Amazon signs lease with Lincoln Equities for 360K-sf warehouse in Rutherford
High-end, specialty gym operator Iron Culture opened a 7,500-saquare-foot facility in Cedar Knolls last week, according to ROI-NJ. The company, co-founded by Arthur Imperatore Jr., son of veteran developer Arthur Imperatore Sr. vice chairman of New York Waterway and president of Weehawken-based Romulus Development, set up its first location at 8 East Frederick Place as part of a joint venture with two other parties. (The junior Imperatore is the son of New York Waterway founder and veteran Garden State developer Arthur Imperatore Sr.) A press release from Iron Culture said that the Cedar Knolls location, located at the intersection of I- 287 and U.S. Route 24, represented a $500,000 investment to renovate the site and acquire equipment. The so-called hardcore gym has reportedly already gained more than 300 members and attracted nearly 7,000 Instagram followers. Other investors in Iron Culture include entertainment executive Charles Addessi and community activist Sergio Granados. [ROI-NJ]
