ProMedia Signs 15-Year Lease For 27,780 Square Feet At 250 Hudson Street In Manhattan
250 Hudson Street
Building Size
27,780 SF
Asset Type
Office
Closing
Sep 21, 2026
About this deal
AI
The property asset involved in this transaction is an office space located at 250 Hudson Street in Manhattan’s Hudson Square. It encompasses a total square footage of 27,780 square feet and is part of a market that caters to a variety of corporate needs.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 250 Hudson Street
- Market: Hudson Square
- Landlord: Jonathan D. Resnick - Jack Resnick & Sons
- Tenant: ProMedia
- Landlord's Representative: Brett Greenberg & Adam Rappaport - Jack Resnick & Sons
- Tenant's Representative: Gordon Ogden & Ava Beganovic - Bradford Allen
- Lease Duration: 15 years
In this transaction, ProMedia is represented by Gordon Ogden and Ava Beganovic from Bradford Allen. The landlord, Jack Resnick & Sons, was represented in-house by Brett Greenberg and Adam Rappaport, facilitating the leasing agreement.
On the Map
Office
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Players
Hudson Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93