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Old September 11th, 2007, 02:05 AM
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Default 324 Hudson Street / Hudson Square Office - Retail - Hotel Development

Office-Hotel Is Planned in Old Haven of Printing

NY TIMES
By CHARLES V. BAGLI
September 11, 2007

A developer is striking a deal to transform a small warehouse north of Hudson Square into a 22-story office building and boutique hotel in the latest sign that the once gritty neighborhood’s links to the printing industry are fast disappearing.

Tribeca Associates and Square Mile Capital Management expect to close today on a 99-year lease with the property owner, Trinity Church, to take over a long-vacant eight-story warehouse on Hudson Street, between Charlton and Vandam Streets. The partners plan to begin construction later this month on renovating the structure and adding a 14-story brick tower on top, according to both sides.

The new $220 million building would feature high-end shops on the ground level, 10 stories of office space and a 171-room luxury hotel above. The top two floors would have floor-to-ceiling glass walls, a swimming pool and space for large events.

“Trinity took it from a printing district and made it into a creative, commercial office district,” said Bill Brodsky, a principal of Tribeca Associates. “With this hotel, we think we can turn the corner and make it a 24-hour neighborhood.”

From the 1920s through the 1980s, the surrounding neighborhood hummed with the sounds of printing presses and the smell of ink. But in the late 1990s, Trinity Church, the largest landlord in the area with 14 buildings, made a concerted effort to convert the factories into office space. Across the street from Trinity’s eight-story warehouse is 345 Hudson Street, a nearly 1 million-square-foot building that now houses MTV, CBS Radio, the Guggenheim Foundation, Penguin Putnam Publishers, In Demand and the Weinstein movie company.

Printers’ hangouts like Renato’s on Vandam and the Printer’s Pub at 480 Canal Street are long gone. And the church has named the area north of Canal Street and east of Varick Street “Hudson Square” to give the neighborhood a greater sense of panache.

The same trend has unfolded in the now chic meatpacking district and in the garment district to the north and in TriBeCa to the south, as the last remnants of Manhattan’s manufacturing districts succumb to foreign competition, rising rents and the unrelenting pace of luxury development.

Trinity is still hoping to attract more commercial tenants, as well as restaurants, night life and residents to Hudson Square, where it owns about five million square feet of space.

Carl Weisbrod, president of the church’s real estate arm, Trinity Real Estate, said the addition of “this luxury boutique hotel will be a valuable resource for these companies and is an important step in the evolution of the neighborhood to a true, 24/7 community.”

Copyright 2007 The New York Times Company
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Old September 11th, 2007, 02:21 AM
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DOB lists this building as 324 - 344 Hudson Street / 67 - 77 Vandam Street / 78 - 88 Charlton Street

A PERMIT was ISSUED on 06/22/2007: HEREBY FILING FACADE AND MASONRY RESTORATION AS PER PLANS.

This site is on the western end of the block where the McSam hotel is rising at 66 Charlton Street.

324 Hudson is the 8-story building on the right below ...



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Old September 11th, 2007, 02:31 AM
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The low-rise yellowish building at center above (74 - 76 Charlton / 81- 83 Vandam) is undergoing a renovation, which DOB describes as:

Quote:
CONVERSION, AND RENOVATION OF AN EXISTING FACTORY BUILDING TO AND EATING AND DRINKING ESTABLISHMENT.
ARCHITECTURAL WORK. NEW CERTIFICATE OF Occupancy to be obtained
How it looks from the Vandam side (left below); the passageway from Vandam between this and 324 Hudson (right below) ...

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Old September 11th, 2007, 03:29 AM
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Let's cross our fingers that they choose a good design firm and we get a good design to negate/counteract against that McSam foulness a few doors away.
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Old September 11th, 2007, 10:47 AM
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At the risk of getting myself whacked: I can say that this McSam Hotel at 66 Charlton -- being all black & simple and with some good sized buildings to the north, east & south -- is less offensive than most of that species and is hardly noticeable until you get right in front of it.
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Old September 11th, 2007, 11:22 AM
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Prayers Answered: 22 Mixed-Use Stories for Hudson Square

CURBED
Tuesday, September 11, 2007, by Joey



The centuries-old Trinity Church is kicking it into high-gear when it comes
to doing the Lord's work, and by doing the Lord's work, we of course mean
developing Hudson Square. The nabe's biggest landlord has been up to something
on Canal Street, and now Charles Bagli reports in the Times that the church is leasing out
an eight-story warehouse on Hudson Street—which we're guessing is 324-344 Hudson (above),
but it's difficult because Trinity owns so freakin' much—to developer Tribeca Associates.
The plan is to build a 14-story brick tower on top of the warehouse, and turn it into
the mixed-use cocktail du jour: retail/office space/luxury hotel. The top two floors
of the 171-room hotel would have floor-to-ceiling glass, a pool and an event space.
Construction begins this month, God willing.

· Office-Hotel Is Planned in Old Haven of Printing [NYT]
· Trinity Church Throws a Teardown Party on Canal [Curbed]

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Old September 11th, 2007, 02:05 PM
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It's not McSam. Address will be 330 Hudson Street. It will be developed in the Ganesvoort mode. Tower design will draw from the existing base.
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Old September 11th, 2007, 03:35 PM
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Quote:
Originally Posted by BrooklynRider View Post
It's not McSam. Address will be 330 Hudson Street. It will be developed in the Ganesvoort mode. Tower design will draw from the existing base.
I was not pleased with this development as I find the existing structure to be quite nice. However, your comment may be good news. Will the existing building be saved (a la Hearst) and the tower built upon it?
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Old September 11th, 2007, 03:58 PM
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I know the 324 Hudson project won't be a McSam -- I was referring to the SoHo Four Seasons McSam going up down the block.

And yep -- the plan is tor restore the existing 324 Hudson and build above:
Quote:
... The partners plan to begin construction later this month on renovating the structure and adding a 14-story brick tower on top ...
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Old September 11th, 2007, 04:10 PM
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Quote:
Originally Posted by lofter1 View Post
....

And yep -- the plan is tor restore the existing 324 Hudson and build above:
That's great news. Thanks.

P.S.: I concur re: the nearby McSam.
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Old September 11th, 2007, 05:29 PM
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Four Seasons has now hooked up with McSam?!! What the hell has this world come to?
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Old September 11th, 2007, 07:30 PM
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Ooops ...

Shoulda writ "Four Points" ...

Four Points by Sheraton Soho Village – 152 rooms
66 Charlton Street (between Varick and Hudson Streets)
Scheduled Opening: Fourth Quarter 2007
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Old September 11th, 2007, 08:20 PM
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^ whew!

Quote:
22-Story Green Office/Hotel Planned at Hudson Square





By Natalie Dolce
September 11, 2007


NEW YORK CITY-Developer Tribeca Assoc. has chosen Brennan Beer Gorman Architects to design its latest mixed-use office and boutique hotel at 330 Hudson St. A source close to the deal confirms to GlobeSt.com that the price is $220 million, and the deal--which was set to close today--will close "any moment now."

The 12-story boutique hotel will rise above the office building and will be one of the few Silver LEED Certified hotels in the US. Located in the downtown Hudson Square area of Manhattan, blocks away from SoHo, Tribeca and the West Village, 330 Hudson St. will feature the redevelopment of the existing historic eight-story masonry warehouse building into 292,000 sf of office space, 15,000 of retail space, and a 171-room luxury boutique hotel tower.

The source tells GlobeSt.com that Andrew Peretz and Robert Constable, both executive directors of Cushman & Wakefield, brokered the ground lease on behalf of the developer. Upon completion, the 22-story building will contain a 7,000-sf rooftop event space, rooftop pool, sky bar, signature restaurant, outdoor terraces, conference center, and a fitness center.

According to a release from the architect, 330 St. Hudson spans nearly 100 years of design: the high quality “bones” of 20th century construction coupled with the addition of the latest, cutting edge systems, design vision and amenities. Originally built in 1910, the existing palazzo scale warehouse building was designed by Charles Haight as a U shaped structure facing Hudson Street, featuring magnificent views as well as a significant courtyard at the building’s east side.

The release noted that BBG’s design renovation retains the original external structure continuing the courtyard’s role as an important iconic element. A meticulous restoration of the facade preserves the building’s unique New York design detail of the early 20th century.

"Rising from the historic building, the slender rectilinear luxury boutique hotel tower is designed to respect and compliment the style and proportion of the existing building, while simultaneously portraying its architectural difference," the release said. "Contrasting with the heavier masonry base, the new light-weight tower appears to soar out and over the existing eight-stories below. The tower is capped with a signature double height loggia that heightens the sense of ascension."

“We are pleased to help create a new benchmark of sustainable design integrating a highly design conscious attitude of historic preservation with a commitment to protecting our environment,” says Marc Gross, BBG’s partner-in-charge. Designed with optimal efficiency in mind, 330 Hudson features a completely new infrastructure package. Among the few hotels in the US to attain a Silver LEED Certification, its sustainable design features makes the building revolutionary in its scope of environmental consciousness.

Copyright © 2007 ALM Properties, Inc.
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Old September 11th, 2007, 09:29 PM
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The original building will be retrofit to office space. There are major corporations currently in talks for the space - some that might be surprising considering their present locations in NYC. The lower floors will be office space and the 15 floor tower addition will be hotel. The top floor will be an oversized outdoor pool, party deck and high end bar. It will connect to the floor below where the nightclub will include VIP areas.
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Old September 11th, 2007, 11:17 PM
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Quote:
Originally Posted by BrooklynRider View Post
The original building will be retrofit to office space....
This is great news. I was too depressed about the loss of this building to actually read the article. This area has a lot of charm.
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