“Mondrian Park Avenue is an extraordinary asset, perfectly located in the heart of Manhattan at a time when tourists and local visitors are flooding back into the city,” said Jonathan Ofer, CEO, Global Holdings Management Group. “Moin Development did an incredible job converting this property into one of Park Avenue’s best hotels.”
Global Holdings previously held a senior mortgage loan on the property and completed the acquisition as part of a prior agreement with Moin Development.
The company’s portfolio includes more than 120 properties globally, totaling 10 million sq. ft. across residential, hotel and commercial assets, including more than 1,500 hotel rooms.
Tags: Eyal Ofer, Global Holdings Management Group, Jonathan Ofer, Moin Development, Mondrian Park Avenue
