Moinian fights back against bad press

Fighting back against a torrent of unflattering press last week, Joseph Moinian took to Steve Cuozzo’s column in the New York Post to set the record straight. Moinian told Cuozzo that he is “100 percent current” on loan payments for the Ocean, 17 Battery Park North and 180 Maiden Lane. Last week, Crain’s reported that Moinian was $90 million behind on payments at the Ocean and that he had admitted he’d miss loan payments on the two Downtown office buildings. “I never said that,” Moinian said. That the loans have been referred to a special servicer was a “routine” step, Moinian argued, noting law firm Stroock & Stroock & Lavan’s recently renewed 225,000-square-foot lease at 180 Maiden Lane. Sources said the deal was probably in the high $40s to low $50s.
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