The competition for the biggest retail lease within the 5 boroughs was a reasonably tight race final month, even that includes the uncommon tie for first place. Each of the leases that managed to safe the highest spot on this listing additionally occurred to be in the identical constructing, however which growth hosted the 2 largest retail leases of October? Learn on to seek out out.
1) Convene Hospitality Group | 261 eleventh Avenue | Chelsea | 50,000 sf
The occasion firm signed a brand new lease within the Chelsea constructing. Rocco Laginestra of CBRE represented the tenant, whereas a 5-member Cushman & Wakefield crew together with Alan Schmerzler and Catherine Merck represented the landlords, Columbia Property Belief, L&L Holding and Cannon Hill Capital Companions.
1) Equinox | 261 eleventh Avenue | Chelsea | 50,000 sf
The fitness center signed a brand new lease in the identical Chelsea constructing. This Equinox lease and the CHG lease above signify among the first leases within the new redevelopment by Columbia Property Belief, L&L Holding and Cannon Hill Capital Companions.
2) Chelsea Piers Administration | 200 Varick Road | Soho | 48,800 sf
The tenant, which manages the Chelsea Piers Sports activities & Leisure Advanced, signed a brand new 29-year lease within the Soho constructing owned by GFP Actual Property.
3) Burlington Shops | 72-22 Broadway | Jackson Heights | 42,600 sf
The retailer inked a brand new lease within the Jackson Heights constructing. The brand new location is scheduled to open in September 2028. Clifford Simon, David Rosen and Jake Simon of CNS Actual Property represented the tenant, whereas Adam Heller, Stephen Weber and Joshua Singer of the Heller Group represented the owner, Werber Actual Property.
4) New York Metropolis Constitution College of the Arts | 241 Water Road | Monetary District | 34,500 sf
The academic establishment signed a brand new 31-year lease within the Monetary District constructing, the place it plans to relocate from its present house at 26 Broadway. Ira Schuman and Joe Byrnes of Savills represented the tenant, whereas Peter Whitenack of Newmark represented the owner, 241 Water Road Holdings.
5) Din Tai Fung | 567 Fulton Road | Brooklyn Heights | 20,000 sf
The famed (and Michelin-starred) Taiwanese dumpling home inked a brand new lease within the Brooklyn Heights constructing. Chris DeCrosta of GoodSpace represented the landlords, Witkoff and Apollo International Administration.
6) Callen-Lorde | 555 Bergen Avenue | Morrisania | 17,200 sf
The LGBTQ well being nonprofit inked a brand new lease within the Morrisania constructing. Carri Lyon and Jenna Catalon of Cushman & Wakefield represented the tenant, whereas Joe and David Jemal of ISJ Administration represented the owner in-house.
7) Ivy Prep Early Studying Academy | 17-19 Hylan Boulevard | Dongan Hills | 15,500 sf
The day care middle signed a brand new lease within the Dongan Hills constructing. Michelle Abramov and Greg Batista of Ripco Actual Property represented the owner, RCM Group.
8) STK | 412 West fifteenth Road | Chelsea | 12,200 sf
The steakhouse signed a brand new lease within the Chelsea constructing. Steven Soutendijk, Kenji Ota and Neil Seth of Cushman & Wakefield represented the owner, Rockpoint.
9) Selene by Kyma | 23 Grand Road | Soho | 10,000 sf
The restaurant inked a brand new lease within the Soho constructing. Justin Bustamante of Meridian Capital Group represented the tenant, whereas James Famularo and Jacob Mayer of Meridian Capital Group represented the owner, Thor Equities.
10) Max Offers | 1562 Fulton Road | Bedford-Stuyvesant | 9,800 sf
The low cost retailer inked a brand new lease within the Bedford-Stuyvesant constructing. Richard Senior and Esther Bukai of Ripco Actual Property represented each the tenant and the owner, BRP Firms.
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