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A Dozen Years Post 9/11, Lower Broadway Is Full of Retail

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A rendering of Brookfield Place via <a href="http://www.wwd.com/retail-news/designer-luxury/burberry-said-opening-brookfield-unit-6776159?navSection=issues">WWD</a>
A rendering of Brookfield Place via WWD

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Today marks the 12th anniversary of the attacks on September 11th, 2001, and the Commercial Observer has recapped "the rebirth of Lower Manhattan" from a tourism and retail standpoint. The Downtown Alliance reports that by the end of last year, the total number of new visitors to the neighborhood clocked in at 11.5 million (compared to four million in 2002). Attractions that have contributed to that figure no doubt include the 9/11 Memorial, as well as a new community of bustling retailers that just keeps growing.

The docket for Brookfield Place includes players like Burberry, Michael Kors, Equinox, Hermès, Salvatore Ferragamo, and more. Real estate powerhouse Faith Hope Consolo tells the CO that she's "in talks with as many as a half dozen retailers—ranging from luxury retailers in beauty, optical, jewelry and fashion—who are soon-to-be in contract for space at Brookfield Place, where she said asking rents are $350 per square foot and higher."
· 12 Years After Attack, Tourism, Retail Surge Across Lower Manhattan [CO]
· All Brookfield Place Coverage [Racked NY]

Salvatore Ferragamo

655 5th Avenue, New York, NY 10022-5303 212-754-5200 Visit Website

Brookfield Place

225 Vesey Street New York, NY