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New York Sports Club pumped up at new 16,000 s/f Harlem location.


Gotham Organization and The Richman Group have signed a 15-year lease with New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Sports Clubs A sports club, athletics club or sports association is an eclectic institution oriented to multiple sports, which fields many teams and has varied sports departments in several sports, working under the same umbrella organization.  at The Langston, its new 180-unit mixed-use luxury condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
, at 68 Bradhurst Avenue between West 145th and 146th Streets.

The new 16,200 s/f facility, scheduled to open in the summer of 2007, will be the first major health club above West 125th Street. It is also NYSC's second Harlem facility--the first is located in the Harlem USA retail complex on West 125th Street, also developed and built by Gotham.

Scott Auster, a broker with Ripco Real Estate Corp., represented Gotham and The Richman Group in this leasing transaction.

John Epifanio, development manager, handled the lease negotiations for NYSC NYSC New York Sports Club
NYSC National Youth Service Corps (Nigeria)
NYSC National Youth Science Camp
NYSC New York State Climatologist
.

NYSC will occupy a portion of two floors at The Langston, with its entrance located on the street level of 145th Street, between Frederick Douglass Boulevard and Bradhurst Avenue.

In a second landmark deal, Gotham and Richman signed a 10-year lease with Starbucks Coffee at The Langston for 1,500 s/f of space. The store is scheduled to open spring 2007 on the prime corner of West 145th Street and Bradhurst Avenue. Auster also represented Gotham and Richman in this deal.

"NYSC's and Starbucks presence will greatly impact the retail landscape of central Harlem, specifically along the West 145th Street corridor, accelerating the retail transformation that is already underway there," said David Picket, president of Gotham Organization.

"There is explosive growth of new residential development in Harlem and both NYSC and Starbucks have recognized the need for their respective services," said Auster. "When thinking of retail in Upper Manhattan Upper Manhattan denotes the more northerly region of the New York City Borough of Manhattan. Its southern boundary may be defined anywhere between 59th Street and 155th Street. , 125th Street has traditionally come to mind due to mass transit mass transit, public transportation systems designed to move large numbers of passengers. Types and Advantages


Mass transit refers to municipal or regional public shared transportation, such as buses, streetcars, and ferries, open to all on a
 and chain stores in the area. But West 145thStreet is quickly becoming the next big retail corridor in Harlem."
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Title Annotation:RETAIL
Publication:Real Estate Weekly
Date:Jan 24, 2007
Words:296
Previous Article:Fashionable exchanges.
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