid in Manhattan for a development site. The sale price for the site and of air rights worked out to over $1,100 per buildable square foot, a record for a Manhattan condominium development. The site was formerly a brownfield, and HFZ received a $60 million tax credit for the environmental cleanup of the land. A consortium of lenders including JPMorgan Chase, BlackRock and SL Green provided $1 billion in acquisition and predevelopment financing at the time. HFZ expected the development to cost over $1.9 billion ($1,700 per square foo ...
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Edison Properties
Edison Properties is a privately owned real estate holding and development firm based in Newark, New Jersey founded in 1956. The company has holdings in New Jersey, New York City, and Baltimore including many parking lots marketed under ParkFast and storage units marketed under Manhattan Mini Storage. The company is affiliated with the family-run Gottesman Real Estate Partners. Edison ParkFast Edison ParkFast operates parking lots in Newark, Manhattan, Brooklyn, Jersey City, Secaucus, and Baltimore. Manhattan Mini Storage Manhattan Mini Storage is a self storage and moving company based in New York City. It is the largest personal storage company in New York, and one of the largest in the United States. The firm has 17 storage locations throughout the city, open 365 days a year and some of which are open 24 hours per day. Manhattan Mini Storage has approximately 250,000 clients. Facilities include high-tech security system, free concierge, and onsite managers. It also operates a ...
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Chelsea, Manhattan
Chelsea is a neighborhood on the West Side of the borough of Manhattan in New York City. The area's boundaries are roughly 14th Street to the south, the Hudson River and West Street to the west, and Sixth Avenue to the east, with its northern boundary variously described as near the upper 20sRegier, Hilda. "Chelsea (i)" in , pp.234-235 or 34th Street, the next major crosstown street to the north.Navarro, Mireya"In Chelsea, a Great Wealth Divide", ''The New York Times'', October 23, 2015. Accessed October 23, 2015. "Today's Chelsea, the swath west of Sixth Avenue between 14th and 34th Streets, could be the poster neighborhood for what Mayor Bill de Blasio calls the tale of two cities." To the northwest of Chelsea is the neighborhood of Hell's Kitchen, as well as Hudson Yards; to the northeast are the Garment District and the remainder of Midtown South; to the east are NoMad and the Flatiron District; to the southwest is the Meatpacking District; and to the south and southeast ...
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Curbed NY
''Curbed'' is an American real estate and urban design website founded as a blog by Lockhart Steele in 2006. The full website, founded in 2010, featured sub-pages dedicated to specific real estate markets and metropolitan areas across the United States. Steele once described ''Curbed.com'' as an " Architectural Digest after a three-martini lunch.” The site hosted an annual contest, the Curbed Cup, to pick the best neighborhood in each city. In November 2013, Vox Media purchased the Curbed Network, which, apart from ''Curbed'', also included dining website ''Eater'' and fashion website ''Racked''. The paper reported that the cash-and-stock deal was worth between $20 million and $30 million. , as a part of a downward trend of layoffs and restructuring of many venture capital-funded sites, and the effects of the COVID-19 pandemic, many of Curbed's area-specific sites closed, leaving New York City as the sole remaining metropolitan focus. In October 2020, ''Curbed'' was integrat ...
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Condominium
A condominium (or condo for short) is an ownership structure whereby a building is divided into several units that are each separately owned, surrounded by common areas that are jointly owned. The term can be applied to the building or complex itself, as well as each individual unit within. Residential condominiums are frequently constructed as apartment buildings, but there are also rowhouse style condominiums, in which the units open directly to the outside and are not stacked, and on occasion "detached condominiums", which look like single-family homes, but in which the yards (gardens), building exteriors, and streets as well as any recreational facilities (such as a pool, bowling alley, tennis courts, and golf course), are jointly owned and maintained by a community association. Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, ...
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Pre-war Architecture
__NOTOC__ Pre-war architecture refers to buildings built in the period between the turn of the 20th century until the Second World War, particularly in and around New York City. Many mid- and high-rise apartment buildings which were built between 1900 and 1939 in New York and surrounding areas are considered "pre-war" and known for their spaciousness, hardwood flooring, detailing, and, in some cases, fireplaces. Quite often they are luxury rentals or co-op apartments. Examples *620 Park Avenue *655 Park Avenue *740 Park Avenue *834 Fifth Avenue *The Beresford See also *Antebellum architecture Antebellum architecture (meaning "prewar", from the Latin '' ante'', "before", and '' bellum'', "war") is the neoclassical architectural style characteristic of the 19th-century Southern United States, especially the Deep South, from after the b ... References American architectural styles House styles 20th-century architecture in the United States {{arch-style-stub ...
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