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

02/15/19
...billion in cash last year to acquire the Chelsea Market building in Manhattan, is also planning to invest $1 billion in a new campus in...

02/13/19
...it follows its more $2.4 billion purchase of the Chelsea Market building in the city last year.) In California, Pichai wrote that the technology company...

02/11/19
...firm Jamestown in its $2.4 billion sale of the Chelsea Market building to Google (TRD broke the news of the sale last February). Harmon said...

02/06/19
...Chelsea Market at 75 9th Avenue and 101 West End Avenue (Credit: Kimpton Hotels and Elegran) The investment...

...firm Jamestown in its $2.4 billion sale of the Chelsea Market building to Google (TRD broke the news of the sale last February). Harmon said...

01/13/19
...last year with its $2.4 billion acquisition of the Chelsea Market in New York City. One Westside The shuttered Westside Pavilion mall will soon be...

01/08/19
...GM Building in 2008, the $2.4 billion buy of the Chelsea Market building and the $2.21 billion deal for 245 Park Avenue in 2017. WarnerMedia purchased its office space...

01/02/19
...followed by our big scoop on Google buying Chelsea Market for more than $2 billion, the most expensive building purchase of the year and the...

...followed by our big scoop on Google buying Chelsea Market for more than $2 billion, the most expensive building purchase of the year and the...

12/31/18
...and the Meatpacking District — moved to buy the Chelsea Market building from Jamestown for a whopping $2.4 billion. Not only was it the priciest single-building...

12/21/18
...firms, just the way it did to the Chelsea Market area over the last dozen years or so,” he said. (Earlier this year, Google...

12/21/18
...said in a blog post. Google bought the Chelsea Market building for $2.4 billion in early 2018. Documents show offers Chicago made in effort to land...

12/19/18
...addition to the company's $2.4 billion purchase of the Chelsea Market building at 75 Ninth Avenue earlier this year. -- David Jeans...

12/17/18
...From left: Chelsea Market at 75 Ninth Avenue, Terminal Stores at 271 11th Avenue, 701 Seventh Avenue, and 425 Lexington Avenue (Credit...

12/17/18
...year, the company paid $2.4 billion to buy the Chelsea Market building at 75 Ninth Avenue. – Rich Bockmann...

12/12/18
...number of recent office plays. Google purchased the Chelsea Market building for $2.4 billion earlier this year, and L&L Holding Company and Normandy...

12/06/18
...want to create a retail corridor similar to Chelsea Market and convert 500,000 square feet of storage space into office space. COOKFOX will design the...

11/30/18
...legal issues. Earlier this year, Google bought the Chelsea Market building in Manhattan for $2.4 billion. The internet search giant’s latest purchase comes not...

11/27/18
...Google closed on its $2.4 billion purchase of the Chelsea Market building in New York City. The company is also trying to buy property in...

11/27/18
...After adding a 100,000-square-foot glass penthouse and a "Chelsea Market...

11/07/18
...Google is planning to tack 300,000 square feet onto Chelsea Market, which it bought for roughly $2.4 billion earlier this year. The company is already the...

10/30/18
...a year after the tech giant bought the Chelsea Market building, Google's parent company is eyeing space at St. John's Terminal. Alphabet is considering...

10/24/18
...a spokesperson, are also planning to create a Chelsea Market...

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...
  • 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 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 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 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...