Meatpacking District Sees Influx of Retailers

Retailers are flocking to the Meatpacking District to take advantage of High Line-inspired foot traffic. International perfumery Bond No. 9 is the latest retailer to join the pack, signing a 1,000-square-foot lease last week for its fifth New York City location at 863 Washington Street, between 13th and 14th streets. With prices at close to $400 per square foot on the side streets and $500 a square foot on 14th Street, rents in the area "are improving faster than almost anywhere in the city," said Faith Hope Consolo, chairman of retail at Prudential Douglas Elliman. She and Joseph Aquino, an Elliman executive vice president, negotiated the lease on behalf of Bond No. 9 in the Washington Street deal.