Joseph Moinian

Over the last year, the Moinian Group has made significant progress across its leasing, capital markets and development businesses.

“We signed more than 155,000 square feet of leases across our Midtown South portfolio,” Joseph Moinian said in a statement. “At the same time, we strengthened the financial position of our portfolio through a series of strategic financings, refinancing more than $1 billion in asset value across multiple properties.”

In January 2026, the firm closed a $310 million refinancing of 535–545 Fifth Avenue, an office property in Midtown Manhattan.

“This was a significant milestone that reflects both the strength of the asset and continued confidence from lenders in prime Midtown office properties,” Moinian said.

The firm’s residential business has been going strong over the last year as well, including Moinian’s two most notable residential projects the Aria at 7 Platt Street — one of the firm’s last residential projects delivered under New York state’s old 421a property tax abatement program — and 17 Battery Place, an office-to-residential conversion. Both are in Lower Manhattan.

“At Aria 7 Platt, we launched leasing for a 38-story, 250-unit luxury residential development in the Financial District, bringing a new collection of residences and amenities to one of Manhattan’s most transit-connected neighborhoods,” Moinian said. “At 17 Battery Place, we are advancing the adaptive reuse of approximately 150,000 square feet of underutilized office space into 220 new residential units, including 55 permanently affordable homes.”

A central part of Moinian’s long-term development strategy is its work on Manhattan’s far West Side, where the firm is collaborating with BXP on an office tower at 3 Hudson Boulevard, which will be a massive 1.9 million square feet when finished.

Moinian is also working alongside BXP and BRP Companies on another Hudson Yards project, known as Site K — a state-owned vacant lot at 418 11th Avenue. Together the firms will develop a mixed-use project, adjacent to the Javits Center, that is expected to deliver new housing as well as hospitality and community space.

“One of the most rewarding aspects of our work over the past year has been seeing the continued diversity of companies and residents choosing to make our buildings their home,” Moinian said. “Whether welcoming new tenants across our office portfolio or launching leasing at new residential developments, these moments reinforce the long-term vision that guides our work.”