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372 Hudson St. 375 Hudson St., last block with over 100,000 square feet of office space available in Hudson Square/ Image: Google Maps

NEW YORK CITY—Hudson Square, once known as the Printing District, historically had large buildings which housed printing presses. As the internet moved traditional publishing to digital communications, companies repurposed the expansive spaces. With sizable floor plates, these buildings provided value added space attracting TAMI (technology, advertising, media and information) companies.

However, in a GlobeSt.com interview, Transwestern’s research manager Danny Mangru points out Google’s taking up almost a half million square feet in Hudson Square in Q4 2018, pushed the submarket’s availability from 14.3% to 6.9%. “That’s a significant drop,” he says.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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