Bjarke Ingels NYC Condos Won’t Be at Ultra-Luxury Prices
Visitors walk on the High Line next to the development site, left, purchased by Ziel Feldman's HFZ Capital Group. Photograph: Victor J. Blue/Bloomberg
Ziel Feldman’s HFZ Capital Group just bought one of the most expensive development sites ever sold in Manhattan. He won’t be building the city’s priciest condos there.
“I don’t want to be hostage to a $10-to-$20 million condo market,” Feldman said in an interview. “I don’t want to be in that market a year or two from now.”