Leases  ·  Retail

Peloton Sprints Over to the West Village

reprints


Indoor cycling studio Peloton is opening a new studio in the West Village specifically for treadmill-oriented training.

The fitness company leased 12,450 square feet of retail space—7,160 square feet on the ground floor and 5,290 on the lower level—at 152 Christopher Street, The New York Post reported. The length of the lease and the asking rent weren’t available, but the new outpost, Peloton Tread, will open on May 1.

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The studio will host “our total body workouts, walking and running,” Fred Klein, Peloton’s chief content officer, told the Post. It will also livestream fitness classes Peloton will replace two other gyms, David Barton and Crunch, which both recently closed in the building.

Ben Birnbaum and Ben Shapiro of Newmark (NMRK) Knight Frank handled the transaction for Peloton, and Patricia Dunphy handled the deal in-house for landlord Rockrose Development. A spokeswoman and a Rockrose representative didn’t respond to requests for comment.

Earlier this month, Peloton signed two leases totaling 32,100 square feet for a studio and offices at 5 Manhattan West, and it opened a 300-square-foot pop-up shop at Brookfield Place last year. The company moved into its main studio at 140 West 23rd Street in 2014.