CHELSEA: Manhatan Neighborhood Real Estate Guide

By
Real Estate Broker with The Corcoran Group

Chelsea "HOT" real estate market - "COOL" Neighborhood

Chelsea is located between 34th Street and Greenwich Village on the West Side. Chelseais largely a residential area with a varied mix of high-and mid-rise buildings, brownstones and industrial lofts. The architecture in this area is unique. East of Ninth Avenue, the spacious and stylish loft warehouses give way to stunning landmark townhouses, prewar co-ops and new luxury high-rise buildings.

For many years Chelsea was the heart of the Garment and Flower districts until recently. Chelsea today is one of the city's hottest zip codes and coolest neighborhoods. It is now considered a fashionable place to live, it began in the early 1800's as a family farm, it became more commercial later that century with the arrival of an above ground railroad.

Chelsea Landmarks and History: Chelsea's origins date back to 1750 and the neighborhood has seen a lot of change since its days as farmland. Chelsea was the city's first theater district, and was a fashionable shopping district. The famous Barney's specialty store was located at 17th and Seventh Avenue for many years before moving uptown to Madison Avenue. Barney's annual warehouse sale still takes place every winter in Chelsea.

One of the most architecturally distinct pre-war buildings is London Terrace, a 1929 complex that runs the entire block from 23rd to 24th Streets between Ninth Avenue and Tenth Avenue. London Terrace includes a common garden, a pool, and 1,700 units in co-ops (known as the Towers) and rentals (known as the Gardens.) In 1930 London Terrace was the largest apartment complex in NYC and in the world located across the street from the fashionable townhouses and Fitzroy brownstones on "Millionaire's Row"

London Terrace Apartment

West 23rd Chelsea

 

West 23rd Street

 

 

 

 

 

 

Chelsea Hotel

1938 NYT ad for london terrace Chelsea Hotel (may become condos)

 

                                                1938 NYTimes AD for London Terrace ->

 

Chelsea today is a vibrant neighborhood with off Broadway theaters, new cutting edge art galleries, restaurants, bars and pulsating night clubs and discos. The famous landmark  Hotel Chelsea is where many famous artists, writers and musicians have stayed. 

There are many new luxury rental buildings along Sixth Avenue and many new condo developments have been built and are being developed on the far west portion of Chelsea between 10th and 11th Avenues.

Chelsea has also become a hub for media and creative people and high energy businesses. Google recently opened their New York Headquarters in Chelsea, along with numerous ad agencies and media companies and the new Frank Gehry designed glass building on the West Side Highway opposite the Chelsea Piers will be the headquarters for media, e-commerce mogul Barry Diller's Interactive Corp.

The development of Chelsea Piers and the water park has also provided a huge economic boom to the district. Chelsea Piers offers: ice-skating; rock climbing; equestrian endeavors; gymnastics, golf, two restaurants, a marine center, health club, bowling facilities, biking, roller blading and television studios

The High Line Apartments

West Chelsea from 10th Avenue to 11th Avenue, from 16th Street north to 30th Street, is booming with new condo developments that are transforming the once gritty Manhattan neighborhood into a fashionable destination. Most of the new developments will happen around the High Line. New condos with park views.

 The Caledonia

The Caledonia, a 26-story building, at 450 West 17th Street, at 10th Avenue, will have its own entrance to the planned High Line park from the second floor. Prices for the 190 apartments range from $700,000 to more than $4million. The Caledonia will be the first luxury condo with entrances directly to the High Line park.

Caledonia Advertisement

  

 

      2006 AD for

     The Caledonia---->

 

 

 

 

 

The High Line runs through three of Manhattans most dynamic neighborhoods, Hells Kitchen, West Chelsea and the Meat Packing District. Plans are underway to transform a 6.7acre span of former elevated train track running 22 blocks into an open park.

 

       Future High Line Park

 

 

    

 

The High Line at 10th Ave

 

Manhattan Neighborhood Real Estate Guides:

A blog series courtesy of: Mitchell Hall, The Corcoran Group

 

 

To join my VIP Manhattan BuyerProfile System and receive new property listings by email click here.

©Mitchell Hall 2006-2011

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the robot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate General Information
Location:
New York New York County Manhattan Chelsea
Groups:
Urban Core - Returning to our Downtowns
I Love NY
Posts to Localism
LGBT Referrals
Local Expert
Tags:
neighborhood report
neighborhood guide
market report
manhattan
chelsea

Comments 51 New Comment

Rainer
188,378
Laurie Manny
Long Beach CA Real Estate

kewl :) like the video, nice addition.

 

Happy Independence Day 

July 04, 2007 01:39 PM
Anonymous #48
Anonymous
Anonymous
Does anyone know where I can find a great picture of the O'Neill Building?
September 24, 2007 03:30 PM
Anonymous #49
Anonymous
Anonymous
GAY
October 11, 2007 07:41 AM
Rainmaker
234,214
David Ames
San Francisco
Zephyr Real Estate, San Francisco

You're right Mitchell...very well done!  Would you believe i haven't been to NY since 2000!!

April 22, 2011 12:54 PM
Anonymous #52
Anonymous
Marynaiev
web-based technology. For information on how your program can グッチ アウトレット reward for loyal customers. They may go on for two or three days, プラダ pradaアウトレット財布 quality control standards in the ethics of the fabric as much ナイキ エアマックス slightly different, the biggest one being the number of decks inside surface of the pumpkin, too. When it begins to wrinkle http://www.hzyhxx.com/Converse.asp smack on its side, the candle shouldnt move from its position. http://www.hzyhxx.com/Converse.asp gas offshore. Without a doubt, organizations which are producing ロレックス Tony: How long should families keep their homeschooling records? or for private transportation, made travelling more convenient グッチ バッグ So, if you plan on playing black jack you should learn to play シャネル バッグ experience for our end user. AMF Contributor: Is there a エアフォース jack-up analysis and design solutions, and if your organization
May 12, 2013 04:45 AM
Rainmaker
499,164

Mitchell J Hall

Lic Associate RE Broker - Manhattan, NYC
How Can I Help You ?
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the truck to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

Google

Trulia MVP Century Award Winner