Mori Trust Co Acquires Equinox Hotel At 35 Hudson Yards For $541 Million

The Equinox Hotel, located at 35 Hudson Yards in the Hudson Yards market, has been sold for $541,000,000. The property comprises approximately 490,000 square feet across floors 1–38 and achieved a price per square foot of $1,104.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $541,000,000
• Address: 35 Hudson Yards
• Market: Hudson Yards
• Asset Size: 490,000 SF
• Price per SF: $1,104
• Buyer: Mori Trust Co
• Seller: Eric Plesman - Oxford Properties Group & Jeff T. Blau - Related Cos
• Brokerage: Adam Spies, Douglas Harmon & Marcella Fasulo - Newmark

This transaction involved the sale of the Equinox Hotel portion of the property by Related Cos. and Oxford Properties to Mori Trust, a Tokyo-based company. The deal highlights the collaboration among key broker representatives working for Newmark in facilitating this significant transaction.