Joe Moinian might get good phone service for some time to come, as Verizon (VZ) has renewed a lease for 37,092 square feet at the Moinian Group’s 90 John Street downtown. Verizon was represented by Jennifer Schwartzman and David Noonan of Newmark Knight Frank, while Adam Leshowitz of Newmark Knight Frank represented Moinian.
Release below:
MOINIAN GROUP LEASES 37,092 SF AT 90 JOHN STREET
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(New York, NY—January 4, 2008) — The Moinian Group, an owner of more than 20 million square feet of office, residential, retail and hotel properties throughout the U.S. and abroad, renewed a 37,092 SF lease for Verizon at 90 John Street in New York. Daniel Gohari, Vice President & Director of Commercial Assets, made the announcement.
Newmark Knight Frank’s Jennifer Schwartzman and David Noonan represented Verizon, an international telecommunications firm, in the transaction. Adam Leshowitz, also of Newmark Knight Frank, represented the Moinian Group.
Acquired by the Moinian Group in 1995, 90 John Street offers 24/7 access, on-site management, an in-house parking garage and access to all public transportation. Tenants in the 29-story property include Food Bank of New York, Merritt & Harris and Gold’s Gym.
The Moinian Group is widely regarded as one of the industry’s most active development firms, boasting a portfolio totaling more than 20 million square feet of commercial, industrial, residential, retail and hotel properties throughout the U.S. and abroad. Currently, The Moinian Group holds a portfolio of more than 20 million square feet of office, residential, retail and hotel properties throughout the U.S. and abroad, including 13 million square feet in Manhattan. The company has the most extensive private acquisitions in the country, including trophy buildings like the Downtown Club in Lower Manhattan, formerly known as the Downtown Athletic Club and home to the Heisman Trophy, the Sears Tower in Chicago and Continental Towers at 180 Maiden Lane in Downtown Manhattan. Its team of seasoned professionals, hands-on management style and a strategic approach to investment and growth has armed the firm with the tools necessary to take advantage of the unique opportunities available in the real estate marketplace.
