C&W, NKF and CBRE lease 52,115 s/f on behalf of Moinian Grp.

The Moinian Group signed 52,115 s/f in lease renewals and expansions throughout their Manhattan portfolio recently according to Daniel Gohari, vice president & director of commercial assets. GT Systems, an information technology provider, signed a 26,102 s/f renewal and expansion of their current space at 295 Madison Ave. ABS Capital Partners' James Casely negotiated on behalf of GT Systems. Mitchell Konsker, Matthew Astrachan, Mitch Arkin and Mikael Nahmias of Cushman & Wakefield (C&W) represented the ownership. Studio Ray, a wholesaler of sporting and other recreational goods, renewed and expanded a 17,431 s/f lease at 512 Seventh Ave. Mathew Feigen and Michael Dreizen of Newmark Knight Frank (NKF) negotiated on behalf of The Moinian Group. Ascent Media Group, one of the world's largest providers of integrated global services for the creation, management and distribution of media content, renewed an 8,582 s/f lease at 545 Fifth Ave. Ivan Hillman of CB Richard Ellis (CBRE) represented Ascent Media Group. Keith Caggiano and Sinclair Li, also of CBRE, represented The Moinian Group. The Moinian Group is widely regarded as one of the industry's most active development firms, boasting a portfolio totaling more than 20 million s/f 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 s/f of office, residential, retail and hotel properties throughout the U.S. and abroad, including 13 million s/f 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 Ln. 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.