Cassidy Turley Negotiates 15 Year Lease for Writers Guild of America, East at 250 Hudson Street

By Suzanne Dawson

Published on March 15, 2010


NEW YORK, March 15, 2010 – Cassidy Turley, one of the largest commercial real estate service firms in the U.S., announced today that Writers Guild of America, East signed a fifteen year lease covering roughly 16,000 square feet on a portion of the 7th floor at 250 Hudson Street.

The Writers Guild plans to relocate its headquarters from 555 West 57th Street to 250 Hudson Street in the spring of 2010. Writers Guild of America, East, AFL-CIO (WGAE) is a labor union representing writers of motion pictures, television, cable, digital media and broadcast news. WGAE negotiates certain collective bargaining agreements with Writers Guild of America, West. Together the guilds administer the Writers Guild of America Awards and are affiliates of International Federation of Journalists and International Affiliation of Writers Guilds.

“WGAE’s decision to relocate its offices to 250 Hudson is consistent with the organization’s efforts to reestablish its image,” said David L. Hoffman, Jr., Executive Managing Director/Principal at Cassidy Turley who represented WGAE in the lease transaction. “After twenty years at 555 West 57th Street, WGAE required more functional office space in a more easily accessible location. 250 Hudson Street provided a perfect combination of reliable, creditworthy ownership, a beautiful recent renovation of the entire building and proximity to other Hudson Square media related companies.

Also representing WGAE from Cassidy Turley were David Lebenstein, Director of Not For Profit Specialty Practice Group and Wendy Miller, Managing Director.

“We invested a great deal of time and effort thinking through WGAE’s needs. We are delighted we found a space that will be open and inviting to members and staff alike,” said Lowell Peterson, Executive Director of WGAE.

The building’s owner, Jack Resnick & Sons, was represented in house by Dennis Brady and Jonathan Dean.

About Cassidy Turley
Cassidy Turley is one of the largest commercial real estate services providers in the U.S., with 420 million square feet of managed space in 57 locations and $16 billion in completed transactions for 2008. The firms comprising Cassidy Turley include Cassidy & Pinkard Colliers in Washington, DC, Colliers Turley Martin Tucker in the Midwest, Colliers ABR in New York City and Colliers Pinkard in Baltimore, Charlotte and Raleigh, along with the addition of BT Commercial and CPS in Northern California (formerly affiliated with NAI and CORFAC, respectively), BRE Commercial in Southern California and Phoenix (both formerly affiliated with Grubb & Ellis) and Colliers Houston & Co. of New Jersey. Collectively, the Cassidy Turley firms have over 360 shareholders. Through its team of experienced service professionals, Cassidy Turley focuses on the needs of its clients, offering end-to-end services delivered across a full spectrum of commercial real estate including Capital Markets, Corporate Services (which supports more than 22,000 locations), Landlord and Tenant Representation and Property and Project Management. The firm also offers specialty services and industry focused practice groups as well as first class market research. In addition, Cassidy Turley is a leader in assisting clients to create more sustainable workplace environments.

Suzanne Dawson
Linden Alschuler & Kaplan, Inc.
212.329.1420
sdawson@lakpr.com

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