A 20-year veteran of commercial real estate, Bayer was most recently president of JSF Development LLC, which focused on mid-rise multifamily and single-family housing along New York City's waterfront. Before that five-year stint, she was senior managing director of capital markets for Trammell Crow Co.
Formerly known as 1775 Broadway, the one-time headquarters of Newsweek is undergoing a $60-million metamorphosis into 3 Columbus Circle. The Moinian Group bought the 26-story, 722,000 square-foot property for $130 million in 1999.
The W New York Downtown, by contrast, is all-new construction that topped out late last year. Its 58 stories will include a 217-key W Hotel, along with residential condominium apartments on the upper floors.
"We are extremely happy to welcome Jacqueline Bayer to the Moinian Group and look forward to her contributions to the successful leasing and sales at these exciting developments," says CEO Joseph Moinian in a release.
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Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
