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The Cost of an Office in Chelsea The Cost of an Office in Chelsea at the end of the third quarter of 2015 averaged a quoted $61.29 per rentable square foot according to Costar, the Commercial Real Estate Information Company. The boundaries of the Chelsea sub-market are shown in the map below. Chelsea Office RentsContinue Reading
Chelsea Lofts for Rent in NYC Chelsea lofts for rent in NYC are in short supply as a result of a sustained demand by creative companies. Costar, the Commercial Real Estate Information Company reports that at the end of June 2015, commercial vacancy in Chelsea was only 4.4% and the asking rent averaged $60.66 perContinue Reading
West Chelsea Office Space West Chelsea Office Space is in strong demand by creative businesses including fashion, design, galleries and TAMI (tech, advertising, media and internet). The cool factor, proximity to like-minded people and expansive loft spaces with a rich character are the main draws. This one time gritty nabe has fully evolved and offersContinue Reading
Renting an Office in Chelsea If your business is planing on renting an office in Chelsea the information that follows will help you understand the market. Chelsea includes the area from 30th Street south to 12th Street and from Fifth Avenue to the River. Chelsea has a large residential community that lives in newly constructed towers along SixthContinue Reading
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