09.24.2013 NYREJ | Sher of Sabre Real Estate reps Massage Envy in 3,400 s/f leases

Sher of Sabre Real Estate reps Massage Envy in 3,400 s/f lease; At 312 E. 23rd Street: Winick Realty reps landlord

Manhattan, NY Sabre Real Estate Group LLC has arranged Massage Envy's first retail lease in the city.

Arizona-based Massage Envy, a pioneer and national leader of professional, massage and spa services, leased 3,400 s/f at 312 E. 23rd St., a condominium conversion known as The Foundry, developed by TF Cornerstone Inc. and located just east of 2nd Ave. in Manhattan's Gramercy Park. The new clinic and spa, to be operated by franchisee John Vatistas, is scheduled to open early in 2014.

Scot Sher, senior VP of Sabre, arranged the lease on behalf of Massage Envy. Sabre is Massage Envy's exclusive real estate broker in N.Y.C.'s five boroughs and L.I. Winick Realty represented the landlord. Other members of the leasing team seeking additional locations for Massage Envy include Sabre managing principal Jayson Siano and Sabre director Greg Batista.

"This location represents an excellent opportunity for Massage Envy on a busy block with heavy foot traffic, a tremendous concentration of residences in Gramercy Park, Stuyvesant Town, Peter Cooper Village and Kips Bay and proximity to NYU Medical Center," said Sher.