Top 10 Retail Leases of the Month: Keeping Fit
By The Editors July 16, 2019 5:23 pm
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Equinox Fitness doesn’t fool around; the luxury gym signed a whopping 20-year, 36,500 square-foot renewal at 14 Wall Street last month with asking rent at $100 per foot.
Equinox was far and away the largest retail lease of the month, and the last four weeks or so was good for those who have fitness on the brain. Essex Crossing, the 1.9-million-square-foot mega-complex on the Lower East Side, managed to snag Hilltop Bicycles for a 2,000-square-foot space in the ground floor of its 175 Delancey Street address. (It’s the first Manhattan location for Hilltop, which already has four shops in New Jersey.) The wellness boutique and “detox shop” Clean Market (which offers, among other things, CBD infused smoothies) nabbed 2,600 square feet at the base of Broad Street Development‘s 40 Bleecker for its third location in the city. And Mind Body Project inked a deal for a 3,780-square-foot wellness, meditation and yoga studio at Chelsea Seventh, the condominium at 170 West 23rd Street.
Speaking of Chelsea Seventh, there was a lot of activity at the Jack Resnick & Sons‘-developed property last month; East One Coffee Roasters took over a 1,700-square-foot lease in a space that had previously been a Spa Belles, and Pet Central (a pet shop, in case you hadn’t guessed) took 1,600 square feet at the building.
In case you needed any new sneakers for all that strenuous exercise, you can first visit the 4,727-square-foot Foot Locker planned for Washington Square Partners‘ River Plaza in the Kingsbridge Heights section of the Bronx.
Of course, it wasn’t all pet shops, yoga studios and coffee joints. KFF, the Korean food hall, signed a meaty 22,927-square-foot lease at Savitt Partners‘ 218 West 40th Street. And if Korean food isn’t your speed, Upper West Side Latin restaurant Calle Ocho announced that it was moving 25 blocks north to 2756 Broadway, the former home of West End Hall.
Finally, there must be a place to leave the kids during all this fitness, eating and pet-adopting. Thankfully, Magic Moments Academy, a day care center, took over a 11,500-square-foot former coworking space at 639 Classon Avenue in Crown Heights.
