Chelsea Hotels
News about Chelsea Hotels, including commentary and archival articles published in our Articles.
- December 2015: New York Buildings For Sale
- New York Buildings sold The Dermot Company is in contract to buy a Kips Bay apartment building from AvalonBay Communities for $175 million, part of its effort to transition into the luxury market. A majority of the 209 units in the building located at 377 East 33rd Street are occupied. The 23-story building consists of 185,549 square feet of residential space and 19,000 square feet of commercial space, which is currently leased by New York University.Forest City Enterprises has agreed to sell its development site at 625 Fulton Street in Downtown Brooklyn to Simon Dushinsky's Rabsky Group for $158 million. …
- April 2015: New York Buildings For Sale
- New York Buildings sold Chinese insurance company Groups bought the Waldorf Astoria for nearly $2 billion. It was the largest ever Chinese investment in a single Manhattan property and that was negotiated chairman Wu Xiaohui to chairman Jonathan Gray head of real estate for Blackstone.Maddd Equities bought the school component of a 14-story Upper East Side building for $24.5 million. The school is located inside a 181,700-square-foot building at 1225-1239 Second Avenue, located between East 64th and 65th streets. The Grace Institute had owned the roughly 45,200-square-foot space since 1963.David Berley purchased 160-162 Lexington for $24.5 million from Lexington Landmark …
- October 2014: NYC New Building Developments
- New Developments Microsoft's Stores move to Fifth Avenue is official. The software and video game company confirmed that it will open a flagship at 677 Fifth Avenue as part of a continued expansion of the company's retail presence. Microsoft will occupy 8,700-square-foot across two-floors at the Fifth Avenue location..The boutique fitness scene seems to be pushing out many mid-tier players, snapping up a growing number of leases and paying good rents for commercial landlords.New York City's tech firms are bumping into a new problem: a lack of open office space. Many of these companies rent offices in the city's old …
