In June, the Moinian Group announced its plans for 3 Hudson Boulevard, a 1,000-foot-tall, 1.8 million-square-foot tower between West 34th and West 35th Streets in Hudson Yards. Designed by Dan Kaplan of FXFOWLE, the property will include 1.5 million square feet of office space, 22,000 square feet of retail and possibly as much as 300,000 square feet of residential space. The man behind the Moinian Group project is Oskar Brecher, the company’s vice president and director of development. Across the United States, Mr. Brecher and his team are involved with nearly 10 million square feet of development. The Commercial Observer spoke with Mr. Brecher at his firm’s 3 Columbus Circle office, where he described the 3 Hudson Boulevard project envisioned by the Moinan Group, headed by CEO Joseph Moinian.
Last evening, throngs of Manhattan’s most eligible brokers, entrepreneurs and house hunters peopled The Renaissance’s expansive rooftop terrace at 100 John Street. Against jaw-dropping views of the Manhattan skyline, patrons clad in Fendi eyewear and Hermes neckties were keen on keeping the cocktail waitresses busy, but it wasn’t just the drink of the evening that Read More
Gregg Weisser knows how to handle a hot house. The newly anointed executive managing director of the Moinian Group, and volunteer fireman with the Kismet Fire Department in Fire Island, New York, is no stranger to putting out fires, be it a burning beach house or as a director of leasing across some of the city’s most notable addresses. As the real estate director of JPMorgan Chase, where he had worked for over 20 years, Mr. Weisser closed a million and a half feet of empty space in 1 New York Plaza.
On the Market
Brokerage firm Colliers International has been named the exclusive leasing agent for 245 Fifth Avenue, a Midtown South building co-owned by The Moinian Group and Thor Equities.
The 303,000-square-foot Class A building has received pre-build improvements to its mid-level and tower floors, which will have an added emphasis on high-end finishes and glass front offices, the company said in a press release. Sizes for those floors range from 2,000 to 9,000 square feet.
It’s a veritable debutante ball for the spruced-up retail space at 1270 Lexington Avenue that will be coming to market for the first time in 30 years, The Commercial Observer has learned.
Joseph Moinian’s kingdom was assembled in a flurry of activity over the past decade, like a conquering warlord besieging New York City, overtaking some of the most valuable commercial properties. But like Alexander the Great or Napoleon Bonaparte, he overextended the empire, imperiling much of it when the recession hit. Yet thanks to an unlikely savior in SL Green, Mr. Moinian has managed to hold on to many of his most prized possessions,
If whipping out a crumpled coupon following dinner at Le Cirque doesn’t exactly appeal, this might be the start-up for you. E-coupon innovator Village Vines has landed its first grown-up office.
“When we went to see the space, it helped that the agent said, ‘I know what you guys are. I just used you!’” the tenant’s broker, Elliot Warren of The Kaufman Organization, told The Observer. Village Vines then successfully landed its first 2,500-square-foot permanent digs near Union Square for five years at 37 West 17th Street.
The company is less than a year old, so for the less technologically inclined, he explained the concept thusly:
On Nov. 15, Stephen Ross, chairman of the Related Companies and owner of the Miami Dolphins, strode into Room 238 of the New York State Supreme Court, four minutes after litigation over 3 Columbus Circle was slated to begin. A dozen lawyers waited around a square table in the center of the room, rattling gold Read More
530 Fifth Avenue
Booze juggernaut Diageo North America has leased 56,156 square feet at 530 Fifth Avenue, taking the entire fourth floor and part of the third for five years. The Connecticut-based company has more than 20,000 employees in 80 countries and produces a variety of spirits wine and beer. Guinness, anyone? Read More
You can have it if you want it … and have $105 million to spend.
The dun-colored, 23-story 475 Fifth Avenue, which lender Barclays Capital earlier this year took back from Westbrook Partners and embattled developer Joseph Moinian, is now quietly letting it be known that it will part ways with the office Read More