Earl Bateman's
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High Line Nine ~ Nine New Affordable Ground-Floor Spaces Coming To West Chelsea.

High Line Nine ~ Nine New Affordable Ground-Floor Spaces Coming To West Chelsea.

Nine new gallery spaces coming to West Chelsea are now pre-leasing. These built ground-floor spaces, 2,500 RSF and under, with high-ceilings, storage and offices, and in a prime area with monthly rents that will encourage small- to mid-sized galleries to come back to West Chelsea. Please contact me or call +1-917-576-2384 for more information on...
The Big News From 2015 : West Chelsea? LES? Flower District? No, it's... Brooklyn.

The Big News From 2015 : West Chelsea? LES? Flower District? No, it’s… Brooklyn.

Much attention was paid in the industry press to the three districts mentioned above, and they did generate news for sure. However, slowly and steadily, Brooklyn has been growing to become New York’s largest district, from a province just a few years ago. The graph below shows Brooklyn’s rise from 2011, passing both the Upper...

Anton Kern Gallery for sale for $27,000,000

Alf Naman has put this 5,000 SF lot with 27,500 SF of buildable space on the block for the highest land-deal price yet : $27.000M. Anton just renewed his lease last year, but, as with most leases in West Chelsea, it has a Demo Clause, something to be aware is a very negotiable term when...
2016 Update : 303 Gallery To Go Back To West 21st Street

2016 Update : 303 Gallery To Go Back To West 21st Street

UPDATE to this story January 2, 2016: Lisa Spellman is indeed moving back to West 21st this year as I reported two years ago, and this series of moves on her part was a very smart play. Kudos. It also means that her previous 7,200 SF gallery – with 3,900 SF on the ground floor...
West Chelsea North ~ Gateway to Hudson Yards

West Chelsea North ~ Gateway to Hudson Yards

West Chelsea North – West 28th, 29th and 30th Streets – is the fastest-growing new gallery area in the West Chelsea Special District, though “fastest-growing” hardly describes it. Actually “new” doesn’t either, since there have been 15 galleries on West 29th since 1998, more than there have been ground floor galleries on West 25th Street...
What's happening at 551 West 21st Street?

What’s happening at 551 West 21st Street?

UPDATE: Skarstadt Gallery will be moving in in 2014, but this space is still a sublease with a Demolition Clause, allowing for demolition of the building and development of the site. Eyebeam already announced they are moving in 2014, and Guided By Invoices in the triangular building on the corner closed last year, clearing the...
West Chelsea South ~ Gateway To Meatpacking?

West Chelsea South ~ Gateway To Meatpacking?

Walking around West Chelsea is like gazing at the Milky Way: what you see now is really looking at the past, the future is what’s happening now. This is important to keep in mind if you have a longer-term lease because five years into your lease, West Chelsea will likely look much different than when...
Two On The Inside ~ 541 W 21 and 511 W 21

Two On The Inside ~ 541 W 21 and 511 W 21

There are two properties available inside the M1-5 district otherwise known as West Chelsea Gallery District – South that should be gallery buildings but instead are being marketed to a single , most likely, non-art user. 511 W 21st is on the block to be demolished and rebuilt with a glass tower and leased to...
551 West 21st ~ 44 luxury rentals and 8,900 SF of Ground Floor space.

551 West 21st ~ 44 luxury rentals and 8,900 SF of Ground Floor space.

One of two artist studio buildings in West Chelsea (the 2nd is 508-526 West 26th Street) vacated it’s tenants last August to make way for the future 19-story tower by developer Scott Resnick of SR Capital. In December, 547 W 21 (303 Gallery) was assimilated, either into this project or as an adjunct project by...
More than just higher rents and more ground floor space...

More than just higher rents and more ground floor space…

Rent increases, the proliferation of ground floor galleries and the High Line don’t tell the whole story behind the exodus of galleries from West Chelsea. The two graphs below show the 5-year trend in price/sf pre-Lehman in 2007 through July 2012, and the numbers of galleries on upper and ground floors over the same period....