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Hudson Square

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No Soho. (Hotel Chatter)

You’re Auctioned! Trump Soho Going to the Highest Bidder

Blame the bad spirits. Or maybe it was the economy. Or living next door to the Holland Tunnel. Or the fact you couldn't actually live there because it was not a condo—that would violate city zoning for a manufacturing district—but a condotel, where units were habitable 120 days a year and never for more than 30 days at a stretch (move out for a day and you were fine). Still, in this age of the foreign buyer, when all anyone wants is a pied a terre, the Trump Soho would seem to be the perfect home. Wasn't that the plan all along?

Well, it has not worked out, as the developers of the bedrock-defying 48-story tower have decided to put the remaining units in the building up for auction, according to Bloomberg. Alex Sapir, developer of the property and son of the cabbie turned billionaire Tamir Sapir, said he was approached by an interested party but has decided to go the auction route to test the waters of a bigger sale. Read More

The Lease Beat

Fully leased at 137 Varick Street.

Trinity’s 137 Varick Street Reaches 100%

A Trinity Real Estate-owned Hudson Square office building has reached 100 percent occupancy after it lured NYU-Poly Varick Street Incubator away from another Trinity-owned building into a bigger space, signed Paik Architecture PLLC to new office space, and agreed to give current tenant Unity Construction Development additional space, The Commercial Observer has learned.

Having met maximum capacity, 137 Varick Street now has an eclectic collection of tenants that range from Alexander Gorlin Architects, online job search company TheLadders, and Scott Jordan Furniture.

Read More

Lease of the Week

The fourth of many new WeWork outposts to come?

WeWork Takes New York City

Notwithstanding WeWork’s impressive track record of growth and success in the city, Sean Black knew his tenant wasn’t necessarily going to be an easy sell to landlords.

In just over a year, WeWork had opened three thriving locations, in midtown, Soho and the meatpacking district. The company leases offices, then prepares the facility for smaller tenants and rents out the space on a desk-by-desk basis.
Though there are several companies in the city in what is known as the office-suite business, WeWork has created a distinct concept by constructing space with open floorplans and glass partitioning, a layout that fosters interaction between the tenants.

Read More

power broker

Mr. Packman joined Trinity in November 2010.

The Hudson Square Crier

When Cushman & Wakefield accepted leasing duties at 1 Hudson Square in 2005, the building just north of Canal Street was still struggling to transcend its traffic-choked proximity to the Holland Tunnel and an address in a neighborhood nobody had really named (it’s called Hudson Square today).

Yet by seizing on a small but notable spurt in recent activity from a handful of tech firms and digital start-ups, the Cushman agents helped reposition the 1.1-million-square-foot building into a hub for the city’s creative underclass. Read More

lease beat

(Photo: Trinity)

American Idol Producer to Move Into Trinity Church’s 435 Hudson

FremantleMedia, among the largest producers of reality television brands in the world, including American Idol, America’s Got Talent and loads of other shows your kids watch, has signed an 8,000-square-foot lease at 435 Hudson Street. The group will occupy part of the fourth floor of the building, in part to consolidate all of its operations under one roof. In October, the group acquired a 60 percent share of @radical.media, a global media business that is also housed at the Trinity Real Estate-owned building. FremantleMedia is expected to relocate later this year after the space is renovated. Read More

lease beat

Famed Calvin Klein Photog Workin’ It on Hudson Street

Bruce Weber, the world-renowned fashion photographer, whose ads for Calvin Klein and Abercrombie & Fitch, famously feature everything but, has snapped up some new Hudson Street digs. 

Mr. Weber and long-time partner and agent Nan Bush will take 11,152 square feet for 10 years on the 10th floor of 205 Hudson Street. "He's an internationally known Read More

A New Lease on Things! Pep Talk Peddler Moves to Hudson Square

250 Hudson Street

TED Talks, those 18-minute star-studded lectures on everything from how the mind works to saving the world, may have gotten started in Monterey, Calif., but lately the private, nonprofit foundation TED takes the show just about everywhere, from Tanzania to Oxford. The foundation's Manhattan base, meanwhile, is adding its name to the Read More

The Rector of Hudson Square

When Queen Anne of England bestowed Trinity Church with a large land grant in 1705, the aim was to establish an Anglican foothold in the New World, not a commercial hub for New York City's creative underclass.

But with 6 million square feet of property situated, lucratively, in what is now considered the Hudson Read More

Extell’s Hudson Square Ambitions

Will it never end?

Just yesterday, The Observer reported yet another Extell building plan submitted to the city for approval, in that case for a 24-story, 175-unit hotel at 30 West 46th Street. And that was just the latest in a flurry of Extell applications for everything from a hotel at the Read More

Newsweek Moving to Hudson Square

And, finally, Newsweek has a home.

After months of hemming-and-hawing with a move to the Financial District, Newsweek is offically moving a little farther north to 395 Hudson Street in Hudson Square. They'll be packing into an increasingly crowded media neighborhood, moving alongside New York Magazine, Clear Channel, Viacom, Miramax, NPR and CBS Radio. Read More

Behold! The Dish Building at Hudson Square

Dish Network – whose 10 satellites beam Free Speech TV, the Military Network, and countless other channels to boob-tubes around the world – is coming to Hudson Square.

The network signed a six-year lease for the fifth and sixth floors (that’s 28,954 square feet) in 185 Varick Street, at King Street, in an edifice to Read More


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