375 Hudson Street | TRD Research
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375 Hudson Street

375 Hudson Street
New York, NY 10014
Office, Leasing/Rental, Ground Lease

375 Hudson Street, also known as the Saatchi & Saatchi Building, is a commercial office, 18-story high-rise building in the Soho neighborhood of Manhattan. The building contains 1,011,937-square-feet. It was completed in 1989 and its design was a collaborative effort between Emery Roth & Sons, Lee Harris Pomeroy Associates, and Skidmore, Owings and Merrill. In 2010, the building achieved LEED Gold certification for sustainability and energy efficiency.

The building is the headquarters of namesake advertising firm Saatchi & Saatchi, Penguin Group, and Turner Construction Company. Saatchi & Saatchi occupies the most space in the building, 692,325-square-feet , with Penguin Group coming in next at 223,485-square-feet. Tishman Speyer owns the building, which it controls through a ground lease with Trinity Wall Street, which owns the fee.

-WP

  • Year Built 1987
  • square feet 907,938
  • block and lot 1-00599-0064
  • BIN 1010379
  • Event Financing
  • Address 375 Hudson Street
  • Neighborhood Hudson Square
  • Borough Manhattan
  • Square feet 1,100,000
  • Price $ 400,000,000
  • Publication Date 10/01/2017
  • Event Date 09/15/2017
  • Party 1 Trinity Real Estate
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Steven Kohn, John Alascio, Alex Hernandez, Chris Moyer, Alex Lapidus
  • Party 2 Goldman Sachs
notes
The real estate arm of Trinity Church obtained a $400 million loan.
  • Event Sales
  • Address 375 Hudson Street
  • Neighborhood Hudson Square
  • Borough Manhattan
  • Square feet 1,100,000
  • Price $ 580,000,000
notes
The real estate arm of Trinity Church, which already owned the underlying property, acquired the ground lease for $580 million.
  • Event Office Leasing
  • Address 375 Hudson Street
  • Neighborhood SoHo
  • Borough Manhattan
  • Square feet 35,000
  • Publication Date 10/01/2016
  • Event Date 08/15/2016
  • Party 1 Tishman Speyer
  • Party 2 Rokkan
notes
The digital advertising agency signed a lease for the entire floor.
  • Event Retail Leasing
  • Address 375 Hudson Street
  • Neighborhood SoHo
  • Borough Manhattan
  • Square feet 3,000
notes
The beverage company signed a lease.
  • Event Office Leasing
  • Address 375 Hudson Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 12,609
notes
The engineering consultancy subleased space.
  • Event Office Leasing
  • Address 375 Hudson Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 819,000
  • Price per foot $ 60.00
  • Publication Date 06/01/2008
  • Event Date 04/22/2008
  • Party 1 Tishman Speyer
  • Party 2 Saatchi & Saatchi
  • Party 2 Brokerage CBRE
notes
The advertising agency signed a long-term lease renewal for the Class A office space in the Hudson Square.
  • Event Office Leasing
  • Address 375 Hudson Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 819,000
  • Price per foot $ 60.00
  • Publication Date 06/01/2008
  • Event Date 04/22/2008
  • Party 1 Tishman Speyer
  • Party 2 Saatchi & Saatchi
  • Party 2 Brokerage CBRE
notes
The advertising agency signed a long-term lease renewal for the Class A office space in the Hudson Square.
  • Event Office Leasing
  • Address 375 Hudson Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 81,000
  • Publication Date 04/01/2005
  • Event Date 02/20/2005
  • Party 1 Saatchi & Saatchi
  • Party 1 Brokerage Byrnam Wood
  • Party 1 Broker Joe Thanhauser
  • Party 2 Turner Construction
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Franklin Speyer, Stuart Romanoff, Louis D'Avanzo
notes
Renews and expands by 9,600 sf at hq site