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# Brooklyn Lyceum Will Become Blink Fitness
- URL: https://bklyner.com/brooklyn-lyceum-will-become-blink-fitness-parkslopestoop/
- Published: 2015-07-14T13:04:07.000Z
- Updated: 2015-07-14T13:04:07.000Z
- Author: Shannon Geis
- Tags: 227 4th Avenue, greystone, #API-Imported

![Brooklyn Lyceum](/content/images/wp-content/uploads/2013/10/pss_brooklyn_lyceum-702x526.jpg)

The landmarked Brooklyn Lyceum at 227 4th Avenue between Union and President Streets will become a Blink Fitness, according to [The Real Deal](http://therealdeal.com/blog/2015/07/13/blink-fitness-to-lease-entire-lyceum-building/?ref=bklyner.com).

[Blink Fitness](http://www.blinkfitness.com/?ref=bklyner.com), known for low monthly fees and owned by Equinox, signed a deal to take the entire 16,700-square-foot space for 15 years.

The developer [Greystone](https://www.greyco.com/?ref=bklyner.com), which owns the building and the lot next to it, had originally planned to convert the building into condos when [it bought the building for $7.6 million at a foreclosure auction](/blog/development/greystone-closes-on-lyceum-building-announces-plans-for-condos-new-rental-building).

Greystone recently said it was scrapping the condo plan and had decided to maintain the Lyceum as a “single-use commercial space.” The developer [also revealed the design for the 12-story apartment](/blog/real-estate/design-for-new-apartment-building-next-to-brooklyn-lyceum-revealed) building it plans to build next door.

The [Lyceum](http://brooklynlyceum.com/?ref=bklyner.com) was a public bathhouse in the early 20th century, but it fell into disrepair for decades. Its former owner, Eric Richmond, bought the building in 1994 and transformed it into a venue that hosted events experimental theater and events before it went into foreclosure in 2013.