The Value of Real Estate in Chelsea

by Art Fag City on March 22, 2007 Events

Screengrab AFC

Other than the fact that this new development lands in Chelsea, I don’t think there’s a way to construe a fine art connection with the cost of parking in Manhattan. But some news is just too stupid not to remark on, and  200 Eleventh Avenue certainly falls in that category. Following a post at curbed, Felix Salmon observes today at this new complex you can have your own en-suite garage for a mere $600,000. As the animation shows, you drive your vehicle into the building’s “car elevator”, it takes you up to your 4.5 million dollar apartment and you park your car in the adjacent garage. I suppose this is a great luxury, but I can’t help but think that if you can afford an apartment like that you probably also have a driver. No room in the virtual tour of the apartment was featured for that employee.

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