Amazon to open first NYC bookstore at Time Warner Center

Online retailer plans to open 4K sf store in the spring

New York /
Jan.January 05, 2017 08:31 AM

Amazon.com plans to open its first Big Apple bricks-and-mortar bookstore at a prime location — the Related Companies’ Time Warner Center.

The online retail behemoth announced late Wednesday that it will open a 4,000-square-foot store in the spring at the Shops at Columbus Circle, the Wall Street Journal reported.

Amazon is also considering opening a location at Related TRData LogoTINY and Oxford Properties Group’s shopping mall at Hudson Yards, which isn’t expected to be finished until 2018.

The Seattle-based firm, led by Jeff Bezos, opened its first bookstore in Seattle in 2015, followed by locations in San Diego and Portland, Ore., and plans to open stores in Chicago and Dedham, Mass.

After years of focusing purely on online sales, Amazon has been making a push to open bricks-and-mortar locations. And it’s doing it at a time when the retail market has seen a decline in rents, in part due to retailers’ struggles with competition from online shopping.

Availability in nine of Manhattan’s 11 retail submarkets increased year-over-year during the third quarter, according to Cushman & Wakefield.

Amazon had long been rumored to be planning a retail location where customers could pick up same-day deliveries on the ground floor of its New York City headquarters at 7 West 34th Street, but then apparently dropped the plans.

The company is in the market for as much as 250,000 square feet of office space in Manhattan. [WSJ] – Rich Bockmann


Related Articles

arrow_forward_ios
Related's Jamar Adams and Steve Ross with 14-06 Gateway Boulevard (Credit: Getty Images and Google Maps)
Related is the latest developer to target the Rockaways
Related is the latest developer to target the Rockaways
The door at 553 West 30th Street, Related's Stephen Ross and 15 Hudson Yards (Getty, Google Maps)
Judge rejects “poor door” lawsuit at Related’s 15 Hudson Yards
Judge rejects “poor door” lawsuit at Related’s 15 Hudson Yards
Related Companies' Stephen Ross andb Furnished Quarters' Gary Brown and Steven Brown (Related, Furnished Quarters, Getty)
Related claims short-term rental provider owes it millions
Related claims short-term rental provider owes it millions
CBRE's Chuck Leitner with the Brooklyn Logistics Center (CBRE, MarchAssociates Construction)
CBRE arm scores $106M refi for Amazon-operated warehouses
CBRE arm scores $106M refi for Amazon-operated warehouses
From left: Related's Stephen M. Ross and Bruce A. Beal, Jr. (Photo Illustration by The Real Deal with Getty Images, Related)
“Violations of unprecedented scope and severity:” NFL fines Stephen Ross for tampering with Tom Brady
“Violations of unprecedented scope and severity:” NFL fines Stephen Ross for tampering with Tom Brady
From left: Sterling Equities' Fred Wilpon, Mayor of New York City Eric Adams, Related Companies' Stephen Ross, NYCFC's star Maxi Moralez (Getty Images)
Queens soccer stadium headed for Sterling Equities, Related land: report
Queens soccer stadium headed for Sterling Equities, Related land: report
From left: Mark Zuckerberg, Jeff Bezos and 770 Broadway (Getty, Loominosity Z, CC BY-SA 2.0 - via Wikimedia Commons)
Meta, Amazon bail on NYC office expansions
Meta, Amazon bail on NYC office expansions
Pyramid Management Group’s Stephen Congel and Crossgates Mall in Albany (Pyramid Management Group, Google Maps)
Amazon paying rent, but mall landlord sues anyway
Amazon paying rent, but mall landlord sues anyway
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...