Page 7 - Moinian Group News Today

Lenders moving to take control of downtown Dallas skyscraper Renaissance Tower is one of Dallas’ biggest office high-rises. The 56-story Renaissance Tower on Elm Street, best known for its double X lighting and decorative towers on top, is downtown Dallas second-largest office building.(Jeffrey McWhorter / Special Contributor) A New York lender is taking control of one of Dallas’ biggest skyscrapers. The 56-story Renaissance Tower on Elm Street — best known for its double X lighting and d...

Joseph Moinian and the NBA Store at 545 Fifth Ave. (Google Maps, iStock) UPDATED, Jan. 15 2020, 4:15 p.m.: Talk about a foul: The NBA Store at 545 Fifth Avenue, which has remained closed throughout the pandemic, now owes $7 million to its landlord, the Moinian Group. The dispute is the basis of a lawsuit, first filed in New York State Supreme Court in June, by the landlord against NBA Media Ventures. At the time the suit was filed, the NBA owed the landlord nearly $1.9 million in back rent. But...

Share via Shortlink One New York Plaza, One Madison Avenue and 605 Third Avenue top the list of largest real estate loans. (Brookfield, Wikimedia Commons, Fisher Brothers)   The 10 largest Manhattan loans recorded in December totaled $2.1 billion, a slight decrease from November’s total. For the second month in a row (and the third time in four months), the biggest was a single-asset, single-borrower CMBS loan on an office building co-owned by Brookfield. The CMBS market produced thr...

Downtown Dallas skyscraper threatened with foreclosure sale Renaissance Tower is one of Dallas’ biggest towers, and it’s the largest foreclosure filing since the start of the pandemic. Downtown Dallas 56-story Renaissance Tower with its lighted towers on the roof is one of the citys biggest office buildings. The building is currently facing foreclosure after defaulting on its loans.(DMN files ) One of downtown Dallas’ largest skyscrapers is facing foreclosure — the largest foreclosure f...