Sales | The Real Deal New York

The Real Deal New York

Deal sheet    Single Deal
Sales
  • Event Sales
  • Address 75 Ninth Avenue
  • Square feet 1,180,000
  • Price $ 225,000,000
  • Price per foot $ 190.68
  • Borough Manhattan
  • Neighborhood Chelsea
  • Publication Date 10/01/2011
  • Deal Date 08/22/2011
  • Party 1 Angelo Gordon & Co., Belvedere Capital Real Estate Partners, Irwin Cohen
  • Party 2 Jamestown Properties
notes
Jamestown Properties' buyout of its partners at the Chelsea Market building was completed for $225 million. Jamestown now owns the entire building, valued at $795 million. The buyer plans to add a 300,000-square-foot tower to the building, to be used for office space and a hotel.