Moinian Group Breaks Ground on 200,000 SF Spec Office Project in Manhattan

NEW YORK CITY — Locally based developer The Moinian Group has broken ground on The Hudson Arts Building, a 200,000-square-foot speculative office project in Manhattan. The project was originally announced in February 2020, but construction was delayed, making it Manhattan’s first office building to be developed on a speculative basis since the COVID-19 pandemic began. Designed by Studios Architecture, the 10-story building will be located across the street from the Hudson River in the Chelsea neighborhood. The building will offer a lounge area, fitness center, dog park, dedicated bicycle room and shower area and 15,250 square feet of outdoor amenity space, including a 12,400-square-foot rooftop terrace. The development team expects the first tenants to be able to take occupancy by early 2024. JLL will market the property for lease.