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September 4, 2014

Neiman Marcus Unveils 250,000 sq. ft. Flagship Anchoring Hudson Yards in New York City

By Zahra Al-Kateb

Neiman Marcus Group announced plans to open a flagship Neiman Marcus store on Manhattan’s flourishing west side at Hudson Yards. The 250,000 square foot, multi-level store is scheduled to open in 2018 and marks the first for the brand in New York City. The landmark announcement is a signature element of the company’s entrance and expansion into New York, which includes a multi-million dollar comprehensive modernization of Bergdorf Goodman, a Neiman Marcus store on Long Island and a Last Call Studio Store in Brooklyn.

The three-level Neiman Marcus will anchor the one million square foot Shops at Hudson Yards.  Integrated into the heart of the neighborhood, customers will have multiple access points throughout the complex including from the east, west, north and south and a dedicated entrance on 10th Avenue. The store will offer customers Neiman Marcus’ signature mix of luxury and fashion brands.  The store will offer sweeping views over the vast public plaza and monumental meeting place being designed by Thomas Heatherwick and Thomas Woltz, the unique Culture Shed, the planned home of New York Fashion Week and the widely-acclaimed High Line.

“Neiman Marcus Group is delighted to announce that Manhattan will have its first Neiman Marcus!  Hudson Yards presents the ideal location for a Neiman Marcus store.  The project is a bold and innovative retail idea and one that complements how we view our Neiman Marcus Brand,” said Karen Katz, president and chief executive officer of Neiman Marcus Group. “Neiman Marcus Group is well-known to New York and New Yorkers through our landmark Bergdorf Goodman store – a beloved and revered New York institution at the corner of 5th and 58th, and we are excited to establish a flagship NM store in one of the world’s premier shopping destinations.  We look forward to serving New Yorkers and visitors to New York with legendary Neiman Marcus style.”

The 28-acre Hudson Yards, developed by Related Companies and Oxford Properties Group, will include more than 17 million square feet of commercial and residential space, as well as 14 acres of public open space, a 750-seat public school and a 175-room luxury hotel.

Owned by Neiman Marcus Group LTD LLC, Neiman Marcus is a specialty retailer that offers customers the finest of luxury merchandise through its brick-and-mortar stores, website and catalogs. The company’s current New York store presence includes two Bergdorf Goodman stores located at Fifth Avenue and 58th Street.

(Source: Neiman Marcus)

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