Moinian taps new hire to head up sales at W

The Moinian Group has tapped new senior managing director Jacqueline Bayer to oversee Manhattan projects including sales at the soon-to-open W New York Downtown Hotel & Residences in Lower Manhattan and leasing at the commercial tower 3 Columbus Circle in Midtown. A 20-year real estate industry veteran, Bayer was most recently the president of JSF Development, focusing on mid-rise multi-family and single-family housing along New York City’s waterfront. Prior to that, Bayer was senior managing director of capital markets for Trammell Crow. The W New York Downtown Hotel and Residences, at 123 Washington Street, is a 58-story, mixed-use development consisting of a 217-key W Hotel and residential condominium apartments on the upper floors with private fitness and lounge amenities including a rooftop garden, as well as BLT Grill. The project has been one of the most high-profile condo and hotel projects in Lower Manhattan but it has incurred significant delays since construction began in 2006, with more than 30 full or partial stop-work orders. TRD