Nightlife Gurus Eugene Remm and Mark Birnbaum Like Working Underground

Chelsea Modern
Wouldn't you want to live under here? Photo: Photo Courtesy Corcoran

Nightlife moguls Mark Birnbaum and Eugene Remm must like being close to the ground. Their restaurant STK is at street level, and their megapopular club Tenjune is just below it. The pair's new offices follow the pattern. Birnbaum and Remm recently bought a large space at the 47-unit Chelsea Modern on West 18th Street for $2.225 million. But instead of going for the penthouse like the boldface names that frequent their establishments usually do, they opted for the ground-floor duplex, which extends below street level. "From the perspective of location, I want to be in the neighborhood. Equinox is opening across street, the High Line is almost done…" Birnbaum told us. "From a resale position, it's great. It's a good long-term investment." It won’t be dreary, either: The 2,277-square-foot space will have a glass sidewalk out front that will let light (and the sound of gentle footsteps) stream through to his basement. As Birnbaum assured us: "You don't feel like you're sitting in the dungeon." —S. Jhoanna Robledo

Listing: The Chelsea Modern [Corcoran]
Related: Meatpacking Moguls Remm, Birnbaum and Rabin on How to Be Cool [Grub Street]