The Real Deal New York

Architecture review: Bringing romance back to retail

Nordstrom’s planned flagship at Central Park Tower recalls the golden age of consumerism

July 19, 2016 02:52PM
By James Gardner

Rendering of the Nordstrom fl agship store and its main entrance on 57th Street. Inset: A view of the store from 58th Street.

Rendering of the Nordstrom flagship store and its main entrance
on 57th Street. Inset: A view of the store from 58th Street.

From the July issueThese are not happy times for department stores. The rise of online merchants and discount chains, along with the shift in consumers’ buying habits, have cut into their sales and forced the closure of hundreds of branches. Over the past 12 months, Macy’s stock has plummeted by more than 52 percent.

Yet it is under this very dark cloud that the renowned luxury retailer Nordstrom recently unveiled its plans for the company’s first full-line store in New York: a 363,000-square-foot flagship spread over four properties on Broadway between West 57th Street and West 58th Street. If the store opens as scheduled, in 2019, it will do so six years after signing on the dotted line. [more]

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