Tesla expands at LIVWRK’s Red Hook building

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

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
Alphabet CEO Sundar Pichai and Twitter CEO Jack Dorsey (Getty)
Twitter, Google latest big companies to delay office returns
Twitter, Google latest big companies to delay office returns
Durst Organization CEO Douglas Durst (Getty)
Durst to fire unvaccinated corporate employees Sept. 6
Durst to fire unvaccinated corporate employees Sept. 6
Converting offices to lab spaces comes with challenges, as some spaces need specific ventilation and upgraded electrical facilities (Getty)
Conversions from offices to life science labs booming
Conversions from offices to life science labs booming
132 West 14th Street and KPG’s co-founders Rod Kritsberg and Gregory Kraut (Avison Young, KPG)
KPG signs long-term ground lease for 57K sf at 132 West 14th Street
KPG signs long-term ground lease for 57K sf at 132 West 14th Street
Paramount Group lost $16 million last quarter
Paramount Group posts $16M quarterly loss
Paramount Group posts $16M quarterly loss
Commercial property sales outpace pre-pandemic figures in Q2
Commercial property sales outpace pre-pandemic figures in Q2
Commercial property sales outpace pre-pandemic figures in Q2
David Grutman and Pharrell’s Goodtime Hotel had received nearly 30 noise violations (Carma Connected, Getty)
Too much of a good time? David Grutman and Pharrell’s Goodtime Hotel could lose entertainment permit
Too much of a good time? David Grutman and Pharrell’s Goodtime Hotel could lose entertainment permit
The Delta variant and the CDC’s recent mask reversal is adding a new element of intrigue to return-to-work policies. (iStock)
Covid surge, CDC reversal upends back-to-office plans
Covid surge, CDC reversal upends back-to-office plans
arrow_forward_ios

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

Loading...