Manhattan Church Leads an Area’s Improvement

(The New York Times) It has been a long slog for 330 Hudson Street. The eight-story former warehouse, between Charlton and Vandam Streets in the Hudson Square neighborhood, has been vacant for a decade after several scuttled development plans and even a legal tussle.

Jason Pizer is president of Trinity Church's real estate unit and manages six million square feet of office space. Credit: Andrea Mohin/The New York Times

Last week construction finally began on a $113 million renovation of the circa 1910 building, including adding eight stories to the structure to create a 440,000-square-foot office tower that will house Pearson, the British publisher of The Financial Times and Penguin Books.

Source: http://www.nytimes.com/2012/02/08/realesta...