The Moinian Group Acquires Interest in 3 Columbus Circle

The Moinian Group Acquires Interest in 3 Columbus Circle

  

Fried Frank acted as counsel to The Moinian Group in connection with its planned acquisition of the remaining ownership interest in 3 Columbus Circle from SL Green Realty Corp., which owned 48.9% of the property, for US$233 million. SL Green acquired its stake in 2011, and the two companies began repositioning the property as a Class A corporate building after renovations.

The Fried Frank team was led by real estate partner Robert Sorin and included tax partner Richard A. Wolfe, real estate associate Michael E. Hofer, and corporate real estate associate Andrew J. Ebersbach.

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