Search
Copyright © 2024 ALM Global, LLC. All Rights Reserved.
Rendering of 3 Hudson Boulevard/ Photo credit: FXFOWLE NEW YORK CITY—New York Governor Andrew Cuomo and developer Joseph Moinian launched the official ground breaking of the Moinian Group’s two-billion-dollar, 53-story, two-million-square-foot office tower, 3 Hudson Boulevard.
With the infrastructure work on the 34th Street 7 train station complete, the tower construction, on top of one of the subway entrances, can begin.
“The groundbreaking of 3 Hudson Boulevard is another significant step in developing the Hudson Yards District and attracting new businesses and investments to the Far West Side of Manhattan,” Governor Cuomo said. “The Moinian Group’s investments in the state-of-the-art tower will support New York’s construction workers, and provide space for future tenants, as we continue supporting the economic development of the entire region.”
At Friday’s ceremony, Moinian said he’s in the midst of the paperwork involved in arranging for EB-5 investors, who may come from China or India. He is working on attracting $250 million to $500 million through the program. However, he notes his company is at the beginning of the process and does not have a number of EB-5 investors committed.
*May exclude premium content
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Assessment
Sponsored by Cherre
Data Management Scorecard: A Health Check for Your Data Management Capabilities and Challenges
CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.
Assessment
Sponsored by Cherre
Data Management Scorecard: A Health Check for Your Data Management Capabilities and Challenges
CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.
Assessment
Sponsored by Cherre
Enabling Stakeholder Confidence in Your Data: A Self-Assessment for Real Estate Organizations
Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.
Copyright © 2024 ALM Global, LLC. All Rights Reserved.
Sign In
Sign In
