Gourmet Food Market Signs Lease at 303 10th Avenue
Jennifer Henderson Aug. 5, 2014, 5:19 p.m.
Hudson Market has signed a long-term lease for 5,100 square feet of ground-floor retail space at 303 10th Avenue, an 89-unit luxury residential rental building called Port 10.
Asking rent for the space was $100 per square foot, according to a spokeswoman for Eastern Consolidated who declined to comment on the length of the lease.
The space also includes 800 square feet on the basement level of the building between 27th and 28th Streets, according to a release from Eastern Consolidated. The Chelsea building neighbors the High Line.
“Inspired by the energy of British markets and aesthetic of European food halls, Hudson Market will be a sensational food experience and an incredible amenity for West Chelsea,” Alexander Hill, a senior director in the retail leasing division of Eastern Consolidated, who represented the tenant in the transaction, said in a prepared statement.
Hudson Market’s new space has been vacant for several years since the building’s opening, according to The New York Post, which first reported news of the deal.
“We are very excited to have… Hudson Market as a tenant at Port 10,” Joshua Young, the vice president of building owner Atlantic Development Group, said in a prepared statement. “This concept is exactly what the area has been waiting for and we feel that everyone in the neighborhood and building will profit from its presence. Mr Young represented building ownership in-house.
As Terence Park’s sixth food venture in Manhattan, Hudson Market will feature selections from chef Greg Grossman, along with organic grocery items, coffee and juice bars, a deli and restaurant, according to the release.
Mr. Park teamed up with Mr. Grossman for a concept called Hudson Food Hall as reported in March by CO. Mr. Park said he had brokers negotiating two 10,000-square-foot spaces for him on Hudson Street and Park Avenue South at that time.
Messrs. Park and Grossman were not immediately available for comment.