CBRE reps Cove Property in 100,638 s/f lease to Lyft, Inc. at Hudson Commons

March 19, 2019 - New York City
Stephen Siegel, CBRE

 

Evan Haskell, CBRE

 

Manhattan, NY Cove Property Group has signed a 100,638 s/f lease with Lyft, Inc. at Hudson Commons, a 28-story repositioned office tower located at 441 Ninth Ave. and 34th St. The building’s location at the gateway of Hudson Yards

Hudson Commons, 441 Ninth Avenue - Manhattan, NY

and its immediate proximity to the ongoing redevelopment of the Moynihan transportation hub and Penn Station has made it an attractive destination for global brands such as Lyft and Peloton, Inc., which signed a 312,200 rentable s/f lease in November 2018. Now 63% pre-leased, the building will be delivered this summer.

With the signing of both the Peloton and Lyft leases, only 253,000 s/f of office space remains available in the newly constructed tower floors that range from 16,000 to 23,000 s/f and feature private terraces on nearly all the floors. With the exception of its Penthouse which features 28 ft. ceiling heights and a private rooftop garden, each tower floor has 14 ft. ceiling heights with efficient side core layouts and 360 degree views.

The team of Stephen Siegel, Evan Haskell, Paul Haskin, James Ackerson and Ben Joseph from CBRE are the exclusive office leasing agents for the property.

Hudson Commons has also commenced its retail leasing program which is offering 15,000 s/f of retail space at grade, along each of 34th and 35th Sts. as well as 9th Ave. Winick’s Steven Baker and Daniyel Cohen are the exclusive retail leasing agents.

Lyft was represented by Steven Rotter and Justin Haber at JLL.

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