New York Media signs for 80K feet at 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.

Getty signed a 15-year, 82,844-square-foot lease there in 2011.

Charles Laginestra, Tom Lynch and Peter Fontanetta represented Trinity Real Estate in-house, while Robert Martin of Jones Lang LaSalle represented the tenant in the deal, the Observer said.  [NYO] –Mark Maurer