Tesla expands at LIVWRK’s Red Hook building

Electric car maker signs for additional office space at 160 Van Brunt

TRD New York /
Feb.February 09, 2017 11:30 AM

Elon Musk’s Tesla Motors is growing its footprint at LIVWRK’s office conversion at 160 Van Brunt Street in Red Hook.

The company inked a deal for an additional 6,500 square feet above its existing Brooklyn showroom, according to a source close to the deal. The additional square footage will be used as office space.

About a year ago, Tesla signed a lease for a 40,000-square-foot showroom and service center on the ground floor of the property, marking its first entry into Brooklyn.

The converted building was formerly home to the Golten Marine Terminal. LIVWRK purchased it for $21.5 million in 2014. Asking rents at the property are in the mid-$40s per square foot, sources said.

A representative for LIVWRK declined to confirm the deal, and a spokesperson for Tesla did not immediately respond to a request for comment.

Tesla has been gobbling up space left and right as it expands its network of charging stations across the New York area. In September, it inked a lease with Romanoff Equities and Property Group Partners for 7,800 square feet at 860 Washington Street in the Meatpacking District.


Related Articles

arrow_forward_ios
The Martinique hotel (Wikipedia, Google Maps)

Operator of Martinique Hotel in Manhattan files for bankruptcy

Operator of Martinique Hotel in Manhattan files for bankruptcy
CEO Mark Tritton and 410 East 61st Street (Getty, Google Maps)

Bed Bath & Beyond will permanently close UES store

Bed Bath & Beyond will permanently close UES store
A rendering of 556 West 22nd Street (Photo by BASIS Independent Schools)

Private school to expand in former Chelsea Art Museum building

Private school to expand in former Chelsea Art Museum building
With about $23 billion of hotel-related CMBS loans in forbearance, more lenders are looking to offload those mortgages. (iStock)

Hotel industry is in trouble and more lenders want out

Hotel industry is in trouble and more lenders want out
Industry City CEO Andrew Kimball with Amazon CEO Jeff Bezos (Photos via Getty; iStock; Industry City)

Real estate hits bottom as Industry City abandons plan

Real estate hits bottom as Industry City abandons plan
Burlington CEO Michael Sullivan and 2163 Tilden Avenue (Burlington via Facebook; Google Maps)

Burlington Coat Factory inks big lease in Brooklyn

Burlington Coat Factory inks big lease in Brooklyn
Carmel Partners CEO Ron Zeff (JLL)

Carmel Partners sells Norwalk apartment complex valued at $157M

Carmel Partners sells Norwalk apartment complex valued at $157M
From left: 180 West 81st Street in Upper West Side, 15-30 130th Street in College Point; 5002 13th Avenue in Borough Park (Google Maps)

Manhattan sees first September i-sale with UWS mixed-use building

Manhattan sees first September i-sale with UWS mixed-use building
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...