Real Estate Weekly
Image default
Deals & Dealmakers

Online retailer fills 315 Hudson Street

One Kings Lane, the online retailer of home goods and lifestyle brands, has leased the entire 51,576 s/f8th floor at Jack Resnick & Sons’ 315 Hudson Street for its new Manhattan headquarters, bringing the Hudson Square office building to 100 percent occupancy.

The firm, which presently has offices at 205 Hudson Street, expects to relocate to its new facilities at the beginning of 2016.

Peter Gross, of Douglas Elliman Commercial, represented the tenant in the lease negotiations, while Brett Greenberg and Dennis Brady represented the building’s ownership in-house. Asking rents at the building are in the mid $70’s per square foot.

Founded in 2009 by Susan Feldman and Alison Pincus, One Kings Lane today has 11 million members and a staff of more than 350 employees serving offices in New York and San Francisco.

“This transaction reflects the continuing desirability of the Hudson Square neighborhood, and the establishment of 315 Hudson Street as one of the top destinations for creative tenants in New York City,” said Jonathan Resnick, president of Jack Resnick & Sons, who noted that his firm’s Hudson Square portfolio — a total of nearly one million square feet at 250 and 315 Hudson Streets — is now fully leased.

Other tenants at 315 Hudson, which is LEED and Energy Star certified and most recently Wired Certified Gold, are nonprofit conference producer TED Talks, online advertising company Intent Media, and luxury fashion retailer Moda Operandi.

The Resnick Organization is planning a major renovation at 315 Hudson Street over the next few years. It will feature a renovated lobby, a landscaped usable green roof, new windows and upgraded building infrastructure and mechanical systems.

Over 300,000 s/f of office space and approximately 25,000 s/f of retail space will be marketed in conjunction with the redevelopment.

Related posts

Innovative Urby Residential Brand Launches Newest Location of Downtown Newark Next to Rutgers

REW

Signature Acquisitions Demonstrates Commitment to Sustainability with the Installation of Over 200,000 Square Feet of Solar Panels Across Class-A Office Portfolio

REW

Non-Profit Breaking Ground Extends 13,703-SF Lease at 520 Eighth Ave.

REW