The retail asset located at 408 Columbus Avenue in the Upper West Side market has been leased at an asking rent of $110 per square foot. The lease encompasses a total area of 13,900 square feet.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $110/ft
• Address: 408 Columbus Avenue
• Market: Upper West Side
• Landlord: World Wide Holdings
• Tenant: Cocoon
• Landlord's Representative: Andrew Taub & Ross Berkowitz - Newmark
• Tenant's Representative: Luis Ramirez, Matthew DeRose & William Janetschek - Nomad Group

The transaction marks Cocoon's second NYC location, indicating the company's growth in the family membership club sector. The deal was facilitated by the involvement of both Newmark representing the landlord and Nomad Group representing the tenant.