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Share The Moinian Group and Life Time today announced the exclusive access opening of Life Time Battery Park for residents of Ocean at One West Street, the developer’s high-rise multifamily property in Battery Park . It will open to the public for memberships later this spring. The new, 12,000 s/f Life Time destination is a boutique-style concept for the high-end healthy lifestyle brand, featuring group fitness and cycle studios in addition to its signature Alpha studio, with a state-of-the-art cardio and strength equipment offering. Life Time Battery Park, located at One West Street, follows the recent opening of Life Time 23rd Street. Life Time Battery Park is the second Life Time location within The Moinian Group’s portfolio adding to Life Time Sky, the largest and first Life Time location in Manhattan. Life Time is planning to open five additional locations in NYC between now and 2022, including Life Time NoHo, which will also open later this spring.
Renaissance Tower investors say lender transfer of Dallas skyscraper was consensual New York-based Moinian Group had owned the downtown high-rise since 2006. The top of Renaissance Tower gleams in the sun. It's one of downtown Dallas' biggest buildings.(Jeffrey McWhorter / Special Contributor) New York investors that owned one of downtown Dallas’ largest skyscrapers say they have recapitalized the building, two months after lenders took control of the property. In January, ownership of the 56-story Renaissance Tower was transferred to a company headed by Manhattan-based lender Square Mile Capital after investors in the building defaulted on more than $100 million in debt. The 1.7 million-square-foot office high-rise — one of Dallas’ largest — had previously been scheduled for foreclosure.
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 now, seven months later, that number has spiked to $7 million. While Moinian claims that the store has broken its lease by not paying rent, the store claims that the Covid-19 pandemic has made it impossible to operate.