Commercial Real Estate & Advisory

Hollywood Gym to Open First NYC Location, Already Looking to Expand

By Gus Delaporte | April 10, 2013

Brick, a CrossFit gym, has signed a 10-year lease for just over 13,000 square feet at 257 West 17th Street, Steve Rappaport, senior managing director at Sinvin Real Estate, who represented the tenant, told The Commercial Observer.

Asking rents were $75 per square foot based on the 7,200-square-foot ground floor. The lease also includes 5,900 square feet on the building’s lower level. The space was formerly aD’Agostino’s supermarket.

The Chelsea location will be the fitness chain’s first in New York. Currently, Brick operates a gym in West Hollywood, Calif.

Brick spent four months looking for space in New York and looked in a number of markets outside Chelsea, including Nolita and Soho. The space at 257 West 17th Street appealed to Brick for a number of reasons, including location, configuration and size, according to Mr. Rappaport.

Brick will build out the space to suit their needs but should be open within three to four months, Mr. Rappaport noted.

The chain is already eyeing half a dozen New York units within two years, Mr. Rappaport said. “They know they will expand; they’ll get this open then push ahead.”

Brick also offers Muay Thai, yoga and SpeedX classes, according to company’s website. Prices range from $22 for a single class, to $1,200 for a 100-class package.

The lease was reported earlier this week by Crain’s. Ariel Schuster and Andrew Connolly ofRKF Associates represented the landlord, 257 Associates, in the transaction, according to the Crain’s report.