Blackstone Signs Equinox at 42nd Street Retail Cubes
The Blackstone Group has bagged its first tenant for the glass retail boxes the company is currently building at 120 West 42nd Street, Crain’s reported.
High-end gym Equinox inked a deal for 30,000 square feet, most of it below the plaza. The annual rent is rumored to be close to $2 million. The deal is the first for the retail development, which has been courting other prospective tenants such as restaurant Sushi Samba and Whole Foods. The cubes offer a total 75,000 square feet of retail space. Blackstone also owns the office tower that fronts the retail property at 1095 Sixth Avenue. [Crain's] – Katherine Clarke