News: Brokerage

Hill of Winick Realty Group leases 15,500 s/f to Blink Fitness at Chelsea development

Winick Realty Group arranged a 15,500 s/f lease for Blink Fitness at the base of Chelsea Park, a new residential building located at 260 West 26th St. Alexander Hill of Winick represented ownership, and Blink Fitness was represented by Peter Levine of Charter Realty & Development. Blink will have a ground-floor entrance at 308 Eighth Ave., on the southeast corner of 26th St., which will lead down to an expansive lower-level gym that focuses on brand-name cardio and strength training equipment, free weights and a dedicated functional training area. "This area of Eighth Ave. is ideal for retailers because of its strong residential population, the proximity to FIT, and the growing popularity of Chelsea," said Hill. "Blink will be an amenity to the building, and a phenomenal co-tenant for the ground floor retail." The 12-story Chelsea Park, located on the corner of Eighth Ave. and West 26th St., consists of 204 rental apartments ranging from studios to two-bedroom units. Hill is currently marketing 15,511 s/f of ground-floor space at Chelsea Park for another retailer to join Blink Fitness. The remaining available retail space features over 200 ft. of frontage and 14-ft. ceilings. Logical divisions will be considered and the space can be vented for a restaurant or gourmet supermarket. For more information on Chelsea Park, visit www.chelseaparkrentals.com. Winick is one of New York's prominent real estate firms specializing in retail leasing and advisory services. Over the years, Winick has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies. Winick is highly recognized as a forerunner in the retail real estate market. For more information, please visit the company website www.winick.com.
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