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

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...

10/31/16
...Advanced Media employees who currently work out of Chelsea Market will make the move to the Twitter space. Meanwhile, the front offices are relocating...

10/20/16
...feet at 245 Park Avenue and 115,000 square feet at Chelsea Market. The league will replace the current ground floor studio used by SportsNet New York...

05/26/16
...Chelsea Market in the Meatpacking District Jamestown is planning to create 80,000 square feet of new retail...

05/20/16
...a major national real estate investor, which owns Chelsea Market, the Flachi Building, 1250 Broadway and a stake in Industry City, among other New York...

02/08/16
...and owns various New York assets including the Chelsea Market, the Falchi Building, 1250 Broadway and One Times Square, along with a stake in Industry...

01/20/16
...spot and four years later he debuted the Chelsea Market, a gourmet food and shopping hall. At the time, retail rents at the Chelsea...

12/16/15
...including more than 300,000 square feet at Jamestown’s Chelsea Market. RXR and Young Woo signed a 97-year ground lease with the Hudson River Park...

12/15/15
...duplexes and three penthouses. Speaking about the West Chelsea market late last year inside his High Line-adjacent development at 508 West 24th Street, Tamarkin said...

12/07/15
...is, however, still waiting for an expansion of Chelsea Market, though instead of the Gwathmey Siegel-designed residential portion, it now seems as though developer...

09/20/15
...Chelsea Market and the High Line are big draws to the chic neighborh From Luxury Listings...

08/04/15
...one of the largest owners in the West Chelsea market,” chair and CEO Steven Roth said on the real estate investment trust’s second...

06/26/15
...hotel at Industry City. Jamestown, the owner of Chelsea Market, purchased a 60 percent stake in Industry City in 2013.  -- Tess Hofmann...

05/26/15
...the northeastern end of the neighborhood across from Chelsea Market, the project is moving forward at time of flux for the Meatpacking District. After...

05/12/15
...expansion, having taken additional space at Jamestown Properties' Chelsea Market and signed on for 180,000 square feet at a former Nabisco factory in Chelsea last...

04/28/15
New York City brokers’ confidence remained high but fell slightly in the first quarter of 2015, driven by the potential impact of rising interest rates...

04/25/15
...York, NY · The High Line, New York, NY 10011 · Chelsea Market, 9th Avenue, New York, NY · Ground Zero Museum Workshop, West 14th Street, New York...

03/02/15
...through a glass window. Jamestown, who also owns Chelsea Market, bought the property for $80 million in 2012. "Stolle opening their first American outpost at Falchi...

01/23/15
...plan to put a hotel on top of Chelsea Market, the developer now intends to create a 330,000-square-foot addition consisting of office space. Right...

01/12/15
Bed Bath & Beyond inked a lease for more than 100,000 square feet at Liberty View Industrial Plaza in Sunset Park, making the deal the...

11/18/14
...at its digital media offices at Jamestown Properties’ Chelsea Market -- bringing its total space there to 150,000 square feet. The company’s lease at...

10/27/14
...Posman also occupies space at 75 Ninth Avenue in Chelsea Market and 30 Rockefeller Plaza. In March, Brookfield Property Partners signed Posman to a 2,000-square-foot lease...

10/13/14
...on the Upper East Side 1. YouTube’s 20,000-square-foot Chelsea Market studio space opening next month 2. Broadway producer Howard Kagan’s former 975 Park penthouse re-listed...

10/03/14
...mall with small retailers in the style of Chelsea Market, the Brooklyn Paper reported. The complex would also include a 10-story hotel with 150 rooms...

09/16/14
...th Street. The property is right across from Chelsea Market. Under the agreement, Morgans would operate its first Meatpacking District hotel as the flagship...
  • 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
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
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
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
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
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
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
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...

...has come back the strongest has been the Chelsea market, where you've got a lot of these buildings with very large floorplates, like 111 Eighth...
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