Trump allies assembling “Patriots’ Row” in D.C.

Two years ago, allies of Donald Trump descended upon the Capitol and attempted to disrupt the certification of Joe Biden’s election victory. Now, they’re trying to disrupt the real estate market nearby, albeit through far less coercive means. Since the start of last year, the Conservative Partnership Institute has purchased nine properties only a few […]

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Church seeks to escape hellish partnership with HFZ

Marble Collegiate Church thrived for nearly 400 years. Then it made a deal with HFZ Capital Group. The church partnered with the beleaguered New York City developer in 2013 to build a tower next to the church, in NoMad on the corner of West 29th Street. By late 2020, HFZ had defaulted on $205 million in loans and was engulfed in foreclosures and lawsuits. A year later, Vanbarton Group, the mezzanine lender, foreclosed on the

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Faith alone: How one Manhattan congregation got caught in HFZ’s downfall

Below the spire of Marble Collegiate Church lays a barren hole with construction tools, fire extinguishers and ladders hastily stacked around the edges. Three cranes excavating the West 29th Street site have been abandoned. A sign on a fence directs congregants, “confessions this way,” with an arrow pointing to the sanctuary. HFZ Capital Group had planned to build a boutique office tower at the NoMad location aimed at technology and media tenants, before the developer’s

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