Tuesday, 12 September 2017

Neiman Marcus to open in New York

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.

Neiman Marcus store New York

The post Neiman Marcus to open in New York appeared first on CPP-LUXURY.

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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