T
he remaining seven meatpackers in the Gansevoort Market Co-Op will relocate from their 66,000-square-foot city-owned space east of Tenth Avenue by 2032 as part of a deal with the Economic Development Corp. The agreement marks the end of an era for the Meatpacking District's beef businesses, which have dwindled in recent years due to the area's transformation into a luxury destination.
As part of a "new vision" for the space, Mayor Eric Adams plans to build 600 mixed-income apartments, with half being affordable for lower-income residents. The site will also feature artistic and cultural centers. First Deputy Mayor Maria Torres Springer announced the proposal, citing a multi-agency collaboration that showcases the government's capacity to reinvent.
The city's next steps are unclear, as the meat purveyors are not obligated to relocate until a project is locked in. However, talks have begun between the Whitney Museum and Friends of the High Line about expanding the popular attraction, which sees over seven million visitors annually. The Whitney retains "right of first offer" over the site, but no further details on the collaboration have been disclosed.
realestate
Meatpacking's Legacy Butchers Face Extinction
Meatpacking District's remaining beef businesses face relocation as Gansevoort Market Co-Op closes.
Read More - realestate
realestate
Buyer found for Robin Williams' previous Seacliff residence
Seacliff home of Robin Williams sells after a year on the market
Read More - realestate
realestate
Potential for Development in Far North Side with Broadway Upzoning
Zoning proposal aims to transform Broadway on Chicago's Far North Side
Read More
realestate
Murano at Portofino Condo Owners Approve $60M Special Assessment Phase Two
Luxury South Beach condo owners face $27.2M assessment for repairs