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 developers and owner of a large nationwide portfolio, is engaged in multiple conflicts with its lenders and investors across several projects.
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