Meridian Capital Group

Eternal Takes 12K SF at 525 West 26th Street for Fitness Center

February 11, 2025

A new longevity lab and gymEternal, will open its first location in Chelsea.

Eternal, which focuses on high-performance training, health management and longevity, has signed a 10-year lease for 12,000 square feet at Joseph Schik’s 525 West 26th Street, according to landlord broker Meridian Capital Group. Asking rent was $55 per square foot.

“We are excited to have such an advanced company in the building and we look forward to seeing how they can help shape the future of health, wellness and longevity,” Meridian’s John Roesch, who brokered the deal for the landlord along with Sara Lamstein, said in a statement to Commercial Observer.

Cushman & Wakefield (CWK)’s Michael AzarianJames Ariola and Kassie Wallace brokered the deal for the tenant. A spokesperson for C&W did not immediately respond to a request for comment, while spokespeople for Eternal and Schik could not be reached for comment.

Eternal was created by entrepreneur Alex Mather, who founded sports media company The Athletic that was purchased by the New York Times for $550 million in 2022, Meridian said.

Eternal’s platform will provide members with a curated fitness regimen based on their biometrics. The company was funded in a $15 million seed round led by LightspeedCourtside VenturesTreble Capital and Next Ventures, according to LinkedInpost.

Eternal is set to launch in both New York City and San Francisco, with its Chelsea location opening in the spring, according to its website.

“Eternal will be a strong anchor for this highly fitness-driven neighborhood,” Lamstein told CO. “Their unique, innovative approach will make this a standout destination in Chelsea.”

The building between 10th and 11th avenues is currently home to contemporary art gallery Seizan Gallery New York.

Read Article
Recent Articles | Back to News

Westville Expands: Opening its 12th Location

Article
February 11, 2025

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Article
February 11, 2025

Mermaid Inn Restaurateurs Ink 2K SF at 61 West 74th Street for New Eatery

Article
February 11, 2025

New York City's Top Retail Leases in July 2026

Article
February 11, 2025

AI Firm "Corgi" to Open 24/7 Cafe at 121 East 27th Street

Article
February 11, 2025

Bakery Shop Cafe Aroma to Open New Spot on the Upper East Side

Article
February 11, 2025