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Tenant inks 99-year ground lease for Bargain World spot
The Feil Organization is buying an office building in Chelsea that is home to several art galleries for about $72 million, according to sources familiar with the deal. 530 West 25th Street between 10th and 11th avenues and spans 95,000 square feet across seven stories.
sold for $2.5 million, or $1,666 per s/f. The retail condo, currently occupied by Housing Works, a high-end designer thrift shop, features 1,500 s/f of street level space and a renovated 1,500 s/f basement.