Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
Retail rents in the Meatpacking District are expected to triple once the Whitney opens their MePa museum. And who's anticipated to cough up the rent? Ding, ding, ding: major national retailers! Many of the District's pioneers will see their ten year leases up for renewal soon—translation: hiked to 2013 rates from 2003 rates—and real estate minds expect they'll be, "pushed out by the popularity they created." [DNAInfo]