# Chelsea & Meatpacking, New York — Class A submarket

> Chelsea & Meatpacking is a prime-tier Class A submarket of New York with average asking rent around $102/sqft/yr.

**Canonical URL:** https://classa.info/cities/new-york/chelsea-meatpacking
**Page type:** neighborhood
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Largest Big Tech footprint in New York.
- Repositioned warehouses and Class A new construction sit side-by-side.
- High Line and Hudson River Park frame the neighborhood.

## Key facts
- **city**: New York
- **neighborhood**: Chelsea & Meatpacking
- **tier**: prime
- **averageRentLocal**: $102/sqft/yr

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Citation: Source: Class A Atlas (https://classa.info/cities/new-york/chelsea-meatpacking), updated 2026-04-15T00:00:00.000Z.