By Billy Gray 1/09 3:32pm

Lease Beat

wax

European Wax Center Joins List Of Beauty Tenants At 222 East 34th Street

The personal grooming chain European Wax Center inked a 10-year lease on a 1,900-square-foot-store at 222 East 34th Street in the newly developed residential building The Anthem, The Commercial Observer has learned.

Other tenants to recently sign at the Murray Hill building include the local gym empire Crunch and Drybar, a salon capitalizing on the current craze for blowouts, making the 25-story, 480-unit The Anthem a one-stop shopping destination for personal improvement.

Winick Realty Group Managing Director Hal Shapiro and Associate Director Josh Siegelman represented the tenant and landlord, Rosebud Associates. Read More

By Carl Gaines 10/09/12 11:40am

Mortgage Beat

50-01 2nd Street.

$51 Million Construction Loan from CIBC Funds Lightstone Multifamily

A Long Island City residential project is underway thanks to a $51 million construction loan provided by Canadian Imperial Bank of Commerce.

The Lightstone Group and its sponsored, non-traded REIT Lightstone Value Plus are constructing the 199-unit multifamily property at 50-01 2nd Street along the East River in Long Island City. Financing from CIBC closed September 28, 2012. Read More

By Daniel Edward Rosen 6/13/12 11:41am

Lease Beat

Image from emersonsalon.com

“Blow Dry Bar” Drybar Opens at 222 East 34th Street

Drybar, a California-based chain of “blow dry bars” that offer blowouts for $40, has signed a long-term lease to open at 222 East 34th Street, The Commercial Observer has learned .

The blow dry bar (we’re debating calling it a “salon saloon”) will be taking a 1,900-square-foot space in the “The Anthem,” the newly constructed 25-story residential tower on 222 East 34th Street. This will be Drybar’s third location in the city. It already has two stores in the Flatiron District and inside Le Parker Meridien Hotel.  Read More