New York, NY Bright Horizons Family Solutions, the MA-based preschool and early childhood development center with locations in the U.S., Canada and Europe, signed a lease at Brodsky Org.’s 253 West 72nd St., a residential building located between Broadway and West End Ave. on the Upper West Side.
“The Upper West Side is home to many young families and from the start, we felt that Bright Horizons would be an ideal fit for the space as they are a clean, dry amenity with a beautiful build out that will add great value to the area” said Winick Realty Group president Steven Baker, who represented Brodsky Org. along with director Charles Rapuano.
Rapuano said, “This is a great site for them as it not only offers excellent visibility with 50 ft. of frontage, but the building is also in close proximity to the express subway stop at West 72nd St. and to Riverside Park.”
Bright Horizons, who will take over the space from long-time tenant Duane Reade in the spring, will occupy 7,667 s/f on the ground floor and 2,000 s/f in the basement. Bright Horizons was represented in the deal by Michael Hoffman and Peter Occhi of Cushman & Wakefield.
“We are happy to welcome Bright Horizons to 253 West 72nd St. and we look forward to a long relationship,” said Brodsky Org. principal Alexander Brodsky. “We wanted a great tenant who would offer a great service for the residents of the luxury rentals above, but also for the entire Upper West Side.”
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.