NEW YORK CITY—Home goods retailer Bed Bath & Beyond^—and subsidiary One Kings Lane^—has signed a pair of leases for a new design and photo studio at 250 Hudson St. and 315 Hudson St. with landlord Jack Resnick & Sons.

Bed Bath & Beyond expects to occupy 27,778 square feet, or the full 11th floor, at 250 Hudson Street later this summer. Meanwhile, during the second quarter of 2018, Bed Bath & Beyond and One Kings Lane will occupy 51,576 square feet on the entire fourth floor at 315 Hudson St. after relocating from the existing One Kings Lane offices on the eighth floor of that building.

The tenant was represented by Peter Gross and Jim Gross of Douglas Elliman Commercial in both 10-year transactions. Resnick & Sons' Brett Greenberg and Dennis Brady, along with a Newmark Grubb Knight Frank leasing team of David Falk, Jason Greenstein, Danny Levine and Peter Shimkin, represented building ownership in the 315 Hudson transaction, while Greenberg and Brady were the sole landlord advisors in the 250 Hudson lease.

The company will bring a substantial portion of the design and photography work for Bed Bath & Beyond, buybuy BABY, Christmas Tree Shops andThat! and Harmon Face Values in-house, and will hire a team of approximately 70 creatives to work across the design and photography studios. The photo studio will leverage the best in class talent of the existing One Kings Lane photography, studio operation and production teams, and build upon it to support the entire Bed Bath & Beyond family of brands.

Bed Bath & Beyond is the second major lease signing at 315 Hudson since Jack Resnick & Sons began a $65 million transformation and renovation project in 2016. Last summer, the company finalized a 55,000 square foot lease for Galvanize, a tech learning community that is establishing its first East Coast campus at the building.

“We are excited to welcome Bed Bath & Beyond to our Hudson Street properties,” declares Dennis Brady, executive managing director at Jack Resnick & Sons. “We are thrilled that the company has selected 250 and 315 Hudson to create a top-tier, urban studio and believe their decision will solidify our Hudson Square portfolio as a leading destination for a wide variety of creative, advertising, media and technology tenants.”

Adds Steven Temares, CEO and member of the board of directors of Bed Bath & Beyond, “We are excited to share the plans to open our new Bed Bath & Beyond design and photo studio in Manhattan that will provide significant benefits and capabilities to help further reinforce our position as 'the expert for the home.' We believe bringing more of these capabilities in-house will allow us to enhance our ability to produce more inspirational content. In addition, we expect this effort, over time, to help improve our digital marketing assets and drive other operational efficiencies for the business.”

Jack Resnick & Sons has embarked on a big capital improvement program at 315 Hudson St. The entire building will be upgraded to a state-of-the-art, Class A office building to meet the current and future needs of technology, advertising, media and creative companies.

The redevelopment will include the transformation of the existing rooftop into a new 10,000 square foot landscaped green roof that will have both indoor and outdoor space for building tenants.

Located close to SoHo, TriBeCa, and Hudson River Park, both buildings are near all neighborhood shopping, cultural institutions and restaurants—and in close proximity to the 1, C and E subway lines, as well as the Holland Tunnel, West Side Highway and surface transit.

Over 40,000 people come to Hudson Square every day to work, study and visit, according to Ellen Baer, president of the Hudson Square Connection.“Hudson Square is truly becoming a 24/7 neighborhood,” she says, “and we are excited to welcome Bed Bath & Beyond.”

The redevelopment will include the transformation of the existing rooftop into a new 10,000 square foot landscaped green roof that will have both indoor and outdoor space for building tenants.

Instant Insights /

Bed Bath & Beyond Cozies Up to Hudson Square

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