The former Apple Tag & Label building, located at 30-30 Northern Blvd., is an eight-story, 213,00-square-foot building that bares a large neon apple sign. Alma Realty, which purchased the site, redeveloped the structure and is planning to lease the space to top-tier tech, media and other creative companies.
Alma Realty, the company that owns the property, announced that Powerhouse Gym has leased a 10-year deal to occupy 10,323 square feet of space. The first gym was founded in 1975 by brothers William and Norman Dabish in Michigan.
In 1984, the company began licensing its name and now has locations in 39 states and 17 countries. Famous atheletes have trained at Powerhouse Gym including boxer Tommy Hearns and celebrities such as Arnold Schwarzenegger, Cameron Diaz, John Travolta, Jerome “The Bus” Bettis, Alex Rodriguez, Mike Tyson and Dwayne “The Rock” Johnson.
The fitness chain has also expanded its brand to include merchandise, a magazine and a television show.
“Powerhouse Gym choosing to sign a 10 year lease in Long Island City demonstrates a strong commitment to the community and is a great sign for the neighborhood’s future,” said Peter Kosteas of Alma Realty Corp. “The demand for this type of retail shows that Long Island City is attracting a healthy living residential population to go along with the growing office space market. Such amenities are what brings people to the neighborhood, fueling the local economy and attracting even more investment.”
This will be the fitness brand’s third location in New York. There is currently a Powerhouse Gym in Bayside and Syosset on Long Island.
Greenthal Property Sales, a family-owned property management firm, signed a 12-year lease to occupy a 15,303 square-foot space at the building in July.