Chelsea | The Real Deal New York

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Chelsea

Chelsea
New York, NY 10011

Chelsea is a neighborhood on the west side of Manhattan, bounded by 14th Street, 30th Street, the Avenue of the Americas (Sixth Avenue), and the Hudson River and West Street. The neighborhood was known for its gay and lesbian residents and art galleries, but this characteristic has given way to high-end condominiums populated by transplanted urban professionals as rents and land prices have risen across New York City. JDS Development converted The Walker Tower, an old Verizon building at 210 West 18th Street into upscale condominiums. In 2010, internet search giant Google acquired a warehouse-to-tech office conversion at 111 Eighth Avenue that was at one time owned by The Port Authority of New York and New Jersey. The rent-stabilized residents of The Chelsea Hotel on 23rd Street have so far resisted the efforts of a series of developers hoping to conduct a condo-conversion at the cultural landmark. -TA

  • Address Chelsea
  • neighborhood Chelsea
  • borough Manhattan

04/27/17
...Clockwise from left: Aloft Downtown, Courtyard by Marriott Chelsea and Hilton Garden Inn Central Park South The coldest winter Manhattan's hotel market ever...

04/26/17
...Real Estate are looking to sell three interconnected Chelsea office buildings, sources told The Real Deal. The firms have owned the buildings at...

04/25/17
...AJ Property Management over its purchase of a Chelsea building last year, claiming the seller lied about the ability to terminate existing leases...

04/24/17
...owns the home of Barneys New York in Chelsea, is planning to launch a private U.S. subsidiary to invest in New York...

04/20/17
...quarter of this year. Six townhouses sold in Chelsea, with a total sales volume of almost $41.4 million -- down 47 percent on from the...

04/18/17
...New York Realty’s Terminal Stores complex in Chelsea by nearly 12,000 square feet. The ride-share company signed up for 52,350 square feet at the...

04/17/17
...Jeff Levine and Douglaston Development's West Chelsea sites Douglaston Development is looking to buy more than 150,000 square feet of air rights...

04/14/17
...Construction at the Hotel Chelsea has resumed even though health inspectors found high levels of lead in dust at...

04/13/17
...that claims to have built 75 percent of the Chelsea High Line, according to a report in the New York World. In connection with...

04/12/17
Stonehenge Partners secured $92 million in financing for its building at 555 Sixth Avenue. TD Bank is the lender, the Commercial Observer reported, citing records...

04/11/17
...many details about their luxury condo project in Chelsea, but the developers haven't shied away from sharing renderings of the Getty's exterior. First...

04/08/17
...s only fitting that the story of 520 West Chelsea starts with Gwyneth Paltrow. Three years ago, Keith Jacobson, the building’s co-developer, was...

04/06/17
...is planning to build a hotel on a Chelsea site after a $60 million deal to sell it to Sharif El-Gamal fell through, sources...

04/04/17
...The Real Deal is heading back to Chelsea for our 10th annual New York City Real Estate Showcase and Forum! On May...

04/03/17
...company Nautica, sold a six-story mixed-use building in Chelsea for $14.1 million to David Brand of Great Neck. Chu bought the 24-unit building at...

04/03/17
...Spacious has another location at La Sirena in Chelsea, the eatery owned by celebrity chef Mario Batali. “You walk out of here and...

03/30/17
UPDATED, 7:05 p.m., March 30: Normandy Real Estate Partners is set to close Friday on the $100 million purchase of a majority stake in 175...

03/27/17
...cashed out in an $80 million, 14-building sale in Chelsea to Black Spruce Management. Silvershore, founded in 2008, has been doing more selling than buying...

03/24/17
...The Real Deal is heading back to Chelsea for our 10th annual New York City Real Estate Showcase and Forum! On May...

03/21/17
...was eyeing an investment in English soccer club Chelsea F.C. But despite these headline-grabbers, Chen, a 60-something Buddhist whose headquarters is shaped...

03/16/17
...year rents, SoHo saw the biggest increase, and Chelsea the biggest decrease. Read the full report here. Manhattan luxury sales | Olshan Realty Of...

03/13/17
...to take space at two WeWork locations in Chelsea and the Financial District for its Office 365 sales team. And the shared-office provider’s...

03/13/17
...Meanwhile, BD Hotels and Sean MacPherson purchased Hotel Chelsea for $250 million last year and are planning to add condos. (To see a selection...

03/10/17
The delinquency rate for New York City’s CMBS market fell in February, while market-wide the delinquency rate continued to rise in the fallout from the...

03/10/17
...in March 2016. Benchmark also sold a pair of Chelsea building for $27 million in November 2015. The firm started marketing a Brooklyn Heights rental building...

07/11/16
...of the Robert Fulton public housing complex in Chelsea. The mixed-income rental project was first planned 12 years ago under the Bloomberg administration, but...

...least six addresses across Manhattan’s Financial District, Chelsea and Hudson Yards neighborhoods that are currently receiving the 421a benefit and four buildings...

...commercial development project at 540 West 26th Street in Chelsea. While more deals do equal more financings, there may be a silver lining for...

01/08/16
...office and retail building at 76 11th Avenue in Chelsea, where it will also submit plans for 300 condo units in a separate tower. Woods...

Joseph Chetrit and 257 West 34th Street
01/04/16
...Village, Joseph Chetrit and 257 West 34th Street in Chelsea 1.) Joseph Chetrit’s Chetrit Group and Shifra Hager’s Cornell Realty Management purchased one...

...on an area along the Hudson River in Chelsea. In 1993, developer Irwin Cohen paid $9 a square foot for a rundown complex on that...

12/28/15
...steel, the developers of 475 West 18th Street in Chelsea haven’t heard about it. The Chelsea residential condo building will be constructed entirely...

...-building, 979-unit Manhattan package, which is scattered through Chelsea and the Upper East Side. “When it came to pulling the trigger, they couldn...

10/22/15
...for 66,000 square feet at 142 West 24th Street in Chelsea, one of the properties in the 14-building Ring portfolio that it purchased in 2014.  Barnett's...

10/14/15
...listings on Airbnb for that area. In Midtown, Chelsea and the Meatpacking District, of 2,787 listings total, between 265 to 503, or 10 to 18 percent, are commercial...

...office space (with an option for expansion) in Chelsea. The San Francisco-based company, which has raised $8.2 billion since 2013, pays a mere $36 per square...

...Manhattan are seeing an influx of new condos. Chelsea and Midtown West are each expected to see roughly 2,500 new condos hit the market...

...th and 19th floors of Walker Tower in Chelsea that were together asking $60 million. The units are owned by developers Elliott Joseph and...

...Whittle, who founded the Avenues private schools in Chelsea. The listing came on the market in November with Peter Turino, the president of...

...more on the way, including 23,000 square feet in Chelsea that it leased last month. While most of its spaces are in Midtown or...

...and Property Markets Group’s Walker Tower in Chelsea. The company has 2,121 units across 35 projects. Standing out from the pack “I’d say...

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...

...a block away from the High Line in Chelsea: The Norman Foster-designed 551 West 21st Street. Sales at the project, which is being developed...

...by the residential towers of Battery Park City. Chelsea/High Line 542 West 21st Street Developer: Casco Development Price per square foot for site...

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

...for 60,919 square feet at 249 West 17th Street in Chelsea. The deal was signed in October, and Room & Board will open in the...

...Broadway. Meanwhile, 45 percent of the space leased in Chelsea was taken by tech firms this year. In Midtown South overall, 38 percent of the...

...among the most heated of these areas are Chelsea, Tribeca and the Upper East and Upper West Sides. Indeed, all of Manhattan’s...

...some rentals that it built, such as the Chelsea Landmark on West 25th Street and Sixth Avenue. Still, less than 20 percent of its...

...available for-sale units in 2012 (see "Midtown West, Tribeca, Chelsea rank as Manhattan 'hoods with steepest inventory plunge"). “The Lower East Side and East...
To see all, go to Advanced Search

FirstResidential
...buildings across the city can be found in Chelsea, Downtown or on the Upper West Side. View the full report online here. Luxury...

...Rents in Midtown, Chelsea and Hell’s Kitchen would drop by around $39 to $67 a month if Airbnb rentals...

...million. The priciest contract signed was for a Chelsea penthouse at the Walker Tower Condominium, listed for $50.9 million. The sale was also one...

...Manhattan, new development sales were most active in Chelsea, while  Boreum Hill and Cobble Hill led new development sales in Brooklyn during the...
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