The Moinian Group announced that it will reaquire 20-percent ownership of Sky.
Life Time, which is on a long-term lease with The Moinian Group, has opened an outpost in the Financial District.
“Brooklyn is a thriving, eclectic borough that attracts some of the most creative minds and hardest workers,” said Joseph Moinian, founder and CEO of The Moinian Group. “Now more than ever it’s important to deliver high-quality residential projects in the outer-boroughs where people can live well and safely, with neighborhood amenities that improve their quality of life.”
Joseph Moinian was honored on City & State New York's 2020 Real Estate Power 100 list. Joseph was recognized for assembling a prestigious portfolio of high-end properties and hotels since founding The Moinian Group in 1982.
A group of New York City's largest landlords announced Friday they will not pursue evictions for the next 90 days in response to the coronavirus pandemic. The landlords who made the announcement represent more than 150,000 rental units in New York. The landlords and the Real Estate Board of New York, a trade group, pledged the pause on evictions in an open letter to their tenants. "No one knows how bad the impact of the COVID-19 virus will be," the letter reads. "We want to do our share too. As owners and managers of more than 150,000 rental apartments in the City, we will help our residents weather this crisis safely in their homes."