TED Conferences are based on “ideas worth spreading.” Apparently, they’re worth spreading across 47,000 square feet.
TED, which is run by nonprofit organization Sapling Foundation, inked a deal to occupy a space at Beacon Capital Partners’ 330 Hudson Street, according to the New York Post. Asking rents were $77 per square foot, the newspaper reported.
The group is currently based at 250 Hudson Street and is subletting the space from Pearson Publishing. Pearson inked a 308,000-square-foot lease at the office tower.
CBRE’s Scott Bogetti and Sacha Zarba represented TED. [NYP, 4th] — Claire Moses