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The Adidas office club transforning Manhattan buildings

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Adidas is spending big to transform unused office space in iconic areas into top-tier training clubs.

The sprawling Starrett-Lehigh Building on the West Side is embracing the fitness trend with the upcoming launch of the Adidas-branded 601 Athletic Club, spanning an impressive 15,000 square feet.

The new facility will be added to the existing 100,000 square feet of tenant and public amenities, which already include Marcus Samuelson’s renowned restaurant, Hav + Mar, the recently opened Olly Olly Food Hall, and a public art and event space that recently hosted a Basquiat exhibition.

The 601 Athletic Club will be equipped with top-of-the-line Peloton equipment and will offer exclusive programming, including yoga and pilates classes, a walking club, and “no-cooking” cooking classes.

As part of the Starrett-Lehigh Building, a 1931 landmark featuring a stunning industrial-modernist design, the addition of the 601 Athletic Club enhances its allure as one of the city’s largest commercial buildings, encompassing an impressive 2.3 million square feet.

Among its prominent office tenants are Ralph Lauren, McGarry Bowen, Fashionphile, and Wheels Up. Currently 73% leased with additional deals in the pipeline, the building’s success under RXR’s ownership since 2011 has seen asking rents rise significantly from $30 to $70 per square foot.

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Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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