TF Cornerstone signs new deal with Telo Labs

Manhattan, NY TF Cornerstone (TFC) signed Telo Labs, skincare clinic, to a 10-year lease to occupy 1,365 s/f on the ground floor of their 23 East 10^th St. property in Greenwich Village.

Newmark retail managing director Jason Wecker facilitated the transaction on behalf of the tenant while Winick Realty Group’s Steven Baker, Daniyel Cohen and Thomas Galo represented ownership.

The clinic, known for its forward-thinking approach to skincare as well as a full range of proven, medical-grade treatments, just opened its doors at this location.

Telo Labs was inspired when the co-founders, board-certified plastic surgeon Dr. Ken Rothaus and skincare entrepreneur Ilan Szekely, found that patients were rarely offered treatment plans that went beyond the services you can do in one day. The pair decided to build a clinic that offered treatment plans combining high-tech lasers, advanced injectables, and take-home skincare products over an extended period of time, designed to preserve each patient’s skin longevity.

This deal marks the first Telo Labs location within TF Cornerstone’s property portfolio.

“Telo Labs is an exciting addition to the TFC portfolio, and we are thrilled to welcome them to the Greenwich Village neighborhood. We are proud to assist their expansion and be home to their flagship location, representing our continued work towards supporting small businesses and enhancing the shopping experiences for our residents and the larger surrounding community,” said Steve Gonzalez, vice president of retail leasing at TF Cornerstone.

“TF Cornerstone are high-integrity, supportive real estate partners and we’re happy to be able to work with them on this exciting deal. Moreover, Greenwich Village is a wonderful neighborhood, full of life and energy, and we can’t wait to serve the community,” said Ilan Szekely, Telo Labs’ CEO.