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Trinity inks 400,000 s/f Viacom deal.


Viacom's MTV Networks MTV Networks is a division of media conglomerate Viacom that oversees the operation of many TV network and Internet brands, including the first MTV channel.

The company was established in 1984 after Warner Communications and American Express decided to divest the basic cable
 and Trinity Real Estate jointly have signed a 400,000 s/f office lease at 345 Hudson Street Hudson Street can refer to:
  • The Manhattan street -- see Hudson Street (Manhattan)
  • The 1978 TV series A.E.S. Hudson Street
  • The 1995 TV series "Hudson Street -- see Hudson Street (TV show)
.

MTV Networks Entertainment Group, which includes brands such as Spike TV, Comedy Central and TV Land, will relocate its operations from several midtown mid·town  
n.
A central portion of a city, between uptown and downtown.


midtown
Noun

US & Canad the centre of a town
 locations to 345 Hudson Street, where the Company will occupy the second, third, fifth, sixth, seventh, eighth and ninth floors. It has set its move-in date for mid-2008, at which point the building will be brought to 100% occupancy.

Scott Gottlieb Scott Gottlieb (August 20, 1970 - April 10, 2005) was the drummer for Emocore/Rock band Bleed the Dream.

In late 2003/early 2004, Gottlieb developed leukemia. In support, his band released the acoustic EP Asleep.
, Michael Laginestra and Andrew Sussman of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  represented Viacom in the lease negotiations. Jason Pizer, Director of Leasing, represented Trinity Real Estate. Ray Sanseverino and Ken Sold of the law firm of Loeb & Loeb also represented Trinity Real Estate.

Under the terms of the 15-year lease, Trinity will provide major building improvements for MTV Networks, including a new lobby and a dedicated elevator bank. Other upgrades will include building signage, a state-of-the-art climate control system, and high capacity electrical service Electrical service, in building wiring, refers to the wiring that connects the electric utility's cables in the street to the building. Specifically, electrical service is the wiring from the street, through the meter and up to the panelboard, but no farther. . The Company will also receive major building service upgrades including a dedicated security staff, a bicycle storage room for their employees, and on-site retail services.

Carl Weisbrod, president of Trinity Real Estate, said, "We are proud to welcome MTV Networks to Hudson Square. We pride ourselves on providing office space that appeals directly to creative companies. Indeed, we have established a substantial and influential creative community within Hudson Square."

He added, "Early next year MTV Networks will join a family of neighbors in Trinity-owned buildings in Hudson Square that include media heavyweights such as WNYC, Workman WORKMAN. One who labors, one who is employed to do business for another.
     2. The obligations of a workman are to perform the work he has undertaken to do; to do it in proper time; to do it well to employ the things furnished him according to his contract.
 Publishing, The Weinstein Company, In Demand, and Penguin Putnam publishers."

Most of the office space at Hudson Square comprises large floorplates and interiors that are flooded with daylight from large, formerly industrial loft windows. The space creates an open, studio-like atmosphere that is especially appealing to design firms, advertising agencies, film production companies and other creative uses.
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Publication:Real Estate Weekly
Date:May 16, 2007
Words:320
Previous Article:iStar to take pricey 130,000 s/f at 1095 6th.
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