Chelsea & Meatpacking's tenant base is anchored by big tech, fashion, gallery operators, advertising holding companies.

  • Tier: prime.
  • Tenant character: Tech and media's preferred West Side address.
  • Average rent: $102/sqft/yr.

Chelsea & Meatpacking, New York tenant profile

Chelsea & Meatpacking's tenant base is anchored by big tech, fashion, gallery operators, advertising holding companies.

TL;DR

  • Tier: prime.
  • Tenant character: Tech and media's preferred West Side address.
  • Average rent: $102/sqft/yr.

Who clusters here

Big Tech, fashion, gallery operators, advertising holding companies.

What that means for newcomers

Newcomers to Chelsea & Meatpacking should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityNew York
submarketChelsea & Meatpacking
tierprime
averageRentLocal$102/sqft/yr
cityClassARentUsd$102/sqft/yr
cityVacancyPct17.4%

Frequently asked questions

What kind of tenants lease in Chelsea & Meatpacking?
Big Tech, fashion, gallery operators, advertising holding companies.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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