Meridian Capital Group

Synergy Fitness Inks Deal for 13K-SF Gym on the Upper East Side

July 16, 2025

A new gym is coming to Manhattan’s Upper East Side, Commercial Observer has learned.

Synergy Fitness, a New York-based gym chain, has signed a 10-year lease for 13,176 square feet at the base of Pan Am Equities’ seven-story residential building at 1433 York Avenue in Manhattan’s Lenox Hill neighborhood, according to tenant broker Meridian Retail Leasing. Asking rent was $500,000 per year.

The deal represents a new location for Synergy, which has four other New York City locations across Manhattan, Queens and Brooklyn, as well as three locations elsewhere in the state, according to its website.

Synergy’s new space at the Upper East Side building between East 76th and East 77th streets spans three levels — the ground floor, second floor and basement — and is “fully built out for a modern fitness use,” Meridian said.

The gym will open in its new spot during the first quarter of 2026, replacing former tenant New York Health & Racquet Club, which closed all its locations permanently in 2020 due to “pandemic-related closures,” Meridian said.

“We’re proud to bring life back to this storied fitness destination,” Meridian’s Noam Aziz, who brokered the deal for the tenant along with Aaron Harounian, said in a statement.

“Health and wellness are no longer niche interests,” Aziz added. “They’ve become an essential part of how New Yorkers live. Synergy is perfectly positioned to meet that moment with a dynamic offering in a location that has long been associated with fitness.”

Newmark’s Andrew Taub represented the landlord in the deal. Spokespeople for Newmark, Synergy and Pan Am Equities did not immediately respond to requests for comment.

Synergy’s new Lenox Hill location will feature men’s and women’s locker rooms, a sauna, a steam room, and an indoor pool, according to Meridian.

News of the deal comes after some other recent gym leases in Manhattan, including Amsterdam-based fitness brand Rostudios’ deal for 9,000 square feet at 799 Broadway last month, and Australian group fitness chain The Athletic Clubs’ lease for 3,246 square feet at 199 Chrystie Street in May.

Featuring:
Read Article
Recent Articles | Back to News

LaundryBee Inks 10K-SF Lease at 115-53 Sutphin Boulevard, Queens

Article
July 16, 2025

Nightlife and Hospitality Operator Clown Car to Open New East Village Bar

Article
July 16, 2025

An Acclaimed Boston Japanese Restaurant Is Bringing its Famed Udon to NYC

Article
July 16, 2025

Momentum Realty Group and Meridian Capital Group arrange East Harlem lease for The Axis Project

Article
July 16, 2025

Two Manhattan Powerhouses Reunite to Open a Giant Soho Greek Spot

Article
July 16, 2025

Beijing-based Luckin' Coffee Eyes Starbucks’ Shuttered NYC Stores — as Even More Could be Closing: Sources

Article
July 16, 2025