305 Fitness Jumps Into Murray Hill Lease
Lauren Elkies Schram Aug. 6, 2015, 12:10 p.m.
Dance cardio workout specialist 305 Fitness has secured a lease at 33 East 33rd Street between Park and Madison Avenues, marking the second New York City location for the fitness studio, Commercial Observer has learned.
The 10-year deal includes 500 square feet on the ground floor and 5,000 square feet below grade, according to a release from Newmark Grubb Knight Frank Retail. The asking rent was $25,000 per month. Named after Miami’s area code, 305 Fiftness’ other New York City studio is at 18 West 8th Street.
NGKF’s Aaron Cukier, who arranged the deal for 305 Fitness’ first studio, represented the tenant in the latest transaction. Josh Siegelman of Winick Realty represented the landlord, Morry Kalimian’s Elk Investors. A spokeswoman for Winick didn’t immediately respond to a request for comment.
“The new 33rd Street studio will offer proximity to the young professional crowd living in Murray Hill as well as office workers in Midtown,” Mr. Cukier said in prepared remarks.
The new gym, which will join Open Kitchen cafeteria and market at the 12-story office building, is slated to open by the end of the year.