MORI TRUST CO., LTD. (Head Office: Minato-ku, Tokyo; President & CEO: Miwako Date) hereby announces that, on November 17, 2025, it acquired an ownership interest in a portion of the large-scale mixed-use building 35 Hudson Yards comprising the 1st through 38th floors, located in Manhattan, New York, through its U.S. subsidiary, MORI America LLC. The acquired floors include office, hotel, and retail spaces.

This marks MORI TRUST’s 12th real estate investment in the United States and its second in Manhattan.

Equinox Hotel: A luxury lifestyle hotel that satisfies all five senses

The Property is one of the buildings comprising Hudson Yards, a large-scale, mixed-use development project in Manhattan. The Property’s most distinctive feature is the presence of the Equinox Hotel, a wellness-focused luxury lifestyle hotel operated by Equinox Holdings, Inc., which operates premium fitness facilities primarily in North America. This hotel is the only one in the world located exclusively in Hudson Yards, and its wellness-focused guest rooms and amenities have garnered a loyal following among business executives and top athletes.

Guest rooms feature superior light and sound insulation and are furnished with bedding made exclusively from natural materials such as horsehair and seaweed, pursuing an environment conducive to restful sleep. Furthermore, guest rooms featuring the Sleep Lab, developed in collaboration with sleep scientists, support high-quality sleep with cold water and steam showers, aromatherapy, and more, catering to the needs of health-conscious guests. The lower levels of the building feature a fitness club and spa spanning over 5,500㎡ operated by Equinox, offering a variety of classes and therapies during guests’ stay.

About the Property

Overview of Property

Property Name	35 Hudson Yards
Location	35 Hudson Yards, New York, NY
Site Area	50,168 sq. ft
Total Floor Area	1,095,248 sq. ft (Portion acquired: 490,128sq. ft )
Floors	92 floors above ground (Portion acquired: 1st to 38th floors)
Property Type	Hotel, Office, Retail, Residential *
Construction Type	Reinforced concrete construction
Year Built	2019

*The residences are not subject to acquisition.

Overview of Transaction

Acquisition Date	November 17
Seller	Related Companies and Oxford Properties Group

Overview of Equinox Hotel

Occupying 24th to 38th floors of 35 Hudson Yards, the Equinox Hotel is a luxury lifestyle hotel specializing in wellness, managed by Equinox, a luxury fitness company operating primarily in North America.

It is the only luxury hotel in the Hudson Yards area and has been selected for the prestigious 2024 Readers’ Choice Award by Condé Nast Traveler and among The World’s Best 50 Hotels in 2023.

Every experience throughout your stay at the hotel contributes to your overall wellness. For example, guests can use the Equinox Fitness Club operated by Equinox during their hotel stay. The guest rooms also feature a luxurious space offering a high-quality sleep environment and views of Manhattan’s cityscape and the Hudson River. Additionally, the hotel features a spa and both indoor and outdoor pools as well as a variety of recovery treatment menus.

Name	Equinox Hotel
Guest Rooms	212 rooms
Gross Floor Area	237,453 sq. ft
Hotel Amenities	Restaurants, Fitness, Spa, Pools, and More
Open Date	August 2019

About MORI TRUST CO., LTD.　

MORI TRUST CO., LTD. is a comprehensive real estate developer engaged in large-scale mixed-use development mainly in Tokyo’s central districts and in its hotel and resorts business nationwide.

Centered on its three businesses of real estate, hotels & resorts and investment (Japan and overseas), the company has developed 64 buildings, residences and commercial facilities and 35 hotel and resort facilities in Japan and overseas as of March 2024.

MORI TRUST will continue to promote projects that enhance Japan’s international competitiveness through urban development, hotel development that preserves and utilizes historical buildings that serve as tourism attractions and other efforts.

https://www.mori-trust.co.jp/english

MORI TRUST overseas investment business policy

Under its Mid to Long Term Vision Advance2030, Mori Trust has set targets to achieve operating revenue of ¥330 billion by FY2030, the final year of the plan, through ¥1.2 trillion in business investments by that fiscal year.

The acquisition of 35 Hudson Yards is also aligned with the Mid to Long Term Vision Advance2030. Moving forward, we will continue to actively pursue overseas real estate investments with a focus on stability, sustainability, and growth potential, aiming to build an optimal asset portfolio.

Major Real Estate Operations in the United States

Manhattan, New York

Boston

Washington, D.C.

Other, About Mori Trust’s Real Estate Business in the United States (as of November 2025)
https://www.mori-trust.co.jp/english/business/overseas/