Tavros Capital starts reimagining of beleaguered 250 Water

Tavros Capital is making progress on changes to the beleaguered development site at 250 Water Street. Chelsea Piers Fitness signed a lease for a five-story, 76,000-square-foot health and wellness facility in the Seaport District, the New York Post reported. Financial details of the lease were not disclosed. Chelsea Piers chief executive officer David Tewksbury said the facility would include both indoor and outdoor spaces. Tavros partner Colin Rankowitz, meanwhile, said the tenant would feed into the company’s “vision to deliver a complete neighborhood asset.” The lease is one of the first outward signs of progress at the site since Tavros’ […] This article originally appeared on The Real Deal. Click here to read the full story.