New York, NY According to IGI-USA, a New York-based development company, a new group fitness studio, Infinite Cross-training Experience (I.C.E. NYC) has leased both basement and street-level retail space at 93 Worth St. (totaling 4,400 s/f), providing a new specialized workout space for the neighborhood.
Albert Manopla and Morris Sabbagh of Kassin Sabbagh Realty represented I.C.E. NYC while Michael Yohai and Spencer Levy of RKF & Associates represented IGI-USA.
I.C.E NYC will occupy 250 s/f on the street level, where it will serve cold-pressed juice and other healthy prepared foods, while also converting 4,150 s/f in the basement into a boutique group fitness studio with a range of exercise and yoga classes for adults and children. I.C.E. NYC will offer top-of-the-line amenities in a luxurious setting, including well-appointed locker rooms and showers.
“We were immediately attracted to TriBeCa as one of America’s most fashionable and desirable neighborhoods,” said Izzy Levy, COO of I.C.E. NYC. “Much like what IGI-USA has done with the residences at 93 Worth, our timeless and vibrant design will connect the historic TriBeCa charm with its modern upscale lifestyle.”
The fitness studio will open this December, joining the soon-to-be-opened Woops! Bakeshop and the existing HSBC Bank on the ground floor of 93 Worth St.
The additions of I.C.E. NYC and Woops! Bakeshop continues IGI-USA’s influence on the neighborhood, specifically the area east of Broadway, where 93 Worth has been a catalyst for residential and retail development since 2011.
“Cross training has become a very popular form of exercise and we’re thrilled to have I.C.E. NYC bring its unique expertise and classes to the residents of 93 Worth and the TriBeCa neighborhood,” said Eldad Blaustein, CEO of IGI-USA.
93 Worth is comprised of 91 modernized luxury residences ranging from a mix of studio, one, two, three and four-bedroom homes, as well as seven grand penthouses. When sales began in 2011, 70 percent of the units sold in just four months, ranking it as one of Curbed’s Most Popular Buildings of 2014. The building is currently 95 percent sold.
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.