The typical asking rate per listing is in the $0's per square foot per year. The Meatpacking District submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $73 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 7 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this region are around 4 floors. Most buildings in this area were built in 1910 and are Class A.
Professional services is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Meatpacking District occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.