Year in Real Estate

In 2012, Hospitals Expand Real Estate Footprints, from Brooklyn to Harlem

New York City Exteriors And Landmarks

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. Read More

Lease Beat

Applebee’s Joins Throggs Neck Shopping Center

Courtesy of Printable Coupons

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

Lease Beat

LA Fitness to Open at Metro Center Atrium

Courtesy of Civilian News

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