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The Son Rising With First Hotel Venture


Real estate scion Matt Moinian is stepping out his father’s shadow with the launch of his first solo project since joining the business. The 29-year-old senior vice president at the Moinian Group — a firm founded by Joseph Moinian in 1982 that today owns and operates a portfolio in excess of 20 million square feet of assets valued at $10 billion across the U.S. — will open the boutique Hotel Hugo on the corner of Spring and Greenwich in Soho next month.