Publicis signs lease with Trinity Church Wall Street and Norges Bank

Publicis Group through the entity Lion Re: Sources, Inc., as tenant, signed a memorandum of lease with landlord Trinity Church Wall Street and Norges Bank Real Estate Management through its entity 375 Hh, Llc for 1 parcel, including the tax class office bank building designed exclusively for banking (O6) at 375 Hudson Street in Soho. The memorandum was signed on August 15, 2019 and was recorded on August 22, 2019
The property contains a total of 1,076,164 square feet of built space. The lease is for 960,000 square feet.
The last time the property sold was August 15, 2017, for $580,000,000.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building on February 19, 2013.
Over the past five years, there have been 73 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 major renovation applications including a certificate of occupancy change (A1) filed with a total estimated value of $230,000. There were 71 renovation/alteration projects (A2) applied for with a total estimated value of $32,693,426.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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