Rumor has it: HFZ Capital’s Ziel Feldman sold his Water Mill property for $50 million

According to sources, who are never wrong, Ziel Feldman, head of struggling HFZ Capital, has sold his 1.5-acre oceanfront spread on Dune Road in an off-market deal. Not too surprising since Feldman also put his New York penthouse up for sale in November (asking $39 million). Gary Cooper of Hedgerow Properties reportedly brokered the deal.

The property, at 187 Dune Road, includes 1.54 acres of lane along with a house that “looks like a midtown skyscraper” (according to our source).

So there you have it. This will certainly change the 2020 top-10 priciest list, if true.

Updated to add: Page Six reports the buyer is Michael Rubin.

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