{"id":62217,"date":"2025-12-05T21:23:08","date_gmt":"2025-12-05T21:23:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/62217\/"},"modified":"2025-12-05T21:23:08","modified_gmt":"2025-12-05T21:23:08","slug":"australian-fitness-brand-to-open-first-nyc-studio-in-tribeca-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/62217\/","title":{"rendered":"Australian Fitness Brand to Open First NYC Studio in Tribeca \u2013 Commercial Observer"},"content":{"rendered":"<p><a href=\"https:\/\/commercialobserver.com\/company\/strong-pilates\/\" title=\"Strong Pilates\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Strong Pilates<\/a>, an Australian fitness brand with more than 100 locations worldwide, will open its first New York City studio in Manhattan\u2019s Tribeca neighborhood next year.<\/p>\n<p>The company, which offers classes combining Pilates with cardio and strength training, has signed a 10-year lease for 3,079 square feet on the ground floor of <a href=\"https:\/\/commercialobserver.com\/company\/jamestown\/\" title=\"Jamestown\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Jamestown<\/a>\u2019s luxury residential building at 88 Leonard Street, according to landlord broker <a href=\"https:\/\/commercialobserver.com\/company\/atlantic-retail\/\" title=\"Atlantic Retail\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Atlantic Retail<\/a> NYC.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2025\/12\/expanding-monday-work-platform-takes-more-space-gramercy-park\/\" rel=\"nofollow noopener\" target=\"_blank\">Expanding Monday: Work Platform Takes More Space in Gramercy Park<\/a><\/p>\n<p>The deal represents Strong Pilates\u2019 third location in New York state, following its two Long Island locations in Williston Park and Commack, <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/strongpilates.co\/locations\/\">according to its website<\/a>.<\/p>\n<p>\u201cStrong Pilates reflects the amenity-driven, convenience-focused approach we envisioned for Jamestown and the residents of 88 Leonard,\u201d Atlantic Retail\u2019s Colleen Morrissey, who brokered the deal for the landlord along with Joe Mastromonaco and Evan Clements, said in a statement.<\/p>\n<p>The asking rent was unclear, but <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.cbre.com\/insights\/figures\/manhattan-retail-figures-q3-2025\">a report from CBRE<\/a> found retail rents in Manhattan averaged $671 per square foot during the third quarter of 2025.<\/p>\n<p>Sabre Real Estate\u2019s Dylan Cane and Jayson Siano represented the tenant in the deal. Cane and spokespeople for Strong Pilates and Jamestown did not immediately respond to requests for comment.<\/p>\n<p>Jamestown bought the 21-story, 352-unit residential building on the corner of Leonard Street and Broadway from Waterton Associates for close to $240 million in September 2016, <a href=\"https:\/\/commercialobserver.com\/2016\/09\/jamestown-picks-up-watertons-88-leonard-street-in-tribeca-for-around-240m\/\" rel=\"nofollow noopener\" target=\"_blank\">as Commercial Observer previously reported<\/a>. Apartment rents at the property range between $4,245 per month for a studio and $17,019 per month for a three-bedroom, <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/streeteasy.com\/building\/88-leonard\">according to StreetEasy<\/a>.<\/p>\n<p>Other new tenants in the building\u2019s 11,365 square feet of ground-floor retail space include QQ Nails &amp; Spa in 1,410 square feet, and deli Leonard Street Gourmet in 1,500 square feet, according to Atlantic Retail. With Strong Pilates\u2019 new deal, the retail portion of the property is fully leased.<\/p>\n<p>Isabelle Durso can be reached at <a href=\"https:\/\/commercialobserver.com\/2025\/12\/strong-pilates-lease-studio-tribeca-88-leonard-street\/mailto:idurso@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">idurso@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Strong Pilates, an Australian fitness brand with more than 100 locations worldwide, will open its first New York&hellip;\n","protected":false},"author":2,"featured_media":62218,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[3624,33071,33072,33073,33074,33075,2361,9,56,63,65,64,33070],"class_list":{"0":"post-62217","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york-city","8":"tag-channel","9":"tag-colleen-morrissey","10":"tag-dylan-cane","11":"tag-evan-clements","12":"tag-jayson-siano","13":"tag-joe-mastromonaco","14":"tag-leases","15":"tag-new-york","16":"tag-ny","17":"tag-nyc","18":"tag-nyc-headlines","19":"tag-nyc-news","20":"tag-retail-88-leonard-street"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/62217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=62217"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/62217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/62218"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=62217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=62217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=62217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}