News:
Brokerage
Posted: April 23, 2012
Fishbach and Rosenberg of RKF broker 19,200 s/f lease
RKF has arranged a 19,200 s/f long-term lease with Equinox's affordable gym concept Blink Fitness at 163-02 Jamaica Ave., a former movie theater on the corner of Guy R. Brewer Blvd. in Jamaica. Scheduled to open this fall, Blink Fitness will occupy 1,200 s/f of ground floor space and 18,000 s/f on the second floor.
RKF executive vice presidents Barry Fishbach and David Rosenberg represented the landlord, Sol Goldman Investments, LLC, alongside Brett Weinblatt who serves as the Estate's manager of commercial leasing. Blink Fitness was represented by Peter Levine of Charter Realty & Development.
"This is the perfect location for the first Blink Fitness in Queens, as the space is situated in one of the most dynamic retail and office markets in all of the outer boroughs," said Fishbach. "The large corner space provides excellent visibility, and is easily accessible within this major transportation hub."
Established in 2011, Blink Fitness is an expanding gym concept that provides a convenient and affordable fitness solution. It features over 150 pieces of brand-name cardio and strength equipment. Blink Fitness currently operates three other fitness centers, located in Paramus, N.J., Yonkers, N.Y. and NoHo, Manhattan, with other locations soon to open in Bronx, N.Y. and Melville, N.Y.
About RKF
The country's leading independent real estate firm specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With more than $20 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Las Vegas, Los Angeles, Miami, Northern New Jersey and San Francisco. www.rkf.com
Tags:
Brokerage
MORE FROM Brokerage
Devli Real Estate acquires 67,000 s/f flex industrial property on Rte. 17 in Upper Saddle River
Upper Saddle River, NJ Devli Real Estate acquired 118 Rte. 17 North, a 67,000 s/f flex industrial/retail asset situated on 6.3 acres with highway frontage. The property is positioned along
Quick Hits
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
