The Real Deal New York

Uber to hop into 52K-square-foot Chelsea space

Waterfront New York Realty offering expansion options at Terminal Stores building

May 21, 2014 08:30AM

  • Print
UBER

Uber CEO Travis Kalanick and 636 West 28th Street

Uber, the startup that finds taxis for users from among a pool of nearby drivers, inked a 10-year lease for 52,350 square feet at Waterfront New York Realty’s Terminal Stores building in Chelsea.

The new office, on the third floor of 636-638 West 28th Street, will allow Uber to expand from a staff of 50 to more than 275. The tenant will pay in the mid- to high-$40s per square foot for the space and a private elevator. The deal comes with an option to expand, the New York Post reported.

Christopher Flagg, Chris Pachios and Peter Pachios of Waterfront represented the landlord in-house. JLL brokers Alexander Chudnoff, Brittany Wunsch and Dan Turkewitz represented the tenant.

Uber now occupies 3,500 square feet in Long Island City, at 27-55 Jackson Avenue, which it first leased in 2012. [NYP]Mark Maurer

  • WORK SO HARD

    no wonder why the surcharges on uber…could have moved to jersey city and done the same work…

MENU

Subscribe to our email newsletters

New York Real Estate News
South Florida Real Estate News