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Story summary
- Over 30 new private clubs opened in New York City, charging initiation fees $1,000-$6,000, quarterly dues $600, and sparking a boom.
- Dan Spiegel says clubs give landlords longer leases and steady traffic.
- Avison Young reports Q1 2026 office leasing was 22 % below the average of 78.6 million sq ft.
- Clubs forbid photography and social-media posts and may charge $10,000 to explore membership.
