News: Brokerage

Lee & Associates NYC arranges 4,500 s/f lease for Fred Astaire Dance Studios expansion to downtown White Plains

Claude Kolb

White Plains, NY Lee & Associates NYC arranged a 4,500 s/f lease for Fred Astaire Dance Studios at 147 Mamaroneck Ave.

Fred Astaire Dance Studios, operating at the location as Grand Dance, signed a 10-year lease for the building’s second floor and is expected to open in September 2026. Claude Kolb, senior managing director at Lee & Associates NYC, represented the tenant in the direct lease transaction. The landlord, Group 5 Limited Partnership, was represented in-house. Although the terms of the transaction were not disclosed, asking rent was $35 per s/f. 

This transaction marks the seventh Fred Astaire Dance Studios location Kolb has completed on behalf of the franchise ownership group, further advancing a relationship that has supported the company’s expansion throughout New York City and the surrounding suburbs. The lease follows the opening of a 2,500 s/f Fred Astaire Dance Studios location at 508 Fifth Ave. in Brooklyn’s Park Slope neighborhood. 

“Fred Astaire Dance Studios has taken a disciplined, market-by-market approach to its expansion, focusing on communities where demographics, lifestyle and disposable income support its programming,” said Kolb. “White Plains checked all those boxes. It combines a strong residential base with a vibrant downtown, regional accessibility and the type of active community that values wellness, enrichment and social experiences. The larger second-floor space will also provide the studio with the flexibility it needs to build a meaningful presence in the Westchester market.”

Located along one of downtown White Plains’ principal commercial corridors, 147 Mamaroneck Ave. is surrounded by restaurants, retailers, residential buildings and entertainment destinations. The location provides access to the White Plains Metro-North station and draws customers from communities throughout central and southern Westchester County.

Founded more than 80 years ago, Fred Astaire Dance Studios operates more than 140 locations throughout the United States and is one of the world’s most recognized dance instruction brands. Its studios offer ballroom, Latin, social and competitive dance instruction for students of varying ages and experience levels. 

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