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RKF Secures Lease for Equinox at 568 Broadway
08/18/2005


Fitness club signs for 37,993 square feet at prime SoHo location

NEW YORK, NY — Robert K. Futterman & Associates, LLC (RKF), the nation’s leading independent real estate firm specializing in retail leasing and investment sales, has completed a lease for a new Equinox Fitness Club. The upscale, full-service fitness club signed a lease for 37,993 square feet at 568 Broadway. It is Equinox’s first entry into the SoHo neighborhood.

Robert K. Futterman, Chairman and CEO of RKF, represented the landlord, 568 Broadway, LLC.

“Equinox is opening its newest Manhattan club at one of the hottest locations in the SoHo neighborhood,” said Futterman. “Situated between Prince and Houston Streets, 568 Broadway is on an incredibly dynamic block with tremendous foot traffic and numerous top retailers in the immediate area,” he continued.

A/X Armani is on the first floor of 568 Broadway where Equinox will lease the entire second floor and part of the third floor as well. Neighboring retailers include Prada, Bloomingdale’s SoHo, Dean & De Luca, Zara, Victoria’s Secrets, Banana Republic and American Eagle Outfitters.

“Equinox is a great addition to the building and will add a new dimension to the neighborhood,” said Alex Adjmi, who serves as the managing partner for building ownership 568 Broadway, LLC.

Equinox operates 21 upscale, full-service fitness clubs that offer basic fitness services and a wide range of specialized programs and services including personal training, spa services and products, apparel and food/juice bars. With regional clusters of clubs in the New York, Los Angeles, and Chicago areas, plans include opening new Equinox fitness clubs in San Francisco, Los Angeles, Westchester and Long Island with a total of 40 locations by the end of 2006.

The country's leading independent real estate firm specializing in retail leasing and investment sales, New York-based Robert K. Futterman & Associates (RKF) serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With over $1.75 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities in New York City, its suburbs and throughout the United States for leading American and international chains, retailers, developers and institutional clients.
 
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