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NEW YORK CITY — Life Time (NYSE: LTH) will open an 85,000-square-foot health club in Brooklyn. The space is located within 175 Third Street, a 1.1 million-square-foot building that is under construction within the Gowanus Wharf development, and the club will feature both indoor and outdoor athletic and wellness facilities. Joe Mastromonaco and Colleen Morrissey of Atlantic Retail represented Life Time in the lease negotiations. A partnership between Charney Cos. and Tavros Capital owns the building.