Real Estate Gold

This article, “Five Things to Know About the Future of the Meatpacking District,” says just about everything one needs to know about the forces behind the massive development planned for Gansevoort Street:

1. Every single slice of the Meatpacking District is now real estate gold…
4. Expect a lot more chain stores…
5. Small businesses, like biker bar Hogs & Heifers, will increasingly feel the pressure of massive rent hikes.

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