The motion picture lab will occupy 44,000 sf of commercial space at 435 Hudson St., including the entire ninth floor and portions of the eighth floor and basement. A source close to the deal tells GlobeSt.com that the price per sf is $45.

Carl Weisbrod, president of Trinity Real Estate, owner of the property, says, "Trinity is delighted to welcome Deluxe Entertainment to New York City, joining the creative mix of design, advertising, and media firms that call Hudson Square home. The arrival of this industry leader will be an asset to New York City's film industry and complement Hudson Square's roster of dynamic companies."

Erik Schmall of Studley represented Deluxe in the lease negotiation. Trinity was represented by Jason Pizer, SVP of real estate leasing.

According to a statement issued by Deluxe, the New York City site will house a state of the art motion picture laboratory, HD telecine, editorial, media management, and a Digital Intermediate post-production center, under the EFILM banner.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.