Moinian Grp. completes 52,115 s/f in Manhattan

The Moinian Group signed 52,115 in lease renewals and expansions throughout their portfolio according to Daniel Gohari, VP and director of commercial assets. GT Systems signed a 26,102 s/f renewal and expansion at 295 Madison Ave. ABS Capital Partners' James Casely negotiated for GT Systems. Mitchell Konsker, Matthew Astrachan, Mitch Arkin and Mikael Nahmias of Cushman & Wakefield represented the ownership. Studio Ray renewed and expanded a 17,431 s/f lease at 512 Seventh Ave. Mathew Feigen and Michael Dreizen of Newmark Knight Frank negotiated for Moinian. Ascent Media Group renewed for 8,582 s/f at 545 Fifth Ave. Ivan Hillman of CB Richard Ellis represented Ascent and Keith Caggiano and Sinclair Li, of CB Richard Ellis, represented Moinian. 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.