Once upon a time, small-yet-pricey boutiques dominated the Meatpacking District—you know, after it was dominated by actual meat packers. But within the past few years, bigger names like Sephora, Intermix and the like have moved into the area, which means that landlords can now demand higher rents than what small stores can afford. Jeremiah's Vanishing New York points out that a few months ago, the WSJ analyzed how many of Meatpacking's boutiques had been forced to leave the neighborhood, and that they're slowly setting up shop elsewhere. The phenomenon has been dubbed the "MePa Creep."
Case in point? JVNY reports that Henry Beguelin has just opened up a new store at Charles Street and Waverly Place, at the former home of Harry Chong's laundromat, which had been in the neighborhood for 60 years before the rent was finally raised too high. The space was then taken over by Snip and Sip in October of 2011, and now, the high-end boutique that came straight from MePa has taken over part of it.
Snip and Sip still occupies a portion of the location at the 204 Waverly Place address, and Henry Begeulin is at 30 Charles Street. Well, at least the brand's website announcement of the new store pays a subtle homage to Harry: "The new location is at 30 Charles in the West Village, across the street from the restaurant Morandi. The store is open as of March 31st. The space was formerly part of Snip and Sip and somewhere way back, Harry Chong's."
· Henry in Harry's [Jeremiah's Vanishing New York]
· Meatpacking Rents Flip Shops [WSJ]
· Henry Beguelin [Official Site]