For New York City’s retail leasing market, good things seem to come in twos: Four of the top seven deals last month happened in just two buildings.
They were, of course, still eclipsed by the top spot, which came in so high that the other six slots combined don’t even come close to matching its footprint. Read on to find out which tenant can command such a big chunk of NYC retail space.
1) Classic Car Club | 645 11th Avenue | Hell’s Kitchen | 60,000 sf
The private automotive club signed a new lease in the Hell’s Kitchen building, a former car dealership. Peter Gross of Avison Young represented the tenant, while a team from Ripco Real Estate represented the landlord, Bram Auto Group.
2) Delilah | 50 Ninth Avenue | Chelsea | 10,000 sf
The hotspot restaurant concept is opening its doors in Manhattan, having just inked a new lease in Chelsea. The “unofficial sanctuary for the rich”, as Vanity Fair dubbed it, has been known to draw in a celebrity crowd, including Drake and Kendall Jenner, at its other locations in Los Angeles, Miami and Las Vegas. Jason Greenstone of Cushman & Wakefield represented the tenant, while Christopher DeCrosta of GoodSpace NYC represented the landlord, Tavros.
3) Hounds Town | 809 Atlantic Ave | Clinton Hill | 6,000 sf
The dog daycare center inked a new lease in the Clinton Hill building. A team from JLL represented the landlord, Hope Street Capital.
4) Barry’s Bootcamp | 510 Driggs Avenue | Williamsburg | 5,200 sf
The fitness brand signed a new lease in the Williamsburg building. Neal Ohm and Michael Cohen of Newmark represented the tenant, while Nate Mallon and Brendan Thrapp of Verada Retail represented the landlord, Northlink Capital.
5) Miniso | 150 Broadway | Financial District | 5,000 sf
The Chinese trinket shop signed a new lease in the Financial District building. Joanne Podell and Michael Shalom of Cushman & Wakefield represented the tenant, while Joseph Hamway and Jacob Jerome of JEMB Realty represented the landlord in house.
5) Chick-fil-A | 809 Atlantic Ave | Clinton Hill | 5,000 sf
In the second appearance of this building on this list, the fast food chain signed a new lease in Clinton Hill. David Alani and Michael Friedman of Inline Realty represented the tenant, while a team from JLL represented the landlord, Hope Street Capital.
6) Perspire Sauna Studio | 510 Driggs Avenue | Williamsburg | 2,800 sf
A sauna therapist inked a new lease in the same Williamsburg building that Barry’s Bootcamp signed for space in. Nate Mallon and Brendan Thrapp of Verada Retail represented the landlord, Northlink Capital.