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Magazine joins the gang in Hudson Sq.


New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 magazine will be moving to 1 Hudson Square in August when its ten-year lease at 444 Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S.  is up.

"We're a growing company, and [at 444 Madison Avenue] we're split across five different floors, sometimes not even in the same elevator bank," said l Laurine Stark, a spokesperson for the magazine owned by Bruce Wasserstein Bruce Wasserstein (born December 25, 1947 in Brooklyn, New York)[1] is an American investment banker and businessman. He is a graduate of the University of Michigan, Harvard Business School, and Harvard Law School, and is currently the Chairman and CEO of Lazard LLC. . "At 1 Hudson Square, we will all be on the same floor." The magazine will be joining the growing number of media entities moving into Hudson Square that ranges from trade publishers such as Jobson Publishing, which publishes for the healthcare industry, to Distributed Art Publication Inc., an art publication.

Most recently, Viacom--the media conglomerate that incldues MTV MTV
 in full Music Television

U.S. cable television network, established in 1980 to present videos of musicians and singers performing new rock music. MTV won a wide following among rock-music fans worldwide and greatly affected the popular-music business.
 and Paramount Pictures -moved into 345 Hudson Square in January, 10 months after WNYC, New York Public Radio, the largest public radio station in the country, moved into 160-170 Varick Street.

"Media companies react positively to the large windows, high ceilings and expansive floor plates," said Andrew Peretz, executive director at Cushman & Wakefield, the exclusive broker of 1 Hudson Square for The Parish of Trinity Church, which owns the one million square foot tower anti is the biggest landlord in the neighborhood. The New York Magazine deal was a sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner.  between the tenant, Getty Images, and the magazine. CBRE CBRE CB Richard Ellis (real-estate firm)
CBRE Chemical, Biological, Radiological and Explosive
CBRE Component-Based Reliability Estimation
CBRE Coldwell Banker Richard Ellis (Boston, MA) 
 executive vice president, Rob Martin, represented Getty Images, and Clide Retz, a senior vice president at CBRE, represented New York Magazine. Terms of the sublease were not immediately available.
COPYRIGHT 2007 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Magazine joins the gang in Hudson Sq.
Author:Perez, Esther O.
Publication:Real Estate Weekly
Date:Mar 21, 2007
Words:244
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