News: Brokerage

Botsaris of Colliers leases 7,200 s/f to Sola Salon Studios in Flatiron District

Manhattan, NY Sola Salon Studios has completed a lease for a new location at 50 West 17th St. in the Flatiron District. The company will occupy 7,200 s/f on the fifth floor.

Sola Salon Studios supports entrepreneurs in the beauty service industry, providing 20 to 40 high-end, fully-equipped, move-in-ready one- and two-chair private salon studios alongside the support and tools needed to run an independent boutique salon business. This will be the second Sola Salon Studios location in the city.

“We’re thrilled to launch a beautiful fifth floor space in Flatiron this spring to complement our existing Midtown East location,” said Karl Baumert, owner of Sola Salon Studios Manhattan. “At this newest location, we intend to offer both our traditional 24/7-365 space as well as more flexible membership options to support the independent businesses of local beauty professionals.”

The tenant was represented by Tommy Botsaris of Colliers. The landlord, Argo Real Estate, was represented by Christopher Okada and Thomas Capuano of Okada & Company. Ian Lester, Esq. of Lester Shaw & Levy LLP was legal representation for Sola Salon Studios, while the landlord was represented by in-house counsel.

Sola Salon Studios Flatiron is expected to open spring 2024.

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