Sales Beat

1511 Third Avenue

TIAA-CREF Pays $60M for 1511 Third Avenue

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. Read More

Sales Beat

119-chambers-2

Eastern Consolidated Arranges $2.5M Sale of TriBeCa Retail Condo

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. Read More

Lease Beat

Courtesy of Fortis Propert

SoulCycle Opens First Location in Brooklyn

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

Lease Beat

Courtesy of Blink Fitness

Equinox’s Blink Fitness Inks Deal at Concourse Plaza

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

Equinox Billboards Draw A Crowd

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