{"id":1004099378,"date":"2014-06-26T06:26:44","date_gmt":"2014-06-26T14:26:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004099378"},"modified":"2022-12-08T18:34:00","modified_gmt":"2022-12-09T02:34:00","slug":"moinian-secures-loan-for-3-hudson-blvd","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/moinian-secures-loan-for-3-hudson-blvd\/","title":{"rendered":"Moinian Secures Loan for 3 Hudson Blvd."},"content":{"rendered":"<p><i>By Gail Kalinoski, Contributing Editor<\/i><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/3HB_Press_.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004099383\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/moinian-secures-loan-for-3-hudson-blvd\/3hb_press_\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/3HB_Press_.jpg\" data-orig-size=\"480,960\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"3HB_Press_\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/3HB_Press_.jpg?w=480\" class=\"alignleft size-medium wp-image-1004099383\" alt=\"3HB_Press_\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/3HB_Press_.jpg\" width=\"150\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/3HB_Press_.jpg 480w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/3HB_Press_.jpg?resize=150,300 150w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><\/p>\n<p>Plans for 3 Hudson Boulevard, the 1.8 million-square-foot tower being built by The Moinian Group in the Hudson Yards district on Manhattan\u2019s Far West Side, are moving forward with news that the developer has secured a land loan from AIG\u2019s Commercial Mortgage Lending Group.<\/p>\n<p>Details about the loan were not released.<\/p>\n<p>The LEED Platinum mixed-use skyscraper will occupy the entire block between 11<sup>th<\/sup> Avenue and Hudson Boulevard Park from W. 34<sup>th<\/sup> St. to W. 35<sup>th<\/sup> St. Designed by Dan Kaplan of FXFOWLE, the tower will rise more than 1,000 feet. It includes 48,000-square-foot floor plates on the podium level, 30,000- to 34,000-square-foot, column-free floor plates in the tower office floors, 11 foot-high-ceilings and floor-to-ceiling windows. Plans call for the skyscraper to have approximately 1.5 million square feet of Class A office space and 22,000 square feet of retail space. The highest floors may have another 350,000 square feet of Class A office space or up to 14 floors of luxury residences.<\/p>\n<p>The developer and its leasing agent, Avison Young, are continuing to attract interest from several large companies vying for the position as the anchor office tenant, according to a news release from The Moinian Group. The tower is across from the Javits Convention Center and at the entrance to the new 7 subway line extension.<\/p>\n<p>Joseph Moinian, founder of The Moinian Group, last year said construction of the skyscraper would cost $800 million to $900 million. He and Arthur Mirante, Avison Young tri-state area president, said rents would be starting at $85 per square foot and more than $100 for the higher floors.<\/p>\n<p>The tower will be part of the Hudson Yards district on the Far West Side bounded by W. 42<sup>nd<\/sup> St., Eight Avenue, W. 30<sup>th<\/sup> St. and Hudson River Park. The largest development is the $15 billion Hudson Yards project from Related Cos. and Oxford Properties Group. That 28-acre mixed-use development will eventually have more than 13 million square feet of retail, residential and office space, a hotel, a public school, parks and cultural offerings. The first office building, 10 Hudson Yards, is under construction. The 1.7 million-square foot-tower will be home to Coach Inc., L\u2019Oreal USA and SAP<a href=\"https:\/\/www.commercialsearch.com\/news\/featuredcontent\/breaking-news-time-warner-sells-1.1msf-office-space-to-related-cos\/1004089930.html\">. Time Warner Inc. plans to move its corporate headquarters to 30 Hudson Yards, a 2.6 million-square-foot skyscraper due for completion in 2019.<\/a><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/featuredcontent\/breaking-news-time-warner-sells-1.1msf-office-space-to-related-cos\/1004089930.html\">Tishman Speyer acquired several parcels in the Hudson Yards district where it plans a mixed-use tower<\/a> that could have up to 2.8 million square feet of space on a full block stretching from W.34<sup>th<\/sup> to W. 35<sup>th<\/sup> streets and from 10<sup>th<\/sup> Avenue to what will be Hudson Park and Boulevard. Brookfield Office Properties is developing Manhattan West, a 7 million-square-foot mixed-use project along Ninth Avenue and 33<sup>rd<\/sup> Street.<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/in-print-new-frontier\/1004096140.html\">Despite all the competition in the Hudson Yards district, Moinian told <i>Commercial Property Executive<\/i> in a recent magazine cover story that he was \u201cvery happy to be part of the effort that is happening.\u201d<\/a> He also noted that 3 Hudson Boulevard was fully entitled so the company is ahead of much of the other tower development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plans for 3 Hudson Blvd., the 1.8 million-square-foot tower being built by The Moinian Group in the Hudson Yards district on Manhattan\u2019s Far West Side, are moving forward with news that the developer has secured a land loan from AIG\u2019s Commercial Mortgage Lending Group.<\/p>\n","protected":false},"author":1068,"featured_media":1004099383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21825,21752,1600,21742,10],"tags":[],"class_list":["post-1004099378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-finance","category-mixed-use","category-new-york","category-latest","category-northeast"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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