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Isabelle Durso
03.31.25
The lease is for more than 10 years. The asking rent was $125 per square foot on the ground floor, $60 per square foot on the second floor and $50 per square foot on the lower level, masonre said.
masonre’s David Abrams, who brokered the deal for the landlord along with Eliot Goldschmidt and Jeff Jacobson, said in a statement.
KSR represented the tenant in the deal. Spokespeople for AFIAA and KSR did not immediately respond to requests for comment.
The deal will be Powerhouse’s first Manhattan location and second New York City space overall, as it previously opened a spot at 3030 Northern Boulevard in Long Island City, Queens, according to its website. The gym has dozens of other locations across New York and New Jersey.