HFZ Capital Group is no longer active. This firm has been marked inactive in our database — details below may be out of date.
HFZ Capital Group
New York, NY 0–1 employees 2 principals
Last updated
About HFZ Capital Group
HFZ Capital Group is a real estate operator headquartered in New York, NY. HFZ Capital Group operates in Chicago, Illinois, Columbus, Ohio and Madison, Wisconsin. Its investment focus is on Condominiums, Hospitality and Industrial.
HFZ Capital Group was a prominent Manhattan-based real estate investment and development firm founded in 2005 by Ziel Feldman. At its peak, the firm assembled a portfolio valued at over $10 billion, spanning more than 12 million square feet of property. The firm's historical operations focused on Manhattan’s luxury residential market, encompassing adaptive reuse of historic structures, major rental-to-condominium conversions, and ground-up luxury developments. Its marquee project was **The XI** (76 Eleventh Avenue)—a $2 billion, Bjarke Ingels-designed mixed-use development along the High Line. Despite its historical scale, HFZ collapsed after 2020 amid investor lawsuits, partner disputes, debt defaults, and foreclosures that resulted in the liquidation or transfer of its primary assets. In 2024, the Manhattan District Attorney's office indicted the firm, its former managing principal Nir Meir, and other executives for grand larceny, tax fraud, and money laundering in connection with an $86 million fraud scheme involving The XI development.
Principals at HFZ Capital Group
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