FWDREFORWARD REAL ESTATE ADVISORY
    Manhattan

    Meatpacking

    Cobblestone luxury district anchored by the High Line. Destination dining, mega-clubs, and premium retail.

    Luxury, Nightlife
    $150-400/sf
    Subway Lines
    ACEL123
    100

    Walk Score

    Walker's Paradise

    100

    Transit

    96

    Bike Score

    Liquor Licenses

    449

    Sidewalk Cafes

    427

    Restaurant Grades
    354
    Grade A
    55
    Grade B
    42
    Grade C
    Safety (Precinct 6)
    Annual Complaints2,000
    Felonies730
    Misdemeanors1,117
    Business Activity
    Active Businesses350
    Recent Permits1,000

    About Meatpacking

    The Meatpacking District has completed one of New York's most dramatic transformations—from wholesale meat processing to luxury fashion, dining, and nightlife destination. The cobblestone streets and industrial architecture now frame some of the city's most prestigious addresses.

    The High Line's opening accelerated the neighborhood's evolution, bringing millions of visitors annually past ground-floor retail and restaurants. The Whitney Museum's arrival further elevated the area's cultural positioning. Today, Meatpacking attracts tourists, fashion industry insiders, and the bottle-service crowd with equal intensity.

    For hospitality operators, Meatpacking offers premium positioning at premium prices. The neighborhood's small geographic footprint—essentially the blocks between 14th Street and Gansevoort—limits supply and intensifies competition. Concepts must match the neighborhood's glamour; anything that feels ordinary is out of place.

    The landlord landscape is dominated by sophisticated commercial operators and developers who understand the neighborhood's positioning. Tenant selection is rigorous—operators need strong track records and concepts that enhance rather than diminish Meatpacking's prestige.

    Best For in Meatpacking

    Destination dining
    Mega-clubs
    Luxury retail
    Rooftop venues
    Celebrity chef concepts

    Commercial Rent Guide for Meatpacking

    Current market rates for commercial space (annual rent per square foot)

    Space Type Avg Rent/SF Typical Size Key Money
    Restaurant $150-$250 2,000-5,000 SF $100K-$300K
    Nightclub $100-$175 3,000-8,000 SF $150K+
    Retail $200-$400 1,500-4,000 SF Varies
    Bar/Lounge $120-$200 1,500-3,500 SF $75K-$200K

    * Rates are estimates based on recent market activity. Actual rents vary by specific location, condition, and lease terms.

    Demographics (Census Data)

    Population

    29,461

    Median Income

    $147k

    Median Rent

    $2,852/mo

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    Market Snapshot

    Avg Rent$150-400/sf
    Walk Score100/100
    Transit Score100/100
    Active Businesses350

    Nearby Neighborhoods

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    Frequently Asked Questions About Meatpacking

    What you need to know about commercial real estate in this neighborhood.

    What is the average rent in Meatpacking?

    Commercial space in Meatpacking commands $150-$400 per square foot annually, among NYC's highest. The small geographic area limits supply. Concepts with outdoor seating or High Line visibility command additional premiums.

    What types of concepts work in Meatpacking?

    Meatpacking rewards glamorous, high-volume concepts. Destination restaurants like Catch and STK anchor the dining scene. The neighborhood suits celebrity chef concepts, high-energy nightlife, and luxury retail. Understated concepts are out of place.

    Is Meatpacking good for nightlife?

    Meatpacking is NYC's premier mega-club destination. Licensed spaces with late hours are extremely valuable. The neighborhood attracts bottle-service crowds and celebrity traffic. New nightlife concepts face intense competition and community scrutiny.

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