News: Brokerage

Steinberg of Lee & Assocs. NYC leases 4,800 s/f to My Gym

Brooklyn, NY Lee & Associates NYC represented My Gym in the signing of a 4,800 s/f lease for its third location in the borough, situated on the mezzanine level at City Point, 445 Albee Sq.

Garry Steinberg of Lee & Associates NYC represented My Gym. Corey Lober, director of leasing for City Point, represented the building owner, Acadia Realty Trust.

Anticipated to open its doors in August 2024, the new location at City Point marks a significant milestone for My Gym’s continued expansion and commitment to providing top-rated kids’ activity facilities in Brooklyn. With over 700 locations worldwide, My Gym has garnered a reputation for engaging classes and unforgettable birthday party experiences.

“We are delighted to bring My Gym’s unique blend of fun and fitness to the vibrant community at City Point,” said Steinberg. “This is the thrid location that Lee & Associates has procured for My Gym, and we look forward to locating additional sites in Brooklyn for them.”

City Point, already home to a diverse array of retail and entertainment options, including Target, Trader Joe’s, Alamo Drafthouse, and DeKalb Market, will now welcome My Gym as its newest addition. With its location downtown, City Point provides the perfect backdrop for My Gym’s expansion efforts.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing