Hudson Mkt. gets a home
POST FOCUS ON COMMERCIAL REAL ESTATE
HUDSON Market, a much buzzedover collaboration of Bread & Butter chain owner Terence Park and 19yearold wunderkind chef Greg Grossman, will open this fall — but not at any of the locations previously mentioned.
The first Hudson Market will launch in 5,100 square feet at 303 Tenth Ave., the luxury rental apartment building known as Port 10 next to the West 28th Street High Line entrance.
Eastern Consolidated Senior Director Alexander Hill, who just happens to live in the building, brokered the deal.
Joshua Young represented landlord Atlantic Development Group inhouse. The asking rent was $100 per square foot, but actual terms were not released.
Hudson Market is expected to be the prototype for further gourmetstyle marketplace/eateries that Park hopes to launch in Manhattan (he’s been reported to be looking for locations in Tribeca and on Park Avenue South).
Hill said its mix of products and services, including organic grocery and produce, coffee bar, carvery area and a restaurant featuring vegetarian dishes by Grossman, is “inspired by the energy of British markets and aesthetic of European food halls.”
Young Grossman, executive chef of popular Wainscott, L.I., restaurant Georgica, was recently profiled in the Wall Street Journal, which called him “something of a wunderkind in the restaurant business since he was eight.”
At 303 Tenth Ave., the retail space leased to Hudson Market, has been vacant since the building opened a few years ago. The art world’s Heller Gallery previously took about 3,000 square feet.
World Trade Center watch: Work has resumed atop the sevenstory podium base of 3 WTC. Passersby on Church Street have noticed concreteform work on the roof to prepare for installation of a tower crane, which will do the heavy lifting for the 80story skyscraper.
It does not yet portend full construction, which awaits Larry Silverstein securing a construction loan. But it’s an important step nonetheless, made possible by the recent agreement with the Port Authority that lets him immediately tap $50 million of $159 million in insurance proceeds — and for the first time to work higher than the podium.
Silverstein says the Richard Rogersdesigned tower will be finished by early 2018. Media company GroupM has already signed for 550,000 square feet in the 2.3 million squarefoot tower.
Sources said Silverstein hopes to secure financing by the end of September. His reps declined to comment.
Meanwhile, at ground level: In first reporting on the planned reopening of a segment of Cortlandt Street through the WTC, the New York Times’ David W. Dunlap wrote that it “ought to go far in restoring an urban pulse” to the 16acre site.
And how! Although the stepped new passageway between Church and Greenwich streets has an alleylike feel — scrunched between 4 WTC and the base of 3 WTC — it’s been throbbing with energy since it opened on Friday. For the first time, strollers can reach the Memorial from Church Street without having to take a maddeningly circuitous route to West Street.
It’s a big step in reintegrating the WTC into the street grid for the first time since the “superblock” went up in the late 1960s. For once, unqualified praise is due to the Port Authority, the city and their designers.