Tiger Woods and Justin Timberlake have established a new sports bar in New York City!

According to a press statement shared with PEOPLE, the bar, suitably dubbed T-Squared Social, is located on East 42nd Street in Manhattan and was constructed in collaboration with NEXUS Luxury Collection and 8AM Golf.

Craft cocktails, non-alcoholic mocktails, draft domestic and foreign beers, and a broad range of local and international wines are available on the drink menu.

Meanwhile, the food menu has an “elevated take” on classics like flatbreads, sandwiches, and salads, as well as small and large sharing meals.

The new endeavor of Timberlake and Woods is housed in the magnificent lobby of one of the country’s oldest banks, Emigrant Savings Bank, which is owned by Howard Milstein, who also owns 8AM Golf.

The Manhattan-based design firm Forrest Perkins created the 22,000-square-foot facility, which has a 32-foot marble bar.

Lounge sections and reservations-only luxury “Box Seats” are also available, as is a 12-seat “Vault” space for exclusive meals and parties.

T-Squared Social also has Full Swing golf simulators, duckpin bowling, and darts, as well as over 35 TVs, including a 200-inch flat-screen television that the release claims is the largest single screen in New York.

“The idea for T-Squared Social came to us during a round of golf at Albany, our development in The Bahamas,” stated Woods, 47, in a news statement. “Justin and I thought it would be fun to create a place that combines our favorite things and brings people together to simply have fun.” We’d always wanted to accomplish something together, and Nexus provided us with the platform to make it happen.”

“We knew a concept like T-Squared Social would thrive in New York,” Timberlake, 42, added. It’s a stunning facility that goes above and beyond the conventional sports bar experience. You can enjoy yourself without sacrificing quality or comfort. We’re thrilled to be working with 8AM Golf on this tremendous opportunity in the midst of one of the world’s most beautiful cities.”