Two Sigma Investments, LLC has signed a five-year lease to expand its presence at Trinity Real Estate's 100 Avenue of the Americas by 76,483 s/f, bringing its total occupancy to 114,815 s/f. The expansion deal brings the 380,000 s/f Hudson Sq. property to 100% occupancy.
Trinity Real Estate was represented by Marc Packman, director of leasing, and Peter Fontanetta.
"While Hudson Sq. has emerged as a hub for creative, media and arts tenants, Two Sigma's expansion underscores the neighborhood's appeal to a broad spectrum of businesses," said Jason Pizer, president of Trinity Real Estate. "This area is home to a rapidly diversifying community of tenants and we are delighted to count Two Sigma among them."
Founded in 2001, Two Sigma Investments is a finance and technology firm that actively manages money across the world markets using disciplined, process-driven investment trading strategies. The firm, which signed its original lease in the fall of 2010, currently occupies the 15th and 16th floors of 100 Avenue of the Americas. Two Sigma will now occupy the fourth, seventh and eighth floors of the building as well. Two Sigma joins Hudson Square's growing list of major creative, media, corporate and entertainment companies such as Viacom, PR Newswire, Epoch Films, L'Oreal, Prime Focus North America, Deluxe Entertainment, WNYC and CBS Radio East.
Originally completed in 1930, 100 Avenue of the Americas, situated at the corner of Grand and Watts Streets, features Art Deco-inspired architectural details, large floor plates, high ceilings, 24/7 access and security and onsite management. Other notable tenants in the building include Postworks New York, Berlin Cameron and Partners and Jobson Publishing.
About Trinity Wall Street and Hudson Square
Trinity Wall Street, one of New York City's largest and oldest commercial property owners, maintains a portfolio of more than six million s/f. Situated in Lower Manhattan between the Hudson River on the west, Avenue of the Americas on the east, Houston St. on the north and Canal St.on the south, Hudson Sq. is one of the city's most dynamic and creative business districts. Formerly an industrial warehouse and loft district, Hudson Sq. is now home to a diverse roster of high-profile organizations that includes advertising agencies, broadcasters, designers, architects, software businesses, publishers and other major companies and institutions. Tags: