Page 13 - Nir Meir News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nir Meir and 40 Meadow Lane, Southhampton (Google Maps) Just weeks after Nir Meir left HFZ Capital Group, he is facing the prospect of getting booted from his Southampton home. The LLC that owns the property at 40 Meadow Lane filed a complaint in Suffolk County Supreme Court Tuesday alleging that Meir is living there without the owner’s consent. A source familiar with the matter said HFZ had owned the property but later transferred the LLC to one of its lenders, an affiliate of Monroe Capital. But an attorney for Meir said Meir controls the LLC. Monroe was HFZ’s lender on a national indus...

The Real Deal Reporters’ Favorite Real Estate Stories 2020. (iStock) The coronavirus pandemic colored many of the stories at The Real Deal in 2020, but our reporters’ picks for their favorite pieces of the year show that not everything was about Covid-19 in the real estate industry. While some of these stories touch on the ways the pandemic changed real estate in the past 12 months — from creating more opportunities for landlords to pick up distressed properties, to putting pressure on Manhattan’s already shaky condo market — others are deep dives into little corners of the industry...

Share via Shortlink Ziel Feldman, Aby Rosen, Sharif El-Gamal, and an iconic New York hot dog restaurant top the years juiciest lawsuits. (Getty, Papaya King) An unprecedented pandemic and economic downturn made 2020 a big year for real estate lawsuits. Sometimes, coronavirus was just one more complicating factor in an already difficult situation — be it softness in New York’s condo market, long-standing headwinds in the retail sector or business relationships gone sour. In other cases, the pandemic was the main cause for a legal confrontation. Still, some lawsuits were the kind yo...

  HFZ Capital Group is in danger of losing another project in its embattled development portfolio. Ziel Feldman’s firm is facing foreclosure on the mezzanine position at a NoMad development site where it plans to build a 600,000-square-foot office tower, according to a notice scheduling the UCC auction reviewed by The Real Deal. The mezzanine lender on the site, the Vanbarton Group, has scheduled a UCC foreclosure auction for late March. Representatives for HFZ and Vanbarton Group did not immediately respond to requests for comment. Eastdil Secured, which is handling marketing for the auct...

And fortunately, 2020 is nearly in our hindsight as well. There are reasons to be optimistic heading into next year with the first vaccines being administered. A possible return to normal life seems within sight, suddenly.  But, clearly, there is still pain all around. There’s the human toll with more than 300,000 deaths in the U.S., an unimaginable number. There’s the financial toll too. In our corner of the business world, many real estate players are struggling to ride out the pandemic and economic storm that have disrupted everything.  In our cover story this month, we take a ...