Real Estate Weekly
Image default
Deals & Dealmakers Retail

Equinox renews for 20 years at 14 Wall

Equinox Fitness has renewed its lease at 14 Wall Street, in the heart of Downtown Manhattan, for an additional 20 years.

Equinox originally came to the building in February 2000, leasing a slightly-above-grade storefront on the ground floor with a private entrance.

Over the years, the tenant remodeled, enhancing its presence in the building with a total of 36,500 s/f.

The centralized location and abundance of nearby transportation options have helped to draw a large clientele to the gym, making the location very successful ahead of the lease renewal.

Located at the intersection of Wall Street and Broadway, 14 Wall Street sits among many of the most iconic buildings in Downtown Manhattan, including the New York Stock Exchange, Federal Hall and the original headquarters of J.P. Morgan.

The 37-story building, which was designed by Trowbridge & Livingston in 1910, originally housed the Bankers Trust Company.

“We are pleased to continue our relationship with Equinox for another 20 years at 14 Wall Street,” said building owner Alex Rovt.

“Twenty years is a significant amount of time in a neighborhood that is changing as rapidly as Downtown Manhattan, with the incredible influx of residential units being built. Even as the character of the neighborhood continues to change, to have a blue-chip tenant like Equinox reaffirm its commitment to this market and this building, is incredibly significant.”

Landlord Roza 14W LLC was represented in the lease renewal by Darrell Rubens, acting on behalf of Winick Realty Group LLC. Equinox Fitness was represented in-house.

Related posts

Healthfood co. inks 200,000 s/f industrial lease

REW

Savills puts focus on workplace trends

REW

WHO’S NEWS:

REW