These were the top 10 NYC retail leases in December

TRD New York /
Jan.January 08, 2019 05:30 PM

Clockwise from left: 138 Bowery, 6502 18th Avenue in Brooklyn, and 999 Third Avenue (Credit: Google Maps)

UPDATED: 11:50 a.m., Jan. 10: Not satisfied with regularly inking some of the city’s largest office leases, WeWork (now “The We Company”) made a cameo on last month’s list of biggest retail leases.

All together, December was a bigger month for marquee leasing deals than November. The 10 biggest retail lease deals signed last month totaled 148,800 square feet, up 28,000 square feet from November’s total of 120,800 square feet.

1) Selina, 138 Bowery, Little Italy – 63,000 square feet

The hotel and co-working company that counts WeWork’s founder Adam Neumann among its investors signed a 63,000-square-foot lease at 138 Bowery. The building’s landlord is Emmut Properties.

2) IKEA, 999 Third Avenue, Lenox Hill – 17,530 square feet

The Swedish furniture store inked a lease for 17,530 square feet at 999 Third Avenue, its first ever Manhattan location. The building’s landlord is the Zucker Organization. Eric Yarbro of Colliers International represented the tenant.

3) Blink Fitness, 6502 18th Avenue, Bensonhurst – 15,500 square feet

The gym signed a lease for 15,500 square feet at 6502 18th Avenue. Ezra Saff of Retail Zone represented the tenant. The building’s landlords are Jeff Sutton and Eliot Tawil.

4) The North Face, 584 Broadway, Soho – 13,000 square feet

The outdoor clothing brand signed a lease for 13,000 square feet of space at 584 Broadway, relocating from 139 Wooster Street. Michael Hirschfeld, Matt Ogle and Brian Hirschfeld of JLL represented the tenant while Steven Marvin of Olmstead Properties represented the landlord in-house.

5) Gucci, 375 West Broadway, Soho – 10,000 square feet

The luxury brand inked a long-term lease for 10,000 square feet at 375 West Broadway, where it originally had a short-term space. The building’s landlord is Pearlmark Real Estate Partners.

6) I Love NY Gifts, 9 Times Square, Times Square – 9,000 square feet

The gift shop signed a 15-year lease for 9,000 square feet of space at 9 Times Square for a new flagship location. Jordyn Comras, TJ Cholnoky, Jackie Totolo and Ariel Schuster of RKF represented both the tenant and the landlord, American Realty Capital New York City REIT.

7) WeWork, 902 Broadway, Flatiron – 7,460 square feet

The co-working company signed a lease for 7,460 square feet of space at 902 Broadway. The deal marks the second lease WeWork has signed for its new retail concept. Koeppel Rosen represented the building’s landlord, the Rosen family.

8) CrossFit Hell’s Kitchen NYC, 361 West 36th Street, Midtown West – 6,084 square feet

The gym signed a lease for just over 6,000 square feet of space at 361 West 36th Street. Louis Franco and Joseph Isa of Isa Realty Group represented both the tenant and the landlord, Crossroads Owners.

9) Mandee, 2625 Broadway, Upper West Side – 4,280 square feet

The clothing chain inked a lease for 4,280 square feet at 2625 Broadway. Jessica Viola and Steve Asch of City Connections Realty represented both the tenant and the owner of the office condo, a entity tied to Harrison, New York-based Sorbert Realty Corp. Extell Development owns and developed the property.

10) Club Pilates, 21-30 44th Drive, Long Island City – 3,922 square feet

The pilates gym signed a lease for nearly 4,000 square feet of space at 21-30 44th Drive. Andrew Clemens and Chris Walther of RIPCO Real Estate represented the tenant while Aaron Fishbein of Winick Realty Group represented the landlord, 44th Drive Owner LLC.

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