
Chelsea is one New York City neighborhood that has a lot going for it currently, and if the latest rental market report released by MNS is to be believed, now is a good time to consider renting in this very vibrant locality. According to the report, two-bedroom apartments in Chelsea have had the greatest declines in rent as compared to the previous month, making Chelsea an extremely attractive neighborhood for both individuals and families looking for a place to live in Manhattan.



Already one of the most dynamic and popular Manhattan neighborhoods, Chelsea and its surrounding area is in for some big changes. In the next three years, three major projects are planned: the third portion of the High Line, running up to 30th Street; the Hudson Yards Redevelopment Project; and the extension of the 7 Line to 34th and 11th. Chelsea’s rental market has adjusted to the boom and cultural shift from the High Line and
Manhattan’s rental market is cooling down after a strong upward rise over the last few years. However, it continues to progress slowly but surely. This means that more deals are on the market now than at any time since 2009. In neighborhoods such the Lower East Side and the
Starting in the fall of 2012, a world-class K-12 school will take root in West Chelsea, the first of its kind in this up-and-coming neighborhood.
A formerly hard-partying block in 