Admiral Reps Owner in 11,000 SF Lease

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December 1, 2008

Gordon of Admiral Reps Owner in 11,000 SF Lease in Scarsdale

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SCARSDALE, NY – According to the ownership of 7 Popham Road, they have
executed a lease with Citibabes for 11,000 s/f. The deal completes lease-up at 7 Popham, one of the first new
commercial developments in the downtown area in 50 years. The mixed-use office and retail project is
located adjacent to the Scarsdale Metro-North train station.

 

Citibabes is a Manhattan-based
private family club which offers services for both young children and their
parents and caretakers.

Citibabes
expects to open its doors at 7 Popham in March 2009. Currently, Citibabes has an existing location at 477 Broadway in
SoHo in N.Y.C. and is planning to open additional clubs in the metro area.

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Robert K. Futterman & Associates executive vice
president David Rosenberg represented Citibabes. The owner was represented by Jonathan Gordon of Admiral Real
Estate Services Corp., the building’s leasing agent.