the ungainly office tower to replace the old Bancroft Building is alive and well. Yesterday, a DOB filing of the customary ZD-1 zoning diagram came online, showing a site plan, section, and axonometric drawing mirroring renderings uncovered this past April.
Last October, permits were filed for a 34-floor office tower with 301,167-square feet, but sources told The Real Deal last December, that the true plan is to build a tower double that size.
Renderings now posted on HFZ's website portray a tower of at least 50 floors, 800 feet high, while the filings and new zoning diagram show a tower shy of 600 feet.
A spokesperson for HFZ sent the following statement: “HFZ is pleased to announce that its founder Ziel Feldman has returned to the day to day management of the company. Mr. Feldman will assume the responsibilities of Nir Meir, who is no longer with the company.”
The incident comes as HFZ, one of New York’s most prominent condominium developers and owner of a large nationwide portfolio, is engaged in multiple conflicts with its lenders and investors across several projects.