Google has renewed its 411,000-square-foot lease at 315 Hudson St., a property associated with Jack Resnick & Sons in the Hudson Square submarket, as detailed in Colliers’ latest report on Manhattan office leasing. The transaction is one of several significant office commitments noted in the report, which collectively pushed May 2026 leasing activity to more than 50% above the 10-year monthly average for Manhattan.
The renewal at 315 Hudson St. reinforces Google’s long-standing presence in Hudson Square. The space is part of a $1-billion New York campus that Google has assembled, which has also included offices at 345 Hudson St. and 550 Washington St. Within that campus, a portion of the company’s space at 345 Hudson St. was placed on the sublease market last year, indicating some reconfiguration of its broader real estate footprint even as it re-ups at 315 Hudson.
Colliers’ report highlights that the Google renewal was not the only large transaction supporting May’s elevated leasing totals. Law firm Simpson Thacher & Bartlett completed a 916,000-square-foot commitment at Extell Development’s 570 Fifth Ave., adding another sizable deal to the month’s tally. According to the report, this transaction, together with Google’s renewal, contributed materially to the outperformance versus the decade-long monthly leasing average.
Additional activity in May included Versant’s 249,000-square-foot renewal and expansion at 229 W. 43rd St., as well as law firm Baker McKenzie’s 122,000-square-foot renewal and expansion at 10 Bryant Park. Both of these properties are located in Midtown and further underscore the concentration of large office deals recorded during the month.
Across these transactions, Colliers’ data points to a period of heightened leasing velocity in Manhattan’s office market, spanning Hudson Square and key Midtown locations. Large tech and law firm commitments at buildings such as 315 Hudson St., 570 Fifth Ave., 229 W. 43rd St., and 10 Bryant Park formed the backbone of May 2026’s performance relative to longer-term historical norms.
