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

10/20/17
...on the purchase of six sites in West Chelsea and air rights for $234 million, paving the way for the developer to get started...

10/19/17
First it was Eataly, and then it was Le District....

10/19/17
...WeWork CEO Adam Neumann invites investors to his Chelsea headquarters, he sometimes directs employees to “activate the space,” for example by throwing a...

10/16/17
...behind the Jardim, a two-building condo complex in Chelsea at 525 West 27th Street – a building that garnered headlines due to an unusual private...

10/13/17
...and Development picked up a pair of mixed-use Chelsea buildings for $23.4 million. The Park Avenue-based firm bought the properties at 152 and 154 Seventh Avenue...

10/09/17
...WeWork) WeWork is giving roughly 500 tenants at its Chelsea locations the boot to make way for a bigger corporate headquarters. The co-working giant...

10/06/17
...Developer Mitchell Holdings converted it into condos in 2013. Chelsea Clinton, NASCAR driver Jeff Gordon and hedge fund manager John Silvetz have also purchased...

10/05/17
...Extell Development is in contract to sell a Chelsea development site to Sam Chang for about $60 million, so that the hotel developer can...

10/05/17
...to make the list was a hotel in Chelsea from Sam Chang, while the sole Staten Island project was a self-storage facility from...

10/04/17
...Property Trust is in contract to buy two Chelsea office buildings for about $515 million from New York REIT as it liquidates its portfolio...

10/03/17
...the Barneys store at 161 West 16th Street in Chelsea. In May, the company formed the subsidiary Gazit Horizons to invest in U.S...

09/28/17
...forward, so officials rezoned that area of West Chelsea and stipulated that developers would have to buy air rights from the High Line...

09/28/17
...own a neighboring penthouse. Scheetz left the troubled Chelsea Hotel project last year over disagreements and expenses. – Eddie Small...

09/27/17
...example of corporations profiting from deceptive policies,” said Chelsea Ortega of Santoni, Vocci & Ortega, a Baltimore-area firm that has also brought class-action...

09/27/17
...Toledano is in contract to sell a six-story Chelsea rental building, the single-most valuable property in his dwindling holdings, sources told The Real...

09/26/17
...the now-defunct TCI College of Technology’s longtime Chelsea home for about $60 million, The Real Deal has learned. The New Jersey-based investment firm...

09/26/17
...renting an apartment. One manicurist who works in Chelsea told TRD she paid $10,000 in tea money for her first Chinatown apartment in 2000. That...

09/20/17
...by a $50.9 million penthouse at Walker Tower in Chelsea. On a per-square-foot basis, the Woolworth pad is asking $11,328 per foot. The Real Deal...

09/15/17
...example of Google, which has an office in Chelsea, as selling points for the Big Apple. Last week, Seattle-based Amazon said it is...

09/13/17
...Chelsea Market at 75 Ninth Avenue (Credit: Chelsea Market) Asian food emporium Pearl River Mart is expanding, just two years after closing...

09/12/17
...for the development, which is next to the Chelsea High Line, last fall. In 2014, the property at 455 West 19th Street sold to a...

09/11/17
...out-of- control 20s, when he was living in Chelsea and had a drug habit. These days, he’s more of a homebody with...

09/11/17
Jerry Gottesman, who as co-founder and chairman of Edison Properties parlayed a single Newark parcel into a multibillion-dollar storage and property empire, died Sunday. He...

09/08/17
...on it, too. From Google's 615,000-square-foot headquarters in Chelsea, to the towering New York Times Building at 620 Eighth Avenue, check out the above...

09/07/17
...buying at 76 Madison in NoMad and at the Chelsea Stratus on West 24th Street, which he marketed, as well as 195 Bowery on the...

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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