Compared to the rest of the New York City market, the Hudson Square region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 64 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available space in the Hudson Square are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 12,160 sqft, there are still 0 leases below 2,000 sqft. Most properties 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 folk 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.