By Ben Fractenberg
The market, located between 15th and 16th streets and Ninth and Tenth avenues, will reportedly add another 300,000 square feet of space to the top of the building. The expansion was possible after Chelsea Market-owner Jamestown Properties made $1.9 billion off the sale of a nearby property, 111 Eight Avenue, to Google.
After the sale of the building, which is one block away from the market, Jamestown reportedly bought out its Chelsea Market partners for $225 million.
The extra space will be used for either offices or possibly a hotel, according to Curbed.