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Life Time fitness club's lease at 18 Sixth Ave. said to be the largest (in square footage) 2023 retail lease in Brooklyn (but it's not the full three floors).

Who knew: the luxury fitness club Life Time's lease at 18 Sixth Avenue (aka Brooklyn Crossing, or B4) is  Brooklyn’s largest retail lease of 2023, in square footage, according to The Real Deal.

The publication, which did not rank leases in overall cost or cost per square foot, noted that it was the borough’s second year in a row without any deals larger than 40,000 square feet. 

All three floors?

"The fitness center agreed early this year to lease the first three floors of the 51-story Brooklyn Crossing tower," built by the Brodsky Organization and Greenland USA, the Real Deal reported.

That's not quite true. As I wrote in January, The Commercial Observer reported Life Time leased 36,470 square feet for 20 years. The publication said the club would "occupy" the first three floors, which is not incorrect, but misleading.

The lease, as far as I can tell, represents the full second and third floors, plus one of the three ground-floor retail spaces, given that the building occupies a 19,782 square-foot parcel. The club is due to open next year.

As shown in a photo below, from an August post, there's signage to rent additional space on the ground floor. Another ground floor space is occupied by Spear Physical Therapy.


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