Most listings are in the $80's per square foot per year. The Hudson Square region is seeing a a rise in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the New York City market, the Hudson Square submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 59 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available space in the Hudson Square are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 15,490 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 10 floors. Most buildings in this market were built in 1922 and are Class A.
Health care is the dominant industry in this region. Most of the occupants of Hudson Square work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.