Innovative, easy-to-use new tool allows users to take a virtual tour of any space; Developer to implement it across 20M sf portfolio

The Moinian Group is proud to announce that it will adopt Tour Creator – a new tool from Google that allows you to create VR content – across 20 million square feet its vast residential and commercial real estate portfolio. Selected as one of the first companies to gain access to Tour Creator, The Moinian Group plans to first utilize the tool at Sky, the developer’s luxury residential project on the Far West Side and the country’s largest rental building.

“This new tool that Google has created will be an extremely valuable resource for those of us who work in the world of real estate,” said Michael Mignosi, Director of Marketing at The Moinian Group. “At The Moinian Group, we are constantly looking to stay at the forefront of changing technology to improve our business and enhance the experience of our tenants. Tours has given us the ability to virtually allow an individual to immerse themselves in a space without physically seeing it. They can easily move around in a unit or building, explore the highlights, and then share the experience with their peers”

Tour Creator is a way for anyone to easily create virtual reality tours, using footage from 360 cameras or picking from the expansive body of existing Google Maps Street View content. Users are able to annotate the video to provide useful details and facts. Then, they can quickly publish to Google Poly to be viewed on the web using webVR or in VR - using Google Cardboard or any other VR headset - and embed it on any website.

After launching the tool at Sky, The Moinian Group plans to utilize Tour Creator at Oskar, the developer’s newest luxury rental building located at the intersection of Hell’s Kitchen and the Far West Side. The developer will then implement it across its extensive real estate platform, which totals 20 million square feet across the nation.

This comes on the heels of a number of innovative technology partnership announcements from The Moinian Group, including the investment in a variety of real estate tech companies through its technology investment arm, Currency M. Companies the developer has invested in include innovative co-living startup Ollie, flexible office space provider Knotel, and on-demand painting start-up Paintzen. Through these strategic investments, The Moinian Group is providing support to organizations that provide value to its own interests, as well as the overall real estate industry.

About The Moinian Group

Founded by Joseph Moinian, The Moinian Group today owns and operates a diversified portfolio of assets across the United States and is among the only national real estate entities to develop, own and operate properties across every asset category, including office, hotel, retail, condos and rental apartments. The Moinian Group's holdings include high-profile assets in America's leading cities, including New York, Dallas and Los Angeles. For the past three decades, The Moinian Group has been a pioneer in the development of emerging areas of New York City such as Downtown and West Side of Manhattan, developing commercial, residential and mixed-use projects that combine luxury living, modern office space and high quality retail. The Moinian Group maintains a reputation for developing state-of-the-art, aesthetically distinguished properties as the firm continues to strive for excellence. More information on the Moinian Group and its portfolio can be found at www.moinian.com.