FremantleMedia, among the largest producers of reality television brands in the world, including American Idol, America’s Got Talent and loads of other shows your kids watch, has signed an 8,000-square-foot lease at 435 Hudson Street. The group will occupy part of the fourth floor of the building, in part to consolidate all of its operations under one roof. In October, the group acquired a 60 percent share of @radical.media, a global media business that is also housed at the Trinity Real Estate-owned building. FremantleMedia is expected to relocate later this year after the space is renovated.
Marc Packman and Peter Fontanetta of Trinity Real Estate negotiated on behalf of the building’s owner, while Jeffrey Peck and Gary Kerper of Studley handled FremantleMedia.
“We determined that relocating to the home of @radical.media and shifting our New York City headquarters from midtown south to the media-centric Hudson Square submarket was the ideal solution for our organization given how closely we work together,” Keith Hindle, chief executive of FremantleMedia, said in a statement. “We are thrilled that Studley was able to accomplish both tasks and look forward to calling 435 Hudson Street our new home.”
jsederstrom@observer.com