Developer HFZ Capital is planning to raze the Bancroft Building, a 10-story, 61,230-square-foot office building at 3-7 West 29th Street, between Broadway and Fifth Avenue, The Real Deal reported.
The building is just one of three that HFZ, run by Ziel Feldman, plans to tear down in order to erect a 350,000-square-foot mixed-use tower, Department of Buildings records indicate.
The Observer is not sure which is worse: a Tommy Hilfiger-themed hotel or just another blasé Marriott. The fashion designer had planned to tranform the Madison Square icon into a red-white-and-blue boutique hotel before he backed out. A plan to turn the landmark into condos already failed, but the owners have found a new buyer who still wants a hotel overlooking Shake Shack.
In the real estate equivalent of Mariano Rivera parachuting into a tight ninth inning, Steve Ross has just made a play for troubled tower 1 Madison Park.
Mid-tier developer Ziel Feldman is just days away from presenting his rescue plan for the beautiful though far-from-perfect condo. But now The Wall Street Journal reports that Read More