Real Estate Weekly
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Soulcycle; Artists & Flees; The Children’s Place; McNally Jackson

SoulCycle has signed a 5,000 s/f lease to open a new studio at TF Cornerstone’s 2 Gold Street.

This will be the indoor cycling studio’s 10th location in New York City and its first in the Financial District.


SoulCycle – known for its 45-minute, full body, indoor cycling workout, set to inspiring music and led by motivational instructors – will open at 2 Gold Street in the fall of 2014.

“SoulCycle is a growing fitness phenomenon and will be a great addition to FiDi where we are seeing high demand for lifestyle amenities,” said Sofia Estevez, executive vice president at TF Cornerstone. “We are thrilled to welcome them to this bustling neighborhood.”

The 51-story building houses 839 luxury rental apartments.

Artists & Fleas in Chelsea

Jamestown announced that former pop-up tenant, Artists & Fleas, has opened a permanent residency in the Chelsea Market.

Artists & Fleas occupies the former loading dock space of the market on the corner of West 15th Street and Tenth Avenue.

“Chelsea Market has a long-standing commitment to fostering artisanal creative talent,” noted Michael Phillips of Jamestown. “ We share that same sense of purpose with Artists & Fleas and are pleased to have them at the market full time.”

First opened in 2003 in Williamsburg, Artists & Fleas was conceived of as a place where emerging local artists and designers come together and play, show and sell. The company has since incubated and hosted hundreds of small, independent businesses, many of whom have gone on to open up shops of their own.

Children’s space grows

The Shops at SkyView Center announced The Children’s Place will be joining their tenant lineup of child-centric retailers.


The pure-play children’s specialty apparel retailer will occupy a 3,799 s/fspace on Level B near additional child-focused retailers.

“The Children’s Place is an ideal addition to our existing group of retailers catering specifically to children,” said Michael Dana, president of Onex Real Estate Partners.
“We have developed a child-centric level of the center to improve the shopping experience for parents and children, while offering national brand favorites and high quality, affordable retail options.”

Ariel Schuster of RKF repped the tenant.

New chapter for book store

Independent bookstore McNally Jackson will open its second location at 76 N 4th Street in Williamsburg, Brooklyn.
Thor Retail Advisors brokered the deal as exclusive agent for landlords Jacob Toll and Cayuga Capital.

“It is rare in the digital world we live in that an independent bookstore could not only survive, but also thrive. McNally Jackson has done just that at its Nolita location in Manhattan. Bringing this wildly popular literary hub to a neighborhood like Williamsburg is a tremendous opportunity,” said Matthew Seigel, executive vice president of Thor Retail Advisors.

The store, which has seen its popularity soar in Manhattan with a coffee shop and community-focused classes, is looking at opening a wine bar and a stationary store at its newest location.

McNally Jackson will occupy 2,400 s/f plus a 1,200 s/f mezzanine as the first retail tenant for the property. Thor represents the entire 19,000 s/f portfolio at the base of an 83-unit residential building being developed by Jacob Toll and Cayuga Capital Management.

French arrive in Hamptons

Manhattan Skyline announced that Les Toiles Du Soleil, a fabric and accessories retailer famous for its contemporary coastal style will open a boutique at 78 Park Place in East Hampton.

This will be the French fabric maker’s first store in the Hamptons.

“We’re thrilled to introduce Les Toiles Du Soleil to East Hampton,” said Joshua Roth, vice president of retail leasing at Manhattan Skyline Management Corp.

“The shop’s array of colorful fabrics and accessories are ideal for this upscale oceanfront community.”

Les Toiles Du Soleil signed a long-term lease for the 488 s/f, ground floor space, set alongside the main retail corridor in East Hampton.

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