The Real Deal New York

Posts Tagged ‘Chelsea’

  • Chelsea


    From Luxury Listings NYC: It wasn’t too long ago that Chelsea was a slightly grungy neighborhood on the fringes of the city. But not anymore. As high-priced residential projects like 505 West 19th Street — where a one-bedroom is listed for $2.1 million — continue to mushroom, especially around the uber-popular High Line, old-time retailers are shuttering their stores, falling victim to the area’s changing demographics. [more]

  • pmg

    From left: Kevin Maloney, 548-554 West 22nd Street, Ivan Hakimian and Kevin Esh

    Kevin Maloney’s Property Markets Group, in partnership with developer Harry Jeremias of the Harch Group, closed today on the purchase of a 40,000-square-foot Chelsea commercial building for $40 million, The Real Deal learned. [more]

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  • bauhouse

    Joseph Beninati and 515 West 29th Street

    The Bauhouse Group has secured a $35 million construction loan from Doral Bank to finance its condominium-and-retail project in Chelsea.

    The developers acquired a 35,000-square-foot, six-story warehouse at 515 West 29th Street for $24.4 million in September, and purchased three additional parcels of air rights for a total of $6 million in March. Until now, the project has been financed by equity, the New York Observer reported. [more]

  • 505 West 19th Street and Ziel Feldman

    505 West 19th Street and Ziel Feldman

    Asking prices for all three penthouses at Thomas Juul-Hansen’s 505 West 19th Street have been revealed nearly four months after sales launched at the two-building High Line development. [more]

  • 275-seventh

    275 Seventh Avenue

    A French game developer and tech advertising agency signed leases for a total of 36,000 square feet at labor union Unite Here’s 275 Seventh Avenue in Chelsea. Although Tishman Real Estate Services does not own the office property, it is heading up a $10 million renovation there.

    The building, between 25th and 26th streets, is receiving a makeover in the entrance, lobby and hallways. FreeWheel Media and Gameloft SE each grabbed a full floor of more than 18,000 square feet, the Wall Street Journal reported. [more]

  • anton-kern

    532 West 20th Street (Inset: Alf Naman and James Nelson)

    Developer Alf Naman is putting the site of the Anton Kern Gallery in Chelsea on the market for $27 million, brokers told The Real Deal. [more]

  • From left: Mamie Gummer and 315 West 23rd Street

    From left: Mamie Gummer and 315 West 23rd Street

    Meryl’s little girl is moving to Chelsea. [more]

  • 548-w-22nd

    Kevin Maloney and 548 West 22nd Street

    Kevin Maloney’s Property Markets Group, which is co-developing the high-profile Walker Tower project with JDS Development Group, is in contract to acquire a 40,000-square-foot commercial building in Chelsea for $40 million. [more]

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  • From left: 136 West 20th Street and a rendering of a proposed park there

    From left: 136 West 20th Street and a rendering of a proposed park there

    A new park could be coming to Chelsea. [more]

  • The 257 West 29th site and the adderss' former building

    The 257 West 29th site and the address’ former building

    WEEKENDEDITION A new 14-story supportive housing facility is set to rise at a Chelsea site once owned by Michael Imperioli of “The Sopranos” fame. [more]

  • 514

    From left: 514-518 West 24th Street, Ivan Hakimian and Kevin Esh

    Developer Harry Jeremias of the Harch Group is in contract to buy a three-story loft building with 49,288 residential buildable square feet for $35 million in an off-market deal, The Real Deal has learned. [more]

  • 200-11th

    From left: 200 11th Avenue, interior of a sample unit, L’Wren Scott and Mick Jagger

    The late fashion designer L’Wren Scott left her $8 million duplex condominium unit at Filiberto Properties’ 200 11th Avenue in Chelsea to longtime boyfriend and Rolling Stones frontman Mick Jagger. [more]

  • 222-224-w-21

    From left: Martin Nussbaum, 222-224 West 21st Street and Brock Emmetsberger

    Martin Nussbaum’s Slate Property Group picked up a pair of five-story rental properties in Chelsea for a combined $16.8 million, the developer told The Real Deal. [more]

  • Rentals-in-demand

    The west side of Manhattan – specifically Chelsea, the West Village and the Upper West Side – was the go-to spot for prospective renters searching for a one-bedroom apartment last week, according to Zumper, an apartment listings website. Chelsea was the most in-demand Manhattan neighborhood overall, followed by the West Village, Murray Hill, Central Harlem and Greenwich Village. The West Village was No. 1 the previous week.

    Demand was evenly divided among the apartment types, ranging from studios to three-bedrooms — signifying a rare surge in interest for the latter. [more]

  • Farley Post Office

    Farley Post Office

    Neighbors of the James A. Farley post office are furious with New York State’s primary public benefits corporation for offering up the building’s air rights.

    At a Wednesday Community Board 4 meeting, Chelsea and Hell’s Kitchen residents and business owners said they planned to “write a letter of outrage” to state officials for offering up the 1.5 million square feet of development rights at 421 Eighth Avenue. [more]

  • 333-seventh

    333 Seventh Avenue

    Fashion Institute of Technology grabbed 55,000 square feet at Samco Properties’ 333 Seventh Avenue in Chelsea, according to brokerage Cassidy Turley. [more]

  • From left: Rendering and current site of 124 West 16th Street

    From left: Rendering and current site of 124 West 16th Street

    Neighbors of a three-story Chelsea church are balking at the luxury condo topper developers have proposed. [more]

  • From left: exterior and interior renderings of 500 West 21st Street

    From left: exterior and interior renderings of 500 West 21st Street

    In an unusual move, development firm Sherwood Equities has built a stand-alone sales office on the block of the construction site of the firm’s West Chelsea condominium project. [more]

  • Streets in the Meatpacking District and Chelsea neighborhood

    Streets in the Meatpacking District and Chelsea neighborhood

    Taconic Investment Partners, which started local business organizations the Meatpacking District Improvement Association and the Chelsea Improvement Company, is leading a committee to push for a combined Business Improvement District linking the two nabes. [more]

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  • 124 West 16th Street, Chelsea

    124 West 16th Street and David Howell

    A six-story luxury condominium coming to Chelsea just got a little taller.

    A church next to a development site at 124 West 16th Street owned by Einhorn Development Group sold its remaining air rights for an undisclosed amount, allowing the developer to add five floors to the original design. [more]