Compared to the rest of the New York City market, the Meatpacking District submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 7 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 214% of the available leases in the Meatpacking District are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 13,770 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 4 floors. Most buildings in this area were built in 1910 and are Class A.
Professional services is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Meatpacking District residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.