Newmark Retail announces it has arranged seven new leases at Brookfield Properties’ Manhattan West development.
The Newmark team of Vice Chairman Ariel Schuster, Senior Managing Director Peter Whitenack, and Associate Directors Jordyn Comras and Tyler King represented Brookfield Properties working with the firm’s in-house team of Jason Maurer and Claire Smith.
Manhattan West is an emerging hub coming to New York City’s west side, encompassing the entire block of 31st to 33rd Streets between Ninth and Tenth Avenues. The vision for the development is a thriving community made up of six million square feet of state-of-the-art, custom-designed office space; 240,000 s/f of the best in innovative, experiential retail; abundant green space in a 2.5-acre public plaza; an amenity-rich, 844-unit residential tower; and a 164-key boutique hotel.
The 2.5-acre public plaza designed by High Line landscape architects James Corner Field Operations will feature year-round programming with over 100 events powered by the Arts Brookfield organization. Events will include film festivals, movie nights, fitness classes, art installations, and a winter ice rink.
The recent leasing transactions completed by the Newmark team are as follows:
· Therabody/Reset—a state-of-the-art wellness location that offers Therabody products and a range of natural treatments, including lymphatic massage, cryotherapy, sound and light therapy, and PEMF therapy— leased 4,360 square feet. Therabody/Reset was represented by Comras and Newmark Senior Managing Director Jackie Totolo.
· Exercise equipment and media company Peloton, which already features an approximately 40,000-square-foot flagship studio at Five Manhattan West, will lease 2,913 square feet of retail space for a showroom that will feature equipment and apparel. Peloton was represented by Newmark Vice Chairmen Benjamin Birnbaum and Ben Shapiro.
· Stylish leisurewear retailer Public Rec leased 1,869 square feet.
· Family-owned and operated men’s clothing store Rothmans leased 1,712 square feet. Manhattan West will be the retailer’s second store in New York City.
· New Stand at Manhattan West, a modern marketplace designed for discovery with unique products, fresh content, and fun perks for adults and kids, leased 1,666 square feet.
· OPR, a retailer offering luxury handmade eyewear from Italy, will open its U.S. flagship location in 1,436 square feet at Manhattan West.
· Peachy, a high-tech approach to Botox, combines an AI-powered process with a user-friendly experience, leased 1,385 square feet. The Manhattan West location will be Peachy’s third in New York City, adding to existing locations in SoHo and Williamsburg. Peachy was represented by Jesse Wolff of JLL.
Schuster, Whitenack, Comras, and King represented Brookfield Properties in each transaction.