The Real Deal New York

Posts Tagged ‘moinian group’

  • desheli

    From left: Avner Fatakhov, DeSheli kiosk, 1501 Broadway and Edward Mermelstein

    Israeli cosmetics company DeSheli is breaking into the New York market, having signed three 10-year leases in the last week. [more]

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  • Joseph Moinian and 605 West 42nd Street (Site image credit: Curbed)

    Joseph Moinian and 605 West 42nd Street (Site image credit: Curbed)

    Construction is now moving along swiftly at Joseph Moinian’s 605 West 42nd Street. The long-stalled residential development, previously known as Atelier 2, switched from condominiums to rentals earlier this year, as The Real Deal reported. [more]

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  • NYFA founder Jerry Sherlock and 17 Battery Park South

    From left: NYFA founder Jerry Sherlock and 17 Battery Park South

    Lights, camera, action! The New York Film Academy has relocated to its new 17 Battery Park South digs following a $44 million deal that took 18 months to complete, according to a release from the Moinian Group, which owns the property. The school will lease 73,321 square feet for 15 years, a statement from Moinian said today.

    The space will officially open for classes this summer. [more]

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  • 3-Hudson-Blvd

    A rendering of 3 Hudson Boulevard

    Architecture is always a thing of the past: The architect conceives his structure in the present and then the builders erect it when they can, to plans concocted months, years or even centuries before. So it is with 3 Hudson Boulevard, the Moinian Group’s mixed-use tower planned for the far West Side. [more]

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  • Adam Spies, 295 Madison Avenue and Doug Harmon

    Adam Spies, 295 Madison Avenue and Doug Harmon

    Updated, 10:15 a.m., June 7: Abe Talass’ Eretz Group will pay about $210 million for a Midtown office tower belonging to Westbrook Partners and the Moinian Group, according to sources.

    The 300,000-square-foot 295 Madison Avenue, located at 41st Street, is part of a portfolio that Westbrook was marketing in April that is expected to fetch about $1 billion, as The Real Deal first reported. Murray Hill Properties represented the buyer in the deal, which is expected to close in September. The Observer first reported the building was in contract. [more]

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  • A rendering of Hudson Park & Boulevard (Credit: Hudson Yards Development Corporation)

    A rendering of Hudson Park & Boulevard (Credit: Hudson Yards Development Corporation)

    A new city-owned park being built on Manhattan’s far West Side is being supported by neighborhood developers and landlords, but the Related Companies, whose 26-acre Hudson Yards project kisses the park’s southern edge, is refusing to contribute dues, the Wall Street Journal reported.

    Executives at Related told people working on the park that the company is already responsible for bankrolling the maintenance and operations of more than 12 acres of open space on the Hudson Yards site, according to the Journal. Paying dues for the park, the executives believe, would amount a form of double taxation. [more]

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  • From left: Jerry Stackhouse, the Atelier and Deborah Cox

    From left: Jerry Stackhouse, the Atelier and Deborah Cox

    The Atelier is getting two more celebrity residents. Brooklyn Nets powerhouse Jerry Stackhouse and Broadway star Deborah Cox are the newest boldface names to sign leases at the Moinian Group-developed condominium building at 635 West 42nd Street between Eleventh and Twelfth avenues, a source with knowledge of the deals told The Real Deal. [more]

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  • From left: Joseph Moinian and Gary LaBarbera

    A report card commissioned by a new union advocacy organization that gave the Moinian Group’s operations an “F” has several flaws and seems to unsystematically target the developer for its penchant for hiring nonunion workers. In its report, Build up NYC, a coalition of labor groups including 32BJ SEIU, the Hotel Trades Union, and the Building and Construction Trades Council of Greater New York, excoriated the Moinian Group for a laundry list of alleged failings at its buildings, as well as a poor record of worker relations…. [more]

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  • Joseph Moinian and Speaker Christine Quinn

    A group of elected officials and union workers has given the Moinian Group a failing grade when it comes to the company’s landlord and development operations, the New York Observer reported. The so-called report card faults Moinian with failed relationships with tenants, vendors and workers, and the group is holding a rally today near City Hall to bring awareness to the issue. [more]

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  • Class action suit hits 1 West Street

    January 24, 2013 02:00PM

    1 West Street

    Residents of 1 West Street have filed a class action lawsuit against the Moinian Group and Douglas Elliman Property Management over the 500-unit rental building’s response to Hurricane Sandy, Curbed reported. The suit seeks damages over allegations that the defendants did not sufficiently secure, protect or care for the Financial District building before, during or after the storm. This is not the first residential property to lawyer up and seek damages from the storm. Residents of 88 Greenwich Street filed suit against the condominium board and property manager over allegations that they took no precautions against flooding, which left the building uninhabitable, as previously reported. [more]

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  • Rapper Bow Wow rents at W Downtown

    December 07, 2012 03:30PM

    From left: Richard Nassimi, the W Downtown and Bow Wow

    The W Downtown Hotel and Residences at 123 Washington Street has long been a draw for celebrities; Houston Rockets baller and former New York Knicks superstar Jeremy Lin lived in the building for a short time earlier this year. Now the building has attracted another celebrity, this time from the world of rap music.

    Rapper Bow Wow, formerly known as Lil’ Bow Bow, is renting a two-bedroom spread at the Financial District building, sources told The Real Deal. The music sensation, who rose to fame as a teenager and whose real name is Shad Moss, secured a short-term rental deal at the property late last month, they said. [more]

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  • From left: Joseph Moinian, Mat Van Damm and 100 John Street

    The Moinian Group and Town Residential have ended their longtime business relationship, The Real Deal has learned, meaning Town will no longer act as the exclusive leasing agent for a large segment of Moinian’s residential portfolio.

    Town, the firm founded in 2010 by Citi Habitats founder Andrew Heiberger, previously represented the Ocean at One West Street, 90W at 90 Washington Street and the Renaissance at 100 John Street, where Town Marketing and Leasing oversaw a rebranding this past June. Those associations have now ended, both Town and Moinian confirmed. [more]

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  • A day in the life: Joseph Moinian

    November 28, 2012 10:00AM

    Joseph Moinian

    From the November issue: 6:00 to 6:30 a.m.  I wake up between 6:00 and 6:30. I check the New York Post. If there are headlines that I like, I will read the full version later on my iPad in my car. I also like to watch international news when I’m getting ready, like the BBC and Al Jazeera.

    7:00 a.m.  I only eat breakfast about three times a week, egg whites with maybe some tomato or grilled onions. I also drink a skim latte from Starbucks every day, without sugar, because I like the bitterness. I bring it with me to the office and it stays on my desk until it gets cold. Joe’s entire system is on-the-go. [more]

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  • From left: Jovani Rampersad, Jonathan Tootell and 450-460 Park Avenue South (credit: PropertyShark)

    OfficeLinks, the workspace, meeting facility and virtual office service provider, has inked a 10-year lease for 14,000 square feet at Joseph Moinian’s 450-460 Park Avenue South, Crain’s reported. This marks the OfficeLinks’ fifth location in Manhattan and its second space taken at a Moinian property. [more]

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  • From left: Jovani Rampersad, Chris Hughes and 60 Madison Avenue

    The New Republic, the Washington, D.C.-based magazine of politics and culture, has inked a 3,750-square-foot lease at 60 Madison Avenue, according to a Moinian Group announcement released today. Jovani Rampersad, commercial leasing director at Moinian represented the owner; Elie Reis of Rice & Associates represented the tenant in the transaction. The office will be used for executive and editorial purposes. [more]

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  • From left: the Atelier, a rendering of 605 West 42nd Street and Joseph Moinian

    The managers of the luxury condominium Atelier is suing the Moinian Group — alleging that the developer used funds from the West Side property to help complete an adjacent West 42nd Street tower.

    The Costas Kondylis-designed Atelier, located at 635 West 42nd Street, has 478 residential units, and sits right next to the site of Moinian’s planned luxury tower at 605 West 42nd Street, which will have 970 apartments and 100,000 square feet of retail space. [more]

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  • SL Green President Andrew Mathias and 180 Maiden Lane

    The disastrous finances of the American International Group might finally weigh on the Manhattan real estate market. The insurer is considering vacating its 800,000-square-foot lease at 180 Maiden Lane, Bloomberg News reported, a 1.2 million-square-foot tower owned by SL Green Realty and the Moinian Group. AIG has cut its workforce by more than half, to 57,000, in the last three years and has begun selling units in an effort to pay back the $182.3 billion taxpayer bailout it accepted during the financial crisis. [more]

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  • From left: Jeff Winick, Lori Shabtai and 3 Columbus Circle

    Winick Realty has been tapped to represent 36,000 square feet of retail space available at 3 Columbus Circle on behalf of SL Green Realty and the Moinian Group, the brokerage announced yesterday on its website. The space encompasses two floors: 6,300 square feet on the first and 29,700 square feet on the second. [more]

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  • From left: Joseph Moinian, 535-545 Fifth Avenue (building credit: PropertyShark) and Jeff Winick

    Even as more retailers appear to be downsizing, Joseph Moinian is working to combine 84,000 square feet of retail space on a full Fifth Avenue block. The New York Post reported that the Moinian Group head is unifying the retail space in the ground floor of the office building at 535-545 Fifth Avenue, between East 44th and East 45th streets. [more]

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  • From left: Starwood CEO Barry Sternlicht, Moinian Group CEO Joseph Moinian and a rendering of 237 West 54th Street

    Developer Joseph Moinian and partner Starwood Capital Group paid $6.125 million to the Shubert Organization for 25,000 square feet of air rights that will be used for the development of a hotel at 237 West 54th Street, a source familiar with the deal said. [more]

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