Neiman Marcus is poised to enter New York with a flagship store at Hudson Yards, the mega-development under construction on Manhattan’s West Side.
Neiman is negotiating with developer Related Cos. to anchor the Hudson Yards’ one-million-square-foot retail complex, slated to open in early 2019, with a multi-level store that could span upwards of 200,000 square feet. The deal would be a coup for Related Cos., which has already signed deals with Time Warner and Coach for office space, but had yet to find a standout retail brand for its commercial and residential complex spanning 37 million square feet at a cost of 20 billion US Dollars. A flagship store at Hudson Yards also would mark the first foray of the 107-year-old Neiman Marcus brand into the Big Apple.
The retailer has long hesitated because it also owns the swanky Bergdorf Goodman store on Fifth Avenue.
from CPP-LUXURY http://www.cpp-luxury.com/neiman-marcus-to-open-in-new-york/?utm_source=rss&utm_medium=rss&utm_campaign=neiman-marcus-to-open-in-new-york
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