Entertainment firm behind Chelsea Piers inks 52K sf lease in Brooklyn

Company plans to open gym at base of TF Cornerstone’s 33 Bond Street

TRD New York /
Jul.July 10, 2017 09:15 AM

33 Bond Street, Jake Elghanayan and Chelsea Piers (Credit: TF Cornerstone, Getty Images and Chelsea Piers)

The company that brought the city Chelsea Piers is planning to open a fitness club on the border of Downtown Brooklyn and Boerum Hill, where it’s signed a lease for 52,000 square feet at TF Cornerstone’s 33 Bond Street.

The new location is set to open next year and the Chelsea Piers company said it will be a “world class fitness club,” the Wall Street Journal reported. Asking rents for the ground-floor space in the area are about $100 per square foot.

TF Cornerstone TRData LogoTINY senior vice president Jake Elghanayan said the company had been looking for a unique gym or similar tenant for the building that would stand out from the crowd.

“The focus on fitness has grown and expanded,” he said. “There wasn’t a gym of this scale that serves the community.”

Residents at the 714-unit rental tower will be eligible for free or deeply discounted membership at the gym, said Elghanayan, who added the company is looking to bring in a food provider at the building.

Chelsea Piers’ Manhattan location between West 17th and West 23rd streets opened in 1995. The company opened a Connecticut location in 2012. [WSJ]Rich Bockmann


Related Articles

arrow_forward_ios
TF Cornerstone president Frederick Elghanayan and 595 Dean Street (Credit: CityRealty, Google Maps)

TF Cornerstone’s Prospect Heights two-tower project unveiled

Small Talk: Every community meeting. About every development project. Ever.

An example of roll-off waste management (Credit: YouTube, iStock)

A win for big building owners in trash-collection fight

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

arrow_forward_ios