The Real Deal New York

Posts Tagged ‘hudson square’

  • hudson-square

    Hudson Square Connection and Signe Nielsen

    The Hudson Square Connection Business Improvement District is seeking suggestions for part of its $27 million plan to transform the city’s former printing district.

    At a public discussion on Thursday evening, the BID and architecture firm Mathews Nielsen Landscape Architects hope to solicit opinions from the Lower Manhattan community on its plans to redesign Soho Square, which will serve as a gateway to a revamped stretch of Spring Street. [more]

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  • OurLadyVilniusExt_tmb

    Our Lady of Vilnius

    Condo developer Agime Group LLC has plunked down nearly $31 million for adjacent lots in the Hudson Square area – including a shuttered church that Gary Barnett’s Extell Development bought last year. According to property records, Agime paid Extell $18.4 million for the lot at 568 Broome Street, site of Our Lady of Vilnius, which Extell acquired last year for $16.5 million. Agime also bought the adjacent walkup at 572 Broome Street for $12.3 million from seller Linda Sousa, according to property records. Sousa inherited the brick walkup from her aunt and uncle, who bought the building 1955 for $18,500, according to a 2006 article in The New York Times. [more]

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  • 537-545 Greenwich Street

    537-545 Greenwich Street

    A six-story, fire-proof warehouse on Greenwich Street has sold for $52 million, Tuesday’s property records indicate. [more]

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  • 68 Charlton Street in its current state

    68 Charlton Street in its current state

    Extell Development has submitted plans for a 22-story residential building at 68 Charlton Street in Hudson Square that would reportedly bring the neighborhood its first affordable housing.

    The proposal includes 116 total units, 91 of which would be market-rate co-ops and 25 of which will be affordable rentals. Among the reduced-rate units, the breakdown would be 22 two-bedroom apartments and three studios, ranging from a rental rate of $830 per month to $1,080 per month.  [more]

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  • Michael Shvo

    Michael Shvo

    UPDATED, 12:30 p.m., Jan. 10: High-flying broker-turned-developer Michael Shvo has closed on his next big deal – the $130 million acquisition of a Soho development site that could become a new residential tower of up to 280,000 square feet.

    Shvo teamed up with Erez Itzhaki and equity partners Halpern Real Estate Ventures, Bizzi & Partners and Aronov Development to buy the 20,000-square-foot assemblage site at 100 Varick Street, located on the western end of the blockfront bounded by Watt, Broome and Varick streets. [more]

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  • From left: Jeff Green and 100 Vandam Street

    From left: Jeff Greene and 100 Vandam Street

    Billionaire Jeff Greene has switched tactics in Hudson Square. Rather than build a 140,000-square-foot condominium project at 100 Vandam Street, as he told The Real Deal he would do, he has decided to sell the parcel for $150 million, or three times what he paid last year. The move follows a contentious rezoning of the area that will allow for bigger residential developments. [more]

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  • 330 Hudson Street

    Beacon Capital Partners brought together hundreds of real estate movers and shakers to show off its 330 Hudson Street, a glistening Class A office tower that is the latest example of the commercial turn that West SoHo is taking. See the photos after the jump.

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  • From left: Leontyne Price and 9 Vandam Street

    From left: Leontyne Price and 9 Vandam Street

    A Hudson Square townhouse that belonged to one of the nation’s first African American opera singers has sold for $4.2 million, according to records filed with the city today.

    Leontyne Price’s home, at 9 Vandam Street between Sixth Avenue and Varick Street, is a “fading beauty,” according to the listing, with Laura Denise Milkowski and Michael Beam of Brown Harris Stevens. [more]

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  • hudson-square

    Hudson Square map

    From the July issue: Hudson Square, a partly industrial area sandwiched between the trendy downtown neighborhoods of Soho and Tribeca, is characterized by gas stations, warehouses and postal facilities. Over the last decade, creative industries have begun leasing office space in the area, but until now, the neighborhood has remained largely deserted at night and on weekends. [more]

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  • 68-74 Trinity Place

    68-74 Trinity Place

    Executives at Trinity Church in the Financial District are considering building a 25-story residential tower above its ministry offices, DNAinfo reported. [more]

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  • Edward Minskoff and 101 Sixth Avenue (building credit: PropertyShark)

    Edward Minskoff and 101 Sixth Avenue (building credit: PropertyShark)

    Updated, 10:24 a.m., July 2: A hedge fund manager has taken 60,000 square feet at Edward Minskoff’s 101 Sixth Avenue, in the latest sign of once-gritty Hudson Square’s growing appeal to financial companies, the Wall Street Journal reported.

    Two Sigma Investments, which has $13.7 billion assets under management, already occupies space at 100 Sixth Avenue, as well as in three buildings on West Broadway and Spring Street. The company, which touts its lack of “Wall Street swagger,” declined to comment to the Journal on the move. [more]

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  • 1_hudson_square

    One Hudson Square

    New York Media, which publishes New York magazine, inked a 10-year direct lease for 80,500 square feet at One Hudson Square, the New York Observer reported.

    Asking rents are $65 per square foot at the Trinity Real Estate-owned building, at Church Street and West Broadway in the increasingly popular area, which is set to be rezoned if all goes as planned. The company will continue to operate on the entire fourth floor. New York Media’s sublease recently expired, the Observer said. One Hudson Square is now fully leased, with Getty Images, Metropolitan College and the Jackie Robinson Foundation among its tenants. [more]

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  • From left: Gary Barnett, the site at 68-74 Charlton Street and John Angelo

    From left: Gary Barnett, the site at 68-74 Charlton Street and John Angelo

    Updated, 5:41 p.m., June 3: Extell Development has recapitalized its long-term leasehold at a Hudson Square development plot by selling a 90 percent stake in the site for $52 million to investment firm Angelo, Gordon & Co., city records filed today show. [more]

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  • Marina Abramović and 54 King Street
    (Building photo via StreetEasy)

    Serbian performance artist Marina Abramović sold her 4,600-square-foot townhouse at 54 King Street in Soho for more than $3 million, according to city records seen by the New York Observer.

    Last month, she landed a $2.65 million two-bedroom spread at 330 Spring Street, dubbed the Urban Glass House. Her current digs were sold to Italian fashion designer and Givenchy creative director Riccardo Tisci at $666 per square foot, the Observer said. [more]

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  • Hudson Square

    The City Council voted Wednesday to approve the rezoning of Hudson Square in Lower Manhattan. The rezoning will allow developers — including the area’s dominant player Trinity Real Estate — to move forward with several large-scale hotel and residential projects.

    As part of the approval process, Speaker Christine Quinn secured a commitment for a vote on landmark status for the adjacent South Village Historic District, according to a statement from Greenwich Village Society for Historic Preservation, a preservation group. But community activists were concerned that the city did not discuss any landmark designations for sites south of Houston Street, which is home to nearly half of the proposed district.  [more]

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  • 350 Hudson Street

    350 Hudson Street (credit: PropertyShark)

    PepsiCo has signed a five-year lease for a 19,800-square-foot space at 350 Hudson Street — its first office space in Manhattan, the New York Observer reported. [more]

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  • Hudson Square

    Hudson Square moved a step closer today to getting more new housing when two City Council committees approved a controversial proposal by the property arm of Trinity Church to rezone the Lower Manhattan neighborhood, the New York Observer reported.

    The zoning and land use committees signed off a plan that would let developers build 2,000 to 3,000 new apartments — many of them affordable — into the neighborhood.  The full council is expected to OK the plan later this month; if the plan gets the nod, the rezoning will take effect immediately.  [more]

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  • From left: 345 Hudson Street and an aerial view of the Hudson Square area, set to be rezoned

    iN DEMAND, the entertainment company that pioneered the delivery of video and television content on an “on demand” basis, has renewed its lease for nearly 50,000 square feet at Trinity Real Estate’s s 345 Hudson Street, a representative for the landlord told The Real Deal today. [more]

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  • A view of the manufacturing buildings near Spring and Hudson streets

    A City Council hearing on a rezoning of Hudson Square that would make way for new residential development will take place Tuesday, the Wall Street Journal reported. What has traditionally been a bustling district during the day but a sleepy one after work hours would stand to be rejuvenated by the rezoning. Trinity Real Estate, the area’s largest landlord, intends to build new apartments in the area. The rezoning was approved by the City Planning Commission last month. … [more]

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  • Hudson Square

    The City Planning Commission voted today to approve a proposal to rezone Hudson Square to allow for a more mixed-use neighborhood with larger buildings. The proposal now heads to City Council, which will have 50 days to conduct a public hearing and vote on whether the rezoning will take effect. [more]

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