Winick Realty Group Leases TF Cornerstone’s 387 Park Avenue South Retail Space to Barry’s Bootcamp
Barry’s Bootcamp, the popular fitness concept with locations across the US, Norway and the United Kingdom, has signed a 4,601-square-foot lease at TF Cornerstone’s prominent 230,000 SF office and retail tower, 387 Park Avenue South at the Northeast corner of East 27th Street.
Barry’s Bootcamp will be offering their signature one-hour workouts and fuel bar to service the NoMad and Gramercy fitness market when they open in the second quarter of 2016. Winick Realty Group President Steven E. Baker and Aaron S. Fishbein represented TF Cornerstone in the lease transaction and they are continuing to market the remaining corner, which features 7,700 square feet of ground-floor retail with 200 feet of wraparound all glass frontage, plus an additional 3,000 square feet of lower-level space and outdoor seating potential. “TF Cornerstone is nearing completion on a full-scale makeover at our headquarters at 387 Park Avenue South. The multi-million dollar renovation includes a three-story floor-to-ceiling glass façade, a new full service lobby on 27th Street, new elevators, upgraded mechanicals and one of the most unique glass penthouse and office roof decks in the City,” said Steve N. Gonzalez, Director of Retail Leasing at TF Cornerstone. “Given the desirability of this location and the extensive upgrades, we were confident we would attract a first class operation like Barry’s Bootcamp and are pleased to bring them to 387 Park Avenue South.”
Baker and Fishbein are currently in talks with numerous retailers of all uses to take advantage of and fill the remaining corner availability. The site is poised to capture the attention of the 24/7 pedestrian traffic coming from nearby Madison Square Park; the NoMad, SLS and Gansevoort hotels, acclaimed Park Avenue South restaurants; and the 6 train station located one half a block away at East 28th Street, which has an annual ridership of approximately 7 million.
“We are pleased to welcome Barry’s Bootcamp to the building and we look forward to successfully leasing the remaining corner to a retailer who will complement the Barry’s Bootcamp concept and be an equally-valuable amenity for the residents, office workers, students and tourists who frequent this dynamic neighborhood,” said Baker. Neal Ohm represented Barry’s Bootcamp, which operates three additional locations in New York.
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Mann Report – October 2015 -Winick Realty Group Leases TF Cornerstone’s 387 Park Avenue South Retail Space to Barry’s Bootcamp
Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services. Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies. Winick Realty Group is highly recognized as a forerunner in the retail real estate market.