Chelsea, known for its rich culture and diversity, is also a blooming center for business in Manhattan. Anchored by Google and Twitter’s considerable presence, Chelsea has experienced a real estate boom as both established companies and startups have migrated westward for Chelsea office space.
The Chelsea neighborhood is a favorite of both locals and tourists alike, thanks to New York institutions like the High Line, a mile-long park on a disused elevated railroad, and the newly-relocated Whitney Museum. Mere steps away, Chelsea Market is home to some of New York’s best artisan fare, making it a dream lunch destination. And of course, its sibling Meatpacking District lends plenty of nightlife options. Its proximity to the Hudson River also makes it both bike-friendly and highly walkable.
The average rent in Chelsea currently sits at a moderate average of $61/sq. ft, relative to the city average of $72/sq. ft – a big reason it’s attractive to companies of all shapes and sizes.