Re-launched spa signs big lease in Soho

New York /
Nov.November 22, 2011 10:14 AM

alternate
text
Clockwise from top left: Faith Hope Consolo, chair of the retail division at Prudential Douglas Elliman, 382 West Broadway (credit: PropertyShark) and Joseph Aquino, vice president at Prudential Douglas Elliman
Eighty-five year-old spa line Erno Laszlo is being relaunched and will open its first new spa in decades at 382 West Broadway in Soho.

The New York Post reported the company, headed by British entrepreneur Charles Denton and his RBS Equity Finance, inked a 128-month netlease for the entire 10,000-square-foot, two-story building between Broome and Spring streets in Soho, for about $1.5 million per year.

The new spa is expected to open next year in the building, which is owned by Kamran Hakim, who is said to own $1 billion worth of city real estate, and Henry Hay, a lead investor in Centaur Properties. The lease was brokered by Prudential Douglas Elliman Faith Hope Consolo, chair of the retail devision, and Joseph Aquino, an executive vice president.

Erno Laszlo once had a members-only Spa On Fifth Avenue that treated celebrities like Marilyn Monroe, according to the Post, but in recent decades has been relegated solely to department store shelves. [Post, 1st item]


Related Articles

arrow_forward_ios
John Giannone and Jac Credaroli (Credit: iStock)
Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans
Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans
Jacob Sudhoff and Scott Durkin (Credit: Sudhoff Companies, Emily Assiran, iStock)
Douglas Elliman is coming to Texas
Douglas Elliman is coming to Texas
Douglas Elliman chairman Howard Lorber (Credit: Getty Images and iStock)
Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax
Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax
Douglas Elliman Chairman and CEO Howard Lorber (Getty Images)
Sell, sell, sell: Lack of listings dampens Elliman earnings
Sell, sell, sell: Lack of listings dampens Elliman earnings
42 Greene Street with Zar Property NY's David Zar (top) and Dario Zar  (Commercial Cafe, Getty)
Zar family secures $100M refi on Soho office, retail properties
Zar family secures $100M refi on Soho office, retail properties
Paycheck potential: A look at real estate’s top earners
Paycheck potential: A look at real estate’s top earners
Paycheck potential: A look at real estate’s top earners
Contracts, Douglas Elliman, Jonathan Miller, Miller Samuel
Contract signings for homes plunge, yet inventory stays low
Contract signings for homes plunge, yet inventory stays low
Nicole Oge, Richard Jordan, Oren Alexander and Tal Alexander (Getty, Facebook)
Richard Jordan and Nicole Oge make it Official with Alexanders
Richard Jordan and Nicole Oge make it Official with Alexanders
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...