The Real Deal New York

Neiman Marcus to anchor Related’s Hudson Yards project

Retailer will take 250k sf at the shopping complex
September 03, 2014 04:15PM

It’s official: Neiman Marcus will anchor the 1 million-square-foot Hudson Yards retail complex developed by the Related Companies and Oxford Property Group, dubbed the Shops at Hudson Yards.

The Dallas-based retailer and subsidiary of Bergdorf Goodman signed a lease on Tuesday, following months of speculation that it would take a spot at the 10th Avenue shopping center between 31st and 32nd streets, the New York Times reported. The deal includes prominent signage on the building’s exterior and will place Neiman Marcus in roughly 250,000 square feet of combined space on the fifth through seventh floors, according to the newspaper.

This is the first tenant that Related has announced for the Shops at Hudson Yards, the retail component of its 17 million-square-foot residential and commercial development. The store will be Neiman Marcus’s first Manhattan location.

“This is a game changer for Hudson Yards, for the West Side of New York, for Manhattan,” Kenneth Himmel, president and CEO of Related Urban, told the Times. “It’s not just an anchor tenant. It makes a statement for our project.” [NYT]Tom DiChristopher