Newmark is pleased to announce the completion of a 10-year, 3,800-square-foot retail lease at 67 West 71st Street for Heyday. Director Harrison Abramowitz represented the owner, 71st Realty Associates LLC, and Nick Cowan of Isaacs and Company represented the tenant in the transaction.
Heyday is a skin-care destination that specializes in making facials a routine step in everyday life. This retail store will serve as an expansion for Heyday as their fourth location in Manhattan and is set to open in the fall of 2017. The tenant will occupy 2,100 square feet of the ground floor space and 1,700 square feet of lower-level space in the building located just off of the Upper West Side’s most desirable shopping corridor, the new location for Heyday will benefit from the tremendous co-tenancy within the immediate area, including its adjacent co-tenant Drybar.
“The location couldn’t be beat,” said Abramowitz. “Just steps off the priciest stretch of Columbus Avenue, 67 West 71st Street proved to be the ideal option for Heyday in this trade area and we expect them to do well here.”
Newmark is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. Newmark’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
Newmark is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.