Sandbox Studio moving to 55 Water Street in FiDi

Photo production company is currently located at 250 Hudson Street

TRD New York /
Jul.July 16, 2015 05:00 PM

Photography and post-production company Sandbox Studio inked a lease for 68,000 square feet at New Water Street Corp.’s 55 Water Street in the Financial District.

The lease is for 16 years, and asking rents were $50 per square foot, the New York Observer reported. Sandbox plans to relocate from its current digs at 250 Hudson Street in Hudson Square in April 2016.

CBRE represented both sides, with Sandbox being represented by Joel Wechsler, Matt Bergey and Nathan Katz, and the landlord being represented by Brad Gerla, Howard Fiddle, Evan Haskell and Mary Ann Tighe.

“The economics of the transaction compared to those in the Hudson Square neighborhood were compelling,” Wechsler said in a statement. “Sandbox is very excited to join the ever increasing community of creative firms that have located in the FiDi community.”

Last year, Hugo Boss leased 74,000 square feet in the building, and construction services firm Hunter Roberts Construction Group signed a sublease there for 37,000 square feet. [NYO] — Tess Hofmann


Related Articles

arrow_forward_ios
Emblem Health CEO Karen Ignagni and 55 Water Street (Credit: Getty Images)

EmblemHealth stays put at 55 Water Street

EmblemHealth stays put at 55 Water Street
Clocking in: Justworks eyeing large relocation Downtown

Clocking in: Justworks eyeing large relocation Downtown

Clocking in: Justworks eyeing large relocation Downtown
Manhattan office leasing dipped 13% in 2015

Manhattan office leasing dipped 13% in 2015

Manhattan office leasing dipped 13% in 2015
55 Water Street John Adler thumb

NY Teachers fund expands to 200K sf at 55 Water Street

NY Teachers fund expands to 200K sf at 55 Water Street
Hugo Boss moves North American HQ to FiDi’s 55 Water St.

Hugo Boss moves North American HQ to FiDi’s 55 Water St.

Hugo Boss moves North American HQ to FiDi’s 55 Water St.
Placeholder image

Supply chain manager is latest 55 Water Street tenant

Supply chain manager is latest 55 Water Street tenant
55 Water Street

NYC healthcare agency leases 240K feet at 55 Water Street

NYC healthcare agency leases 240K feet at 55 Water Street
55 Water Street at center

Insurer leases 120,000 square feet at Manhattan’s largest office tower

Insurer leases 120,000 square feet at Manhattan’s largest office tower
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...