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THE MOINIAN GROUP PLANS TO REDEVELOP 1775 BROADWAY

NEW YORK CITY — The Moinian Group plans to redevelop 1775 Broadway, a 26-story, 722,000-square-foot property in Manhattan, New York City. The $60 million redevelopment will consist of a refurbished façade as well as a new lobby and elevators. The approximately 500,000-square-foot property will also be renamed 3 Columbus Circle. Jimmy Kuhn, Michael Dreizen and Andrew Udis of Newmark Knight Frank will handle the marketing of the new space. The redevelopment is slated for completion first quarter 2009.

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