Overview
- Chelsea Piers Fitness signed on as the anchor tenant with a five-story, 76,000-square-foot club at the planned mixed-use tower at 250 Water Street.
- The lease is the first confirmed for the project, which the developer says will start construction next winter.
- The plan calls for about 600 apartments with 25% set aside as affordable housing, plus retail space and new public outdoor areas.
- Tavros and Atlas Capital bought the one-acre block between Peck Slip and Beekman Street for roughly $150 million, according to the developer.
- Tavros aims to keep the existing SOM massing, has tapped Fogarty Finger as design architect, negotiated the Chelsea Piers deal in-house, and will have Atlantic Retail market about 35,000 square feet of ground-floor space.