Currently viewing the category: "Second Quarter 2012"

Indoor spinning cycling studio Revolve to open a new 2,000-square-foot center in New York in the fall

When it comes to burning calories, few gym workouts achieve what indoor cycling can. But fitness buffs crave variety, and to serve that need, a slew of new boutique spinning studios have been springing up around the globe, particularly in New York, LA, and London.

The latest player on the scene is Revolve, which opened up in Washington DC last year, and is opening a new 2,000-square-foot center in New York in the fall, to compete with the popular Soul Cycle and Flywheel Sports.

The company says it hopes to shake things up by offering a slew of new classes for those bored with traditional cycling classes. Options include a class geared to serious cyclists, another mixing spinning and free weights, and Barre Ride, which pairs indoor cycling and off-the-bike barre moves.

Other new trends aiming to lure indoor cycling devotees through the doors? Turning up the heat, literally, for sweltering workouts, such as at North Hollywood’s Sweat Shoppe, which specializes in hot indoor cycling. Or endurance: London’s Boom! studio offers a two-hour class.

Also set to appear at this year’s upcoming IDEA World Convention, a fitness trade show in San Diego, is the RealRyder. This Italian-made stationary cycle, designed for spinning classes, moves, shifts, and turns for a feel that is closer to a real road bike.

Recently launched is the Life Fitness’s Lifecycle GX, a group exercise bike featuring a cycling computer to track your speed, distance, resistance level, cadence, calories, time, heart rate, and percentage of max heart rate.

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NY Post_062712_Indoor spinning cycling studio Revolve to open a new 2,000-square-foot center in New York in the fall

 

 

 

 

 

 

Globe Street

Retail at 1018 6th Avenue Up For Grabs

The retail at the base of the Gotham Organization-developed Atlas New York is now available for lease, GlobeSt.com has confirmed. Brokerage firm Winick Realty Group LLC is marketing 1018 Sixth Avenue, a 3,000-square-foot space located on the southeast corner of Sixth Avenue and West 38th Street – a site with high visibility in a heavily-tourist trafficked area.

“It is an opportunity to get a substantial corner between Bryant Park and Herald Square,” Lee Block, associate director at Winick, tells GlobeSt.com, who is exclusively marketing the property with Winick colleague Aaron S. Fishbein on behalf of ownership 1014 6th Avenue Realty Corp. “You are catering to both neighborhoods and there is no other space like it available.”

The space, located at the bottom of the 400,000-square-foot, 374-unit mixed-use residential tower, is open to dry use retailers and financial institutions that can benefit from the increased foot traffic from tourist attractions, office workers and building tenants.

“We are open to all uses, and we are not catering to just the residential here, even though it is at the base,” Block says, noting that the location is seen by thousands of people every day. “We are looking for the highest and best use for the space.”

The ownership has combined four existing storefronts to create the ground floor space, and also includes an additional 1,200 square feet of lower level space. It also features 20-foot ceilings and an all-glass façade with approximately 100 feet of wraparound corner frontage.

For more, download the full article in PDF

globe street-062612-Retail at 1018 6th Avenue Up For Grabs

Racked

Revolve Spin Studio to Challenge SoulCycle’s Union Square Reign 

SoulCycle already has the Union Square spin demographic covered, but a new studio based out of Washington D.C. is planning to invade the neighborhood. Enter: Revolve, which Well + Good NYC says is scheduled to open its first Manhattan location on East 13th Street between Broadway and University Place this fall.

According to Revolve’s president Sylvan Garfunkel, the difference between his studio and SoulCycle or FlyWheel Sports is the variety of classes offered. These include the Real Ride, for hardcore spinners; the Complete Body Ride, which incorporates free weights; and the Barre Ride, which includes barre moves you do off your bike. The Barre Ride class won’t be offered at the Union Square location, but there will be a “spin boot camp-style class” in its place.

If all goes well, Revolve plans to open four locations in New York. However, SoulCycle and FlyWheel might not have to worry too much—after all, New York women just love to double up on their workouts.

For more, download the full article in PDF

racked-062612-Revolve Spin Studio to Challenge SoulCycle’s Union Square Reign

New York Real Estate Journal

Cassidy Turley negotiates two long-term lease agreements for Bright Horizons’ totaling 38,000 s/f

Cassidy Turley, a leading commercial real estate services provider in the U.S., negotiated two long-term lease agreements totaling 38,000 s/f for Bright Horizons Family Solutions: 20,712 s/f at 175 Kent Ave.in Williamsburg, Brooklyn and 17,288 s/f at 910 Ninth Ave. in Manhattan. The new locations are the latest child care facility outposts in the New York market for the continuously expanding global brand. Michael Hofmann, senior managing director and Peter Occhi, managing director, both from Cassidy Turley, represented Bright Horizons.

In its current expansion efforts, Bright Horizons is opening new facilities in established and up-and-coming, family-friendly neighborhoods throughout the New York market. Williamsburg, Brooklyn is in the middle of a period of major real estate growth, as many families seek more space and residential and retail development continues. Cassidy Turley’s search found both locations to be convenient, impressive and child-friendly, serving the needs of Bright Horizons.

“We’re thrilled to work with Bright Horizons on expanding their extraordinary child development services throughout the New York Tri-State area,” said Michael Hofmann, senior managing director at Cassidy Turley. “Their innovative programs and commitment to children, families and employers make a huge impact on the community each and every day.” Cassidy Turley has previously negotiated three transactions within the New York market for the organization and is continuing to identify additional location options in the region.

The Brooklyn building’s owner, Equity Residential Management, was represented by Diana Boutross and Jeff Winick of Winick Realty. The Manhattan building’s owner, Professional Office Leasing Associates, was represented by Jeff Punia.

Founded in 1986, Bright Horizons Family Solutions is the world’s leading provider of employer-sponsored child care, early education and work/life solutions. With facilities in the United States, Europe and Canada, the organization provides employer-sponsored child care and early education programs for more than 700 clients, including many of the world’s leading corporations, hospitals, universities and government agencies and more than 90 of the Fortune 500.

For more, download the full article in PDF

NYRE Journal_062612_Cassidy Turley negotiates two long-term lease agreements for Bright Horizons’ totaling 38,000 sf

Spin scene shake-up? Revolve enters the SoulCycle-Flywheel landscape 

Until now, the war for spin domination has been waged between two big-name NYC-based brands, SoulCycle and Flywheel Sports, each of which has amassed toned armies of loyal followers. And the two have engaged in a fitness arms race to open the most locations in New York City and beyond.

But Revolve, a brand-new boutique spin company, which opened a D.C.-area studio in December 2011, seeks to jump into this embattled terrain with a Union Square location slated for New York this fall—and more studios to follow. The company is betting on the fact that New Yorkers are bored with the lack of variety at SoulCycle and Flywheel—and that the boutique spin explosion has only just begun.

For more, visit http://www.wellandgoodnyc.com/2012/06/25/spin-scene-shake-up-revolve-enters-the-soulcycle-flywheel-landscape

 

Real Estate Weekly

Blow Dry Bar Set to Open in Murray Hill

Drybar, the Irvine, CA-based “blow dry bar” concept, has leased its third New York City location at 222 East 34th Street in Murray Hill.

The chain currently has 15 locations in five states, including one location in New York’s Flatiron District and another inside the Le Parker Meridien Hotel.

Drybar will occupy 1,900 s/f of ground floor space, where they will offer wash-and-blow-dry services for a flat fee of $40. The salon also offers additional cost-effective services, including updos and scalp massages.

“Murray Hill is an area that’s filled with young professionals looking for an economical way to get the kind of services Drybar provides,” said Hal Shapiro, managing director at Winick Realty Group LLC. Shapiro represented landlord Rosebud Associates, along with associate director Josh Siegelman. Drybar was represented by Richard Skulnik of Ripco Real Estate.

Shapiro and Siegelman are currently marketing the remaining 5,000 s/f of ground floor space at 222 East 34th Street, which sits at the base of The Anthem Building, a 25-story luxury residential tower with 480 apartments. Located on the highly-trafficked 34th Street corridor, the available retail offers high ceilings and boasts 56 feet of 34th Street frontage.

For more, download the full article in PDF

rew_061912_blow dry bar set to open in murray hill