The Real Deal New York

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
July 10, 2017 09:15AM

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