The Moinian Group Inks 50,153 SF

NEW YORK CITY-The Moinian Group inked 50,153 sf in new leases for Zaralo LLC, Ameriprise International Services and HDR. Daniel Gohari, VP and director of commercial assets tells GlobeSt.com that all three tenants will move in for immediate occupancy.

Zaralo LLC, a women’s clothing firm, signed a 24,049-sf lease at 500 Seventh Ave. Grant Greenspan & Michael Heaner of the Kaufman Organization represented Zaralo in the negotiations. Mathew Feigen of Newmark Knight Frank represented the ownership in the transaction. Gohari would not disclose taking rents or aggregate lease value, however he tells GlobeSt.com that Zaralo is leasing for 10 years and asking rents at the building are $45 per sf.