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Real Estate Rumors: Moin, M. Fine Lumber, Principal

By Andrew McIntyre (August 23, 2017, 1:39 PM EDT) -- Moin Development has bought out its partner Sam Nazarian's stake in a New York Park Avenue South hotel just weeks before it is set to open, The Real Deal reported on Tuesday, citing sources with knowledge of the matter. Moin bought the developer's stake in Mondrian Park Avenue, a 189-room, 20-story hotel at 444 Park Ave. S. that's slated to open in September, The Real Deal said. The building had been a 15-story office building, it said....

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