1006890017
Chelsea, Manhattan
Parcel ID (BBL): 1006890017
Owner: Witkoff Group
Acquired: January 12, 2022, $210.2 million
Debt: January 31, 2022, $910 million
Built: 0
SF: 0
Dwelling units: 0
No. of buildings: 0
Class: Railroads, Private Ownership (U6)
Transactions:
• Witkoff Group and Access Industries borrowed $910 million from JPMorgan Chase for 501 West 17th Street, Chelsea, Manhattan on January 31, 2022.
• HFZ Capital Group sold 501 West 17th Street, Chelsea, Manhattan for $210.2 million to Witkoff Group on January 12, 2022.
• Witkoff Group on December 28, 2021 bought a loan with an original principal of $595 million from Children‚Äôs Investment Fund, signed by Richard Kelly, secured by 76 Eleventh Avenue, Chelsea, Manhattan, when owned by HFZ Capital Group.
Development:
• HFZ Capital Group filed new building job 121190308 for 760,430 sqft R-2 building with 373 apartments in Chelsea, Manhattan, on December 15, 2015.
• Craig Murphy filed alteration job M01224827 for 25 sqft building with 355 apartments in Chelsea, Manhattan, on June 05, 2025.
• Anthony Rodriguez filed alteration job M01201379 for 5,000 sqft R-2 building with 355 apartments in Chelsea, Manhattan, on April 21, 2025.
• James Kennedy filed alteration job M01159923 for 6,900 sqft R-2 building with 355 apartments in Chelsea, Manhattan, on January 30, 2025.
• James Lintott filed alteration job M01038421 for 2,959 sqft R-2 building with 372 apartments in Chelsea, Manhattan, on May 28, 2024.
• John Simonlacaj filed alteration job M00972239 for building in Chelsea, Manhattan, on December 08, 2023.
Litigation:
• Arel Capital filed a $25 million lawsuit 652731/2024 against HFZ Capital Group, Ziel Feldman and Helene Feldman on May 24, 2024,seeking a money judgment related to contractat 11 Avenue.
• Ziel Feldman and Helene Feldman filed a $1 million lawsuit 656496/2022 against EB-5 investors on May 25, 2022,seeking a judgment related to stay arbitrationat 11 Avenue.
• EB-5 investors filed a $26 million lawsuit 651751/2022 against Ziel Feldman and HFZ Capital Group on April 07, 2022,seeking a money judgment related to loanat 11 Avenue.
• GCE Belnord Corp. filed a $68 million lawsuit 657149/2021 against Ziel Feldman, Nir Meir and HFZ Capital Group on December 23, 2021,seeking a money judgment related to loanat 11 Avenue.
• Yoav Harlap filed a $10.7 million lawsuit against HFZ Capital Group and Ziel Feldman on December 16, 2021,seeking a money judgment related to loanat 11 Avenue.