News: Brokerage

Jack Resnick & Sons leases 38,000 s/f to TMRW Life Sciences at 250 Hudson

New York, NY According to Jack Resnick & Sons, TMRW Life Sciences, a pioneering life sciences technology company, has finalized a new 12-year, 38,000 s/f lease at 250 Hudson St. in Hudson Square.

TMRW, which currently occupies 5,500 s/f on a portion of the 7th floor of the 15-story property, will relocate within the building and expand its operations to the entire sixth floor and a portion of the ground floor. This marks a nearly sevenfold expansion of the firm’s presence at 250 Hudson St. in just over two years.

Mitti Liebersohn, president and managing director of Avison Young’s NYC office, represented TMRW in the negotiations, while Brett Greenberg, executive managing director, and Adam Rappaport, managing director of Jack Resnick & Sons, represented building ownership.

“TMRW Life Sciences is a pioneering force in IVF technology and as the company continues to rapidly grow, the opportunity to expand its presence in the same building where it had already been successfully operating was a natural fit,” said Liebersohn. “TMRW’s expansion reflects the need for its revolutionary platform as well as the continued appetite for class A commercial space from life sciences occupiers in the Manhattan market.”

Located close to SoHo and TriBeCa, 250 Hudson St. boasts high ceilings, open floors, a limestone and marble lobby, and a penthouse level with a 10,000 s/f green roof offering 360° views of the Hudson River and city skyline. The 400,000 s/f former printing trades building is both LEED Gold and WiredScore Platinum certified, and has also earned the EPA’s Energy Star certification. It features fully-modernized infrastructure, including its electrical and communications systems.

“TMRW’s expansion clearly illustrates 250 Hudson St.’s appeal to innovative companies’ desire for highly collaborative spaces in properties with robust infrastructure and long-term ownership,” said Jonathan Resnick, president at Jack Resnick & Sons. “We are happy to accommodate their growing need for cutting-edge office and research space in Hudson Square.”

Other major tenants at 250 Hudson St. include Daniel Edelman, Lieff Cabraser Heinmann & Bernstein, Mekanism, and Bed Bath & Beyond.

Founded in 2018, TMRW is the creator of the world’s first Robotic Process Automation (RPA) platform specifically for in vitro fertilization (IVF). The company will house its corporate headquarters, including its research and development, product and engineering teams, as well as a sales, marketing, and training center for existing and prospective partners within the new expanded spaces.

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