Chelsea & Meatpacking's tenant base is anchored by big tech, fashion, gallery operators, advertising holding companies.
Chelsea & Meatpacking's tenant base is anchored by big tech, fashion, gallery operators, advertising holding companies.
Big Tech, fashion, gallery operators, advertising holding companies.
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.
| city | New York |
|---|---|
| submarket | Chelsea & Meatpacking |
| tier | prime |
| averageRentLocal | $102/sqft/yr |
| cityClassARentUsd | $102/sqft/yr |
| cityVacancyPct | 17.4% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.