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]

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]

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]

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]

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]

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]

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]

Hudson Square, where Trinity Real Estate seeks to build new towers

Manhattan Borough President Scott Stringer gave the rezoning of Hudson Square his conditional approval yesterday, though not without extracting some concessions from major landlord Trinity Real Estate, which hopes to erect new residential towers in the area, the New York Observer reported.

Trinity hopes to build new apartments in what has primarily been a commercial area. The agreement reached yesterday would limit those towers’ height to 290 feet, rather than the 320 Trinity had sought. The rezoning affects 20 potential developments, the Observer said. [more]

From left: Benjamin Jealous, head of the NAACP and 99 Hudson Street

Updated at 2:30 p.m. The National Association for the Advancement of Colored People has sold three floors of a commercial condominium at 99 Hudson Street for $18.5 million, according to records filed with the city today.

The buyer was a company formed two years ago by a pair of former Tishman Speyer executives, called JMC Holdings, the Wall Street Journal reported yesterday. JMC founders Matt Cassin and David Taylor plan to gut the space and renovate it, and have tapped CBRE to lease the space, the Journal said. [more]

350 Hudson Street

As Trinity Real Estate seeks to transform Hudson Square into a round-the-clock hotspot, the landlord has finalized a lease in the neighborhood with Medidata Solutions, a company that provides cloud-based medical data, the company said today.

Medidata is taking almost 100,000 square feet of space at Trinity’s 350 Hudson Street, according to the statement. The technology firm will take three full floors, as anticipated in previous reports, at the Hudson Square area building. [more]