Reported $541 Million Deal Gives Mori Trust Ownership in 35 Hudson Yards, Including the Five Star Equinox Hotel
Krissy Vann | Host, All Things Fitness and Wellness
Wellness focused hospitality continues to gain attention from global investors, and one of the sector’s most recognizable fitness brands now sits at the center of a major real estate transaction. Mori Trust has acquired a significant portion of 35 Hudson Yards in a reported $541 million deal that includes the flagship Equinox Hotel. For fitness business leaders, the purchase highlights how high performance travel and premium fitness services are becoming key features within major mixed use developments.
MORI TRUST announced that on November 17, 2025, it acquired ownership interests in the first through thirty eight floors of 35 Hudson Yards through its U.S. subsidiary, MORI America LLC. The purchase includes office, hotel, and retail space and marks the company’s twelfth investment in the United States and its second in Manhattan.
The property is part of Hudson Yards, one of the largest mixed use projects in New York City. For the fitness and wellness sector, its standout feature is the Equinox Hotel, operated by Equinox Holdings, Inc. It is the only Equinox Hotel located solely within Hudson Yards and has attracted business travelers, executives, and athletes who want access to performance focused amenities.
Guest rooms are built around high quality sleep with strong light and sound insulation and bedding made from natural materials such as horsehair and seaweed. Select rooms offer the Sleep Lab program, created with sleep scientists, featuring cold water and steam showers and aromatherapy to support recovery. The lower levels house a 5,500 square meter Equinox fitness club and spa that provides classes, training sessions, and therapies throughout a guest’s stay.
Miwako Date, President and CEO of MORI TRUST CO., LTD., said, “We are delighted to announce the acquisition of Equinox Hotel, a luxury lifestyle hotel, and 35 Hudson Yards, featuring high quality office space, in Manhattan, New York, the cultural and economic center of the U.S.A.”
Date continued, “Mori Trust has invested in twelve buildings in the United States, including the Manhattan office building 245 Park Avenue acquired in 2023.”
She also highlighted the company’s approach to hospitality development in Japan and added, “Acquiring high quality properties overseas, such as 35 Hudson Yards, contributes to the stability and sustainability of our asset portfolio and will drive further growth in the future.”
Mori Trust stated it will continue operating 35 Hudson Yards as a core long term holding and affirmed its commitment to supporting the U.S. real estate market.
