News:
Brokerage
Posted: July 29, 2013
Kadosh of CBRE leases 4,078 s/f retail space to Reebok Fit Hub
CBRE Group, Inc. has secured a 10-year, 4,078 s/f retail lease with Reebok Fit Hub on the ground floor of 1132 Third Ave. Reebok Fit Hub is a store where people can go to find innovative fitness and training products, trusted advice, guidance and information on community based fitness events. Reebok Fit Hub will move in immediately.
CBRE's Michael Kadosh negotiated on behalf of ownership. Jeremy Ezra and Yael Amraon of RKF represented Reebok Fit Hub.
"Third Ave. in the 60s has rebounded tremendously and has become an extremely tight market once again. This turnaround is a direct reflection of a dense residential population and the fantastic mix of national tenants in the market," said Kadosh. "1132 Third Ave.'s prime location is across the street from lululemon, making it a perfect fit for Reebok Fit Hub."
1132 Third Ave. is located at the northwest corner of 66th St. Other retail tenants in the neighborhood include True Religion and Pier 1 Imports.
Tags:
Brokerage
MORE FROM Brokerage
Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence
New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
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,
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
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,
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
