Morris Moinian | The Real Deal New York

The Real Deal New York

trd topics
X


NAME


EMAIL


SUGGESTED
UPDATE


captcha

Please type the words that appear above
Than click SUBMIT
Morris Moinian

President
Fortuna Realty Group
527 Madison Avenue
New York, NY 10022
(212) 922-1220
Website
Morris Moinian

Morris Moinian is president at Fortuna Realty Group. Moinian, whose family is enmeshed in the real estate industry (his brother is famed developer Joseph Moinian, and his nephew Matthew is one of the heirs apparent to the empire), has made his name developing and renovating hotels. Moinian began his career as co-founder of Chattanooga Manufacturing, one of the largest women's apparel suppliers. More than a decade later, he began using his Chattanooga earnings to invest in real estate, focusing on residential buildings in Upper Manhattan. In 1995, Moinian switched completely to real estate (having already founded Fortuna Realty Group in 1984) and began developing hotels and resorts in New York and around the Caribbean. However, Moinian also branched out with a financial arm at Fortuna Funding, which originates loans, as well as indoor cycling studio Revolve, which he hopes to expand beyond its two locations in New York and Washington, D.C. Moinian is a board member of the Grand Central Partnership and the Sephardic Society of Manhattan.


Moinian
06/21/16
From the June issue’s “In their words” feature, a roundup of the funniest, pithiest and most insightful comments on real estate: To check out more...

05/12/16
...distress”: Witkoff 2. Top 10 biggest real estate projects coming to NYC 3. Morris Moinian wins auction for LES hotel site 4. Dayan’s Bonjour Capital...

Morry-Kalimian-Morris-Moinian-FB
05/10/16
...From left: 139-141 Orchard Street, Morry Kalimian and Morris Moinian and a rendering of the hotel Morris Moinian and his...

Moinian party
02/05/16
...nibbles at the Hotel Hugo, where Fortuna Realty Group president Morris Moinian entertained a small gathering of friends and associates, including architect...

Top permits thumb
11/12/15
...Clockwise from the top left: Morris Moinian, a rendering of the West Farms redevelopment in the South...

unnamed (6) thumb
11/04/15
Residential developers focused their activity on smaller projects outside of Manhattan this October, with permit activity heavily concentrated in Brooklyn. The three tallest residential plans filed...

Midtown-Roof-Collapse-feature
10/30/15
First published 11:27 a.m.: A demolition worker was killed Friday morning after the ceiling collapsed at a Midtown building under construction, according to news reports. Tags: fortuna...

unnamed
10/22/15
...Clockwise from top left: LLNYC cover star Nicole Miller; Morris Moinian, Amir Korangy, Joseph Moinian and Matthew Moinian; Stan Gale Jr...

1150 Sixth Avenue
10/08/15
...Renderings of 1150 Sixth Avenue (credit: Fortuna) (inset, from left: Morris Moinian and Ismael Leyva) Developer Morris Moinian’s Fortuna Realty Group...

Morris Moinian
05/08/15
...Morris Moinian and renderings of 25-27 West 38th Street Morris Moinian’s Fortuna Realty Group has partnered with Starwood Hotels &...

Morris Moinian
05/04/15
...From left: Morris Moinian and Ismael Leyva Morris Moinian’s Fortuna Realty Group has selected Ismael Leyva Architects to...

Bjarke Ingels FB
04/10/15
Celebrated architect Bjarke Ingels lightheartedly threw a bit of cold water on the egos of developers the other evening as he explained that his design...

wilf2
12/31/14
Leonard Wilf of Skyline Developers revealed plans for a 24-story Midtown residential project in permits filed with the city. Tags: bryant park, gene kaufman ...

15renwick-penthouse
10/17/14
Four residential projects are in the works along a block-long stretch of Renwick Street, between Canal and Spring streets, in Soho. One of the projects...

1150 Sixth Avenue
08/18/14
...Renderings for 1150 Sixth Avenue A first glimpse of Morris Moinian...

hotel-carter
04/09/14
A winning bidder in the acquisition of the well-weathered Hotel Carter in Times Square is expected to be selected as soon as next week. Tags:...

feat525-Greenwich-St_TOP
03/30/14
 The mogul behind Crown Group Hospitality is bringing a new celebrity-friendly lounge to the rooftop of Hotel Hugo at 525 Greenwich Street. Tags: Greenwich Village, NYC...

525-Greenwich-StFB
03/24/14
...Streeet's exterior and ground-floor lobby (Credit: Curbed) Fortuna Realty Group's Morris Moinian, in partnership with developer Matthew Moinian, will open the 122-key...

fortuna
03/04/14
...From left: Morris Moinian, 24-28 West 39th Street and Robert Shapiro Developer Fortuna Realty...

hotel-hugo
02/04/14
...From left: Rendering of Hotel Hugo at 525 Greenwich Street, Morris Moinian and initial rendering Fortuna Realty Group and hotelier Matthew Moinian...

From left: Town's Agostina Muro, Lindsey Owen and Melissa Van Damm
12/11/13
...Jeff Appel; developer Joe Sitt, an investor in Town; developer Morris Moinian; and, of course, scads of Town brokers from across the...

moinian-fb
10/15/13
...Morris Moinian and Havana Restaurant at 27 West 38th Street Developer Morris Moinian...

obeidfb
08/15/13
Gemini Real Estate Asset Management, the developer of the Gem and Jade hotels Downtown, has filed plans to build a 19-story Fashion District hotel at...

Interior shot of 45 East 74th Street
12/04/12
...shut it down, readies to sell the property’s lease 6. Morris Moinian’s Fortuna Realty Group sells two-building Morningside Heights portfolio to...

s-trump-bid-on-garden-city-hotel
07/06/12
...Garden City Hotel, which sold to a group led by Morris Moinian of the Manhattan-based Fortuna Realty Group in June, was also...
To see all, go to Advanced Search
  • Event Sales
  • Address 1150 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 48,000
  • Price $ 39,000,000
  • Price per foot $ 812.50
  • Publication Date 05/01/2012
  • Event Date 03/22/2012
  • Party 2 Morris Moinian
notes
The property sold for $39 million, the New York Post reported. The buyer plans to build a new hotel or office building on the site.
  • Event Sales
  • Building Name 112-126 Ninth Avenue
  • Address 112 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 60,000
  • Price $ 40,000,000
  • Price per foot $ 666.67
notes
The prewar building, which has 64 residential units and eight retail units, went into contract for $40 million. The property is expected to undergo major renovations and bring in new retail tenants.
  • Event Sales
  • Address 215 West 108th Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 31,425
  • Price $ 16,500,000
  • Price per foot $ 525.06
notes
The five- and six-story walk-up buildings sold for $16.5 million, or $525 per square foot. The price represents a capitalization rate of 5.7 percent and a gross rent multiple of 14.5. The units are primarily renovated two- and three-bedroom apartments; 31 units are free market. The properties have an additional 23,000 square feet of air rights. Includes 210 West 109th Street.
  • Event Sales
  • Address 210 West 109th Street
  • Neighborhood Morningside Heights
  • Borough Manhattan
  • Price $ 8,250,000
notes
The Upper West Side building sold for $8.25 million.
  • Event Sales
  • Building Name Dylan Hotel
  • Address 52 East 41st Street
  • Neighborhood Grand Central
  • Borough Manhattan
  • Price $ 78,000,000
notes
The two companies, both based in Spain, bought the hotel for $78 million.
  • Event Sales
  • Address 129 West 29th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 85,000
  • Price $ 26,000,000
  • Price per foot $ 305.88
notes
The elevator loft building sold for $26 million, or $302 per square foot. The buyer plans to upgrade it to a Class B property.
Manhattan, 10013
Morris Moinian, FORTUNA REALTY HOTEL SOHO LLC
...

unnamed (6) thumb
11/04/15
Residential developers focused their activity on smaller projects outside of Manhattan this October, with permit activity heavily concentrated in Brooklyn. The three tallest residential plans filed...
Manhattan, 10013
Morris Moinian, FORTUNA REALTY HOTEL SOHO LLC
...
MENU