Life Time Expands Presence in New York City with New Midtown Manhattan Location.

Monday, Jun 23, 2025 8:33 pm ET1min read
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Life Time plans to expand in New York City with a 52,000-square-foot athletic urban country club in Midtown Manhattan. The company aims for an opening in early 2027, aligning with its strategy to broaden its footprint in urban centers. Based on analyst estimates, the average target price for Life Time Group Holdings Inc is $38.04, implying a 31.94% upside from the current price of $28.83.

Life Time Group Holdings, Inc. (LTH) has announced a significant expansion into New York City with the signing of a lease agreement for a 52,000-square-foot athletic urban country club at 10 Bryant, a premier Midtown Manhattan office tower. The new facility, set to open in early 2027, will be housed within the iconic 30-story tower and is expected to be a prominent showcase of Life Time's full-service healthy lifestyle model [1].

The new club will span four levels with a prominent Fifth Avenue entrance and will feature a luxurious, co-ed wet suite with steam rooms, saunas, hot tubs, and cold plunges. Additionally, it will include an expansive workout floor with best-in-class cardio equipment, resistance-training machines, and free weights. A dedicated recovery space with innovative cold and water massage chairs, whole body compression technology, and metabolic testing will also be available. The facility will offer six boutique-style studios for group fitness formats, including Fight Conditioning, MB360, GTX, Barre, and Pilates. A Life Time Work Lounge for coworking and productivity will be included as well [1].

The strategic location of 10 Bryant, directly across from Bryant Park and the New York Public Library, offers unparalleled connectivity with direct access to three major MTA transit lines serving over 175,000 daily riders. This prime location is surrounded by global powerhouses such as Amazon, Bank of America, Salesforce, Bloomberg, and PwC, making it ideal for both local residents and daily commuters [1].

Life Time Group Holdings, Inc. currently operates seven Manhattan locations and two in Brooklyn, with more in development, including a facility at Brooklyn Tower set for a 2027 opening. The new Midtown Manhattan location is part of the company's continued national expansion and strengthens its growing presence in New York City [1].

Analysts remain optimistic about Life Time Group Holdings' financial prospects. On June 18, 2025, analyst John Heinbockel from Guggenheim reiterated his "Buy" rating on LTH, with a target price of $36.00. The average target price for LTH is $38.04, implying an upside of 31.94% from the current price of $28.83 [3].

References:
[1] https://www.marketscreener.com/quote/stock/LIFE-TIME-GROUP-HOLDINGS--127859210/news/Life-Time-Signs-Lease-At-10-Bryant-Bringing-New-Wellness-Destination-to-Midtown-Manhattan-50307262/
[2] https://finance.yahoo.com/quote/LTH/
[3] https://www.gurufocus.com/news/2934455/life-time-group-holdings-lth-stock-rating-reiterated-by-guggenheim-lth-stock-news

Life Time Expands Presence in New York City with New Midtown Manhattan Location.

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