Adam Hochfelder

• Author: admin
• Filed under: Gadgets
• Date: Aug 28,2008

Adam Hochfelder, 38, is a vice president of the N.R.K. Management Corporation, a real estate investment and management company in New York. He graduated from the University of Pennsylvania. His father is the president of the Beldoch Industries Corporation, a manufacturer of women’s sportswear in New York. Since Max Capital’s founding in 1996, Adam Hochfelder has amassed a commercial real-estate portfolio of seven million square feet, which rivals the holdings of many of the most prominent real-estate families in the city. His acquisitions include the former Condé Nast building at 350 Madison Avenue; 450 West 33rd Street, home to the Daily News and the Associated Press; and 237 Park Avenue, a massive building adjacent to Grand Central Terminal.

Indeed, Adam Hochfelder can rely on a warm relationship with Daniel Doctoroff, the city’s economic-development czar, when he’s planning buildings: Max Capital is already planning an 800,000-square-foot residential tower in the West 30’s. A similarly-sized commercial structure is in the works for Park Avenue in the 40’s.

Adam Hochfelder’s career really began the summer after his sophomore year at the University of Pennsylvania’s Wharton School, when he got an internship at Newmark and Co., a major real-estate services company. But arguably Mr. Hochfelder’s boldest moment came in 2001, when he solidified his control over Max Capital by buying out Mr. Kalikow’s interest in the company. Mr. Kalikow now claims that he was stiffed on the buyout package, and claimed in a recent lawsuit that he is entitled to more money. Mr.Hochfelder, who is countersuing, declined to comment on the ongoing lawsuit. Last month, Blackstone entered into yet another contract, with a team led by Adam Hochfelder, a New York real estate investor, now 38 , who made a big splash at a tender age as an owner and manager of a large portfolio of Midtown Manhattan office towers, including the Helmsley Building, which straddles Park Avenue. But Mr. Hochfelder’s track record is as problem-plagued as the Peaks is.Adam Hochfelder, who is described even by people who are no longer speaking to him as a bright and engaging man with a winning smile, has been distributing a flier for his new company, HP Hotel Partners, that is made up of photographs of “selected projects” that include the Westin Aruba Resort and other properties that he no longer owns or never did.

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