Chelsea Market | The Real Deal New York

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Chelsea Market

75 Ninth Avenue
New York, NY 10011
Website
Office, Retail, Leasing/Rental

75 Ninth Avenue is an eight-storey mixed use office and commercial building also known as The Chelsea Market. The building, in Manhattan's trendy Chelsea neighborhood has 62 units over a gross floor area of just over 1.1 million square feet. The 1934-vintage warehouse-style building is owned by German-backed Jamestown Properties, a national investment and management company that controls several high-profile assets in New York City, with an affiliated company based in Cologne, Germany. Jamestowns New York office is at the Chelsea Market.

The address fills an entire city block bounded by Ninth and Tenth Avenues and 15th and 16th Streets. The building offers retail space as well as office space for tenants, including media and broadcasting companies such as Oxygen Network, Food Network, MLB.com, EMI Music Publishing and the local New York City cable station NY1.

Google occupies some of the second, third, and fourth floors along with its subsidiary YouTube on the fifth.

In 2014 Jamestown found success in allowing tenants to try out properties before signing on long-term. In one 2014 deal, the landlord allowed tenant Artists & Fleas to occupy the space for a short period of time before leasing 4,068 square feet to the firm, the Wall Street Journal reported.

  • Address 75 Ninth Avenue
  • neighborhood Chelsea
  • borough Manhattan
  • owner Jamestown Properties
  • owner entity JAMESTOWN PREMIER CHE
  • sales/marketing Jamestown, Jamestown, Shannon Hansen
  • floors 8
  • Year Built 1934
  • commercial units 62
  • total units 62
  • square feet 1,100,000
  • block and lot 1-00713-0001
  • BIN 1012541

10/15/18
...represented Google in its $2.4 billion purchase of the Chelsea Market building this year. But Fried Frank’s Robert Sorin, who handled that deal, said...

10/15/18
...this year that Jamestown Properties was selling the Chelsea Market building to Google for $2.4 billion, the story went viral. But behind the scenes, it...

10/01/18
...Port Authority building for $1.9 billion in 2010 and the Chelsea Market building for $2.4 billion this year. And now, Brodsky’s capitalizing on the growth that...

...this year that Jamestown Properties was selling the Chelsea Market building to Google for $2.4 billion, the story went viral. But behind the scenes, it...

...represented Google in its $2.4 billion purchase of the Chelsea Market building this year. But Fried Frank’s Robert Sorin, who handled that deal, said...

09/19/18
...this year, Google's parent company Alphabet bought the Chelsea Market building for $2.4 billion. The Real Deal reported the transaction, the second biggest in city...

09/12/18
...Building and Google's recent $2.4 billion purchase of the Chelsea Market building. Both the 2010 stake sale to CIM and the 2015 sale provided Sapir with a...

08/22/18
...Terminal Stores or Google’s $2.4 billion purchase of Chelsea Market will become the neighborhood’s new normal.  – Eddie Small...

08/15/18
...least 1.5 million square feet in four Manhattan buildings: Chelsea Market and 111 Eighth Avenue, which the tech giant owns, as well as 85 10th Avenue and...

08/03/18
...in March with its $2.4 billion purchase of the Chelsea Market building, the city’s second priciest sale of a single building ever. This week...

08/01/18
...deals like Google’s $2.4 billion purchase of the Chelsea Market building nearby at 75 Ninth Avenue have boosted investor sentiment in the area. In July...

...least 1.5 million square feet in four Manhattan buildings: Chelsea Market and 111 Eighth Avenue, which the tech giant owns, as well as 85 10th Avenue and...

07/29/18
...deal comes after Google's $2.4 billion all-cash purchase of Chelsea market earlier this year. The Real Deal reported last year that L&L was...

07/25/18
...square foot in the neighborhood after Alphabet's record-setting Chelsea Market deal earlier this year. The boxy 165,000-square-foot office and retail building at 540 West 26th...

07/20/18
...deals being done, including Google’s acquisition of Chelsea Market for $2.4 billion last year. —David Jeans...

07/16/18
...Sundar Pichai and Michael Phillips with Chelsea Market at 75 9th Avenue (Credit: Twitter and Google Maps) Manhattan investment sales saw a sharp...

07/06/18
...deals, including Google’s $2.4 billion purchase of the Chelsea Market building  and Maefield Development’s $1.53 billion buyout of its partners at 701 Seventh Avenue. Silverstein...

07/02/18
...of 2018, including Jamestown’s $2.4 billion sale of the Chelsea Market building to Google, according to an analysis of property records and news reports. Sources...

...of 2018, including Jamestown’s $2.4 billion sale of the Chelsea Market building to Google, according to an analysis of property records and news reports. Sources...

06/20/18
...McCartney and Alexander McQueen. With such stores, plus Chelsea Market, the Standard and the iconic Parisian bistro Pastis, the area started to become known...

06/12/18
...far – behind Google’s $2.4 billion purchase of the Chelsea Market building and Maefield Development’s $1.53 billion buyout of its partners at 20 Times Square. A...

...McCartney and Alexander McQueen. With such stores, plus Chelsea Market, the Standard and the iconic Parisian bistro Pastis, the area started to become known...

06/01/18
...Chelsea Market at 75 9th Ave and 1515 Broadway (Credit: Wikipedia) Commercial property deals in the U.S...

...food halls and venues like New York’s Chelsea Market and Los Angeles’ Fig at 7th or Spring Arcade have become de rigueur in...

05/21/18
...trades to date: the $2.4 billion sale of the Chelsea Market building to Google. The Real Deal first reported the news of the deal in...
  • Event Retail Leasing
  • Address 75 Ninth Avenue
  • Neighborhood West Chelsea
  • Borough Manhattan
  • Square feet 247
  • Publication Date 11/01/2015
  • Event Date 09/22/2015
  • Party 1 Jamestown
  • Party 2 Cappone's Salumeria
  • Party 2 Brokerage Winick Realty Group
  • Party 2 Broker Cary Fabrikant
notes
The retailer signed a lease at the Chelsea Market.
  • Event Retail Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 551
  • Publication Date 05/01/2013
  • Event Date 03/22/2013
  • Party 1 Jamestown
  • Party 1 Brokerage In-house
  • Party 2 Num Pang
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Jay Gilbert
notes
The Cambodian sandwich shop signed a lease for another location.
  • Event Office Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 83,523
notes
The online search giant signed a sublease for 58,523 square feet on the fifth floor and took 25,000 square feet on the sixth and seventh floors in a direct lease with the landlord, Jamestown.
  • Event Sales
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 1,180,000
  • Price $ 225,000,000
  • Price per foot $ 190.68
  • Publication Date 10/01/2011
  • Event 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.
  • Event Financing
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 1,180,000
  • Publication Date 10/01/2011
  • Event Date 08/22/2011
  • Party 1 Jamestown
  • Party 1 Brokerage CBRE
  • Party 1 Broker Jeff Ackemann, Will Yowell, Justin Parsonnet, Jay O'Meara, Steve O'Brien
  • Party 2 Landesbank Baden-Wurttemberg
notes
A $380 million loan was arranged for the recapitalization of the mixed-use, retail and office building. mixed-use building.
  • Event Office Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 154,489
  • Publication Date 06/01/2011
  • Event Date 04/22/2011
  • Party 1 Jamestown
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker David Falk
  • Party 2 Scripps Networks
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Sam Clark
notes
The media company signed a 10-year lease renewal and expansion.
  • Event Office Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 16,000
  • Price per foot $ 55.00
  • Publication Date 05/01/2010
  • Event Date 03/22/2010
  • Party 1 Jamestown, Angelo Gordon, Belvedere Capital, ATC Management
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker David Falk, Nick Berger
  • Party 2 Yext
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Neil Goldmacher, John Moran
notes
The local business search engine firm signed a three-year lease on the seventh and eighth floors.
  • Event Retail Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 16,163
notes
The fashion and home décor retailer inked a lease for ground- and lower-level selling space. The reported asking rent for the 8,500 square feet on the ground floor was $225 per square foot, while the 7,663 square feet of lower-level space had an asking rent of $25 per square foot.
  • Event Office Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 120,000
  • Publication Date 11/01/2009
  • Event Date 09/22/2009
  • Party 2 MLB Advanced Media
notes
The Major League Baseball media company signed a 10-year lease renewal.
  • Event Office Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 10,743
  • Publication Date 08/01/2009
  • Event Date 06/22/2009
  • Party 1 Jamestown
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 2 Mr. Youth
  • Party 2 Brokerage Savills Studley
  • Party 2 Broker Nicholas Farmakis
notes
The marketing agency signed a lease.
  • Event Retail Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 1,500
  • Publication Date 06/01/2009
  • Event Date 04/22/2009
  • Party 1 Brokerage RKF
  • Party 1 Broker Karen Bellantoni
  • Party 2 Dickson's Farmstand Meats
  • Party 2 Brokerage RKF
  • Party 2 Broker Karen Bellantoni
notes
The butcher signed a 15-year lease for retail space. The reported asking rent was $77 per square foot.
  • Event Sales
  • Address 450 West 16th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 286,000
  • Price $ 161,000,000
  • Price per foot $ 562.94
notes
The property sold for $161 million. The building is home to Milk Studios.
  • Event Office Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 130,000
  • Publication Date 10/01/2007
  • Event Date 08/22/2007
  • Party 2 Google
notes
The search engine giant signed a lease in a building directly across the street from its existing offices at 76 Ninth Avenue.
  • Event Retail Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 2,000
  • Publication Date 01/01/2007
  • Event Date 11/22/2006
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker David Falk, Kyle Ciminelli
  • Party 2 T Salon
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker David Falk, Kyle Ciminelli
notes
The tea shop took space for a store.
  • Event Office Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 12,514
  • Publication Date 01/01/2007
  • Event Date 11/22/2006
  • Party 2 Major League Baseball Advanced Media
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker David Falk, Nick Berger
notes
The tenant inked a sublease for expansion space in the building.
  • Event Office Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 44,000
  • Publication Date 01/01/2007
  • Event Date 11/22/2006
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker David Falk
  • Party 2 Major League Baseball Productions
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker David Falk
notes
The tenant inked a lease extension.
  • Event Office Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 65,493
  • Publication Date 12/01/2006
  • Event Date 10/22/2006
  • Party 1 Jamestown, AG Real Estate Fund, Belvedere Capital
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker David Falk, Nick Berger
  • Party 2 EMI Music Publishing
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Gus Field, Curtis Brown
notes
The world's largest music publisher signed a 10-year lease for a portion of the fourth floor in the eight-story, 1-million-square-foot office building. The tenant is consolidating operations from 810 Seventh Avenue and 1290 Sixth Avenue.
  • Event Office Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 31,000
  • Publication Date 09/01/2005
  • Event Date 07/23/2005
  • Party 1 Jamestown
  • Party 2 MLB Advanced Media
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker David Falk
notes
Operator of www.MLB.com expands to 75,000 sf
  • Event Retail Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 4,575
  • Publication Date 03/01/2005
  • Event Date 01/20/2005
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker Gregg Gropper
  • Party 2 Café 202
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Jeffrey Roseman
notes
Restaurant combined with shop; concept popular in London
  • Event Office Leasing
  • Building Name Chelsea Market
  • Address 75 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 20,000
notes
British music management co. (reps Beyonce) moving from 369 Lex

12/09/16
...big driver in transforming places into destinations, and Chelsea Market is cited as a prime example in the role retail plays in “placemaking." Read...

...spot and four years later he debuted the Chelsea Market, a gourmet food and shopping hall. At the time, retail rents at the Chelsea...

Midtown Manhattan
...represented Google in its two expansions at the Chelsea Market. The cutting-edge tenants who sign in the area “don’t want to walk into...

...square feet to its space at Jamestown Properties’ Chelsea Market for rents in the mid-$60s per square foot. The average asking rent in...

...a city council subcommittee. Indeed, Jamestown, which owns Chelsea Market at 75 Ninth Avenue, won approval from the council’s zoning and franchises subcommittee to...