Leases  ·  Retail

Goldfish Swim School Leases 10K SF to Build Pool on the Upper East Side

reprints


Children’s clothing store Lester’s is no more at 1534 Second Avenue, and instead a new swimming pool will take over the 9,530-square-foot building.

A Goldfish Swim School franchise has agreed to take over the Upper East Side retail space and will build a 4-foot-deep pool spanning 70 by 22 feet, according to the New York Post.

SEE ALSO: Whole Foods to Launch Small Format Stores, Starting in NYC

The single-story building between East 79th and East 80th streets has been owned by a private trust for Julie Sternfels since 2018, according to property records. The landlord brokers, Newmark (NMRK)’s Jeffrey Roseman and Drew Weiss, said it was a 10-year lease with an asking rent of $225 per square foot.

“The amount of interest in this corner throughout the pandemic underscores how strong retail on the upper east side remains,” Roseman said in a statement.

Peter Levine of Charter Realty represented Goldfish Swim School in the lease.

Founded in 2004 by Jenny McCuiston, the Goldfish franchise has grown fast, with up to 140 locations currently up and running and an additional 153 in development in the U.S. and Canada, the Post reported. 

The school has several locations throughout the city, with another one headed to Flushing, Queens’ Tangram project. The Upper East Side outpost will be its first in Manhattan.

The renovations of 1534 Second will take place in January with an opening expected later in 2023.

Mark Hallum can be reached at mhallum@commercialobserver.com.