News: Brokerage

Tannor and Watson of Lee & Associates NYC negotiate 3,262 s/f lease to My Gym

Manhattan, NY Gregory Tannor, executive managing director/principal, and Michael Watson, associate director, of Lee & Associates NYC have negotiated a ground-floor, 3,262 s/f lease at 207 West 79th St., between Broadway and Amsterdam Ave., for My Gym. This new My Gym location will be the second one on the Upper West Side and the fourth in the borough. In total, the brand has over 550 locations in 30 countries.

“The Upper West Side is filled with families, meaning that businesses offering children’s activities have traditionally done quite well in the neighborhood,” said Tannor, who represented the tenant, along with Watson. “This new location is also very centrally located with an abundance of surrounding retail options that will appeal to both children and parents alike.”

209 West 79th St. is less than a block from the 1 and 2 trains at the 79th St. station and two blocks from the C and B trains at the 81st St.-Museum of Natural History station. There are also bus lines nearby. Surrounding retailers and restaurants include Zabar’s, Amorino, Designer Shoe Warehouse (DSW) and Sarabeth’s.

The property owner, Anbau Enterprises, Inc., was represented by Barry Fishbach, David Abrams and Brandon Miller of RKF, a Newmark Knight Frank company. My Gym is expected to take occupancy on November 1st. The lease term is 10 years and the asking rent was $150 per s/f.

The children’s fitness brand offers early physical education and pre-gymnastics classes as well as birthday parties for children ages six weeks to 10 years. Boasting state-of-the-art facilities, My Gym aims to enhance children’s development through games, music, exercise, sports, gymnastics, puppets and unique rides.

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