RCA in the News

Property and the pandemic: the great reckoning that never seems to arrive

Financial Times / March 3rd, 2021

Financial Times reports: When the wolves came to Ziel Feldman’s door, it was a triplex penthouse on the Upper East Side of Manhattan. Feldman, chief executive of HFZ Capital, one of the city’s swankiest developers, was forced in December to put his own house up for sale — asking price: $39m — after creditors sued to foreclose on several of his faltering condominium projects.

View the full article on Financial Times: Property and the pandemic: the great reckoning that never seems to arrive