A 24-hour gym is bulking up for cutting season by establishing its first New York City location in Manhattan’s Murray Hill neighborhood.
Hydrogen Fitness signed a 15-year lease for 17,000 square feet at Meyer Equities’ 145 East 32nd Street, where it will occupy the ground floor, lower level and mezzanine and operate a juice bar known as Hydro Bar. The spot will be its third location overall in the New York tri-state area.
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Crain’s New York Business first reported the deal, stating that it was a 25,000-square-foot deal.
Asking rent was $70 per square foot.
“Hydrogen Fitness recognized the opportunity to establish a flagship presence in Murray Hill, where strong residential density and consistent daytime population create an ideal environment for a premium fitness offering,” Lee & Associates NYC’s Cory Gahr, who represented the tenant with Josh Lebowitz, said in a statement. “We’re seeing increasing interest from operators who want to deliver a more elevated, amenity-driven experience, and this space was uniquely positioned to accommodate that vision.”
Okada & Company’s Christopher Okada, Thomas Capuano and Elena Ivanova negotiated on behalf of the landlord, but did not immediately respond to a request for comment or clarification on the discrepancy in the square footage.
Founded in 2020 by Jonathan Gutwein and Andrew Pinon, Hydrogen Fitness offers Equinox-esque service in Greenwich, Conn., and Scarsdale, N.Y.
Located between Third Avenue and Lexington Avenue, 145 East 32nd Street stands at about 12 stories and is also leased to a CityMD and to NYU Langone Madison Avenue Orthopedics.
Mark Hallum can be reached at mhallum@commercialobserver.com.
