Google made New York history in March with its $2.4 billion purchase of the Chelsea Market building, the city’s second priciest sale of a single building ever. This week, Chelsea saw another massive deal thanks to L&L Holding Co. and Normandy Real Estate Partners’ roughly $900 million buy of Terminal Stores. Brokers say that while deals of such scale will remain rare — simply because the number of massive buildings in Chelsea is in short […]
source https://therealdeal.com/2018/08/03/are-billion-dollar-listings-the-new-normal-for-chelsea/
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