Equinox’s discount gym Blink locks in two Brooklyn leases

The Related-owned fitness chain has over 80 locations

TRD New York /
Apr.April 17, 2019 11:00 AM
A rendering of 1134 Fulton Street and an aerial of 5901 Flatlands Avenue in Brooklyn (Credit: Karl Fischer Architects and Google Maps)

A rendering of 1134 Fulton Street and an aerial of 5901 Flatlands Avenue in Brooklyn (Credit: Karl Fischer Architects and Google Maps)

Blink Fitness is opening locations in two underserved neighborhoods in Brooklyn after signing new leases.

The fitness company signed a 15,100-square-foot lease at Joseph Brunner’s 1134 Fulton Street in Bedford-Stuyvesant, according to Commercial Observer. In a separate deal, the gym also signed an 18,000-square-foot lease at 5901 Flatlands Avenue in the Flatlands neighborhood, taking the entire two story building.

Retail Zone’s Ezra Saff represented the gym in the deals, and said that the firm is targeting underserved markets with its gyms. By the end of last year, it said it had around 80 locations in New York, New Jersey, Pennsylvania and California.

Katz & Associates’ Scott Sher represented Brunner in the Bedford-Stuyvesant deal.

The fitness firm, which serves as Equinox’s low-cost gym model, and is in turn owned by Related Companies, last year signed several large leases in Manhattan, including a 20,000-square-foot, 20-year deal at 23 Wall Street[CO] — David Jeans 


Related Articles

arrow_forward_ios
An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Long Island City, Queens (Credit: iStock)

Queens sale prices set record despite signs of trouble

239 Banker Street and, from left: Workable City's Sara Willard, Rabina Properties' Josh Rabina and Workable City's Adam Heller

Workable City, Rabina Properties pick up Greenpoint loft complex for $33M

For mall owners like Simon, Brookfield and Vornado, Forever 21 bankruptcy signals more trouble ahead

Clockwise from top left: 2-34 Beach 102nd Street in Far Rockaway, 175 Canal Street West in Mott Haven, 102 Fulton Street, and 71 Smith Street in Boerum Hill (Credit: Google Maps and StreetEasy)

Here’s what the $10M-$30M NYC investment sales market looked like last week

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

arrow_forward_ios