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Equinox club opens in Flatiron District.

Equinox, the trendy Manhattan based fitness club, has leased approximately 25,000 square feet at 897 Broadway between 19th and 20th Streets in the Flatiron District, for its second Manhattan location. Equinox presently has an uptown facility on Amsterdam Avenue on the Upper West Side.

The new downtown club is scheduled to open this fall. The 15-year lease, with an aggregate rent of approximately $8 million, represents one of the largest retail lease transactions to be completed in the Flatiron area this year.

The tenant will occupy the ground floor, basement and mezzanine of the turn-of-the-century building with an ornate storefront which formerly housed a men's clothing store. The interior of the space is highlighted by high ceilings, decorative columns, wood floors and a dramatic 4,000 foot balcony overlooking what will be the main workout area.

Benjamin Fox, executive vice president, and Jeffrey D. Roseman, vice president of New Spectrum Realty Services, Inc., -are the brokers who handled the transaction on behalf of the landlord and the tenant.
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Title Annotation:Equinox fitness club leases commercial space at 897 Broadway, New York, New York
Publication:Real Estate Weekly
Date:Aug 25, 1993
Previous Article:Minerals company leases 41,000 sf at Chrysler Bldg.
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