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Chelsea

Chelsea
New York, NY 10011
Residential, Sales, Condo, Multifamily

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
  • Event Sales
  • Address Chelsea Hotel
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 250,000,000
  • Publication Date 12/01/2016
  • Event Date 10/15/2016
  • Party 2 SIR Chelsea, LLC
notes
The hotel sold for $250 in a joint venture and will be converted to condominuims.
  • 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 Office Leasing
  • Building Name Chelsea Terminal Warehouse Building
  • Address 261 11th Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 3,000
  • Price per foot $ 40.00
notes
The media and film company signed a three-year office lease on the ground floor.
  • 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
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
  • Building Name Wyndham Grand Hotel Manhattan Chelsea West
  • Address 37 West 24th Street
  • Neighborhood Flatiron
  • Borough Manhattan
  • Price $ 39,060,000
  • Publication Date 01/01/2009
  • Event Date 11/22/2008
  • Party 1 McSam Hotel Group
  • Party 2 Gemini Real Estate Advisors
notes
The hotel sold for $39.06 million. It opened in early November.
  • Event Office Leasing
  • Building Name Chelsea Terminal Warehouse Building
  • Address 261 11th Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 6,050
  • Price per foot $ 35.00
  • Publication Date 10/01/2008
  • Event Date 08/22/2008
  • Party 1 Waterfront New York Realty
  • Party 2 Joey Showroom
  • Party 2 Brokerage Kaufman Organization
  • Party 2 Broker Michael Heaner, Sommer Scafidi
notes
The fashion designer signed a 10-year lease for space on the fifth floor. The company is relocating from a smaller space on West 14th Street.
  • Event Office Leasing
  • Building Name Chelsea Terminal Warehouse Building
  • Address 261 11th Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 6,050
  • Price per foot $ 35.00
  • Publication Date 10/01/2008
  • Event Date 08/22/2008
  • Party 1 Waterfront New York Realty
  • Party 2 KGB United
  • Party 2 Brokerage Rice & Associates
  • Party 2 Broker Curtis Woodside
notes
The furniture maker signed a 10-year lease for showroom space on the entire fourth floor of a former warehouse. The company expects to occupy the space in November.
  • Event Sales
  • Building Name The Hilton Grand Inn Chelsea
  • Address 121 West 28th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 55,000,000
  • Publication Date 12/01/2007
  • Event Date 10/22/2007
  • Party 1 Sam Chang
  • Party 2 Inland American Winston Hotels
notes
The hotel sold for $55 million. Chang purchased the sites at 119-121 West 28th Street in 2005 for $5.75 million. The hotel, which opened on October 16th, was sold after this summer's merger between Winston Hotels and the REIT Inland American.
  • 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 Retail Leasing
  • Building Name Chelsea Terminal Warehouse
  • Address 261 11th Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 2,450
  • Publication Date 01/01/2007
  • Event Date 11/22/2006
  • Party 1 Waterfront New York Realty
  • Party 1 Brokerage Sinvin Real Estate
  • Party 1 Broker Roxanne Betesh
  • Party 2 Point of View Gallery
  • Party 2 Brokerage NY Commercial Realty
  • Party 2 Broker Constance Byrne
notes
The photography gallery signed a five-year lease at an asking rent of $40 per square foot. The building is home to 12 other galleries and a mix of retail stores.
  • 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 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 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 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 Retail Leasing
  • Building Name Chelsea Terminal Warehouse
  • Address 261 Eleventh Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 7,000
notes
Art gallery signed a 10-year lease for 3,500 square feet on the ground floor and 3,500 square feet in the basement. Asking rents are reportedly $40 per square foot in the building. The move was made in conjunction with seven other members of the New Art Dealers Alliance art galleries.
  • Event Retail Leasing
  • Building Name Chelsea Terminal Warehouse
  • Address 261 Eleventh Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 3,706
notes
Art gallery signed a 10-year lease for 1,853 square feet on the ground floor and 1,853 square feet in the basement; asking rents are reportedly $40 per square foot. The move was made in conjunction with seven other members of the New Art Dealers Alliance art galleries.
  • Event Retail Leasing
  • Building Name Chelsea Terminal Warehouse
  • Address 261 Eleventh Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 2,334
  • Publication Date 05/01/2006
  • Event Date 03/22/2006
  • Party 1 Waterfront New York Realty
  • Party 1 Brokerage Sinvin Real Estate
  • Party 1 Broker Roxanne Betesh
  • Party 2 Foxy Production
  • Party 2 Brokerage HomeWorkPeople
  • Party 2 Broker Mark Oleszek, Jane Stuart
notes
Art gallery signed a 10-year lease for 1,167 square feet on the ground floor and 1,167 square feet in the basement; asking rents are reportedly $40 per square foot. The move was made in conjunction with seven other members of the New Art Dealers Alliance (NADA) art galleries.
  • Event Retail Leasing
  • Building Name Chelsea Terminal Warehouse
  • Address 261 Eleventh Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 4,666
  • Publication Date 05/01/2006
  • Event Date 03/22/2006
  • Party 1 Waterfront New York Realty
  • Party 1 Brokerage Sinvin Real Estate
  • Party 1 Broker Roxanne Betesh
  • Party 2 John Connelly Presents
  • Party 2 Brokerage HomeWorkPeople
  • Party 2 Broker Mark Oleszek, Jane Stuart
notes
Art gallery signed a 10-year lease for 2,333 square feet on the ground floor and 2,333 square feet in the basement; asking rents are reportedly $40 per square foot. The move was made in conjunction with seven other members of the New Art Dealers Alliance art galleries.
  • Event Retail Leasing
  • Building Name Chelsea Terminal Warehouse
  • Address 261 Eleventh Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 1,167
  • Publication Date 05/01/2006
  • Event Date 03/22/2006
  • Party 1 Waterfront New York Realty
  • Party 1 Brokerage Sinvin Real Estate
  • Party 1 Broker Roxanne Betesh
  • Party 2 SLP Art Culture Commerce, Ltd.
  • Party 2 Brokerage HomeWorkPeople
  • Party 2 Broker Mark Oleszek, Jane Stuart
notes
Art gallery signed a 10-year lease for 1,167 square feet on the ground floor of the property where asking rents are reportedly $40 per square foot. The move was made in conjunction with seven other members of the New Art Dealers Alliance art galleries.
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