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Exclusive | ‘For lease’ guy Jay Luchs reveals massive overhaul coming for Los Angeles’ Sunset Strip

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‘For lease’ guy Jay Luchs reveals massive overhaul coming for Los Angeles’ Sunset Strip

By Benjamin Brown Published June 28, 2026, 4:34 p.m. ET

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Sunset Strip is set for a huge revamp as it turns away from its playboy past towards a more refined future, a top Los Angeles realtor has revealed.

Jay Luchs, who has dozens of “for lease” signs up along the iconic street, outlined a list of luxury names heading to the West Hollywood hotspot in the coming months.

He told the California Post that LESET, Barefoot Dreams and Blank Street Coffee will open stores as well as a host of other brands he said he was not at liberty to disclose yet.

General view of the Sunset Strip in West Hollywood, California, featuring numerous billboards, businesses, and cars on a sunny day. 12
The Sunset Strip remains a busy corridor filled with traffic and billboards that line the street. GC Images
Jay Luchs, an Executive Vice Chairman at Newmark, seated on a wooden chair on Sunset Blvd. 12
Luchs said he has helped bring in about 12 new businesses in the past year. Wally Skalij for the CA Post

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It comes after locals and businesses said the area had become a ghost town with empty shops, plummeting footfall sparked by extortionate rent prices and changing consumer habits.

Some said Sunset Strip had “lost its soul” with crowd favorites such as the Viper Room, Chin Chin, Pink Taco and Le Petit Four disappearing.

But Luchs claimed the street was not dead but undergoing a period of drastic change, with it modernizing more into a Rodeo Drive-style attraction.

Luchs, the executive vice chairman at Newmark, said: “There’s a lot happening here. The Sunset Strip has been famous forever, we see millions of cars driving by right now, it’s not like it’s dead but it changes.”

The Post walked the Strip with him as he pushed back on concerns from workers and locals who claim the area has been dying since COVID.

“You still have the Roxy, you still have the Rainbow, Tower Records became Supreme,” Luchs said, adding the majority of the spaces that are currently empty have a new business set to open.

People waiting in line to enter The Comedy Store in West Hollywood. 12
On the weekend, places like the Comedy Store, The Rainbow and Whiskey A Go Go often have lines out the door. Wally Skalij for the CA Post
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Jay Luchs, the executive vice chairman at Newmark, said the Sunset Strip is “reinventing” itself.” Wally Skalij for the CA Post
Pedestrians walk past large Equinox advertisements on Sunset Blvd. in West Hollywood. 12
Luchs said the Strip will look much different by this time next year with a wave of new businesses set to open. Wally Skalij for the CA Post
Billboards advertise "The Five Star Weekend" and Disney's "Moana" above Sunset Plaza in West Hollywood. 12
Some local business owners and residents said the Strip has lost its “soul.” Wally Skalij for the CA Post

“LESET, a major brand coming to this location — two weeks ago it said for lease,” Luchs told The Post. “We just signed Blank Street Coffee, we also have Pura Vida that just opened three weeks ago right next to that.”

“We have a sushi place that we are not allowed to announce but its really popular, people will know it if its announced and that’s going on this block as well,” he added.

Barefoot Dreams, a luxury loungewear and apparel store is taking over a 4,000 square foot store near the Equinox with a coffee shop that will open in the back.

Luchs noted while the Strip is “reinventing” from its rock-and-roll heyday to one defined by more trendy restaurants and retail, echoes of its storied past remain.

Places like Whiskey A Go Go, Chateau Marmont, The Comedy Store, and the Tower Bar are historic venues that helped make it the “sexiest strip in America” and continue to thrive alongside new places.

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Shaina Geyer told The Post the Sunset Strip is “lacking energy.” Jesal for CA Post
A woman with tattoos on her arms stands on a sidewalk on Sunset Strip with an empty storefront and billboards in the background. 12
Daniella Spires told The Post she largely avoids the Strip as it now gives off more “influencer vibes” instead of the original character that made it one of the most iconic places to visit in LA. Jesal for CA Post
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Maximo Ahumada, a bartender at the Naughty Pig, told The Post that Sunset Boulevard is “not the same as it was” but he’s still optimistic it will come back to life. Jesal for CA Post

“SoHo House is newer, Birds Streets is newer, Prince Street Pizza, Bar Next Door, and they are all on the street and busy,” Luchs said.

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