Williamsburg spa Bathhouse expands by 18K sf
Brand takes more SLJ Management-owned space amid Brooklyn Brewery’s move
A Brooklyn spa will be bathing in another 18,000 square feet after taking space left open by Brooklyn Brewery’s impending move.
Bathhouse signed a lease for warehouse and rooftop space at 56 Berry Street, the Commercial Observer reported. The lease will more than double the spa’s Williamsburg footprint, as it already has 10,000 square feet at the adjacent 103 North 10th Street; both properties are owned by SLJ Management.
The additional space is split between 10,000 square feet of warehouse space and 8,000 square feet of rooftop space. The length of Bathhouse’s lease was not disclosed, but the asking rent was roughly $90 per square foot.
There were no brokers involved in the lease.
The space is freeing up as Brooklyn Brewery prepares to decamp toward Greenpoint. The company signed a 41,000-square-foot lease at Shlomo Karpen’s eight-story development at 1 Wythe Avenue, a short four blocks from its former location.
It’s an expansion for the brewery, which has been operating 30,000 square feet in Williamsburg. The move, expected to occur next year, will see Brooklyn Brewery occupy a taproom, corporate offices and brewing and research operations across the first and fourth floors, as well as the basement.
The asking rent on its 30-year lease, which includes renewal options, was $75 per square foot.
Karpen purchased the property in 2018 for $15.3 million. Over the summer, Karpen received $55 million from G4 Capital to refinance prior debt and build a 100,000-square-foot development.
Jason Goodman and Travis Talmadge founded Bathhouse in 2019, tapping Verona Carpenter Architects to help convert an old soda factory into a full service spa with a social element. In October 2021, the company signed a 34,000-square-foot lease to open at Friedland Properties’ 7 West 21st Street in Manhattan.
— Holden Walter-Warner