Physical Therapy Chain Wraps Up Three Deals
Laura Kusisto Jan. 17, 2011, 9:08 p.m.
30 Broad Street and 721-723 Seventh Avenue
If the NFL playoffs are causing your joints to ache in sympathy with the gridiron titans, you’ll be relieved to learn that Sports Physical Therapy has signed three leases in Manhattan.
The tenant was in search of flexible space with good light and décor, which seems straightforward enough. But you try finding a space big enough to accommodate a bunch of sore football players. “Colliers International showed us that we can be much more efficient with our real estate,” said Lynn Steenberg, president of Sports PT, in a statement. “The savings allow us to re-invest into the facilities, including staff.”
The tenant has signed a 10-year, 3,300-square-foot lease on the 12th floor of 30 Broad Street. Wesley Rudes of Murray Hill Properties represented the landlord.
Sports PT signed another 10-year deal for 2,970 square feet on the ninth floor of 721-723 Seventh Avenue at 48th Street. Evan Intrater of JDF Realty represented the landlord.
Quarterback wannabes will be relieved to hear that Sports PT is expected to move into its new locations this month.
In a three-year deal, Sports PT renewed 2,000 square feet in the Equinox sports club at 521 Fifth Avenue.
The physios also signed a new lease in Saratoga.
The Colliers International team of Donald Lutt and Andrew Boliek represented the tenant.