PR agency Edelman bucks work-from-home development with renewed lease in Hudson Sq.

As Manhattan’s bodily workplace occupancy continues to fluctuate round 41%, as per Kastle Programs’ Again-to-Work Barometer, it appears counterintuitive that many firms present no signal of reducing again their house.

In certainly one of this 12 months’s largest rebuttals to the “work at home” panic, public relations consulting large Edelman simply renewed on 173,618 sq. ft for 15 years at Jack Resnick & Sons’ 250 Hudson St. The agency has been there for 13 years — “ among the best selections we have made,” stated CEO Richard Edelman.

The renewal is extra spectacular on condition that firms within the media and advertising fields similar to Edelman supposedly lend themselves to WFH greater than financial-services companies.

The 1932-vintage former printing trades constructing was transformed right into a Class-A workplace property in 2009 for $40 million.

Resnick was a pioneer in remodeling the Hudson Sq. space, as soon as a middle of printing and manufacturing, into a contemporary workplace vacation spot. Resnick additionally lately redeveloped 315 Hudson St., which is now primarily leased to Google.

CBRE’s Mary Ann Tighe, Ken Meyerson, Todd Lippman and Adele Huang repped Edelman within the lease renewal. Adam Rappaport and Brett Greenberg repped Resnick in-house.

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Written by trendingatoz

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