{"id":1004762491,"date":"2025-06-24T07:20:00","date_gmt":"2025-06-24T15:20:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004762491"},"modified":"2025-06-24T07:20:02","modified_gmt":"2025-06-24T15:20:02","slug":"wellness-brand-signs-manhattan-retail-lease","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/","title":{"rendered":"Wellness Brand Signs Manhattan Retail Lease"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004762496\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/10bp_hq-opportunity-2024-pdf-37-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg\" data-orig-size=\"1395,1047\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Kinsey Watson&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;10BP_HQ Opportunity 2024.pdf - 37&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"10BP_HQ Opportunity 2024.pdf &#8211; 37\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg?w=1024\" height=\"769\" width=\"1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg\" alt=\"Rendering of Life Time Inc.'s future retail space at 10 Bryant. The image features a terrace designated for working, playing sports and interacting socially.\" class=\"wp-image-1004762496\" style=\"width:400px;height:auto\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg 1395w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg?resize=1024,769 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Life Time Inc.&#8217;s retail space at 10 Bryant will include fitness features as well as coworking spaces. <em>Image courtesy of JLL<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Life Time Inc. has signed a 20-year, 52,000-square-foot retail lease at Property &amp; Building Corp.\u2019s 10 Bryant in Manhattan. The wellness brand will occupy four floors at the 865,000-square-foot office property starting early 2027.<\/p>\n\n\n\n<p>This year&#8217;s first quarter saw Manhattan&#8217;s average asking rents in its prime retail corridors reach $659 per square foot, reflecting a 5 percent decline from the previous quarter and a 4 percent drop year-over-year, according to a CBRE report. <\/p>\n\n\n\n<p>Meanwhile, the number of direct ground-floor availabilities in Manhattan&#8217;s <a href=\"https:\/\/www.commercialsearch.com\/news\/street-retail-surges-toward-full-recovery\/\">high street retail<\/a> declined to 188 from 194, marking a 3 percent decrease compared to the previous quarter, though still 2 percent higher than the year before.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-a-manhattan-office-asset\">A Manhattan office asset<\/h2>\n\n\n\n<p>Located at 452 Fifth Ave., the LEED Gold-certified 10 Bryant comprises four interconnected buildings that were completed between 1904 and 1926 and most recently renovated in 2014. PBC has owned the asset for the past 15 years, having purchased it from HSBC Bank USA in a $330 million portfolio deal, the same source shows. The property&#8217;s retail component totals some 80,400 square feet.<\/p>\n\n\n\n<p>Life Time will occupy space within the office complex&#8217;s tallest structure, a 30-story tower with floorplates ranging from 16,500 to 41,000 square feet. Amenities at the tenant\u2019s new location will include a cold-plunge pool, steam room, luxury spa with red light therapy, fitness studios with yoga spaces, as well as coworking areas and a library.<\/p>\n\n\n\n<p>Amazon recently signed a 15-year, 330,000-square-foot lease at 10 Bryant, according to CommercialEdge information. The office tenant roster also features Generate Capital, Brighton Park Capital Management, Tilden Park Capital and 17Capital. The property is on the southwest corner of Fifth Avenue and 40th Street in Midtown Manhattan, overlooking Bryant Park. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tenant will occupy four floors at this Midtown property.<\/p>\n","protected":false},"author":3619,"featured_media":1004762496,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1600,21742,10,21747],"tags":[35335,32796,32779],"class_list":["post-1004762491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-new-york","category-latest","category-northeast","category-office","tag-hsbc-bank","tag-jll","tag-leed"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wellness Brand Signs Manhattan Retail Lease - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Life Time Inc. signed a 20-year, 52,000-square-foot retail lease at Property &amp; Building Corp.\u2019s 10 Bryant, an office property in Manhattan.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wellness Brand Signs Manhattan Retail Lease\" \/>\n<meta property=\"og:description\" content=\"Life Time Inc. signed a 20-year, 52,000-square-foot retail lease at Property &amp; Building Corp.\u2019s 10 Bryant, an office property in Manhattan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-24T15:20:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-24T15:20:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1395\" \/>\n\t<meta property=\"og:image:height\" content=\"1047\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Maria Maruta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/\",\"name\":\"Wellness Brand Signs Manhattan Retail Lease - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg\",\"datePublished\":\"2025-06-24T15:20:00+00:00\",\"dateModified\":\"2025-06-24T15:20:02+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df\"},\"description\":\"Life Time Inc. signed a 20-year, 52,000-square-foot retail lease at Property & Building Corp.\u2019s 10 Bryant, an office property in Manhattan.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg\",\"width\":1395,\"height\":1047,\"caption\":\"Rendering of Life Time Inc.'s future retail space at 10 Bryant. The image features a terrace designated for working, playing sports and interacting socially.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Wellness Brand Signs Manhattan Retail Lease\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df\",\"name\":\"Maria Maruta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78\",\"caption\":\"Maria Maruta\"},\"description\":\"Maria Maruta is an Associate Editor with Multi-Housing News and Commercial Property Executive. Maria completed a Bachelor's in Art History and a Master's in Film Studies at the University of Groningen, The Netherlands. Currently, she writes commercial real estate news, particularly on the office, retail, coworking and self storage sectors. You may reach her at maria.maruta@cpe-mhn.com\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/maria-maruta\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Wellness Brand Signs Manhattan Retail Lease - Commercial Property Executive","description":"Life Time Inc. signed a 20-year, 52,000-square-foot retail lease at Property & Building Corp.\u2019s 10 Bryant, an office property in Manhattan.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/","og_locale":"en_US","og_type":"article","og_title":"Wellness Brand Signs Manhattan Retail Lease","og_description":"Life Time Inc. signed a 20-year, 52,000-square-foot retail lease at Property & Building Corp.\u2019s 10 Bryant, an office property in Manhattan.","og_url":"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2025-06-24T15:20:00+00:00","article_modified_time":"2025-06-24T15:20:02+00:00","og_image":[{"width":1395,"height":1047,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg","type":"image\/jpeg"}],"author":"Maria Maruta","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/","url":"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/","name":"Wellness Brand Signs Manhattan Retail Lease - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg","datePublished":"2025-06-24T15:20:00+00:00","dateModified":"2025-06-24T15:20:02+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df"},"description":"Life Time Inc. signed a 20-year, 52,000-square-foot retail lease at Property & Building Corp.\u2019s 10 Bryant, an office property in Manhattan.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg","width":1395,"height":1047,"caption":"Rendering of Life Time Inc.'s future retail space at 10 Bryant. The image features a terrace designated for working, playing sports and interacting socially."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/wellness-brand-signs-manhattan-retail-lease\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Wellness Brand Signs Manhattan Retail Lease"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df","name":"Maria Maruta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78","caption":"Maria Maruta"},"description":"Maria Maruta is an Associate Editor with Multi-Housing News and Commercial Property Executive. Maria completed a Bachelor's in Art History and a Master's in Film Studies at the University of Groningen, The Netherlands. Currently, she writes commercial real estate news, particularly on the office, retail, coworking and self storage sectors. You may reach her at maria.maruta@cpe-mhn.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/maria-maruta\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/10-Bryant-in-Manhattan-edited.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004762491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3619"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004762491"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004762491\/revisions"}],"predecessor-version":[{"id":1004762589,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004762491\/revisions\/1004762589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004762496"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004762491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004762491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004762491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}