Ranee Bartolacci News Today

Hamptons mansion to being held on $5M bond -- how NYC developer Nir Meir spent thousands on wine and cars before claiming he's broke.

HFZ Capital Group’s luxury developers staked their futures on Bjarke Ingels’s High Line debut and lost everything. Over the past 18 months, the firm has been obliterated by foreclosures and investor lawsuits.

Nir Meir, the former HFZ developer, who oversaw a $2 billion debacle along the High Line, is facing extradition to New York.

Tana Lee Alves/WireImage for Niche Media, LLC via Getty ImagesAn embattled former executive of a New York real estate development firm was indicted Wednesday on charges he allegedly conspired in an $86.6 million fraud scheme.Nir Meir, the 49-year-old former managing principal of HFZ Capital Group, was indicted for tax fraud, falsifying business records, and various counts of larceny after allegedly bilking investors, subcontractors, and the city through a years-long scheme.Meir was arrested Mond

Nir Meir owes YH Lex Estates roughly $20 million, according to the lender