The transformation of Manhattan’s Meatpacking District isn’t letting up just yet. According to CBRE, the commercial real estate firm, the Meatpacking District recorded the city’s largest quarterly increase in average asking rents during the second quarter. “Demand from upscale and luxury retailers has remained concentrated in the Meatpacking District, reducing available supply and supporting higher asking rents for newly marketed spaces,” CBRE said. Meatpacking is bordered by West 14th Street south to Gansevoort Street, and from the Hudson River east to Hudson Street. The Baccarat flagship in the Meatpacking District.