TIAA-CREF has purchased 1511 Third Avenue on the Upper East Side from Related Companies for $60 million, sources tell The Commercial Observer.
The 60,000-square-foot property is a four-story landmarked building, one block south of East 86th Street, the main retail artery in the neighborhood.
Eastern Consolidated has arranged the sale of a 1,500-square-foot retail condo at 119 Chambers Street, currently occupied by high-end designer thrift shop Housing Works, for $2.5 million, The Commercial Observer has learned.
The condo, located in TriBeCa’s densest retail thoroughfare, features a 1,500-square-foot street level space, with 25 feet of retail frontage, and a renovated 1,500-square-foot basement.
SoulCycle will be opening their first Brooklyn location at 184 Kent Avenue.
The luxury indoor cycling boutique, a subsidiary of Equinox, has inked a fifteen year deal for 4,300 square feet on the ground floor of a new residential building in Williamsburg.
“I targeted SoulCycle as an ideal tenant for the space and made the Read More
Blink Fitness, a division of the Equinox Fitness athletic club, is set to open an 18,119 square foot fitness center at Concourse Plaza in the Bronx.
Equinox Fitness, a subsidiary of the Related Companies, operates three brands: Equniox Fitness, PURE Yoga, and Blink Fitness. Equinox Fitness caters to a luxurious and high-end experience, PURE Yoga Read More
Blink Fitness, the new affordable gym chain launched by Equinox that aims to be friendly on one’s waistline and wallet, has signed a lease to take 16,000 square feet at 600 Third Avenue, it was announced today.
REIT bigwigs SL Green have reportedly hired Eastdil Secured to help them dump a stake —from about 49 percent to 80 percent — in 521 Fifth Avenue, a 39-story officer tower, the NY Post’s Lois Weiss reports.
Never mind the famed stair run, for once the race in the Empire State Bulding is for the bottom. King’s College is negotiating to renew and expand to 60,000 square feet on the lower floors there.
The Christian liberal arts college currently houses its administrative offices and classroom space in 50,000 square feet on Read More
In the first full week of the new year, the real estate story that encouraged the greatest flurry of angry letters, intervention from elected officials, and building violations was not Stuyvesant Town’s impending default, nor Atlantic Yards. It was, in essence, two sheets of cloth draped over a building in Greenwich Village.
The Equinox Fitness Read More