163 West 18th Street is a ground-up residential condominium development featuring 29 Ultra Luxury Apartment and a range of high-end amenities including parking, exercise facilities, a pet-spa and a Zen Garden.  Square footages range from 875 to 2,500 square feet with prices starting at $875,000. The project has been completely sold out at over $1225 per square foot.

After spending much of the last century in a state of benign-neglect, Chelsea and the Meat Packing district experienced an immense turnaround during the last decade.  Today, they attract hip, moneyed elements looking for large industrial spaces and pedestrian friendly streets free of towering office blocks.    Mirroring the growth of SOHO and TriBeCa, this area has drawn artists’ galleries looking for a respite from rising rents. Unlike those districts, however, Chelsea also hosts a substantial commercial and residential population. Sixth Avenue, part of the historic “Ladies' Mile,” boasts some of the world’s most desirable retailers, including William’s Sonoma, Pottery Barn and Jeffrey New York, as well as family friendly services like Chelsea Piers.  Refurbished Eighth Avenue is the reborn “Main Street” of Chelsea, and with 14th Street, provides cohesion to the area. Neighborhood fixture Florent is only one of many Zagat’s listed restaurants, which also include Markt, Biltmore Room, Matsuri, and the newly opened Gavroche.

Because of Chelsea’s more established location, it offers a far greater choice of amenities than relatively new neighborhoods like SOHO and TriBeCa. More than any other development, Chelsea Piers, on the river between 18th and 22nd Streets, is responsible for Chelsea’s renaissance. This sports and entertainment multiplex, according to The New York Times, has become “the city’s collective backyard,” drawing millions of visitors a year and standing as one of Manhattan’s most visited entertainment sites behind the Metropolitan Museum of Art and Madison Square Garden. The construction of Hudson River Park has further revitalized the area’s waterfront and invites visitors from all walks of life.