NY Dirt: Hit the gym

by The Real Deal

New Yorkers are ready to get healthy. Retailers are willing to bet on it. One trend driving retail activity this past quarter compared to last was high-end wellness.  The two largest leases of the quarter, as compiled in a JLL report released Thursday, were Chelsea Piers’ 76,000-square-foot deal by the South Street Seaport, at 250 Water Street, and Life Time’s 71,000-square-foot lease in North Williamsburg. Both are boutique gyms.  Following close behind was Atria Health, a membership-based medical group that focuses on “optimizing your lifestyle” and “healthy longevity.” Its services cost $60,000 per year, according to The New York Times. […]

This article originally appeared on The Real Deal. Click here to read the full story.

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