Hey it’s James at Yoreevo coming to you with our tour of Chelsea, one of the more eclectic neighborhoods in the city. Three of Chelsea’s four boundaries are pretty well defined. To the west there’s the Hudson River, to the east you have 6th Ave, and to the south you have 14th St. The northern boundary has always been a little fuzzy and the development of Hudson Yards hasn’t helped. Personally, I would consider Chelsea to fall off around 30th Street. That’s where the buildings get taller and it starts to feel more like Midtown. You can’t paint Chelsea with a broad brush. Depending on where you are, it's going to feel very different. It’s New York City, so of course there are 100+ year old brownstones, we actually just helped a client buy Ethan Hawke’s old townhouse. You also have walk-up co-ops but sprinkled amongst them, particularly between 6th and 7th Avenues, in the teens. You have a lot of buildings that were built in the 80s and 90s and the construction quality frankly isn't great and the monthles are high so I recommend that my buyers steer clear of those. And then to the west, straddling the High Line around 10th and 11th Avenues, you have some of the most impressive new developments to hit the city over the last 5-10 years. I represented the buyer of a beautiful corner 2BR at Lantern House right after COVID lockdown ended and have been blown away by the price appreciation there since. Right across the street, you have One Highline, formerly known as The XI, which had been stalled out for years after its developer ran into financial trouble. A new developer took over about a year ago and the building has been making great progress ever since. As you can imagine, sitting on the West Side Highway, it has some incredible Hudson River views but they also don’t come cheap! Further north along the High Line, you have smaller but still very impressive new developments like the Zaha Hadid designed 520 West 28th Street with its unique push out window panels. You really can’t go wrong with any of these buildings. They're all ultra luxury done well. Surrounding the buildings are what Chelsea is perhaps best known for - art galleries. While their sparse white boxes might be intimidating, they’re basically all mini museums where you can pop in and best of all - they’re free! The larger galleries often host full on shows for their artists but again, with them being free, sometimes there’s quite a line to get in. I consider Meatpacking a sub-neighborhood of Chelsea even though it is partially below 14th Street. Way back in the day, there were a lot of meat purveyors, and there are still are some here today. In the early 2000s, it’s where you found a lot of clubs. Over the last 5-10 years, it’s gotten a lot more upscale with a lot of expensive shops and restaurants. Chelsea Market was purchased by Google in 2018, further increasing its already significant presence in the neighborhood which started in 2010 when they bought 111 Eighth Ave. That's a whole city block between 15th and 16th Streets and 8th and 9th Avenues. We’ve had to pleasure to work with a ton of Google employees over the years and we look forward to helping Google continue to make Chelsea a vibrant place to live and work. Not far from Chelsea Market, there’s Little Island, a park floating on the Hudson River, sitting on top of what looks like golf tees. To the north of that, you have the rooftop park at Pier 57. It’s huge and has great views of the Little Island and the Hudson River. Obviously this is NYC so there are tons of restaurants but there is only one Shukette. It’s my favorite restaurant in the city. Do yourself a favor, sit down and order the labneh and the frena. Better yet, order two. I’ve seriously considered having a meal of just those - bread and dip. Personally, I don’t need any other restaurants in the neighborhood but if you’re unlike me and want some variety, there’s Bathtub Gin for cocktails, Cafe Chelsea for French and while it’s technically one block above my 30th Street cutoff, there’s the classic Pizza Suprema. And perhaps Chelsea's biggest draw is the High Line. If you somehow don’t know it, it’s a park on elevated train lines that were abandoned in the 80s. It runs from Gansevort in Meatpacking, right up to 34th Street, right into Hudson Yards. Thanks for joining me on this tour of Chelsea. My company, Yoreevo, is a real estate brokerage and all of our buyers save up to 2% with a commission rebate and all of our sellers save up to 4% with lower listing fees. You can reach out to me directly at james@yoreevo.com and I’m happy to talk about your situation, the market, and or anything else that's on your mind.
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