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

05/26/17
From LLNYC: Adam Pally, an actor who is perhaps best known for the shows “The Mindy Project” and “Happy Endings,” has just laid out $3.2 million for an...

05/26/17
Normandy Real Estate Partners picked up a stake in a Long Island City warehouse it is planning to reposition and expand into a 195,000-square-foot office...

05/22/17
...sources added. Rumble already has a location in Chelsea and is planning to open another in Noho this summer. Inside a Rumble Boxing...

05/19/17
...A cluster of dilapidated city-owned buildings in Chelsea — some vacant since Abe Beame was mayor — may finally be getting a makeover. The...

05/18/17
...allegedly trying to force her out of his Chelsea pied-a-terre after she stopped sleeping with him. (To view more new development in Long...

05/18/17
...megamortgage - $187.5 million The affordable housing complex in Chelsea known as Penn South received a $187.5 million loan from Wells Fargo. Mutual Redevelopment Houses...

05/17/17
...declined to comment. Office asking rents in the Chelsea submarket average $73.63 per square foot, according to a first-quarter Newmark Grubb Knight Frank report...

05/17/17
...From left: Jeff Blau, Steve Ross and the Chelsea High Line (Credit: Friends of the High Line) After getting the nod from City...

05/15/17
...starts at noon at the Metropolitan Pavilion in Chelsea, don’t fret — we’ll be posting live updates on our social sites throughout...

05/12/17
A $173 per-square-foot concession, a 6-year prison sentence for a Department of Buildings bribe and a $1.25 billion construction loan. In real estate, it’s all about...

05/12/17
...off at noon at the Metropolitan Pavilion in Chelsea. To catch the conversation, as well as three information-packed panels and a sneak peek...

05/11/17
Related Companies, which is developing what’s slated to be New York’s most expensive office building at 50 Hudson Yards, is in advanced talks to secure...

05/11/17
...off at noon at the Metropolitan Pavilion in Chelsea. To catch the conversation, as well as three information-packed panels and a sneak peek...

05/11/17
...favorites: 1. HFZ closes on $1.25B construction loan for Chelsea megaproject 2. Who is Nicole Kushner Meyer? 3. Jared Seligman’s ex-assistant alleges she was subjected...

05/09/17
...ex is going after his tony apartment at Chelsea’s Walker Tower, where he lives with his new wife, Inga...

05/09/17
...Tuesday on a $1.25 billion construction loan for its Chelsea megaproject the Eleventh, The Real Deal has learned. The construction loan, from the Children...

05/09/17
...sets of 14 buildings in Hell’s Kitchen and Chelsea last summer. 7. Beth Abraham Center, approximately $25 million Buyer: Daryl Hagler Seller: Centerlight Health System...

05/09/17
...off at noon at the Metropolitan Pavilion in Chelsea. To catch the conversation, as well as three information-packed panels and a sneak peek...

05/08/17
...The Real Deal is heading back to Chelsea for our 10th annual New York City Real Estate Showcase and Forum! On May...

05/07/17
...Guarducci just picked up a three-bedroom condo in Chelsea for $4.2 million, according to public records...

05/05/17
...Company and PGIM Real Estate’s 200,000-square-foot West Chelsea office building at 511-541 West 25th Street, which is asking around $200 million...

05/04/17
...The Real Deal is heading back to Chelsea for our 10th annual New York City Real Estate Showcase and Forum! On May...

05/03/17
...and Mickey Conlon, who’re focusing on West Chelsea. Elliman’s Daniela Kunen Team, as well as Eugene Litvak and Karen DeMeco of...

05/02/17
...The Real Deal is heading back to Chelsea for our 10th annual New York City Real Estate Showcase and Forum! On May...

05/01/17
...affordable housing properties known as Penn South in Chelsea. Wells Fargo provided the loan for the buildings — 212 Ninth Avenue, 305 Ninth Avenue, 313 Eighth Avenue...

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...
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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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