The area from West 35th to 42nd streets, and from Seventh to Ninth avenues will remain named the “Garment District” despite several suggestions of alternatives that would better align with changes in the neighborhood. Recently, several fashion industry spaces have been sold or redesigned, transformed from garment production spaces to banks, office space, and apartments. CBRE, the global leader of commercial real estate, reports that the average rent in the district is $47.39 a square foot, a smaller number than Park Avenue South and Midtown, where rents range from $59.03-$69.82 a square foot.
See what the staff of the Midtown Gazette discovered in the District.