New York Real Estate Journal

Lee & Associates NYC and Extell Development lease<br> 11,183 s/f to The Learning Experience at Hudson Piers

July 8, 2025 - Brokerage

Yonkers, NY Lee & Associates NYC and Extell Development Company said that childcare and early education franchise The Learning Experience (TLE) has signed a lease at Extell’s new waterfront development, Hudson Piers.

Located at 159 Alexander Dr., TLE has inked a deal for 11,183 s/f on the ground floor of Hudson Piers in a 15-year lease.

Lee & Associates NYC’s Steve Lorenzo and Jeffrey Lopez represented Extell Development in the deal, while TLE was represented in-house by Nick Vanella, executive vice president of real estate.

“Hudson Piers is Yonkers’ most exciting new development along the banks of the Hudson River. Its scale, public parking, green space, and accessibility are a few of the many reasons it’ll be a perfect site for The Learning Experience,” says Lee & Associates NYC.

“The addition of The Learning Experience to Hudson Piers is another key step towards developing Hudson Piers into a dynamic, thoughtfully curated lifestyle destination along the majestic Yonkers waterfront,” said Moshe Botnick, Senior Vice President, Development at Extell Development Company. “Located only 30 minutes from Midtown Manhattan, Hudson Piers will offer residents a seamless commute to New York City while also providing the benefits of a vibrant suburban community lifestyle with a variety of dining and retail options to enjoy. The addition of The Learning Experience further elevates our vision for the all-encompassing amenity-rich waterfront destination we are offering here.”

Located on over 20 acres along the Downtown Yonkers waterfront and as Extell’s first Westchester property, Hudson Piers will be one of the largest mixed-use developments in Westchester. The development consists of six new luxury rental buildings with a suite of exceptional amenities and an abundance of ground floor retail space along the beautiful Hudson River promenade. Additionally, Hudson Piers signifies the final and largest piece of the Downtown Waterfront Revitalization in Yonkers which will provide the general public access to the wonderful Yonkers riverfront. Offering more than 1,100 residences ranging from studios to three-bedrooms, Hudson Piers residents will have access to the intelligent floorplans, highest quality finishes and amenities that the Extell brand is known for, including, but not limited to, fitness centers, yoga and spin studios, private screening room, waterfront lounge, indoor playroom, game room, teen room, landscaped terraces, an outdoor swimming pool with cabanas, bocce court, putting green, fire pits, a dog park, over one-and-a-half miles of contiguous waterfront access along the majestic riverfront promenade giving pathways for biking and running, and so much more.

TLE is one of the nation’s fastest-growing childcare and early education franchises, with more than 430 centers across the United States. Focused on creating a joyful journey of learning for children six weeks to six years old, TLE offers a proprietary curriculum that blends academic, social, and emotional development with imaginative play. Each center provides a secure, nurturing environment designed to foster early literacy, STEM readiness, and character development through programs like L.E.A.P.® (Learning Experience Academic Program) and philanthropy-based learning.

The Hudson Piers location will offer full-service childcare, preschool, and enrichment programs, featuring state-of-the-art classrooms, an age-appropriate outdoor play area, and security measures aligned with TLE’s commitment to safety and excellence in early childhood education.

“We’re thrilled to bring The Learning Experience to the families of Downtown Yonkers,” said David Slavny, Chief Development Officer of The Learning Experience.