X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-PostWorks, New York, Trinity Real Estate’s flagship tenant at 100 Avenue of the Americas, expanded to 112,355 sf on floors six, 10, 11, 12 and 14. The company presently occupies the entire 10th and 11th floors, as well as parts of the 12th and 14th. Asking rents in the building are in the mid-$40s range.

The lease calls for the company to expand its facilities here by taking an additional 7,453 sf on the 14th floor; 12,180 sf on the 12th floor; and the entire sixth floor comprising 22,471 sf. Jason Pizer and Peter Fontanetta of Trinity Real Estate negotiated the PostWorks expansion.

PostWorks is also close to leasing the entire third floor and part of the fifth, which would soon bring its total occupancy at 100 Avenue of the Americas to 139,000 sf. The continuous growth of motion picture and broadcast video in New York, the addition of two new mixing suites, and the firm’s merger with mobile services provider Orbit Digital have all contributed to PostWorks’ expansion in Hudson Square.

In May of 2005, the company inked an 11,000-sf lease at the facility. In the summer of 2003, the digital post-production facility inked a 10-year deal for 26,000 sf of space.

Carl Weisbrod, president of Trinity Real Estate says, “since coming to Hudson Square in 2003, we have watched PostWorks flourish, becoming an anchor in our neighborhood of creative service companies in film, television and radio broadcasting, and design. We are pleased to have this prominent company grow within our community.”

Locally based Trinity Church maintains a portfolio of more than six million sf. The 17-story, 333,994-sf building at 100 Avenue of the Americas is located between Grand Street and Watts Street. In addition to PostWorks, it is home to a variety of tenants, including Aveda, Uniworld, Bates Healthworld and Jobson Publishing.

David Rosen, CEO and owner of PostWorks adds that, “we are thrilled to be able to expand in Hudson Square, and contribute to the energy that has turned this neighborhood into a center for New York City’s creative community.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.