Winick Realty Group Completes Retail Leasing Efforts at LIC’s GALERIE

3/6/20

Two retail tenants have signed leases for their first Long Island City locations at GALERIE, a 182-unit luxury condominium located at 22-18 Jackson Avenue in the heart of Court Square, completing leasing efforts for approximately 5,000 square feet of retail at the base of the building.

F45 Training, a circuit- and hiit-style workout facility with locations in 40 states and Washington D.C., signed a lease for 2,300 square feet of ground-floor space, joining major fitness players such as Planet Fitness, Orange Theory, Club Pilates and Row House that have recently brought their brands to the Long Island City market. Pediatric Associates of NYC, which has been operating since 1948 and currently has two locations in Manhattan and Brooklyn, signed a lease for the remaining 2,643 square feet on the ground floor.

“Long Island City is attracting tenants of this caliber as young professionals and families continue to move into new and existing residences in the neighborhood,” said Winick Realty Group Director Thomas Galo. “There is so much development in this area, between the 1,115-unit 5Pointz Residence and the 1 Court Square office building nearby, that the need for amenities such as these will only grow stronger in the coming years.”

Winick Realty Group President Steven E. Baker and Galo have been working with developers Adam America Real Estate and Vanke US to market the project since construction began in 2017. Its prime location includes multiple transportation arteries and the renowned MoMA PS1, with Trader Joe’s coming soon to further build excitement in the Court Square market.

“We are pleased to bring these tenants to Long Island City, and specifically this bustling area of Court Square, as new traffic continues to be generated, making these types of tenants all the more important for area residents, office workers and visitors,” said Baker.

F45 Training was represented by Michael Azarian of Cushman & Wakefield, while Pediatric Associates of NYC was represented by Elliot Zelinger of Savitt Partners. Baker and Galo represented ownership in both lease transactions.

For more information on Winick Realty Group, please visit the company website www.winick.com.