The Berkshire Capital Group has purchased The Chelsea, an 18-story luxury apartment building at 160 West 24th Street in Manhattan, N.Y.

The value of the transaction was $93 million.

The London-based investor bought the building from the Maidman real estate family’s Townhouse Management and Pine Equity, which had acquired the property three years ago for $63 million.

In addition to its residences, the Chelsea also contains a 50-car garage and six stores along Seventh Avenue.

Real estate service companies Colliers ABR Inc. and Spalding & Slye Colliers represented the seller, Chelsea LLC.

Boston-based Spaulding & Slye Colliers is an integrated real estate services company.


What’s your opinion? Send your Letter to the Editor to

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top