The Moinian Group completes leases totaling 50,153 s/f at two of its buildings

"The Moinian Group, an owner of more than 20 million s/f of office, residential, retail and hotel properties throughout the U.S. and abroad, inked 50,153 s/f in new leases for Zaralo LLC, Ameriprise International Services and HDR," said Daniel Gohari, vice president & director of commercial assets. Zaralo LLC, a women's clothing firm, signed a 24,049 s/f lease at 500 Seventh Ave. Grant Greenspan & Michael Heaner of the Kaufman Org. represented Zaralo in the negotiations. Mathew Feigen of Newmark Knight Frank represented the ownership. Ameriprise International Services, a leading financial advisor, signed a new 14,904 s/f lease at 530 Fifth Ave., (shown). CB Richard Ellis' Michael Liss represented Ameriprise, while Newmark Knight Frank's Howard Kessler and Adam Haber represented The Moinian Group. HDR, an engineering and design firm, inked a new 11,200 s/f lease at 500 Seventh Ave. HDR was represented by Paul Formichelli and Bob Bundy of Staubach Realty and Erick Schmall of Studley. Mathew Feigen of Newmark Knight Frank negotiated on behalf of the ownership, the Moinian Group. The Moinian Group is one of the industry's most active development firms, with a portfolio totaling more than 20 million s/f of commercial, industrial, residential, retail and hotel properties throughout the U.S. and abroad. The company has one of 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.