The boutique office development Chelsea540 is under contract for $1,560 a square foot, according to a new report. If it closes at that price, it would represent the second highest price per square foot in the neighborhood after Alphabet’s record-setting Chelsea Market deal earlier this year. The boxy 165,000-square-foot office and retail building at 540 West 26th Street, was developed by Savanna in partnership with the previous landowner, the Silvermintz family. The building is […]
source https://therealdeal.com/2018/07/25/savannas-chelsea540-is-expected-to-fetch-north-of-1550-a-square-foot/
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