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

06/20/18
...March. The borough’s largest deal was in Chelsea, where Raphael Toledano closed on his $49.21 million sale of 125-129 West 16th Street to...

06/20/18
...McCartney and Alexander McQueen. With such stores, plus Chelsea Market, the Standard and the iconic Parisian bistro Pastis, the area started to become...

06/18/18
...seven buildings in areas including Morningside Heights and Chelsea, sources told Bloomberg. The company did not respond to a request for comment before...

06/18/18
...The building, at 214-216 West 15th Street in Chelsea, was the home of the Nazareth Nursery Montessori School, which operated for 114 years before...

06/14/18
...Bond Street, the Lindley at 591 Third Avenue, and Chelsea 29 at 221 West 29th Street. Correction: A prior version of this story incorrectly stated that...

06/12/18
...far – behind Google’s $2.4 billion purchase of the Chelsea Market building and Maefield Development’s $1.53 billion buyout of its partners at 20 Times Square...

06/07/18
...to finish construction of the Fitzroy condo in Chelsea. In March, Eichner alleged in court papers that Fortress and Dune were trying to...

06/06/18
UPDATED, 4:11 p.m., June 6: WeWork is opening a location at a Flatiron District property partially owned by the family of one of its top...

06/06/18
...landlord of the building. 7) WeWork, 214 West 29th Street, Chelsea - 100,000 square feet The co-working company inked a lease for 100,000 square feet at 214 West...

06/04/18
...it paid close to $160 million for two adjacent Chelsea buildings and one in Gramercy. Kunal Chothani, head of New York at Akelius Real...

06/03/18
...crown”--as the mayor Sadiq Khan has described Chelsea...

06/01/18
...operators combined. WeWork recently expanded its reach in Chelsea, with a 167,000-square-foot lease at 18 West 18th Street and a 100,000-square-foot lease at 214 West...

06/01/18
The real estate arm of TIAA is continuing its attempt at a New York property purge. TH Real Estate is looking to sell a 49...

...McCartney and Alexander McQueen. With such stores, plus Chelsea Market, the Standard and the iconic Parisian bistro Pastis, the area started to become...

06/01/18
...Chelsea Market at 75 9th Ave and 1515 Broadway (Credit: Wikipedia) Commercial property deals in the U...

05/31/18
...broker Francois Bertin about renting a loft in Chelsea, claiming a budget of about $15,000 a month. Bertin, who is now with the Corcoran...

05/31/18
...-square-foot ninth floor of the Starrett-Lehigh Building in Chelsea. From here, Stewart has guided her highly curated lifestyle brand through the height of...

05/30/18
...and Barneys having opened a new store in Chelsea two years ago, there has been added downward pressure being put on sales at...

05/28/18
...to a 120-unit condominium building known as the Chelsea 7th. Christian, a resident of the building, was coming in from the gym and...

05/25/18
...that is developing a 12-unit condo building in Chelsea — in part to house its own family members. Investors from India, the world’s...

05/25/18
...of leases in NoMad, the Flatiron District and Chelsea. In a statement, Eugene Lee, global head of real estate and business development, said...

05/23/18
...construction loan on JDS Development and Largo Investments’ Chelsea condo project 514 West 24th Street. The company, one of the city’s most active...

05/23/18
Tavros Capital Partners is looking to bring in an equity partner at its Meatpacking District mixed-use redevelopment, sources told The Real Deal. The developer recently...

05/23/18
...handled in-house by Vornado, closed last spring. Similarly, Chelsea Piers, the vast Manhattan sports complex, leased a 52,000-square-foot, two-level space at 33 Bond Street...

05/23/18
...in May for 23,000 square feet in Savanna’s Chelsea building at 31 West 27th Street. The company also inked a lease for 24,000 square feet...

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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