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Neiman Marcus May Anchor Hudson Yards

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Like most of its luxury peers, Neiman Marcus is getting ready to finally make its mark on New York City, according to the New York Post. The daily newspaper reports the luxury department store chain has been in negotiations with the Related Cos., one of the developers behinds the massive Hudson Yards project on the West Side of the City, to open a 200,000-sq.-ft. multi-level store in the Big Apple. However, nothing is final yet. According to the Post: "While [$30 to $40 per sq. ft.] ...

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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