The Real Deal New York

Moinian Group seeks investor for
3 Hudson Boulevard, boots Avison Young

Developer redesigns tower, increases floorplates
November 01, 2017 08:32AM

Joe Moinian, a rendering of 3 Hudson Boulevard (credit: FXFOWLE) and JLL’s Peter Riguardi

The Moinian Group hired JLL to line up an investor and office tenants for Its 3 Hudson Boulevard development on Manhattan’s Far West Side.

The brokerage is replacing Avison Young, which has handled leasing for the past few years. Moinian secured a ground loan for the site at 34th Street and 11th Avenue in 2014 and announced plans for a 1,000-foot-tall, 1.5-million-square-foot office tower.

A groundbreaking is scheduled for Friday, but the developer has yet to secure an an anchor tenant.

Moinian also decided to redesign the tower, making it larger overall but shorter, the New York Post reported. New plans call for a 940-foot-tall tower spanning 2 million square feet.

According to the Post, the sought-after investor could be either an office user that wants to buy its own floors or a more conventional equity partner. [NYP] — Konrad Putzier