The Real Deal New York

Category: Chelsea

  • Gardner-rendering

    Rendering of 500 West 21st Street

    The architectural firm of Kohn Pedersen Fox recently announced the completion of the main foundation work for 500 West 21st Street, which will soon begin to rise over the High Line Park. This newest building is being developed by Sherwood Equities and will contain 32 units, ranging from one to four bedroom condominiums. [more]

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  • Cindy Gallop (inset) and the loft at 213 West 23rd Street

    Cindy Gallop (inset) and 213 West 23rd Street

    Advertising maven Cindy Gallop, the founder of the MakeLoveNotPorn movement, has listed her Chelsea loft for just under $6 million.

    The 3,800-square-foot apartment at 213 West 23rd Street used to be the men’s locker room of the YMCA, Gallop told the Wall Street Journal. Painted entirely in shades of black, the apartment has two bedrooms and three bathrooms and a large open space which serves in turn as the living room, dining room and kitchen. It is decorated with paraphernalia such as a Gucci chain saw and an Ak-47 littered with Chanel logos. [more]

  • Vickey Barron

    Vickey Barron, a top broker and managing director at Core, has boomeranged back to Douglas Elliman, The Real Deal has learned. The former Elliman agent, who departed for Core two years ago citing a less competitive work environment, has returned to the fold, representatives for both companies confirmed today.

    Barron joined Elliman in 2000 and spent 11 years there, earning a berth as one of the brokerage’s top producers. Barron won the Real Estate Board of New York’s Rookie of the Year award in 2001. [more]

  • A water tower in Chelsea (Credit: Night Heron Speakeasy)

    RWN Real Estate Partners paying $3.8 million for 328 Bowery condo. Speakeasy in Chelsea water tower is far from underground. Seagate Beach Club in Coney Island to open in summer. High Line painting elevates dining experience at Colicchio & Sons in Chelsea “Improvements” to Penn Station would be hardly that: OPINION. Read these stories and more after the jump.

  • The High Line

    As new developments rise along the High Line in West Chelsea, families are flocking to them, the New York Times reported.

    A lack of family-sized apartments Downtown has sent prices for luxury condominiums surging past those of Uptown and Midtown. One of the most sought-after neighborhoods is West Chelsea, as the High Line’s elevated parkland continues to drive development. [more]

  • Carnegie Hill

    The old calculus of buying versus renting hinges on a host of personal factors, not least of which is the investment cost. In New York City, an average home buyer needs to spend 6.1 years in a chosen dwelling to recoup the cost of purchasing that unit, according to new figures from Zillow.  [more]

  • From the May issue: The stock market is soaring. Unemployment is falling. And consumers seem newly confident. But at least one major obstacle is preventing a surge in residential sales in New York City: Even if buyers want to purchase homes, there aren’t many to choose from. In fact, the current inventory crunch, the worst in recent memory, has become the defining feature of New York’s residential market.

    At the end of the first quarter, there were just 4,960 co-ops and condos in Manhattan for sale — a stunning 34 percent decrease from 7,560 in the same period of last year, according to data from Douglas Elliman. [more]

  • Renderings of 508 West 24th Street

    Design architect Cary Tamarkin’s newest West Chelsea project will be a 10-story building with 15 residential units and ground-floor retail space, Curbed reported.  [more]

  • Fredrik Eklund and 144 West 27th Street (Building image via StreetEasy)

    Douglas Elliman broker and star of “Million Dollar Listing New York” Fredrik Eklund is listing his 144 West 27th Street pad for $3.25 million, the New York Post reported.  [more]

  • Player’s Club at 16 Gramercy Park

    “Will & Grace” star Debra Messing checks out $4.75 million Chelsea duplex. Skinny Upper East Side townhouse asks $9.25 million. Famed Player’s Club in Gramercy Park could go dark if bills aren’t paid. Journalist Jacob Bernstein (son of Carl) buys Chelsea co-op for $950,000. Life’s a beach: The good ol’ days of Battery Park City. Read these stories and more after the jump.

  • The Alexander penthouse in Turtle Bay (Source: StreetEasy)

    Companies opt for smaller office spaces to create natural icebreakers. The Alexander penthouse’s asking price drops by another $1 million. New owner plans to reboot Clearview Chelsea Cinemas. Architect sells part of Tribeca triplex for $5.95M. Tips for boomer home sellers targeting Generation Y. Read these stories and more after the jump.

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  • From left: the Chelsea Market and the Falchi building at 31-00 47th Avenue in Long Island City

    Is a Chelsea Market-type mixed-use development coming to Long Island City? Jamestown Properties, the owner and developer of the Chelsea Market, is considering transforming an office property it nabbed there last year into a similar type of marketplace, said the company’s chief operating officer, Michael Phillips. [more]

  • 251 West 19th Street and Leonard Steinberg and Herve Senequier

    251 West 19th Street and Leonard Steinberg and Herve Senequier

    Leonard Steinberg and Herve Senequier of Douglas Elliman not only rake in the big bucks with multi-million dollar luxury apartment sales, they also flip investment properties across New York City. Their most recent deal is the $2.68 million sale of a condominium at 251 West 19th Street in Chelsea, property records filed today with the city show. [more]

  • Tavros buys Chelsea Muse for $27.5 million

    December 24, 2012 02:00PM

    From left: Peter Von Der Ahe, Chelsea Muse exterior and interior and Joseph Koicim

    Tavros Capital Partners has purchased the Chelsea Muse, a luxury mixed-use building located at 537 West 27th Street, for $27.5 million, The Real Deal has learned. The sellers were Ekstein Development, RD Management and L&M Development Partners. The deal closed on December 20. [more]