# NEW YORK | 29th St & 5th Ave | FT | 43 FLOORS

**URL:** <https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217>\
**Category:** Under Construction\
**Created:** [June 14, 2014, 2:21am UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217 "2014-06-14T02:21:47Z")\
**Posts on this page:** 20\
**Page:** 11

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**Author:** ![YIMHudson](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/yimhudson/32/2304_2.png) [@YIMHudson](https://forum.newyorkyimby.com/u/YIMHudson)\
**Post date:** [November 24, 2020, 6:34pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/203 "2020-11-24T18:34:21Z")

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> **[HFZ Lays Off Staff as Legal and Financial Problems Mount](https://therealdeal.com/new-york/2020/11/24/hfz-lays-off-staff-as-legal-and-financial-problems-mount/?utm_source=internal&utm_medium=widget&utm_campaign=feature_posts)**
>
> HFZ Capital Group has laid off a large number of its employees as the developer’s financial and legal troubles mount.

> Two sources familiar with the matter said the layoffs and furloughs mainly affected people working in the construction side of the business and also those at the company’s main office at 600 Madison Avenue.

> The developer has been under pressure as it deals with a slew of lawsuits from lenders and subcontractors over delinquent loans and unpaid bills tied to several of the firm’s Manhattan condos.

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [November 24, 2020, 6:44pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/204 "2020-11-24T18:44:20Z")

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I was just about to post that!

I pray that HFZ loses this site and something better is built there. This site warrants a supertall residential with a very expensive hotel!

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**Author:** ![streetscaper](https://avatars.discourse-cdn.com/v4/letter/s/779978/32.png) [@streetscaper](https://forum.newyorkyimby.com/u/streetscaper)\
**Post date:** [November 25, 2020, 12:00pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/205 "2020-11-25T12:00:55Z")

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I’d rather no supertall built at this site. Something Stern-designed would be ideal.

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**Author:** ![stache](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/stache/32/30186_2.png) [@stache](https://forum.newyorkyimby.com/u/stache)\
**Post date:** [November 25, 2020, 2:46pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/206 "2020-11-25T14:46:56Z")

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I would prefer the old building was still there.

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**Author:** ![Tectonic](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tectonic/32/186763_2.png) [@Tectonic](https://forum.newyorkyimby.com/u/Tectonic)\
**Post date:** [November 28, 2020, 5:25pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/207 "2020-11-28T17:25:32Z")

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I’m hoping the ESB keeps its breathing room.

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**Author:** ![bmosborne](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/bmosborne/32/78906_2.png) [@bmosborne](https://forum.newyorkyimby.com/u/bmosborne)\
**Post date:** [December 3, 2020, 3:11am UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/208 "2020-12-03T03:11:53Z")

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Woe to the Empire State Building.

 ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/7/5/7506521a51fd231a32cb97ae845fe5944f675841.jpeg) ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/5/5/5537a6bba87cb7e8ceb91ec484319da4a8a796ac.jpeg) ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/b/0/b096ed6df83f0d5a5aa458fb6eae8bd3134f63f2.jpeg) ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/e/ae40e3902713c34a37b0c6f952c5109a490c7262.jpeg)

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**Author:** ![bmosborne](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/bmosborne/32/78906_2.png) [@bmosborne](https://forum.newyorkyimby.com/u/bmosborne)\
**Post date:** [December 3, 2020, 3:12am UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/209 "2020-12-03T03:12:55Z")

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Very rough sketch of the damage this building would have to the historic skyline. Such a disgrace!

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**Author:** ![bmosborne](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/bmosborne/32/78906_2.png) [@bmosborne](https://forum.newyorkyimby.com/u/bmosborne)\
**Post date:** [December 3, 2020, 1:17pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/210 "2020-12-03T13:17:46Z")

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They reduced Tower Verre’s height by a whopping 200 feet citing its proximity to the Empire State Building. And this is approved two blocks south at a monstrous height?

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**Author:** ![stache](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/stache/32/30186_2.png) [@stache](https://forum.newyorkyimby.com/u/stache)\
**Post date:** [December 3, 2020, 3:32pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/211 "2020-12-03T15:32:39Z")

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I don’t mind the massing. It makes ESB the main part of a cluster.

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**Author:** ![DeSelby](https://avatars.discourse-cdn.com/v4/letter/d/df705f/32.png) [@DeSelby](https://forum.newyorkyimby.com/u/DeSelby)\
**Post date:** [December 3, 2020, 11:45pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/212 "2020-12-03T23:45:29Z")

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I don’t mind tall buildings near the ESB but they should look good. This design is hideous. Bjarke is a hack.

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [December 3, 2020, 11:52pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/213 "2020-12-03T23:52:57Z")

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In light of HFZ’s troubles, what are the odds that it will retain control of this site? Presumably, they don’t have a construction loan and won’t get one for a speculative tower.

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [December 8, 2020, 1:57pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/214 "2020-12-08T13:57:46Z")

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I pray that HFZ loses this property and that this catastrophe is averted.

 ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/e/7/e79bacb03c8e1faf3e988f6c94cdae4635b02fc9.jpeg)

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**Author:** ![chris08876](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/chris08876/32/1617_2.png) [@chris08876](https://forum.newyorkyimby.com/u/chris08876)\
**Post date:** [December 9, 2020, 1:44am UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/215 "2020-12-09T01:44:45Z")

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Site from above. The magic eye!

 ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/9/c/9cab02049dbd84d6fb06a250baaca3a5807cb283.jpeg)  
Credit: [The Dronalist](https://www.youtube.com/watch?v=EBiR0A5fH5Y)

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<div class="post-metadata">

**Author:** ![YIMHudson](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/yimhudson/32/2304_2.png) [@YIMHudson](https://forum.newyorkyimby.com/u/YIMHudson)\
**Post date:** [December 12, 2020, 12:09am UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/216 "2020-12-12T00:09:53Z")

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> [@NEW YORK | One High Line | 76 11th Ave | 400 + 300 FT | 28 & 38 FLOORS](https://forum.newyorkyimby.com/t/new-york-the-xi-xi-s-taking-forever-76-11th-ave-400-300-ft-28-38-floors/567/516):
>
> [https://therealdeal.com/2020/12/11/hfzs-ziel-feldman-shows-partner-nir-meir-the-door-sources/?utm\_source=internal&utm\_medium=widget&utm\_campaign=feature\_posts](https://therealdeal.com/2020/12/11/hfzs-ziel-feldman-shows-partner-nir-meir-the-door-sources/?utm_source=internal&utm_medium=widget&utm_campaign=feature_posts) A spokesperson for HFZ sent the following statement: “HFZ is pleased to announce that its founder Ziel Feldman has returned to the day to day management of the company. Mr. Feldman will assume the responsibilities of Nir Meir, who is no longer with the company.” The incident comes as HFZ, one of New York’s most prominent condominium dev…

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [December 24, 2020, 3:07pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/217 "2020-12-24T15:07:41Z")

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A Christmas miracle may be forthcoming!

 ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/f/aff5c702e5710a4f33211fa66178ae1d1378b475.jpeg)

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**Author:** ![Matthew\_Vansickle](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/matthew_vansickle/32/182452_2.png) [@Matthew\_Vansickle](https://forum.newyorkyimby.com/u/Matthew_Vansickle)\
**Post date:** [December 24, 2020, 3:38pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/218 "2020-12-24T15:38:22Z")

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Thank god!!!

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**Author:** ![Emoglez](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/emoglez/32/24448_2.png) [@Emoglez](https://forum.newyorkyimby.com/u/Emoglez)\
**Post date:** [February 15, 2021, 7:46pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/219 "2021-02-15T19:46:17Z")

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![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/b/4/b4eff3db28dbf8afc6d90bdbf36e6b216187956a.jpeg)  
02/15/21 12:26 PM

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<div class="post-metadata">

**Author:** ![bmosborne](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/bmosborne/32/78906_2.png) [@bmosborne](https://forum.newyorkyimby.com/u/bmosborne)\
**Post date:** [February 19, 2021, 3:06pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/220 "2021-02-19T15:06:12Z")

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Is there any follow-up news to this article?

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**Author:** ![chris08876](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/chris08876/32/1617_2.png) [@chris08876](https://forum.newyorkyimby.com/u/chris08876)\
**Post date:** [March 21, 2021, 2:47am UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/221 "2021-03-21T02:47:41Z")

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Pics by me. Taken today.

There were very busy today. Site is in full swing.

[![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/b/4/b43059e9dacc0d148dea7baaad4595532fe1dd87.jpeg)  
 ](https://flic.kr/p/2kMM1Bb)[29th & 5th - 03-20-2021 - 3](https://flic.kr/p/2kMM1Bb) by [Christopher Estevez](https://www.flickr.com/photos/138198804@N03/), on Flickr

[![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/c/f/cf5a81e9753c061675d1c665f29daee687a5f48b.jpeg)  
 ](https://flic.kr/p/2kMMqsZ)[29th & 5th - 03-20-2021 - 1](https://flic.kr/p/2kMMqsZ) by [Christopher Estevez](https://www.flickr.com/photos/138198804@N03/), on Flickr

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**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\
**Post date:** [April 5, 2021, 9:01pm UTC](https://forum.newyorkyimby.com/t/new-york-29th-st-5th-ave-ft-43-floors/217/222 "2021-04-05T21:01:50Z")

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Bad news. Still active, but only a few workers on site and one excavator going. They seem to be half-assing this one.  
4.5.21

 ![PXL_20210405_174238038~2](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/2/7/2756eb583bd4fd6b840d91b15ac76a7fd5909319.jpeg)

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