NY Dirt: Hit the gym
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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