Morgan Stanley, which until Sept.11 was the World Trade Center's largest tenant with over one million SF, has subleased 150,000 SF at One Hudson Square from Getty Images, according to James S. Meiskin, president of Plymouth Partners, Ltd., which represented Getty in the transaction.

Morgan Stanley took two floors, the entire fourth and sixth floors, each with 75,000 SF, with an aggregate rental of approximately $50 million on the five-year sublease.

Getty, the sublessor, was represented by James Meiskin, president of Plymouth Partners, and Tim Kucha, senior director, and Mark Thompson, managing director, also of Plymouth Partners. Stuart Christy and Stephen Heyman represented Trinity Real Estate, the building owner. Phil Sprayregen of CB Richard Ellis represented Morgan Stanley.

"The negotiations went very quickly, about six weeks," according to Meiskin, "because it was a good fit for both. In addition, " he added, "Trinity Real Estate was very cooperative and put the deal on a fast track process. Morgan Stanley is a very desirable tenant because they have great credit, a superb image and will improve the area. We're happy to have taken part in an important segment of Morgan Stanley's overall establishment following the World Trade Center tragedy."

Getty originally leased 225, 000 SF at One Hudson Square through Plymouth Partners in one of the largest deals of the year 2000. Getty Images, the world's photo image business, is retaining 75,000 SF at One Hudson Square, as well as an additional 37,000 SF across the street at 200 Hudson St., which Plymouth also negotiated during 2000.

Morgan Stanley chose the space at One Hudson Square because of its unusually large floor plate and the fact that it is one of the largest blocks of space so close to the World Trade Center area, as well as the ownership quality of the building. Bank of New York has also located at One Hudson Square, taking over space vacated by Start Media and Saatchi.