News: Brokerage

Korman and Waterman of NKF rep. Splashlight in 60,000 s/f lease

Trinity Real Estate, has brokered a 17,000 s/f lease expansion for Splashlight Photographic along with Digital Studios, LLC, the premiere resource of the photographic industry, which has expanded its lease at 1 Hudson Sq. to bring its lease to include a total of 60,000 s/f. Known as the "go-to" resource in the photographic industry, Splashlight has transformed itself from an enterprise providing studios for professional photographers to a national network of services supporting all phases of the creative endeavor.  With offices in New York, Los Angeles and Miami, Splashlight provides everything from full-capture services and equipment rentals to high-end retouching and studio management for the industry's top professionals. "Hudson Sq. has become home to many of the top companies in the entertainment, media and creative fields," said, Carl Weisbrod, president of Trinity Real Estate said.  "Keeping with that tradition, we are thrilled to welcome Splashlight into our community where they will continue to grow and flourish as leaders in the photographic industry." Lance Korman and Brian Waterman of Newmark Knight Frank, (NKF), represented Splashlight in the lease negotiations and Jason Pizer and Tom Lynch represented Trinity Real Estate.  Asking rent in the building is in the low 50's per s/f. This 19-story, 1.045 million s/f building at 1 Hudson Sq. is home to a variety of tenants.
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