New York & Tri-State + Downtown New York + Office | September 23, 2022

One SoHo Square is a newly renovated office building at 233 Spring St. in Manhattan

E-Commerce Platform Yotpo Subleases Hudson Square Offices

Yotpo, a leading e-commerce marketing platform, has signed a 30,688-square-foot sublease at Stellar Management’s One SoHo Square at 233 Spring St. in Hudson Square. CBRE’s Harly Stevens, Jared Freede and Josh Pernice represented the tenant in the sublease negotiations.

“Yotpo upgraded its office presence significantly by relocating its U.S. headquarters from 400 Lafayette Street to the newly renovated Class A building at One SoHo Square,” said Stevens. “The sub-landlord’s buildout resulted in a very high-end, fully wired space that was never occupied. The deal reflects the continued growth and expanding presence of the eCommerce sector in New York City.”

Freede added, “Over the past two years, our team worked closely with Yotpo to help define its hybrid work strategy. The process resulted in Yotpo implementing a bespoke return to work plan, while also identifying an opportunity for the business to secure a space with minimal capital investment.”

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CBRE's StevensCBRE's Freede

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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