From left: Solomon Levy, chairman of Paramount Assets; Irvington Mayor Tony Vauss; Richard Dunn, senior vice president of Paramount Assets; Maurice Levy, chief operating officer of Paramount Assets; Blink Fitness CEO Todd Magazine; and David Collignon, senior vice president of Blink Fitness. — Courtesy: Paramount
By Joshua Burd
Paramount Assets is touting the opening of a new Blink Fitness in Irvington, the real estate firm’s fourth lease in New Jersey with the fast-growing chain.
Executives with both companies gathered recently at 440 Eastern Pkwy. to debut the new facility off Springfield Avenue. Located at a newly built pad site, the gym is part of a newly renovated, Paramount-owned shopping center known as Maple Spring Commons.
Paramount Chief Operating Officer Maurice Levy and David Dunkelman, executive vice president of Soloff Retail, arranged the deal with Bill Miller, vice president of real estate for Blink Fitness.
“Blink Fitness is recognized for its success in high-density, downtown markets,” said Richard Dunn, senior vice president of Paramount Assets. “This property’s demographics and location, in proximity to a supermarket-anchored shopping center, made it particularly attractive to this tenant. There’s significant demand today for affordable gyms that cater to consumers of all ages and abilities.
“We’re excited to bring Blink Fitness to Irvington and are confident it will become a wonderful amenity for those who live and work in the community.”
