"This is an historic moment," said Dr. Cooper. "The determination of all who worked to make this a reality speaks to a deep commitment we all share to the future of this wonderful neighborhood."
Designed by architects Brennan Beer Gorman, 330 Hudson St. will incorporate the redevelopment of the existing eight-story, vacant structure with the addition of an environmentally sensitive glass and brick tower that will bring the entire project to a total of 22 stories. The property will be comprised of 292,000 s/f of rentable office space, 15,000 s/f of retail space, and a 171-key luxury boutique hotel. The development will offer one of the largest contiguous blocks of class A office space in the Midtown South market, and also bring the first hotel to the heart of Hudson Sq.
According to Tribeca Associates principal Drew Conner, construction will begin on 330 Hudson St. in October. The commercial space is slated for delivery for tenant construction in January of 2009.
The historic ground lease was arranged by Andrew Peretz and Robert Constable, both executive directors of Cushman & Wakefield, on behalf of Tribeca Associates. John Livingston, president of Tishman Urban Development Corp. served as a consultant to Trinity Real Estate on this transaction, joining Weisbrod, Jason Pizer, director of leasing, and John Franqui, head of Trinity's strategic planning unit.
Peretz and Constable have been named exclusive leasing agent for the 10-story office component of 330 Hudson St.
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