Residents Silverstein properties’74 floors Brooklyn Tour In the city center, Brooklyn will soon obtain a new massive health club, with fitness centers, swimming pools, spas and more.
Health and well-being brand Lifetimewhich operates health clubs in the United States and Canada, has signed a five-year lease for around 80,000 square feet on seven floors of the 550 units at 9 avenue DekalbAnnounced Life and Silverstein on Tuesday.
Asking for the rent was $ 115 per square foot, according to a source knowing the agreement.
“While we continue to extend our presence in New York, we are delighted to work with the Silverstein team on this emblematic development”, ” Parham Javaherisaid the club president of the club for life, in a statement. “It will still be another jewel of the Crown in our large portfolio of sports clubs in North America. This destination will be unequaled in the offers, and we are impatient to deliver our incomparable healthy life, our healthy and healthy entertainment experiences to residents and the surrounding community. »»
Atlantic Retail‘s Joe Mastromonaco And Colleen Morrissey negotiated the agreement for life, while Newmark (NMRK)‘s Jackie Totolo,, Peter Whitenack And Pierce Thompson represented Silverstein. Newmark and Atlantic Retail refused to comment.
The new Life Time club in Brooklyn Tower should open its doors in the second half of 2026 and be the brand’s largest location in Brooklyn, following two existing locations in Dumbo and Prospect Heights and seven others across Manhattan, According to his website.
The club will offer residents and members a “holistic experience focused on recovery, rejuvenation and socialization”, with programs offering “exclusive studio courses, dynamic personal training and the best forces and fitness offers,” said Life Time.
It will also include a roof swimming pool, a mixed humid suite with a cold swimming pool and a hammam, a luxury spa with red light therapy, coworks and library spaces, fitness studios with bar and yoga and training spaces, according to Life Time.
The new agreement comes after Silverstein bought the Brooklyn tower from JDS development In July 2024 for $ 672 million, As previously reported by the commercial observer. JDS had been lacking on the mezzanine loan of $ 240 million in the property and did not find buyers for luxury units recently completed in the building, which brought the lender of the mezzanine Silverstein, reported CO.
“As a new owner of Brooklyn Tower, Silverstein Properties undertakes to finish the project that includes the project, which understands that residents will continue to expect an unprecedented health and well-being experience as one of the sequences of exceptional building equipment”, ” Shawn Katzpresident of Silverstein Capital Partnerssaid in a press release.
This is not the first time that the lifespan has offered plans to move in Brooklyn Tower.
In 2022, The company announced an agreement With JDS to rent and exploit more than 100,000 square feet on the property, but he said that he had since agreed with the current lease reduced with the new owner Silverstein for a “high and redefined sports campaign”.
Isabelle Durso can be reached Idurso@commercialobserver.com.