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

01/19/18
...the cryptocurrency XRP, is opening an office in Chelsea, the firm said. The San Francisco-based company signed a 6,933-square-foot lease at the Kaufman...

01/19/18
...built for itself at the edge of West Chelsea and the Meatpacking District. Google owns the former Port Authority headquarters at 111 Eighth Avenue...

01/16/18
...Giraldi and Sarah Jackson, will join the company's Chelsea/Flatiron office, Corcoran said. In a statement, the Fromms said they had an "incredible...

01/16/18
...The TV network has offices at Jamestown Properties’ Chelsea Market, where it reportedly has a lease covering about 165,000 square, and at HNA Group...

01/15/18
...nd Street Renderings are out for the West Chelsea development site the Related Companies bought in October for $234 million. Starchitect Robert A.M...

01/12/18
From the January issue: In early June, New York real estate investor and lender Josh Zegen got a tip that Lou Ceruzzi was looking for a...

01/10/18
...million following Goldstone's bankruptcy. Numerous projects in the Chelsea neighborhood of Manhattan have copped the name of its chief tourist attraction, the Chelsea...

01/10/18
...Gold Coast, deals in neighborhoods such as West Chelsea and Central Harlem are setting new price records. Rutenberg NYC’s Holly Brittain recently...

01/09/18
...purchased the controlling interest in a pair of Chelsea buildings at 116 Seventh Avenue and 204 West 17th Street in 2016 for $29 million. Representatives from A...

01/08/18
...bank, also gave loans for Sam Chang’s Chelsea hotel project and CIM Group and LIVWRK’s Crown Heights residential project. Adam America...

01/08/18
A massive mixed-use project coming to East Harlem courtesy of the Richman Group was the biggest project filed with the city last month. The project...

01/05/18
...West 23rd Street 6) Westside Market, 170 West 23rd Street, Chelsea - 8,000 square feet The food market signed a 20-year lease for 8,000 square feet of...

01/05/18
...from 6 to 10 p.m. at Pier Sixty at Chelsea Piers. There's a high-profile sports dinner and cocktail reception. Proceeds will support MDA families...

01/04/18
It looks like Howard Hughes Corporation CEO David Weinreb is the buyer of a $38 million penthouse at Scott Resnick’s 551 West 21st Street. The...

01/02/18
...scored $121.4 million in construction financing for his 526-key Chelsea Hotel. The debt package includes a $97.5 million mortgage from Bank of the Ozarks and...

In early June, New York real estate investor and lender Josh Zegen got a tip...

...Gold Coast, deals in neighborhoods such as West Chelsea and Central Harlem are setting new price records. Rutenberg NYC’s Holly Brittain recently...

12/29/17
...Chang is also planning a 172,640-square-foot hotel in Chelsea at 140-146 West 24th Street, and he landed an $83 million refinancing package for his...

12/29/17
Bye-bye, billions. In 2017, office towers continued their dominance among New York City investment sales, but the deals were often smaller than in recent years....

12/28/17
...another condominium project near the High Line in Chelsea. The company wants to bring a 20-story, 172,000-square-foot property to the site, complete with...

12/28/17
...Street The Related Companies’ assemblage play in West Chelsea, south of its Hudson Yards megaproject, has been one of the most expensive such...

12/27/17
From the December issue: In 2010, WeWork’s Miguel McKelvey and Adam Neumann were two unknown entrepreneurs scouting buildings for their first co-working space. They Set Their...

12/21/17
...as well. Ira Drukier of BD Hotels and Chelsea Hotel owner Edward Scheetz also donated the maximum individual contributions. Johnson has won the...

12/21/17
Architect-developer Cary Tamarkin and partner CL Investment Group want $161.3 million for just 13 condominiums at their 555 West End Avenue conversion project, filings with...

12/19/17
...to property records. The company, which also owns Chelsea Market and Industry City, has acquired 260 East 161st Street, located in the heart of...

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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