The Moinian Group has topped off their 13 story, mixed-use development at 572 Eleventh Avenue in Hell's Kitchen after breaking ground just over 1 year ago in April 2016. The contemporary building will feature 164 residential units is designed by award-winning architectural firm CetraRuddy. Residential units will average 760 SF and will feature interiors by HM White. The total buildout will span 178,857 SF and rise 144'. 572 Eleventh Avenue is located between 43rd and 44th streets will feature 10,827 SF of ground-floor retail. Completion is expected in 2018.
The Moinian Group has played a major role in the reshaping of 11th Avenue, Hell's Kitchen and Manhattan's West Side. The area is one of Manhattan's quickest developing neighborhoods which features The Related Companies' Hudson Yards development as well as the ODA designed Charlie West. Over the years Joseph Moinian, founder of The Moinian Group, became one of the largest landowners on 11th Avenue with a portfolio that featured over 5 acres and 4 million SF of buildable SF.
“As early developers on the Far West Side, we’re excited to start our next chapter at 572 11th Avenue. At The Moinian Group, we’ve invested in numerous evolving neighborhoods that have become some of the most desirable addresses in New York City – from the Financial District to Columbus Circle – and Hudson Yards is well on its way to becoming a vibrant, 24/7 district to live, work and play. We’re looking forward to helping to meet the demand for additional residential units in the area, and to the neighborhood’s continued growth and success,” said Joseph Moinian, CEO of The Moinian Group.