Indoor pickleball is expanding in New York City, as luxury health and fitness brand Life Time has signed a lease with Vornado Realty Trust to open more than 53,000 square feet on the first three floors of Penn 1. The space will include seven new courts for the rapidly growing sport, as well as boutique fitness studios.
Located adjacent to Madison Square Garden, the 57-story Penn 1 serves major office tenants.
“As part of our methodical expansion in New York City, we’re thrilled to partner with Vornado Realty Trust to bring our unique Life Time experiences to their reimagined Penn District,” said Parham Javaheri, Life Time chief property development officer and executive vice president. “We’re particularly excited to expand our indoor pickleball court offering in Manhattan with what will be the city’s most premier indoor pickleball club featuring seven new courts, lounge seating and a bar — complemented by our luxury athletic club programs and amenities.”
Life Time at Penn 1 will open in two phases beginning in Summer 2023 as it takes over the existing fitness center on the second and third floors of the tower. The club will showcase boutique studios for the company’s exclusive group studio and indoor cycle formats; cardiovascular, functional and strength training equipment; a curated recovery space; spa; dressing rooms with high-end amenities and a juice bar complete with Life Time’s proprietary nutritional products.
Phase Two is slated for early 2024 with the seven ground-level pickleball courts, lounge, seating and bar area, along with dedicated spaces for Life Time’s Signature Group Training programs and personal training.
Joe Mastromonaco of Atlantic Retail represented Life Time in the transaction.
