Publishers Take More Than 65,000 SF at Trinity Sites

NEW YORK CITY-Continuing a trend of publishing concerns finding space in Lower Manhattan, Workman Publishing inked a deal for 57,518 sf on the eighth and ninth floors of 225 Varick St., which is owned by Trinity Real Estate. And lifestyle magazine Real Simple signed a deal for 8,668 sf at Trinity’s 205 Hudson Square.

The independent Workman Publishing signed 10 year-deal and will relocate to Hudson Square from its West Village offices by the third quarter of 2006. The firm currently occupies approximately 50,000 sf at 708 Broadway. It sold its leasehold interest to the Chetrit Group, the new owners of the site. Real Simple is a publication of Time Inc. Its new space will serve as a test kitchen, photography studio and offices. The magazine plans to occupy the space in the third quarter.

According to a Trinity spokesperson, Time signed a deal in the low $30-per-sf range, while Workman’s deal was in the high $20-per-sf range. Jason Pizer, Trinity’s director of commercial leasing and Thomas Lynch of Trinity Real Estate represented the ownership, while Art Nelkin of Nelkin Real Estate Advisors and Richard Price of Winoker Realty Com. acted on behalf of Workman. John Moxley of Cushman & Wakefield represented Time Inc., while Pizer acted on behalf of the ownership in the Real Simple deal.