Cushman & Wakefield represents FitHouse in their third Manhattan lease of 2018
New York, NY – August 2, 2018 – Cushman & Wakefield announced today that the real estate services firm has arranged a long-term lease for fitness brand, FitHouse, at 93 Worth Street in the Tribeca neighborhood of Manhattan. Formerly a Crossfit ICE location, the retail space leased a total of 4,500 square feet on the ground and lower levels. This is the third location Cushman & Wakefield has brokered for FitHouse this year, joining 712 Broadway, which opened earlier this year, and 20 West 14th Street, currently under construction and slated to open this fall.
A Cushman & Wakefield team consisting of Managing Director Brandon Singer and Senior Brokerage Coordinator Michael Cody represented the FitHouse in the transaction. The landlord of the property is Izaki Group Investments.
“We completed this deal only two months after the closing of FitHouse’s incredible location in Union Square, which is extraordinarily exciting,” said Brandon Singer of Cushman & Wakefield. “We are looking forward to working with FitHouse the brand as they continue their Manhattan rollout through 2018.”
Founded by serial French tech entrepreneurs, Ben Chemla and Clément Benoit, FitHouse offers an innovative approach to boutique group fitness classes offering an unlimited variety of workout classes, taught by New York’s top instructors, for a flat fee of $99 per month. The company intends to open additional Manhattan locations in key neighborhoods throughout the year.
“FitHouse is extremely excited about our growth so far this year. We appreciate all of Cushman & Wakefield’s strategic support and guidance while navigating the New York City retail market and we are confident that the new FitHouse Tribeca will be another great success. Brandon Singer and team have assisted us in finding the perfect spaces to grow FitHouse into and we look forward to continuing on this journey together,” says FitHouse CEO, Clément Benoit.
93 Worth Street is situated in the heart of Tribeca, a perfect neighborhood for this innovative fitness concept’s next location as it is one of Manhattan’s trendiest areas with ideal co-tenancy and access to the brand’s target audience. The property neighbors major restaurants and retailers, waterfront piers and parks, and is highly transit accessible with the A,C,1,2,3,4,5,6,J and Z trains nearby.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.