Life Time Fitness Opening First NYC Location at Moinian Group’s Sky
Liam La Guerre Jan. 28, 2016, 5:46 p.m.
The company has leased 70,000 square feet at the 1,175-unit rental building between 11th and 12th Avenues.
Called Life Time Athletic at Sky, the gym will open in March, as The Wall Street Journal first reported. A spokeswoman for Life Time declined to provide the terms of the deal for the fitness center, which will be located on three continuous floors at the base of the building.
Life Time’s new club will be comprised of three pools (two outdoor and one indoor), a full-sized indoor basketball court, a cafe, yoga and cycling studios as well as a spa. It will be Life Time’s 120th fitness center in the country.
SRS Real Estate Partners is marketing 20,000 square feet on the ground floor and 50,000 square feet on the lower level for retail space. The building is nearing completion and many residents have already moved in.
There were no brokers involved in the transaction, Life Time’s spokeswoman said. A representative for The Moinian Group did not return a request for comment via a spokeswoman.