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2018 is going to be a major year for New York City retail—aside from that long-awaited Nordstrom, the rumors about Neiman Marcus have finally been confirmed. The Dallas-based retailer talked to the New York Times about its New York City debut in Hudson Yards, slated to open in 2018.
"We needed to make sure that if we were taking this big, big step of coming to Manhattan, that we had a store that was going to be very impressive," Neiman Marcus Group chief executive Karen Katz said. And impressive it will be—they'll be taking 250,000 square feet of space on 10th Avenue between 31st and 32nd streets.
Though this will be the first branded Neiman Marcus store in the city, it's certainly had a presence here for a while—Bergdorf Goodman is owned by the luxury retailer. But it won't feel like the same store in two different locations, Katz insists. Bergdorf's will cater to the "very top of luxury and fashion," while Neiman Marcus will "appeal to a broader luxury and fashion customer," and especially out-of-towners.
"The number of tourists coming through Hudson Yards and the population that will be moving to and living in the West Side of the city will continue to grow," she told the paper. "We'll be serving those customers."
The store will be on floors five through seven of the Related Companies retail complex. "This entire project has been bespoke-tailored around Neiman Marcus," said Related retail leasing executive Kenneth Himmel. "It's not just an anchor tenant. It makes a statement for our project."
The paper notes that Neiman Marcus will have "prominent signage on the facade" of the building. The store will also have dedicated entrances on every side of the building, the biggest one facing Tenth Avenue.
The retailer and the real estate company will be celebrating their new venture with an exclusive Fashion Week cocktail party at the construction site this week.
· Neiman Marcus to Join the Manhattan Elite [NYT]
· Is New York City Finally Getting a Neiman Marcus? [Racked NY]
· Saks Fifth Avenue Is Coming to Brookfield Place, Off Fifth Nearby [Racked NY]