Biggest Manhattan Retail Leases in 2025

There have never been more high-end places to work out in Manhattan.

If one type of retail location dominated The Real Deal’s list of biggest leases this year, it was the gym. Chelsea Piers, Life Time and Equinox all gobbled up tens of thousands of square feet for Big Apple expansions. They were joined by another wellness player, Neko Health.

It’s a stark contrast from last year’s rankings, when not one wellness location cracked the top ten retail leases. But big, luxury health clubs are making a bet that Manhattanites will pay top dollar for resort-like amenities and whole-body services, like massage therapy, nutrition coaching and so-called metabolic assessments.

That explosion has been accompanied by other retail wellness booms, like the spate of sauna concepts opening doors downtown.

“We’re much beyond the typical fitness club where you run on a treadmill or lift some weights,” Keith DeCoster, vice president of market data and policy at the Real Estate Board of New York, told TRD earlier this year.

Here are Manhattan’s top retail leases of 2025, ranked by square footage. All data is current through November.

Meow Wolf | South Street Seaport | 75,000 sq feet

Meow Wolf is an art company focused on interactive and immersive exhibits. Seaport Entertainment Group announced in March that Meow Wolf will open its seventh permanent exhibition — first on the East Coast — on several floors of Pier 17, technically 89 South Street.

CBRE was the dual leasing agent. Mary Ann Tighe, Gerry Miovski and Evan Haskel represented the landlord, while Cassie Durand, Sacha Zarba and Aylin Gucalp represented the tenant.

Old Navy | Garment District | 55,000 sq feet

Old Navy has been on the move. The Gap-owned apparel brand announced its exit from its flagship space at Vornado Realty Trust’s 150 West 34th Street last year, leaving the Herald Square lot open for Primark to swoop in on the biggest lease of 2024. This year, however, Old Navy inked a 15-year lease at JEMB Realty’s Herald Towers, at 50 West 34th Street.

Gap Inc.’s real estate team and Newmark’s Ariel Schuster represented Old Navy in the deal. JEMB subsidiary LMJ Realty represented the landlord in-house.

Life Time | Grand Central | 52,000 sq feet

Life Time signed a 20-year lease at PBC’s 10 Bryant Park. The space will include “co-ed wet suite, a steam room, a sauna, a cold-plunge pool, fitness studios, training spaces, spas, a coworking space and a library,” TRD reported earlier this year.

Atlantic Retail’s Joe Mastromonaco brokered the deal on behalf of the tenant. JLL brokers Patrick Smith and Paul Glickman represented the landlord.

Equinox | Chelsea | 50,000 sq feet

Keeping up with the competition, Equinox, an OG luxury New York gym, signed a long-term lease across three floors of Terminal Warehouse, at 261 11th Avenue. It was among the first tenants at the redeveloped 19th-century warehouse, which is being converted to office and retail space by L&L Holding Company and Columbia Property Trust. L&L purchased the 12-story building with a company since acquired by Columbia in 2018 for $880 million.

Newmark’s Jeff Roseman represented Equinox. A Cushman & Wakefield team including Alan Schmerzler, Catherine Merck and Sean Moran represented the landlord.

Convene Hospitality | Chelsea | 50,000 sq feet

Also in Terminal Warehouse, Convene Hospitality Group signed a deal for 50,000 square feet from L&L and Columbia. The group is planning to open an event space called The Mallory on the same three floors as Equinox, although in a different section of the historic building.

CBRE’s Rocco Laginestra represented CHG. The same Cushman & Wakefield team as above, Alan Schmerzler, Catherine Merck and Sean Moran, represented the landlord.

Chelsea Piers | Hudson Square | 48,833 sq feet

Chelsea Piers Management, once a creative re-use of industrial waterfront space, is expanding its profile as a premier fitness location. Expansion is part of this push. In its biggest of two leases signed this year, the company plans to take 48,833 square feet at the base of GFP Real Estate’s 200 Varick Street. The deal was reported in CBRE’s third-quarter retail report but brokerage details were not disclosed.

Chelsea Piers | Billionaire’s Row | 47,000 sq feet

Chelsea Piers Management’s second-biggest lease of the year was at the ground floor of 135 East 57th Street on Billionaires’ Row. TF Cornerstone, the landlord, is planning to redevelop the 32-story office tower into a 350-unit residential building.

The story was first reported by the New York Post and brokerage details were not disclosed.

Old Navy | Chelsea | 45,000 sq feet

Old Navy renewed its lease at 610 Sixth Avenue this year, according to Cushman & Wakefield’s first-quarter report. The store there has been open since at least 1997, according to WWD.

The building is owned by a trust connected to the family of Sol Goldman, according to city records.

Neko Health | Upper West Side | 42,151 sq feet

Neko Health is planning for 42,000 square feet at 15 Central Park West. The lease was disclosed in Cushman & Wakefield’s third-quarter Manhattan retail report. The company, which offers full-body health scans, was started by Spotify co-founder Daniel Ek. 15 Central Park West is a 35-story condo building developed by Arthur and William Lie Zeckendorf.

Neither Neko Health nor the brokerage team at 15 Central Park West immediately responded to a request for comment.

Aritzia | Soho | 30,000 sq feet

Canadian clothier Aritzia extended its lease at 560 Broadway, with GFP Real Estate, the Commercial Observer reported. The womenswear company signed its original lease in the former Dean & Deluca’s spot in 2020, initially using it as a pop-up.

Neith Stone, Donna Vogel and Jeffrey Gural represented GFP in-house, the Observer reported. Ariel Schuster and Jason Wecker brokered the deal for Aritzia.