Fortuna Realty Group is a real estate investment and development company with a focus on hospitality and multi-family assets. The firm was founded in 1984 by Morris Moinian with its first acquisition, 1489 First Avenue. It has since expanded to other hotels and properties in Manhattan, as well as the Loews Paradise Island Hotel in the Bahamas (which it sold in 1999) and the Hyatt Orlando Resort. The firm has been particularly active in hotels, owning the Hotel Hugo and the Indigo Hotel Chelsea. In 2012 the firm purchased Long Islands historic Garden City Hotel for approximately $91 million, snagging the hotel from the Nelkin family. In 2015 Fortuna purchased the Wyndam Garden hotel in the Flatiron district for $60 million, outbidding other companies such as Bridgeton Acquisitions. Fortuna also has kept a presence in the Caribbean, owning the Sugar Bay Resort and Spa in the U.S. Virgin Islands.
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527 Madison Avenue, New York, NY, (212) 922-1220
- Event Financing
- Address 127 West 28th Street
- Neighborhood Chelsea
- Borough Manhattan
- Price $ 50,800,000
- Publication Date 12/16/2018
- Event Date 12/14/2018
- Party 1 Fortuna Realty Group
- Party 2 Morgan Stanley
- Event Financing
- Address 120 Water Street
- Neighborhood Financial District
- Borough Manhattan
- Price $ 40,000,000
- Publication Date 12/16/2018
- Event Date 12/11/2018
- Party 1 Atlas Hospitality, Fortuna Realty Group
- Party 2 Bank America Merrill Lynch
- Event Sales
- Address 364 West 18th Street
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 57,000
- Price $ 33,800,000
- Price per foot $ 592.98
- Publication Date 04/01/2012
- Event Date 02/21/2012
- Party 1 Fortuna Realty Group
- Party 1 Brokerage Eastern Consolidated
- Party 1 Broker Azita Aghravi, Brian Ezratty, Paul Nigido
- Party 2 Stonehenge Partners
- Party 2 Brokerage Eastern Consolidated
- Party 2 Broker Azita Aghravi, Brian Ezratty, Paul Nigido
- Event Sales
- Address 422 Saint Nicholas Avenue
- Neighborhood Central Harlem
- Borough Manhattan
- Square feet 11,100
- Price $ 1,810,000
- Price per foot $ 163.06
- Publication Date 09/01/2011
- Event Date 07/23/2011
- Party 1 Fortuna Realty Group
- Party 1 Brokerage Ariel Property Advisors
- Party 2 King Penguin Properties
- Party 2 Brokerage In-house
- Event Retail Leasing
- Address 114 Ninth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 950
- Publication Date 08/01/2009
- Event Date 06/22/2009
- Party 1 Fortuna Realty Group
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Jeff Winick, Lori Shabtai, Monica Kass, Joshua Singer
- Party 2 Subway
- Party 2 Brokerage Winick Realty Group
- Party 2 Broker Josh Singer
- Event Sales
- Address 112 Ninth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 57,000
- Price $ 31,400,000
- Price per foot $ 550.88
- Publication Date 01/01/2008
- Event Date 11/22/2007
- Party 2 Fortuna Realty Group
- Event Sales
- Address 210 West 109th Street
- Neighborhood Morningside Heights
- Borough Manhattan
- Price $ 8,250,000
- Publication Date 12/01/2007
- Event Date 10/22/2007
- Party 2 Morris Moinian, Fortuna Realty Group
- 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
- Publication Date 12/01/2007
- Event Date 10/22/2007
- Party 1 Fortuna Realty Group
- Party 1 Brokerage GFI Realty Services
- Party 1 Broker Roni Abudi, Dan Suissa
- Party 2 Morris Moinian
- Party 2 Brokerage GFI Realty Services
- Party 2 Broker Shawn Sadaghati
- 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
- Publication Date 12/01/2007
- Event Date 10/22/2007
- Party 1 Brokerage Eastern Consolidated
- Party 1 Broker Eric Anton, Ronald Solarz, David Johnson
- Party 2 Morris Moinian, Fortuna Realty Group
- Event Sales
- Building Name Dylan Hotel
- Address 52 East 41st Street
- Neighborhood Grand Central
- Borough Manhattan
- Price $ 78,000,000
- Publication Date 07/01/2007
- Event Date 05/22/2007
- Party 1 Morris Moinian, Fortuna Realty Group
- Party 2 Hotusa Group, Losan Hotels World
26 WEST 39TH LLC
26 WEST 39TH LLC