111 Eighth Avenue is an Art Deco building in the Chelsea neighborhood of Manhattan. The 2.9 million-square-foot building occupies a full city block bounded by Eighth and Ninth Avenues and 15th and 16th Streets. Architecture firm Lusby Simpson of Abbott, Merkt & Co. designed the building for the Port Authority of New York and New Jersey, which completed it in 1932. 111 Eighth Avenue initially operated as a freight and storage hub. When railroad operations dwindled in Manhattan at the turn of the century, it became the headquarters of the Port Authority until the government agency moved to the first World Trade Center complex in 1970. Taconic Investment Partners acquired it in 1998 as part of a portfolio of assets that also included 95 and 99 Wall Street and 100 William Street. At the time, warehouse tenants occupied much of the property and Midtown South was not considered a white-collar business district. The buildings printing and warehouse tenants moved out and Taconic repositioned it as office space geared to media and technology companies. In 2010, Google, one of the buildings tenants, acquired 111 Eighth Avenue for $1.77 billion from Taconic. The real estate investment firm continued to manage the property on Googles behalf, as of September 2015. -GB & TA
- Address 111 Eighth Avenue
- neighborhood Chelsea
- borough Manhattan
- owner Google
- owner entity ALPHABET INC.
- floors 17
- Year Built 1931
- square feet 2,161,994
- block and lot 1-00739-0001
- BIN 1013043
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- Event Sales
- Address 103 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 2,796,543
- Price $ 1,800,000,000
- Publication Date 03/01/2017
- Event Date 01/15/2017
- Party 1 Google
- Party 2 Alphabet
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 98,913
- Publication Date 11/01/2013
- Event Date 09/22/2013
- Party 1 Google
- Party 1 Brokerage Taconic Investment Partners, CBRE
- Party 1 Broker Matthew Weir, Ken Rapp, David Hollander
- Party 2 Beth Israel Medical Center
- Party 2 Brokerage JLL
- Party 2 Broker Rob Martin, Barbara Winter
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 134,830
- Publication Date 06/01/2013
- Event Date 04/22/2013
- Party 1 Google
- Party 1 Brokerage CBRE
- Party 2 Deutsch
- Party 2 Brokerage Newmark Grubb Knight Frank
- Party 2 Broker Robert Silver, Henry Kobrin
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 100,000
- Publication Date 08/01/2012
- Event Date 06/22/2012
- Party 1 Google
- Party 2 Deutsch
- Event Sales
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 2,900,000
- Price $ 1,770,000,000
- Price per foot $ 610.34
- Publication Date 02/01/2011
- Event Date 12/23/2010
- Party 1 Taconic Investment Partners, Jamestown, New York State Common Retirement Fund
- Party 1 Brokerage Eastdil Secured
- Party 1 Broker Doug Harmon
- Party 2 Google
- Party 2 Brokerage CBRE
- Party 2 Broker Stuart Siegel, William Shanahan, Darcy Stacom
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 57,000
- Publication Date 03/01/2010
- Event Date 01/20/2010
- Party 1 Taconic Investment Partners
- Party 2 Google
- Party 2 Brokerage CBRE
- Party 2 Broker David Hollander, Stephen Siegel, Ken Rapp
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 71,000
- Publication Date 01/01/2009
- Event Date 11/22/2008
- Party 1 Taconic Investment Partners
- Party 1 Brokerage CBRE
- Party 1 Broker Brian Gell
- Party 2 Lifetime Networks
- Party 2 Brokerage CBRE
- Party 2 Broker Scott Gottlieb, Michael Laginestra, Joan Meixner
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 25,000
- Publication Date 01/01/2006
- Event Date 11/22/2005
- Party 1 Taconic Investment Partners
- Party 1 Brokerage Taconic Investment Partners, CBRE
- Party 1 Broker G. Koop, Brian Gell, Susan MacWilliams
- Party 2 Atlantic Theater Company
- Party 2 Brokerage Denham Wolf Real Estate Services
- Party 2 Broker Paul Wolf
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 311,000
- Publication Date 12/01/2005
- Event Date 10/22/2005
- Party 1 Taconic Investment Partners
- Party 1 Brokerage CBRE
- Party 1 Broker Brian Gell
- Party 2 Google
- Party 2 Brokerage GVA Williams Real Estate
- Party 2 Broker Robert Tunis
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 76,912
- Publication Date 04/01/2005
- Event Date 02/20/2005
- Party 1 Sprint eSolutions
- Party 1 Brokerage Grubb & Ellis
- Party 1 Broker Grufferman, Gottlieb, Wechsler
- Party 2 Internap Network Services Corporation
- Party 2 Brokerage Grubb & Ellis
- Party 2 Broker Grufferman, Gottlieb, Wechsler
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 50,000
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 90,000
- Publication Date 12/01/2004
- Event Date 10/22/2004
- Party 1 Taconic Investment Partners, Jamestown, NY Common Retirement System
- Party 1 Brokerage CBRE
- Party 1 Broker Brian Gell, Susan MacWilliams
- Party 2 WebMD
- Party 2 Brokerage GVA Williams Real Estate, Ackerman & Company
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 83,000
- Publication Date 11/01/2004
- Event Date 09/22/2004
- Party 1 Taconic Investment Partners, Jamestown, NY Common Retirement System
- Party 1 Brokerage CBRE
- Party 1 Broker Brian Gell, Susan MacWilliams
- Party 2 Nike USA
- Party 2 Brokerage Byrnam Wood
- Party 2 Broker Joseph Thanhauser, Gordon Ogden
- Event Office Leasing
- Address 76 Ninth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 10,000
- Publication Date 11/01/2004
- Event Date 09/22/2004
- Party 2 PHI
- Party 2 Brokerage Newmark Grubb Knight Frank
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 56,000
- Publication Date 08/01/2004
- Event Date 06/22/2004
- Party 1 Bank of New York Mellon
- Party 1 Brokerage CBRE
- Party 2 Knoll Furniture
- Party 2 Brokerage Cushman & Wakefield, Carter & Associates
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 40,000
- Publication Date 06/01/2004
- Event Date 04/22/2004
- Party 1 Taconic Investment Partners, Jamestown, NY Common Retirement System
- Party 1 Brokerage Taconic Investment Partners, CBRE
- Party 1 Broker Brian Gell, Susan MacWilliams
- Party 2 A, X Armani Exchange
- Party 2 Brokerage Cushman & Wakefield
- Party 2 Broker Alan Napack
- Event Office Leasing
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 40,000
- Publication Date 05/01/2004
- Event Date 03/22/2004
- Party 1 Brokerage CBRE
- Party 1 Broker Brian Gell
- Party 2 Armani Exchange
- Party 2 Brokerage Cushman & Wakefield
- Party 2 Broker Alan Napack, Danielle Zimbaro
- Event Sales
- Address 111 Eighth Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 2,900,000
- Price $ 775,000,000
- Price per foot $ 267.24
- Publication Date 02/01/2004
- Event Date 12/23/2003
- Party 1 Taconic Investment Partners, NYS Retirement Systems
- Party 2 Jamestown