Year in Real Estate
Come September, an 125-room Marriott Residence Inn will be open in the East Bronx, Commercial Observer has learned.
The hotel, at 1776 Eastchester Road, will have a lounge with a bar on the ground floor that leads to an outdoor patio with a fireplace, a second-floor 2,000-square-foot conference facility and hotel rooms on floors four through nine of the 370,000-square-foot Atrium building, said Joseph Kelleher, president of Simone Metro Properties, a division of Simone Development. Rooms will range in size from 487 square feet to 786.
The city’s aging population, a drive for state-of-the-art facilities and strong hiring across the health care industry prompted unprecedented growth in leasing activity in the health care sector across the five boroughs in 2012.
Memorial Sloan-Kettering, Mt. Sinai, Montefiore Hospital and Inventa Health were among the dozens of hospitals and medical companies to announce bold new initiatives to expand their footprints in the city in 2012, and those developments are only a sign of what’s to come, brokers and analysts predict.
Applebee’s is set to open a new 6,640-square-foot location in the Bronx.
The casual dining restaurant, known for signature items like “riblets,” will be opening a location at the Throggs Neck Shopping Center in Ferry Point. The center, anchored by Target and junior anchored by TJ Maxx, is slated to open in March 2014 and Read More
LA Fitness, the popular Irvine, California-based health club chain, is set to open its new state-of-the-art fitness center in New York City.
The popular Irvine, Calfiornia-based health club chain will open a state-of-the-art facility in Simone Development’s Metro Center Atrium. The atrium is part of the larger 42-acre multi-building Hutchinson Metro Center in the Bronx. Read More