Bryant Park

Real Estate

Retail Scene Looking Up

The skyline around Bryant Park has seen major improvements in the last few years. The retail scene is poised for similar upgrades, with the announcement of leases with Whole Foods, Equinox, Blink Fitness, and Organic Avenue.

The skyline around Bryant Park has seen major improvements in the last few years, with the construction of 1 Bryant Park and the spectacular refitting of 1095 Avenue of the Americas leading the way. Those instant icons will soon be joined by the office tower to be named 7 Bryant Park, on the southwest corner of 40th and Avenue of the Americas. Designed with its proximity to Bryant Park in mind, the developers broke ground in 2013.

The retail scene around Bryant Park is poised for similar upgrades. Last year, we reported that the glass retail box at 120 W. 42nd Street had acquired a major tenant when the upscale gym Equinox announced plans to open there. That project is on schedule, as you can tell from the chain’s website.

Now we learn from Lois Weiss at the NY Post that Blackstone Group has leased space at 5 Bryant Park (1065 Avenue of the Americas) to Blink Fitness and Organic Avenue. Blink Fitness has signed a lease for 18,000 sq.ft. on the “ground and down,” and Organic Avenue will take 1,800 sq.ft.

Most recently, the long-rumored move of ‘healthy-chic grocer’ Whole Foods to 1095 Avenue of the Americas was confirmed in The Wall Street Journal. The article stated:The new store at Sixth Avenue between 41st and 42nd streets, overlooking Bryant Park, will appeal to office workers and tourists grabbing lunch to sit in nearby Bryant Park and commuters picking up groceries on their way home.” Whole Foods will take 10,000 sq.ft. on the ground floor and 22,000 on the second floor.

We look forward to these excellent companies becoming our neighbors. "It's fantastic. Whole Foods coming into a neighborhood can never be bad," BPC President Dan Biederman told WSJ.

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