The Real Deal New York

It’s electric: Tesla again in talks for 860 Washington showroom

Car company was previously outbid by Starbucks, who later opted out
May 25, 2016 09:01AM

Rendering of 860 Washington Avenue (inset: Elon Musk)

Rendering of 860 Washington Street in the Meatpacking District (inset: Elon Musk)

Elon Musk’s Tesla Motors is again looking to plug itself into 860 Washington in the Meatpacking District.

The electric car manufacturer is again negotiating to take a 11,000-square-foot, ground-floor retail space at Romanoff Equities and Property Group Partners’ 860 Washington Street, the New York Post reported.

Tesla had reportedly been the lead contender for the space late last year. But coffee giant Starbucks muscled in, with a plan to lease both the space Tesla was looking at and the floor above it. Starbucks eventually settled on a 20,000-square-foot space at the planned Vornado Realty Trust and Aurora Capital Associates’ 61 Ninth Avenue.

Asking rent for the ground floor space was $600 per square foot as of November. Tesla was planning to use it as both a showroom and a service center. [NYP]Ariel Stulberg