The newly developed 60 Charlton St. boutique property in Hudson Square in New York City has secured its first tenant, international early-stage tech investor Picus Capital in a 10-year lease for 6,520 square feet.
Picus Capital will relocate its New York City office to the spectacular 12th floor space that features floor-to-ceiling glass, ceiling heights of over 15 feet and a private terrace. The 12-story 60 Charlton just completed a redevelopment and expansion. AEW Capital Management owns the building in a joint venture with APF Properties and Drake Street Partners.
“We are delighted to welcome our first tenant to 60 Charlton, a property that was transformed to meet the needs of forward-thinking companies like Picus Capital who are looking to grow in the heart of one of the city’s most dynamic neighborhoods,” said Adam Schwank, a director at AEW Capital Management.
Located on the southwest corner of Charlton and Varick Streets, 60 Charlton is a 98,400-square-foot, Class A boutique office building situated between Disney’s 1.2 million-square-foot office campus currently under construction at 137 Varick St. and Google’s new 1.3 million-square-foot headquarters at St. John’s Terminal.
The multimillion-dollar redevelopment restored the original architectural details, rehabilitated the building with modern mechanical infrastructure and, with the six newly constructed stories, created a 12-story brick and glass curtainwall, steel and concrete-framed building with floorplates ranging from 9,000 square feet to 6,500 square feet. The property is LEED Gold certified.
Tenant amenities include a boutique-hotel style lobby with a fireplace and seating area, a bike room and shower area, and an outdoor roof deck with kitchen service area. Additionally, ownership just completed two full-floor prebuilds.
JLL’s Mitchell L. Konsker, Benjamin Bass, Kristen Morgan, Carlee Palmer and Harrison Potter represented the landlords in the lease with Picus Capital. Richard Bernstein and Troy Elias of Cushman & Wakefield represented the tenant.
