The Rockefeller Group has lured an executive from Hines to oversee its residential, office and mixed-use development projects.
Daniel Moore is stepping in as executive vice president and head of urban development at Rockefeller’s headquarters at 1221 Sixth Avenue, the Commercial Observer reported. Moore, who has worked at Texas-based Hines for 16 years, most recently served as managing director in the company’s Washington D.C., office. Moore replaces Daniel Rashin, who was promoted to co-CEO in January.
“Dan is a highly experienced development and investment management professional with the right combination of leadership and vision to help the Rockefeller Group grow our pipeline and deliver best-in-class properties in and around the major metro regions,” Rashin said in a statement.
Rockefeller currently has a few projects underway in New York City, including the $1 billion mixed-use development Flushing Commons in Queens, which it is co-developing with the F&T Group. The company is also redeveloping 1221 Sixth Avenue and 1271 Sixth Avenue. In April, The Real Deal reported that Canada Pension Plan is shopping around its minority stake in 1221 Sixth Avenue. The Rockefeller Group owns a 55 percent stake in the office tower. [CO] — Kathryn Brenzel