The Moinian Group
 | |
| Privately Held Company | |
| ISIN | 🆔 |
| Industry | Real Estate |
| Founded 📆 | 1982 |
| Founder 👔 | Joseph Moinian |
| Headquarters 🏙️ | New York City |
Area served 🗺️ | New York, Miami, Dallas, Los Angeles |
Key people | Joseph Moinian, Founder and Chief Executive Officer |
| Total assets | US $8 Billion (2011) |
| Members | |
Number of employees | |
| Subsidiaries | Currency M Moinian Capital Partners |
| 🌐 Website | Moinian.com |
| 📇 Address | |
| 📞 telephone | |
The Moinian Group is a privately-owned real estate development firm based in New York City. Founded in 1982 by Joseph Moinian, The Moinian Group is among the few national real estate entities to develop, own and operate properties across every asset category, including office, hotel, retail, condominiums, and rental apartments.[1] Since its founding, The Moinian Group has grown to become one of the country’s largest privately held real estate firms, with a portfolio in excess of 20 million square feet, valued at over $8 billion.[2]
History
In 1982, Joseph Moinian founded The Moinian Group to invest in real estate, leveraging earnings from his apparel company to purchase buildings in Manhattan.[2] Moinian’s first acquisition was at 450-460 Park Avenue South, an office building located in Midtown South.[3]
Since 1982, The Moinian Group has grown into one of the largest privately-held real estate companies in the United States, with a portfolio of over 20 million square feet[2] across major cities including New York, Miami, Dallas, and Los Angeles.[4]
Real Estate Portfolio
Commercial Properties
- 3 Columbus Circle, Midtown, New York[5]
- 535-545 Fifth Avenue, Midtown, New York[6]
- 500-512 Seventh Avenue, Midtown, New York[7]
- 115 East 57th Street, Midtown, New York[8]
- 245 Fifth Avenue, Midtown South, New York[9]
- 450-460 Park Avenue, Midtown South, New York[10]
- 60 Madison Avenue, Midtown South, New York[11]
- 72 Madison Avenue, Midtown South, New York[12]
- West Gramercy, a portfolio of 6 buildings in Midtown South, New York[13]
- 17 Battery Place, Downtown, New York[14]
- 90 John Street, Downtown, New York[15]
- Willis Tower, Chicago, IL[16]
- 756 Broad Street, Newark, NJ[17]
- The International Jewelry Center, Los Angeles, CA[18]
- Renaissance Tower, Dallas, TX[19]
Residential Properties
- Sky, 605 West 42nd Street, Midtown West, New York[20] [21]
- Oskar, 572 11th Avenue, Midtown West, New York[22]
- Marc, 260 West 54th Street, Midtown West, New York[23]
- Atelier, 635 West 42nd Street, Midtown West, New York[24]
- The Residences at the W New York – Downtown, Downtown, New York[25]
- The Downtown Club, 20 West Street, Downtown, New York[26]
- 90W, 90 Washington Street, Downtown, New York[27]
- Ocean, 1 West Street, Downtown, New York[28]
- Renaissance, 100 John Street, Downtown, New York[29]
Hotels
- The W New York – Downtown[30]
- The Hilton Garden Inn, Midtown, New York[31]
- Hotel Mela, Midtown, New York[32]
- Sugar Bay Resort and Spa, St. Thomas, US Virgin Islands[33]
Development
The Moinian Group is currently developing numerous residential, office, and retail properties, including:
- 3 Hudson Boulevard, a 2 million square foot, Class A office tower in the Hudson Yards District, in collaboration with Boston Properties. The building will occupy the entire block between 11th Avenue and Hudson Boulevard Park, extending from West 34th Street to West 35th Street. Occupancy is expected to begin in 2023.[34]
- 123 Linden Boulevard, 467-unit luxury residential project in Brooklyn, New York.[35]
- 2 Washington Street, an office to residential conversion in Downtown, New York.[36]
- 220 11th Avenue, in Midtown West, New York.[37]
Lending and Venture Capital
The Moinian Group has recently expanded their operations into new areas of the real estate business, including lending and technology. [3]
Currency M
Currency M, led by Mitchell Moinian, is The Moinian Group’s venture capital arm, providing early-stage investment, support, and resources to innovators seeking to redefine the built environment. [3]
To date, Currency M has invested and partnered with 11 startups, including OnSiteIQ, rOcean, Paintzen, Knotel, Nestio, Ollie, The Well, Rhino, inDinero, Moved and TF Living.[38]
Moinian Capital Partners
In addition to Currency M, The Moinian Group recently launched Moinian Capital partners, which provides flexible financing solutions for premier commercial real estate projects throughout the United States. [3]
Moinian Capital Partners has committed close to $1 billion into the commercial real estate market.[3]
Recognition
The Moinian Group was named as New York City’s 5th most active real estate developer by The Real Deal in 2018.[39]
Additionally, Joseph Moinian was named #29 in the Commercial Observer’s Power 100: Commercial Real Estate’s Most Powerful Players.[40]
References
- ↑ "National Real Estate Development Group | Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ 2.0 2.1 2.2 "Joe Moinian". The Real Deal New York. Retrieved 2019-06-24.
- ↑ 3.0 3.1 3.2 3.3 3.4 May 20, The Moinian Group; Am, 2019 9:11 (2019-05-20). "The Moinian Group Branches Out: How Tech And Lending Augment Their Vast Portfolio". Commercial Observer. Retrieved 2019-06-24.
- ↑ Gregor, Alison (2006-05-21). "After a Buying Spree, It's Time to Develop". The New York Times. ISSN 0362-4331. Retrieved 2019-06-24.
- ↑ "3 Columbus Circle | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "535-545 Fifth Avenue | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "500-512 Seventh Avenue | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "115 E. 57th Street Galleria | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "245 Fifth Avenue | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "450-460 Park Avenue South Midtown | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "60 Madison Avenue | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "72 Madison Ave | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "West Gramercy | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "17 Battery North & South | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "90 John Street | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "Willis Tower Premier Corporate Office Building Chicago | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "756 Broad Street (NJ) | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "International Jewelry Center - Moinian". moinian.com. Retrieved 2019-06-24.
- ↑ "Renaissance Tower Commercial Property Leasing | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "Sky | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ Hughes, C. J. (2015-06-12). "A New Manhattan Rental Designed to Feel Like a Resort". The New York Times. ISSN 0362-4331. Retrieved 2019-06-24.
- ↑ "Oskar - Moinian". moinian.com. Retrieved 2019-06-24.
- ↑ "The Marc". moinian.com. Retrieved 2019-06-24.
- ↑ "Atelier Building Sold Out | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "The Residences at the W New York Downtown | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "The Downtown Club Sold Out | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "90W Luxury Apartments". moinian.com. Retrieved 2019-06-24.
- ↑ "Ocean Luxury Apartment Rental | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ "Renaissance Luxury Apartment Rental | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ Satow, Julie (2013-05-17). "A Trophy by a Tower". The New York Times. ISSN 0362-4331. Retrieved 2019-06-24.
- ↑ "Hilton Garden Inn - Moinian". moinian.com. Retrieved 2019-06-24.
- ↑ "Hilton Garden Inn - Moinian". moinian.com. Retrieved 2019-06-24.
- ↑ "Sugar Bay All Inclusive Resort St. Thomas | The Moinian Group". moinian.com. Retrieved 2019-06-24.
- ↑ July 23, Betsy Kim |; AM, 2018 at 10:07. "Boston Properties Joins the Moinian Group in Developing 3 Hudson Blvd". GlobeSt. Retrieved 2019-06-24.
- ↑ Andrew Nelson (2018-05-25). "123 Linden Boulevard Starts Rising in Flatbush, Brooklyn". New York YIMBY. Retrieved 2019-06-24.
- ↑ January 16, Betsy Kim |; AM, 2019 at 04:00. "Moinian Group's FiDi Conversion Gets $131.5M Loan". GlobeSt. Retrieved 2019-06-24.
- ↑ Londono, Vanessa (2019-06-16). "Permits Filed for 220 11th Avenue in Hudson Yards, Manhattan". New York YIMBY. Retrieved 2019-06-24.
- ↑ "Currency M". Retrieved 2019-06-24.
- ↑ "We ranked Manhattan's most active real estate developers". The Real Deal New York. 2018-02-19. Retrieved 2019-06-24.
- ↑ "The Power 100: Commercial Real Estate's Most Powerful Players". Commercial Observer. 2019-04-23. Retrieved 2019-06-24.
The Moinian Group
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