Olshan Properties has recently secured two leases totaling 21,411 square feet at 99 Hudson Street in Tribeca. Community College Campus Inc. has leased 9,300 square feet for their NYC headquarters and HR&A Advisors have renewed their existing space of 12,111 square feet.
According to Zach Bornstein, president of Olshan Properties, the company’s goal for 99 Hudson is to meet the market’s demand for high-end and newly constructed premium spaces. He further added that today’s tenants are looking for modern and well-designed environments which they have successfully achieved at this location. These recent lease agreements demonstrate how companies are drawn towards this property as it offers a perfect setting to support their return-to-office efforts.
The transactions were facilitated by Eric Cagner, Jon Franzel,Claire Koeppel,and David Falk from Newmark on behalf of Olshan Properties while Darell Handler and Kyle Galin from Handler Real Estate represented Campus Inc.. The professional services firm was represented by Michael Mathias from Cushman & Wakefield in the five-year extension deal.
This news was originally published on Connect CRE website.