HFZ Capital Group continues to have trouble meeting its debt obligations. The lender at HFZ’s planned project on Manhattan’s Upper East Side claims the prolific condo developer owes more than $18 million on defaulted loans, according to a motion for summary judgement filed in New York Supreme Court on Tuesday. HFZ principals Ziel Feldman and Nir Meir are named as co-defendants for personally guaranteeing the debt. The lender, identified as YH Lex Estates, claims it
source https://therealdeal.com/2020/11/04/hfz-sued-over-delinquent-loans-at-upper-east-side-project/
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