News: Brokerage

NY Kids Club signs lease to open at 655 Union St.

Brooklyn, NY According to Avery Hall Investments and Gindi Capital, NY Kids Club has signed a lease for 3,700 s/f on the ground floor of 655 Union St., a mixed-use building at the border of Gowanus and Park Slope. The building’s 14,800 s/f of retail located along the 4th Ave. corridor is now 50% leased, signaling interest in both the building and surrounding community.

Ryan Condren and George Danut of JLL represented the landlord in the deal, while Jonathan Fein and Mitzi Flexer of Cushman & Wakefield represented the tenant. NY Kids Club is set to unveil their new flagship location in September ahead of the upcoming school year.

“We’re thrilled to welcome NY Kids Club’s flagship location to 655 Union,” said Avery Hall Investments founding partner Brian Ezra. 

“This exclusive social learning center, designed to nurture both early childhood development and family connections, will serve as a vibrant hub where families can build meaningful relationships together. With our retail space now 50% leased, there is great momentum in the market for 655 Union.”

“Our new location is perfectly situated right in the middle of Gowanus and Park Slope, allowing us to provide this developing area with a unique, engaging brain-based early childhood education experience for all families as they grow,” said NY Kids Club CEO Jennifer Clement. “We’re excited to introduce the next wave of NY Kids Club families to this brand-new state-of-the-art facility, an evolution that will continue to ensure our role as a leader in the ECE space for future generations.”

NY Kids Club and NY Preschool is relocating its flagship location from Park Slope on 5th Ave. to the brand-new mixed-use building at 655 Union (entrance at 206 4th Ave.) on the border of Gowanus and Park Slope to expand the community it serves and upgrade its class offerings and programming. The space will feature two classrooms, a sensory play gym highlighted by a 15-ft. rock climbing wall and 20-ft. trampoline, and family gathering areas — creating an environment where NY Kids Club’s inclusive, whole-child philosophy can thrive. Families in Gowanus, Park Slope, Cobble Hill, Carroll Gardens, and Boerum Hill can forge lasting connections through flexible learning opportunities, including a boutique play-based preschool, innovative parent-child learning experiences, and unique social events.

The new flagship location will open in September 2025 seven days a week and serve as the latest addition to its 17 industry-leading centers throughout New York City’s family-centered neighborhoods. Enrollment for NY Preschool and Afterschool Programming is open now for the 2025-2026 school year, and enrollment for fall classes and programs will open in May 2025. 

MORE FROM Brokerage

AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

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
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

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,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking