FIDI TO BECOME THE SHOPPING DESTINATION OF NYC
By: Jenet Levy, Licensed Associate Real Estate Broker, SoHo Office.
The Financial District is not the first place you think of when you think retail, but that is about to change in a very big way. Three major shopping areas are coming to life in Lower Manhattan and the tip of Manhattan is predicted to become the premiere shopping area in NYC.
The farthest along right now is the Brookfield Place Mall, developed by Brookfield Office Properties (former Winter Garden location). We’ll save the dining aspect for next time (it’s fabulous) and focus on the stores where you’ll want to shop ‘til you drop.
Bonobos Guideshop, Burberry, Calypso, Cos Bar, Diane von Furstenberg, Ermenegildo Zegna, Ferragamo, Hérmes, J. Crew, Michael Kors accessories, Paul Smith, Saks Fifth Avenue, Scoop NYC, and Theory are some of the high-end names coming.
Westfield Group, the Australian developer of over 90 malls in the US, UK, Australia and New Zealand, is quickly filling 365,000 square feet of retail space at 4 WTC, 3 WTC and the new wildly-shaped Oculus building. There will be 150 brands there and it will be a mix of designer and the more affordable. Already signed on are: Armani, Apple, Aritzia, Asics, Aveda, Bebe, Bobbi Brown, Bose, Breitling, Canali, Charles Tyrwhitt, Cole Haan, Disney, Duane Reade, Dune, Epicerie Boulud, Godiva, Hugo Boss, The Kooples, J. Lindberg, John Varvatos, Kate Spade, Kiehl’s, Kusmi, L.K. Bennett, L’Occitane, Lacoste, Lego, Longines, Michael Kors, Moleskine, Montblanc, Nunu Chocolates, Organic Avenue, Pandora, Papyrus, Sephora, Solstice, Stuart Weitzman, Swarovski, Tiffany and Co, Tom Ford, Tumi, Track & Field, Victoria’s Secret, Victoria’s Secret Beauty and Zadig & Voltaire.
Lastly, with developer Howard Hughes beginning the transformation of the new South Street Seaport, a slew of more interesting stores and shops are on the way. That will make the southern tip of our fair island a shopper’s paradise from East to West. What an exciting time!
Coming next time – the incredible new dining options in FiDi.
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Thoughts and opinions presented in this post are those of Jenet Levy and do not necessarily reflect the opinions of Halstead Property, LLC.