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The space will house the ad and marketing operations.
Alex Bernstein is behind the project, one of several buildings underway in Chelsea parking lots.
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The two floors of space at New York REIT’s 245 West 17th St would be “swing space” available for 2-3 years.
Spotify is taking 400K SF at 4WTC, but it might not leave its current office.
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WeWork CEO Adam Neumann bought the mortgage for a parcel in Chelsea with development potential, and one rumor claims he plans a WeLive for the location.
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Another property from HFZ Capital is being foreclosed on, according to a lawsuit.
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Who are the consortium set to buy Chelsea, and how does the stadium factor into their plans?
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Casco Development Corp. planned a 20-story, mixed-use building on the lot, but the project never got off the ground.
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Master plan proposals and a detailed planning application for Phase 1 of Earls Court are in with two councils, but there is no room for a Chelsea stadium.
HFZ Capital Group nabs 518 W 18th St
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