CityMD, a walk-in urgent care facility, has signed a long-term lease for 3,550 square feet at 1150 Third Avenue between 67th and 68th Streets in the heart of the Upper East Side. This will be CityMD’s fifth New York City location and second Upper East Side site, steps from the 68th Street subway station, Hunter College, Marymount College and New York Hospital.
Jeffrey D. Roseman, executive vice president at Newmark Grubb Knight Frank Retail (NGKF Retail), represented the landlord in the transaction, and NGKF Retail Managing Director Benjamin Birnbaum represented the tenant.
“CityMD is thriving in its new locations, and has proven to be a tremendous amenity to each of its neighborhoods,” commented Mr. Birnbaum.
Mr. Roseman, who is currently marketing the remaining corner retail space at 1150 Third Avenue, agreed, stating, “the concept is a great service and will greatly benefit the residents and students in the area.”
“There is approximately 1,500 square feet on the ground floor at the corner of 67th Street. It is a great opportunity for a retailer to become a part of this neighborhood, which is truly thriving once again,” exclaimed Mr. Roseman.
Already, the neighborhood’s diverse tenant mix includes Anthropologie, Pier One Imports, Lululemon, Chipotle, Gracious Home, True Religion and Olive & Bette’s.
About Newmark Grubb Knight Frank
A part of BGC Partners, Inc. (NASDAQ:BGCP), Newmark Grubb Knight Frank is one of the largest commercial real estate service firms in the U.S. It brings together the strategic consultative approach to creating value for clients and leading position in the New York market that are hallmarks of Newmark; the complementary strengths of Grubb & Ellis in leasing and management, investment sales, valuation and capital markets services; and BGC’s financial strength, proprietary technology, expertise in global capital markets and deep relationships with many of the world’s leading financial institutions.
Newmark Grubb Knight Frank, together with its affiliates and London-based partner Knight Frank, employs more than 11,000 professionals, operating from more than 300 offices in established and emerging property markets on five continents. This major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide.