Newmark jumps on sports club space.In a significant transaction in the ongoing revitalization of the Hudson Square section of Lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North , Newmark Retail reports that 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 plans to open a new 22,206 s/f fitness center at Trinity Real Estate's 225 Varick St. building. Newmark Retail Senior Managing Director Amira Yunis said the new health club will occupy space on the second floor of the 344,024-square-foot building that is located on Varick Street between West Houston and Clarkston streets. The fitness center is scheduled to open in the second quarter of 2006. New York Sports Clubs, a division of Town Sports International of New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , is a leading owner and operator of fitness clubs in the U.S. Town Sports signed a 15-year lease for the space. The 225 Varick St. location will be the 38th New York Sports Clubs facility in Manhattan. Yunis added that she first began discussions with Trinity Real Estate about seven years ago when Town Sports International was looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. locations in Lower Manhattan. She noted that at the time there was no suitable space available. The tragic events of Sept. 11, 2001 put Town Sports' space search on hold, she related. However, about 14 months ago the second floor space at 225 Varick St., which is now vacant, first became available. "This space was perfect and as soon as it came on the market we pounced pounce 1 v. pounced, pounc·ing, pounc·es v.intr. 1. To spring or swoop with intent to seize someone or something: on it," she said. Yunis along with John Epifanio, Development Manager for Town Sports International, handled the lease negotiations for New York Sports Club. Thomas Lynch Thomas Lynch is the name of several notable people:
"This is a truly significant deal for the Hudson Square area," Yunis added. "While the area has come back from 9-11 and has seen a number of office deals, this transaction with New York Sports Clubs marks the first sizeable retailer to locate in the area." John Smallwood This may refer to:
Carl Weisbrod, president of Trinity Real Estate, added, "TSI's interest in the area speaks directly to the increasing draw of the neighborhood." |
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