Joseph Moinian
{{Infobox person
| name = Joseph Moinian
| image =
| caption =
| birth_date =
| birth_place = Tehran, Iran
| birth_name =
| nationality = American
| education =
| occupation = Real Estate Developer
| known_for = Founder and CEO of the Moinian Group
| networth =
| children =
| spouse = Nazee Moinian
|
| website = [http://Moinian.com Moinian.com]
}}
Joseph Moinian is an American investor, real estate developer, and philanthropist.{{cite web | url = http://thejewishvoice.com/2018/04/real-estate-magnate-premiere-philanthropist-joe-moinian-possibly-invest-100m-resuscitating-toys-r-us/ | publisher = The Jewish Voice | access-date = 5 June 2020 | title = Real Estate Magnate and Premiere Philanthropist Joe Moinian to Possibly Invest $100M in Resuscitating "Toys R Us"}} He is the founder and CEO of The Moinian Group, one of the largest privately held real-estate firms in the United States.[http://therealdeal.com/closings/joe-moinian/ The Real Deal: "Joe Moinian" By Candace Taylor] retrieved October 28, 2013{{cite web | url = https://commercialobserver.com/2019/11/at-decades-end-moinian-looks-back-on-10-years-of-expansion-innovation-and-success/ | publisher = Commercial Observer | title =At Decade's End, Moinian Looks Back on 10 Years of Expansion, Innovation, and Success | date = 4 November 2019 | access-date = 5 June 2020}}{{cite web | url = http://www.leadersmag.com/issues/2016.4_Oct/New%20York%20City/LEADERS-Joseph-Moinian-The-Moinian-Group.html | publisher = Leaders magazine | title = Creating Best-in-Class Luxury Living Experiences | access-date = 5 June 2020}} He owns and operates more than $10 billion of real estate across the country.
Early life
Moinian was born in Tehran, Iran to a Persian Jewish family. His father was also a real estate developer.{{Cite web|url=https://therealdeal.com/new-research/topics/company/moin-development/|title=Moin Development {{!}} TRD Research|website=therealdeal.com|access-date=2019-06-21}}{{Cite news|title= Joseph Moinian Pays $12.5 Million For Leon Black's Faena House Unit In Miami |newspaper=Jewish Business News|date= January 17, 2017|url=https://jewishbusinessnews.com/2017/01/17/joseph-moinian-pays-12-5-million-leon-blacks-faena-house-unit-miami/ |quote=Joseph Moinian was born in Teheran to an Iranian Jewish family.}} At the age of 17, Joseph Moinian immigrated to the United States by himself. Moinian graduated from Forest Hills High School and attendedThe City College of New York before embarking on a career in consumer retail and real estate.
Career
After arriving in the United States at the age of 17, Moinian began his first job working at a restaurant in Forest Hills, Queens.{{cite news | url = https://www.nytimes.com/2006/05/21/business/yourmoney/21sqft.html | work = The New York Times | title = After a Buying Spree, It's Time to Develop| date = 21 May 2006 | access-date = 5 June 2020 | last1 = Gregor | first1 = Alison }} Moinian's first business venture was in women's fashion. He used his knowledge of the textile business to create Billy Jack for Her, a successful women's apparel company named after the 1971 movie Billy Jack.
=The Moinian Group=
In 1982, Moinian founded The Moinian Group to invest in real estate, leveraging his earnings from his apparel company to purchase buildings in Manhattan.{{cite news | url = https://www.nytimes.com/2009/01/14/realestate/commercial/14joe.html | work = The New York Times | title = An Owner of Towers Walks a Tightrope| date = 14 January 2009 | access-date = 5 June 2020 | last1 = Pristin | first1 = Terry }} Joseph Moinian's first acquisition was 450-460 Park Avenue South, a nearly 200,000-square-foot office building located in Manhattan's Midtown South.{{cite web | url = https://therealdeal.com/2018/08/17/moinian-just-landed-a-loan-on-its-park-avenue-south-building/ | publisher = The Real Deal | title = Moinian just landed a loan on its Park Avenue South building| date = 17 August 2018 | access-date = 5 June 2020}}
Since 1982 The Moinian Group has grown into one of the largest privately held real estate companies in the United States, with a portfolio of over 20 million square feet across major cities including New York, Miami, Dallas, and Los Angeles.{{cite web | url = https://commercialobserver.com/2019/05/the-moinian-group-branches-out-how-tech-and-lending-augment-their-vast-portfolio/ | publisher = Commercial Observer | title = The Moinian Group Branches Out: How Tech And Lending Augment Their Vast Portfolio| date = 20 May 2019 | access-date = 5 June 2020}}[http://moiniangroup.com/corporate/about-us.php Moinian Group Website: Overview] {{webarchive|url=https://web.archive.org/web/20131103202700/http://moiniangroup.com/corporate/about-us.php |date=2013-11-03 }} retrieved October 28, 2013[http://observer.com/2011/09/kind-of-blue-joe-moinian-lives-the-3-columbus-circle-dream/?show=all The New York Observer: "Kind of Blue: Joe Moinian Lives the 3 Columbus Circle Dream" by Matt Chaban] September 20, 2011 The Moinian Group funds, develops, and owns properties in every major asset category, including office, hotel, retail, and residential.{{Cite web|url=https://moinian.com/about-us/board-of-directors/|title=Board of Directors, CEO Joseph Moinian Bio {{!}} Moinian Group|website=moinian.com|access-date=2019-02-26}}[http://observer.com/2011/07/joseph-chetrit-the-most-mysterious-big-shot-in-new-york-real-estate/ New York Observer: "Joseph Chetrit, the Most Mysterious Big Shot in New York Real Estate" by Tom Acitelli] July 5, 2011[http://www.rew-online.com/2012/03/14/joe-moinian-how-i-survived-the-slump/ Real Estate Weekly: "Joe Moinian: How I survived the slump" By Al Barbarino] {{Webarchive|url=https://web.archive.org/web/20131103194645/http://www.rew-online.com/2012/03/14/joe-moinian-how-i-survived-the-slump/ |date=2013-11-03 }} March 14, 2012[https://www.bloomberg.com/news/2013-06-11/moinian-seeking-above-market-rents-for-hudson-yards-tower.html Bloomberg: "Moinian Seeking Above-Market Rents for Hudson Yards Tower" By David M. Levitt] June 11, 2013 Over 35 years Moinian led the investment, development, and management of 20 million square feet of real estate, including 3 Columbus Circle, 3 Hudson Boulevard, Hudson Arts Building, Sky, Oskar, PLG, 535-545 Fifth Avenue, Willis Tower, and The International Jewelry Center, among others.
Philanthropy
Moinian was chairman of the UJA-Federation of New York in 2010 and remains on its highest committee.{{cite web | url = https://www.ujafedny.org/news/bram-weber-receives-larry-a-silverstein-rex-award/ | publisher = UJA Federal New York| title = Bram Weber Receives Larry A. Silverstein Rex Award | access-date = 25 June 2020}} Moinian is a co-founder and board member of the National September 11 Memorial & Museum in Lower Manhattan, a nonprofit established in memory of the victims and heroes of the September 11 attacks. He donated roughly $5 million to the museum prior to its dedication in 2014.{{cite web | url = https://www.911memorial.org/about/board-trustees/joseph-moinian | publisher = 911 Memorial Organization | title = Joseph Moinian | access-date = 5 June 2020}}{{cite web | url = https://www.wsj.com/articles/SB10001424052748704103904575336911242322090 | publisher = The Wall Street Journal | title = Revival Near Ground Zero | access-date = 5 June 2020}}
Mr. Moinian is also a long-time supporter of The Special Children's Center in New Jersey, a service program for people with developmental disabilities and was the guest of honor at the organization's second-annual fundraiser. He also serves on the board of trustees for the Sephardic Heritage Alliance, dedicated to the support of Persian Jewish families’ and individuals’ preservation of its proud three-millennial cultural heritage. Moinian is a supporter of the Keshet Eilon Music Centre in Illinois.{{cite web | url = https://www.themarque.com/profile/joseph-moinian | publisher = The Marque | title = Joseph Moinian| access-date = 5 June 2020}}
Recognition
Moinian is a member of the Board of Governors of the Real Estate Board of New York. He also sits on the board of the Skyline Museum. In 2019, Moinian was ranked 29th in The Commercial Observer's Power 100: Commercial Real Estate's Most Powerful Players.{{cite web | url = https://commercialobserver.com/2019/04/the-power-100-2019/ | publisher = Commercial Observer | title = The Power 100: Commercial Real Estate's Most Powerful Players| date = 23 April 2019 | access-date = 5 June 2020}} In 2018, The Moinian Group was named Manhattan's fifth most active developer by The Real Deal, with 2.6 million square feet of development activity.{{cite web | url = https://therealdeal.com/2018/02/19/who-are-manhattans-most-active-developers/ | publisher = The Real Deal | title = We ranked Manhattan's most active real estate developers| date = 19 February 2018 | access-date = 5 June 2020}}
Personal life
Joseph Moinian is married to Nazee Moinian, also from Iran, whom he met when he was 26. They have five children. Joseph Moinian has two brothers, both in real estate.
Joseph Moinian is active in the Persian-Jewish community and is involved in the development of a Jewish temple in Midwood, Brooklyn and other synagogues in New York under construction.{{cite web | url = https://newyorkyimby.com/2017/12/permits-filed-for-moinians-1711-coney-island-avenue-midwood-brooklyn.html | publisher = New York Yimby | title = Permits Filed for Moinian's 1711 Coney Island Avenue, Midwood, Brooklyn| date = 26 December 2017 | access-date = 5 June 2020}}
References
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External links
- [http://www.cuny.tv/show/buildingny/PR1008279 City University of New York - The Stoler Report: "Joseph Moinian, The Moinian Group] October 10, 2006.
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Category:American people of Iranian-Jewish descent
Category:American businesspeople in real estate
Category:Businesspeople from New York City