realestate

West Chelsea Terminal Warehouse Gains First Tenant

The Mallory, named George Mallory, is the first tenant of the 1.3‑million‑sq‑ft terminal that later hosted Tunnel nightclub.

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onvenient Hospitality Group has secured a 50,000‑square‑foot, three‑level lease at the historic Terminal Warehouse in West Chelsea, marking the first venue in its portfolio to carry the CHG name. The space, dubbed The Mallory after the building’s 1890s architect George Mallory, will be the 18th Manhattan location for the company, which operates 39 hospitality‑focused venues worldwide, including 101 Park Ave, 75 Rockefeller Plaza, and Brookfield Place.

    The 1.3‑million‑square‑foot former freight terminal, once home to the Tunnel nightclub (1986‑2001), will now host galas, conferences, and tenant lounges. Convene’s president, Ryan Simonetti, said the firm is “elevating our offering to provide a premier destination to bring bespoke experiences to life.” Lease terms remain confidential.

    Situated at the northwest corner of 12th Avenue and West 28th Street, The Mallory will accommodate 550 guests. Its layout features a reception lounge with a 25‑foot bar, a grand hall with 19‑foot ceilings, special suites, and a gallery space with movable walls. Images of the venue are revealed here for the first time.

    CBRE’s Rocco Laginestra represented CHG, while the landlord was represented by Cushman & Wakefield’s Alan Schmerzler and Steven Soutenijk. The signing comes as Terminal Warehouse, a joint venture of Columbia Property Trust, L&L Holding, and Cannon Hill Capital Partners, continues its adaptive‑reuse transformation led by COOKFOX Architects, which added a six‑story extension atop the original structure. The overall project, estimated at $2 billion—including an $880 million purchase—remains in the marketing phase for the remaining 1.25 million square feet.

    Currently, the only public area is Danny Meyer’s Porchlight bar and restaurant at 11th Avenue and West 28th Street. A spokesperson noted that agreements are being finalized with a fitness provider and multiple food‑and‑beverage operators to create a robust tenant amenity program, and that discussions are underway with large office tenants amid the city’s shrinking inventory of premium workspace.

    Terminal Warehouse exemplifies the adaptive‑reuse trend that has revitalized century‑old structures for modern office use, alongside neighboring projects such as the Starrett‑Lehigh Building, St. John’s Terminal (now Alphabet/Google), and the Refinery at Domino in Brooklyn.

New tenant occupies West Chelsea Terminal Warehouse, marking first occupancy.