As Manhattan’s carnal bureau occupancy continues to fluctuate astir 41%, arsenic per Kastle Systems’ Back-to-Work Barometer, it seems counterintuitive that galore companies amusement nary motion of cutting backmost their space.
In 1 of this year’s largest rebuttals to the “work from home” panic, public relations consulting elephantine Edelman conscionable renewed connected 173,618 quadrate feet for 15 years astatine Jack Resnick & Sons’ 250 Hudson St. The steadfast has been determination for 13 years — “one of the champion decisions we’ve made,” said CEO Richard Edelman.
The renewal is more awesome fixed that companies successful the media and selling fields specified arsenic Edelman supposedly lend themselves to WFH much than financial-services firms.
The 1932-vintage erstwhile printing trades gathering was converted into a Class-A bureau spot successful 2009 for $40 million.
Resnick was a pioneer successful transforming the Hudson Square area, erstwhile a halfway of printing and manufacturing, into a modern bureau destination. Resnick besides precocious redeveloped 315 Hudson St., which is present chiefly leased to Google.
CBRE’s Mary Ann Tighe, Ken Meyerson, Todd Lippman and Adele Huang repped Edelman successful the lease renewal. Adam Rappaport and Brett Greenberg repped Resnick in-house.