In the News: Gyms opening new locations

NEW GYMS COMING TO THE NEIGHBORHOOD
Real Estate Weekly has a story on gyms reopening, including a relocation of the Krav Maga Institute to Church Street, Erik Bloom Pilates to Franklin, Sweat440 to John Street and Joseph Charles Fitness to Trinity Place. More TK on those.

TRIBECA THROUGH THE ODEON LENS
The Times has a profile of Keith McNally, the founder of the Odeon (along with its current owner and his ex-wife, Lynn Wagenknecht) and it includes some fun details of those first years on West Broadway, starting in 1980. “Kim Hastreiter, a founder of Paper Magazine, credits Mr. McNally with helping establish TriBeCa as an artists’ haven in the 1980s. Michael Musto, the longtime Village Voice columnist, blames him for gentrifying it, and ‘bringing what were essentially uptown restaurants south of the border, by which we mean 14th Street.'”

“Overall, I’d rather see a more bohemian New York than one where restaurants make huge profits,” Mr. McNally said. “But I’d rather see a conservative New York than one where I personally go broke.”

“[The Odeon] was really the first place in TriBeCa where the leather banquettes, Art Deco lighting fixtures and glittery people went. Andy Warhol brought Jean-Michel Basquiat, Keith Haring and Madonna. They ate free of charge. In exchange, the restaurant got a monthly ad in Interview, the magazine Mr. Warhol founded. Ms. Hastreiter worked out a similar arrangement with the Odeon’s owners. Her booth was in the back. “Except on Sunday afternoons,” she said. “Robert De Niro got it then. I wasn’t into brunch anyway.”

MILLIONS IN PENTHOUSE SALES
The penthouse at 67 Vestry and a penthouse at 56 Leonard are both in contract to unnamed buyers, according to The Post. And The Real Deal reports that priciest residential closing recorded Wednesday was $15.5 million for a condo at 161 Hudson.

GOOGLE BUYS ITS BUILDING ACROSS FROM PIER 40
Crain’s reported last week that Google will buy its St. John’s Terminal building that it currently leases for $2.1 billion in New York’s largest real estate deal since the onset of the pandemic. Its decision to buy the building expands on its plans to spend more than $250 million this year on its presence in New York. The 12-story building at 550 Washington St. is across from Pier 40, and the company expects to open its location there by mid-2023.

BLUE SCHOOL SELLS SPACE ON WILLIAM
The Real Deal reports that The Blue School, which is on Water between Beekman and Peck Slip, sold two commercial condo units spanning 26,000 square feet at 156 William for $20 million. The buyer was Delaware limited liability company PHC William Street Condo. The school acquired the units for $27 million in 2016 and subdivided one in 2018, reducing its size by half; its website lists 156 William as a location for primary and middle school education.

 

7 Comments

  1. And the Tower Cafeteria was great too….

  2. Not long after Odeon opened my (now) wife went there and opined “This place will never make it” !!!!!!

  3. Hey, the article you link to was published JULY 17, 2021. Really, TC, not so timely, is it? LOL

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