Trinity welcomes Guggenheim to Hudson Street.The Solomon R. Guggenheim Foundation The Solomon R. Guggenheim Foundation is a nonprofit corporation founded in 1937 by philanthropist Solomon R. Guggenheim and artist Hilla von Rebay. Its primary accomplishment has been the construction of a number of international museums:
The new offices allow the organization to maintain its proximity to the downtown art world and expand its operations in more efficient space. Located in the heart of the Hudson Square neighborhood, which is right next door to SoHo, TriBeCa and Greenwich Village Greenwich Village (grĕn`ĭch), residential district of lower Manhattan, New York City, extending S from 14th St. to Houston St. and W from Washington Square to the Hudson River. , 345 Hudson Street is in close proximity to many of Manhattan's most prominent galleries and fine art dealers. The transaction was announced by The Rev. Canon James H. Cooper, D.Min, rector of Trinity Church-St. Paul's Chapel and Carl Weisbrod, President of Real Estate for Trinity Church, and Marc Steglitz, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the Solomon R. Guggenheim Foundation. The Guggenheim Foundation plans to relocate its downtown offices to the 12th floor of 345 Hudson Square from its current home on multiple floors totaling 37,000 square feet at 575 Broadway. The Guggenheim is just one of a handful of museums which occupy offices outside of their facilities. The Guggenheim joins such prominent tenants in the Trinity portfolio as The Weinstein Company, L'Oreal, Nature America (Macmillan Publishing, Ltd.), Kirschenbaum-Bond, David Yurman Jewelry, Radical Media, Euro RSCG, Postworks and Getty Images, to name a few. The 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. team of Lisa Cear and Joseph Mangiacotti negotiated the 10-year lease on behalf of the Guggenheim Foundation. The in-house leasing team of Trinity Real Estate, consisting of Jason Pizer, the Director of Leasing, Tom Lynch and David Manzano, represented the building owner in the multi faceted transaction. Dr. Cooper said, "The Guggenheim is exactly the kind of institution we at Trinity want to help grow and prosper in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. ." "We are delighted to welcome the Guggenheim Foundation to 345 Hudson Square and to a vibrant, exciting, amenity-rich neighborhood that is becoming known as a hub for creative businesses and significant institutions," said Mr. Weisbrod. "This building had the right combination of location, value and ambiance am·bi·ance also am·bi·ence n. The special atmosphere or mood created by a particular environment: "The noir ambience is dominated by low-key lighting . . . ," Mr. Steglitz said. "This transaction reaffirms our commitment to keeping our creative staff in Lower Manhattan, one of the City's most vibrant neighborhoods." "Our client was looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. creative open offices that would allow the foundation to accommodate its downtown professional staff on a single floor," commented Ms. Cear. "Trinity's 345 Hudson not only met the space requirements for a more collaborative atmosphere, but also provided an exciting, trendy neighborhood and business environment that compliment the many attributes of this institution." |
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